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Breaking News
Changes Announced for Three Canadian Immigration Programs. Effective July
01, 2011 Citizenship and Immigration Canada (CIC) has announced
changes that will be made to three of Canada’s federal immigration
programs effective July 1, 2011. In order to reduce the backlog of
economic applications, CIC will be adjusting the intake of applications
from certain immigration categories.
Federal Skilled Worker Program
To qualify for the Federal Skilled Worker Program, applicants must have at
least one year of paid work experience in one of the 29 eligible
occupations or have a valid job offer from a Canadian employer. CIC has
just announced that the list of 29 eligible occupations will remain the
same for the coming 12 months; however, fewer applications will be
accepted for processing. As of July 1, 2011, only 500 applications will be
accepted for processing per occupation and only 10,000 applications will
be considered in total for the coming 12 months. Applicants who have a
validated job offer from a Canadian employer will not be affected by the
caps.
Federal Immigrant Investor Program
CIC has announced that as of July 1, 2011, the number of Federal Immigrant
Investor applications accepted for processing will be capped at 700 for
the coming 12 months. Canadian financial institutions, which act as
facilitators in this program, are reporting that applicants will be
required to submit government processing fees, a copy of their passport,
and completed simplified forms to the Centralized Intake Office in Sydney,
Nova Scotia. All other supporting documents will be required at a later
stage of the processing.
To qualify for the Federal Immigrant Investor Program, applicants must
have:
• Prior business experience;
• A minimum net worth of C$1,600,000 CAN; and
• Make a C$800,000 CAN secured investment.
The Government of Quebec is expected to make an announcement regarding its
Immigrant Investor Program early next week.
Moratorium on the Federal Immigrant Entrepreneur
Program
As of July 1, 2011, CIC will not be accepting any new Federal Entrepreneur
applications. CIC has not stated when the Federal Entrepreneur Program
will begin accepting new applications. Applicants are encouraged to submit
their application to the Quebec Entrepreneur Program or to one of the
various Business Immigration Programs offered by the provinces.
Are you an investor, entrepreneur, or self-employed? Complete our Canadian
immigration assessment form to out if you qualify for Canadian Permanent
Residency. |
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