27th July 2006
Business Immigration: Good Idea Or Bad?
Canada’s Business Immigration Plan is a plan started by the Canadian Government to attract experienced people with money in order to boost the Canadian economy.
Prospective immigrants must have a net worth of at least $800,000 and must make an investment of $400,000 in the Canadian economy.
There are 3 classes of Business Immigrants, each with separate eligibilty requirements.
Investors The Immigrant Investor Program (IIP) wants to find experienced business persons and their capital to Canada. The Immigrant Investors must demonstrate business experience and a legally obtained minimum net worth of CAN $800,000, and must make an investment of $400,000 in the Canadian economy. Entrepreneurs The Entrepreneur Program is searching for experienced business persons who will own and actively manage businesses in Canada that contribute to the economy and create jobs. Entrepreneurs must demonstrate business experience and a minimum legally obtained net worth of CAN $300,000, and are subject to conditions upon arrival in Canada.
Self-employed persons The Self-Employed Persons Program seeks to attract applicants who have the intention and ability to become self-employed in Canada. Self-employed persons are required to have either (a) relevant experience that will enable them to make a significant contribution to the cultural or athletic life of Canada, or (b) experience in farm management and the intention and ability to purchase and manage a farm in Canada.
The province of Quebec operates its own immigrant investor program. All investors in the Quebec program must both be destined to live in Quebec and selected by Quebec. Between 1986 to 2000 most Business Immigrants were from Hong Kong, 7,678 or 39.91% of the total number of Business Immigrants.
How effective has this program been in creating jobs and in bringing investment to Canada? According to Statistics Canada 2000 figures were; full time jobs created 1832, part time jobs created 918.
Canada has an underpopulation problem and has found itself in the same situation as Japan and many European countries. It should actively promote immigration because there is a diminished fertility rate just like in most European countries and Japan.
In Japan things are so bad that only 14% of its population is under the age of 15.
One solution, starnge though it may sound, is to end abortion. Some observers say that if abortions in Canada halted, the population numbers would be above replacement levels within a year.
At present there are 3 categories of Immigrants to Canada: Skilled Worker: This category is for professionals and skilled tradespeople with at least one year of continuous work experience.
This class is the most popular class and is also known as the professional class or skilled worker class and the application is assessed based on a point system. An individual should make an application under this class if he/she wishes to come to Canada based on his/her qualifications, work experience and knowledge of the English or French language. Special provisions apply for immigration to Quebec
Business Class: This category is for managers and business owners with high net worth, and requires an investment in Canada.
This class is also known as the business immigration class. One should make an application under the entrepreneur class and self-employed class if he/she wishes to start a business in Canada. A person should make an application under the investor class if he/she DOES NOT wish to start a business in Canada.
Family Sponsorship: This category is for citizens and permanent residents of Canada who want to sponsor a close family member.
Pierre Trudeau changed Canada’s immigration laws and opened wide the country’s doors to Africans, Asians and West Indians as part of an attempt to fill its huge, underpopulated hinterland.
The result is that today eighteen percent of the population is now foreign-born compared with about 11 percent in the United States, with little or no debate over whether the effects of such change in culture, demographics and national identity is good or bad.
Only in the last 10 years or so have Calgary, Toronto, Montreal and Vancouver, with one third of the population, become multicultural polyglots, with the towers of Sikh temples and mosques becoming mainstays of the skylines and cuisines and fashion becoming concoctions of spices and patterns that are in the vanguard of globalization.
One of the advantages of this cultural diversity is that the population has become more like Europe and has become more tolerant of different views than the United States. However, gun-related crimes in the major cities are increasing at an alarming rate.
by J Schipper
Get Your Free Consultation at Emigrate to Canada
Technorati Tags: emigrate, migration, emigrate to canada, emigrate to australia, canada visa, australia visa, emigration service
19th July 2006
Insider Secrets to immigrate to Canada
Canada, home maples and the Rocky Mountains, remains as one of the world’s open country with regards to policies on immigration. That is why Canada is a favorite destination for immigrants despite the regular heap of paperwork that one has to clear before getting hold of a Canadian residence or VISA.
The main reason why Canada is a popular migration destination is because the Government of Canada constantly seeks workers who are have skills that are lacking in the country. Moreover, with an aging population and declining birth rates, the country is inviting immigrants to their shores and with the Skilled Worker program is calling to attract some 250,000 new immigrants this year.
Planning to immigrate to Canada? Or for that matter anywhere like USA, Australia or New Zealand? It is my duty to inform you that the course of getting the paperwork done is not easy and requires time and commitment, yet seeking an experienced consultant who will walk you through each step will guarantee to make your process smoother, easier and more successful.
The first and most important step to getting your immigration papers is to check your eligibility. With the open policies, you will usually be eligible if you are a skilled worker but do make an additional effort to find out if you can gain extra “entry points” with relevant documents showing your skills. There are many checklists, tests and direct advice online where you can quantify the number of points for the Canadian Skilled Worker or other VISA classes.
The Skilled Worker VISA, one of the most popularly sought after VISA, functions based on a point system. This system allocates points for variables based. Educational, vocational skills and language proficiencies make up a bulk of the points while other attributes like age, family and other factors also contribute to these points. For an application for the Canadian Skilled Worker VISA to be successful, the applicant must achieve at least 67 out of the possible 100 points.
You can score up to 25 points for your education level, the higher educated you are the more points you can receive. Canada speaks both English and French. Being proficient is these languages can help you to score up to a maximum of 24 points. Another 21 points can be scored from you work experience; having four year of qualified experience can score you the maximum 21 points. The fourth factor is you age; 10 points will be given to you if you are aged between 21 and 49. If your age is outside this range you will have two points deducted for every year of difference. Up to 10 more points you can score for contractual agreements with regards to employment in Canada. Finally, another 10 more points you can score for adaptability. This refers to prior educational or work experience here and family already residing in Canada.
Another immigration VISA are that for business immigrants; and broken down further to three subcategories of entrepreneur, investor and self-employed. For these categories, applicants must be able to show and quantify their experiences, net worth, ability or intention to contribute to Canada in other aspects such as culture, sports or any other ways.
Other immigration papers like work permits, holiday VISAs are granted for foreigners who will be in Canada for a limited time. If you are seeking for a long term residence for study or staying with relative, you will still be requite to apply through the Skill Worker Program
Be patient while awaiting the grant of your VISA. You know that Canada is a country with wonderful sites, sounds and with varied cultures. It is worth the wait. Do ample fact finding, seek the advice of experts especially when you have special issues and while some approvals can come in less than seven months, others may take over two years.
About the Author
Barnabas Lee is the Marketing and Communications Manager at Emigration Center, based in Singapore and an independent immigration consultancy that specializes in visas and immigration to Canada, Australia and New Zealand. Further details relating to Canadian immigration can be found at http://emigration-center.com/canada.html
Technorati Tags: emigrate, emigrate to canda, emigration tips, immigration tips, immigration services, permanet resident































