Foreign investors are attempting to ride the US EB-5 horse before it bolts as fears the controversial visa program could be altered have sparked an application surge. Applications have jumped 271 per cent in two years, from 6,554 in 2013 to 17,791 last year as mainly Chinese nationals look to secure permanent residency status. The…
Immigrants to Canada have access to one of the world’s most competitive tax regimes for starting a new business. An important advantage enjoyed by business owners is a low tax rate applicable to active business income earned in Canada. This is called the “small business deduction”. Generally, business income earned in Canada is subject to…
Wealthy businessmen looking for a way around travel restrictions are a key driver of the investment immigration industry – with Antigua & Barbuda’s citizenship program one of the most attractive. Beginning May 1st a family of four can secure citizenship on the Caribbean island in return for a $300,000 investment and $150,000 processing fee. Countries…
Wealthy businessmen looking for a way around travel restrictions are a key driver of the investment immigration industry – with Antigua & Barbuda’s citizenship program one of the most attractive. Beginning May 1st a family of four can secure citizenship on the Caribbean island in return for a $300,000 investment and $150,000 processing fee. Countries…
The federal government has taken fire for Quebec`s Immigrant Investor Program (QIIP) which offers residency to wealthy immigrants, mostly from China. Critics accuse Ottawa of disregarding that the vast majority of these individuals settle in British Columbia and Ontario, and deprive these provinces of federal immigrant settlement transfer payments which Quebec is unfairly receiving. The…