The revamped Quebec Immigrant Investor Program reopened to accept 1,900 new applications on September 10 2018,. A recent overhaul saw the Quebec immigration ministry (MIDI) increase the investment threshold and net worth requirement under the program. The increases were the first in eight years for the QIIP. The new program has an investment requirement of…
Canadian small and medium businesses are turning to immigrants because Canada’s labour shortage means they cannot find enough new employees to fill vacancies. A new report reveals the sharp end of Canada’s shrinking labour market and its direct impact on economic growth. The Business Development Canada study reveals SMEs are hiring younger, unqualified workers for…
Canada’s business immigrants buck the trend seen in other developed countries by running their businesses for at least as long as their Canadian-born counterparts. That is one of the central findings of a Statistics Canada study into immigrant entrepreneurs in Canada. Research found that 80 per cent of immigrant owners of private companies were still…
September 10, 2018 – Even the strongest supporters of investment immigration programs do not deny the Canada Immigrant Investor Program could have been better administrated. Yet poor execution of flawed rules is not justification to condemn the entire concept. As Canada lies dormant, other countries are reaping the benefits of economic citizenship and thriving residence…
The EB-5 visa is fast becoming a victim of its own popularity. The program’s annual limit of 10.000 visas including spouses and dependent children has been met every year since 2013-14. The program offers fast-track permanent residence to investors making an investment of $500,000 or $1 millio in a commercial enterprise, creating ten permanent jobs…