Thursday, December 2, 2010
Wednesday, December 1, 2010
Canada re-opens Immigrant Investor Program - Fast Track
Canada re-opens Immigrant Investor Program - Fast Track
Effective December 1, 2010, Citizenship and Immigration Canada will once again accept applications under the federal Immigrant Investor Program.
Under the new program criteria, investor applicants will need to have a personal net worth of $1.6 million, up from $800,000 under the old criteria, and make an investment of $800,000, up from the previous requirement of $400,000. It is expected that the new program will be fast track (12 months processing) and the applications under the program will be given priority over those already in processing queue.
“These changes were necessary,” said Minister Kenney. “The requirements had not been increased in more than a decade and we need to keep pace with the changing economy.”
Canada’s old immigrant investor criteria were the lowest when compared to other countries with similar programs. The new criteria now align it more closely with other immigrant-receiving countries.
The investor program was suspended in June, in part because the high volume of applications was leading to wait times that were too long. Raising the requirements will help reduce the flow of applications while ensuring we attract experienced businesspeople who can make a more substantial contribution to the economy. Higher personal net worth criteria mean the program is now better positioned to attract investors with valuable business links and the resources to make secondary investments in the Canadian economy.
“Higher investment amounts mean provinces and territories will receive more investment capital to put toward job creation and economic development projects,” added the Minister.
Canada’s Immigrant Investor Program offers several benefits to international investors, including permanent resident status up front and guaranteed repayment of the investment.
Under Canada’s old criteria, the volume of applications submitted under the Program had grown exponentially and processing times had increased. By stopping applications between June 26, 2010, and December of this year, the government prevented further delays. Applications received on or after December 1 will be subject to the new criteria and will be processed alongside the old ones. In this way, Canada can begin to realize the benefits of the changes as soon as possible.
Source: CIC
Effective December 1, 2010, Citizenship and Immigration Canada will once again accept applications under the federal Immigrant Investor Program.
Under the new program criteria, investor applicants will need to have a personal net worth of $1.6 million, up from $800,000 under the old criteria, and make an investment of $800,000, up from the previous requirement of $400,000. It is expected that the new program will be fast track (12 months processing) and the applications under the program will be given priority over those already in processing queue.
“These changes were necessary,” said Minister Kenney. “The requirements had not been increased in more than a decade and we need to keep pace with the changing economy.”
Canada’s old immigrant investor criteria were the lowest when compared to other countries with similar programs. The new criteria now align it more closely with other immigrant-receiving countries.
The investor program was suspended in June, in part because the high volume of applications was leading to wait times that were too long. Raising the requirements will help reduce the flow of applications while ensuring we attract experienced businesspeople who can make a more substantial contribution to the economy. Higher personal net worth criteria mean the program is now better positioned to attract investors with valuable business links and the resources to make secondary investments in the Canadian economy.
“Higher investment amounts mean provinces and territories will receive more investment capital to put toward job creation and economic development projects,” added the Minister.
Canada’s Immigrant Investor Program offers several benefits to international investors, including permanent resident status up front and guaranteed repayment of the investment.
Under Canada’s old criteria, the volume of applications submitted under the Program had grown exponentially and processing times had increased. By stopping applications between June 26, 2010, and December of this year, the government prevented further delays. Applications received on or after December 1 will be subject to the new criteria and will be processed alongside the old ones. In this way, Canada can begin to realize the benefits of the changes as soon as possible.
Source: CIC
Tuesday, November 9, 2010
New Immigration Progams added in Service Portfolio of Amir Ismail & Associates (AIA)
RE : NEW IMMIGRATION PROGRAMS ADDED IN SERVICE PORTFOLIO OF AMIR ISMAIL & ASSOCIATES (AIA)
Amir Ismail and Associates (AIA) is pleased to advise that we have added some more immigration programs to our service portfolio to cater to the needs of clients with different immigration goals and to provide them more choice of countries offering immigration options.
In addition to providing immigration consulting services for Canada, AIA looks forward to assisting its clients in immigrating to other first world countries. The programs added for skilled workers are as follows:
* Australia - General Skilled Migrant /State Nomination
* United Kingdom - Tier 1 Program for Professionals
* Denmark Green Card Scheme
* Hong Kong - Quality Migrant Admission Scheme
* Singapore - Landed Permanent Resident Visa
AIA is committed to provide competent immigration consulting services to all our clients. With our third generation in immigration business, the combined experience of our professionals exceed 60 years in immigration law.
