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Ottawa open the doors for 500 new applications, but only 50 millionaires would get the Canada PR status!

Posted - 29, Jan 2015

Canada brings about a new set up to accept the fresh applications from millionaire immigrant investors their on Wednesday, 28th of January, beneath a reconstructed model of this program which was once criticized as "cash for citizenship."

The Canadian government has announced earlier in December last year that it would provide a permanent residency to the international investors who can invest not less than 2 million$ in Canada. This would act as a great endeavor to engage the experienced business people who will definitely provide the economy of Canada a wonderful boost.

It enthralls the business immigrants who can earnestly invest in the Canadian economy, encourage the innovation, economic extension and help in generating jobs.

The new Immigrant Investor Venture Capital Pilot Program is a part of a series of evolution which is expected to bring changes, raised on the Government's commitment of building a speedy and adaptable economic immigration system; to provide a pathway to permanent residence to Canada for approximately 50 immigrant investors and their families.

The Canadian minister Chris Alexander expressed his grateful thoughts, "we are attracting investors who can make a significant investment and who have the education and proven business or investment experience necessary to achieve success in Canada. As we move forward, our Government will continue to ensure that our economic immigration programs provide a direct benefit to Canada and contribute to long-term prosperity and economic growth.”

As the formation of this Immigrant Investor Venture Capital Pilot Program will most probably conclude the Government of Canada's commitment in Economic Action Plan 2014 in order to frame a pre occupied and adequate pilot program to prepare the immigrants who are coming to Canada and deliver meaningful benefits to the prospering economy of Canada. For further details kindly, Call us 011-48447777 or mail us info@visasavenue.com

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