Canada: Immigration Rules Change, Targets Investors and Workers

Prominent Change – Last year Citizenship and Immigration Canada declared in the Investor Category of the Business Ranks and even in Skilled Working class a prominent change. This mainly highlighted the requirements for people belonging to either class to apply for Permanent Residence in Canada that included tests & operational field.

Eligibility Working Class: As per the changes implemented last year a person belonging to the Skilled/Independent Worker Rank should meet the following requirements:

• The results of the language proficiency test written.
• Authentic hiring letter in a particular employment field.
• Have a year long experience in full-time payroll work experience or a two-year long experience in a part-time remunerated work.

Twenty Nice (29) other working fields were also mentioned that required one year experience.

Implications: If a worker has already filed an application for PR prior to 26 June, 2010, the amends made to the law are not applicable to them. The application will be assessed with respect to the previous legislation. Conversely, if a worker hasn’t applied yet that these changes will be applicable. The application will be assessed according to the new legislation. If you haven’t applied yet, do it as soon as possible before the quota for June is reached.

Eligibility of Investor Class: For the Immigrant Investor Program, the Canadian Government has suggested for new eligibility criterion. According to the new eligibility conditions, new investors should have a net worth of $1.6 million and should be willing to make an investment of $800,000. Until the changes are brought in, new investments will be halted. Investment applications received before June 26, 2010 will be entertained. This will help to avert a stream of applicants before the changes are brought in.

Implications: Similar to that of the working class, any application filed prior to 26 June 2010, changes will not be applicable. All the eligibility requirements will be assessed considering according to the previous legislation. Just in case one is yet to apply for it any changes in the criterion may be applicable. Plus, one will not permitted to apply till the time suspension on new Investor Applications is raised which is expected to remain until the fall of 2010.

Options – In such a case there are two options for the investors:

• Wait until the suspension is raised and if the new criterion are brought in, just check whether you’re eligible and then decide.
• You can resort to migrating Canada immediately in the Business Class’s.

Entrepreneur Category suppose you are eligible:
Your selection of the above two options depend on whether your application has already been assessed or is yet to be if you’re a part of Non-Clients of CanReach Immigration.