If you feel interested in immigrating to Canada, Australia, UK, Denmark, Hong Kong or Singapore, please contact us in Toronto or Pakistan at info@amirismail.com
THE AIA TEAM, TORONTO, CANADA
--
Amir Ismail MBA, CCIC, FCMI
Certified Canadian Immigration Consultant
Member of Immigration Consultants of Canada Regulatory Council (412319)
Member of Canadian Association of Professional Immigration Consultants
Fellow of Canadian Migration Institute (CMI)
Email: info@amirismail.com
Web: http://www.amirismail.com
Facebook: http://www.facebook.com/canadaimmigration
Blog: http://aicic.blogspot.com
Immigration Interviews: http://aicic.blogspot.com/2010/01/listen-to-amir-ismails-interviews-on.html
Skype: amirismail73
Twitter: canadaimmigrate
Linkedin: http://ca.linkedin.com/in/amirismail
Amir Ismail & Associates (AIA)
Licensed Immigration Consultants
Canada:
First Canadian Place
100 King Street West, Suite 5700
Toronto, Ontario M5X 1C7
Tel: +1-416-913-0230 - +1-647-835-0660
Fax: +1-416-907-3338
Email: info@amirismail.com
Pakistan:
Suite # 706, 7th Floor, Kashif Centre
Sharah-e-Faisal, Karachi
Tel: +92-21-35652860-1-2,
Fax: +92-21-35221435, Cell: +92-300-2516207
Sunday, October 17, 2010
Sunday, October 3, 2010
Tuesday, August 17, 2010
Live Immigration Chat from Toronto, Canada
Toronto-based licensed consultant Mr. Amir Ismail will be available live from Toronto at 12:00 p.m. Toronto time (9:00 p.m. Pakistan time) on August 18, 2010 to respond to questions related to the eligibility to immigrate to Canada under Fast Track Skilled Worker Program.
We will be reviewing assessment forms completed at our web site www.amirismail.com and advising the participant regarding their eligibility.
TO JOIN THE CHAT, VISIT
http://www.ustream.tv/channel/canadian-immigration
NOTE* If you wish to post your questions during the chat, you must create a FREE Ustreamtv account.
Since 1991, we take pride in offering reliable immigration advise through our well-trained and accredited immigration advisers.
Live Immigration Chat will take place on: August 18th at 12:00 PM Toronto time (9:00 p.m. Pakistan time)
To participate, please complete our online assessment form available at www.amirismail.com and have your questions ready for an immediate response.
We look forward to meeting with you online and to being of assistance to you in your plans to immigrate to Canada.
Yours faithfully,
THE AIA TEAM
Toronto, Canada
We will be reviewing assessment forms completed at our web site www.amirismail.com and advising the participant regarding their eligibility.
TO JOIN THE CHAT, VISIT
http://www.ustream.tv/channel/canadian-immigration
NOTE* If you wish to post your questions during the chat, you must create a FREE Ustreamtv account.
Since 1991, we take pride in offering reliable immigration advise through our well-trained and accredited immigration advisers.
Live Immigration Chat will take place on: August 18th at 12:00 PM Toronto time (9:00 p.m. Pakistan time)
To participate, please complete our online assessment form available at www.amirismail.com and have your questions ready for an immediate response.
We look forward to meeting with you online and to being of assistance to you in your plans to immigrate to Canada.
Yours faithfully,
THE AIA TEAM
Toronto, Canada
Tuesday, August 10, 2010
Use of the term “guarantee” when describing immigration consulting services or fees
Immigration Consultants who are authorized by the government of Canada are supposed to go about their business according to a strict, enforceable Code of Conduct.
According to the Professional Rules of Conduct that we as Authorized Consultants are bound to adhere to, use of the term “guarantee” when describing services or fees is inappropriate, and must be avoided. Consumer of Immigration Consulting Services should be cautious and understand that the word "guarantee" is used by unauthorized ghost agents posing themselves as licensed consultants. They do so in an attempt to instill confidence in clients they are trying to fool. As such, when you see the word "guarantee" on a web site or any marketing material of a so called immigration consultant, ask for their identity and check if their name appears on the list of Authorized Representatives available on the web site of the Canadian Society of Immigration Consultants - https://www.csic-scci.ca/find/all.html
An Immigration Consultant has a positive duty to promote the Society and Rules, and to prevent unregulated practice, and is encouraged where appropriate to educate the public at large regarding the Society and the regulatory system and safeguards with respect to Immigration Consultants. Amir Ismail & Associates (AIA) will continue to follow this rule and will continue its efforts to inform and educate public to distinguish between Authorized Representatives and impostors plaguing the immigration industry worldwide, particularly in Pakistan.
According to the Professional Rules of Conduct that we as Authorized Consultants are bound to adhere to, use of the term “guarantee” when describing services or fees is inappropriate, and must be avoided. Consumer of Immigration Consulting Services should be cautious and understand that the word "guarantee" is used by unauthorized ghost agents posing themselves as licensed consultants. They do so in an attempt to instill confidence in clients they are trying to fool. As such, when you see the word "guarantee" on a web site or any marketing material of a so called immigration consultant, ask for their identity and check if their name appears on the list of Authorized Representatives available on the web site of the Canadian Society of Immigration Consultants - https://www.csic-scci.ca/find/all.html
An Immigration Consultant has a positive duty to promote the Society and Rules, and to prevent unregulated practice, and is encouraged where appropriate to educate the public at large regarding the Society and the regulatory system and safeguards with respect to Immigration Consultants. Amir Ismail & Associates (AIA) will continue to follow this rule and will continue its efforts to inform and educate public to distinguish between Authorized Representatives and impostors plaguing the immigration industry worldwide, particularly in Pakistan.
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