Immigration & Citizenship Bulletin – Carswell 24 Imm. & Cit., No. 8 . September 2013 . ISSN 0843-7564 September 2013 The Province of Quebec has authority to admit 55,000 foreign nationals each year. Under Quebec provincial law, the majority of foreign nationals are selected under the Economic Class comprised of the skilled worker, investor, entrepreneur…
The Government of Canada will increase immigration levels significantly in 2015. Citizenship and Immigration Canada aims to welcome as many as 285,000 new permanent residents this year. This represents a significant increase in levels from previous years. Canada’s increased immigration levels, coincides with the implementation of a new Express Entry immigration system which processes immigrants…
The Harper government’s new program is a charade The federal government has recently launched its new Immigrant Investor Venture Capital (IIVC) Pilot Program which aims to raise $120-million from 60 eligible ultra-high net worth investors. The funds are intended to be invested in Canada-based startups with high growth potential. Ironically, the new program unofficially confirms…
The International Monetary Fund has urged the government of St. Kitts and Nevis to not overly rely on income from their Citizenship by Investment Immigration Program to fund their government operations, advising them to treat the inflows from the program as “inflows that could stop at any time”. “The revenues from those programs should not…
Generally, investments under the EB-5 investment immigration program are structured as equity or debt investments. Debt Model This model involves the creation of two enterprises—a New Commercial Enterprise and a Job Creating Enterprise. The investor makes the capital investment in the NCE. The NCE loans the capital to the JCE, which then uses the funds…