Immediate permanent Residency Status for Qualifying Immigrant Entrepreneurs
Immigration Minister announces new facilities for Immigrant Entrepreneurs
Starting from April 1, the Immigrant Entrepreneurs who would be qualifying to enter Canada would be given an instant privilege.
The making of the news
Silicon Valley comes up with the concept of providing “permanent residency status” to the immigrants clearing the process of entering the nation.
Immigration Minister Jason Kenney comes with this announcement of attracting “bright young foreign nationals” on the land of Canada.
And he also prefers to pick up such entrepreneurs from Asian Province. Preference will be given to young minds working in the field of Technology.
The application process should not take more than 6 months and every year almost 2,750 visas would be cleared under this program.
Immigration Minister informs that young minds willing to work at U.S. do not have adequate advantages and in the want of the same they get stuck. SO, this nation will try and provide such facilities which would make them comfortable.
Criteria for qualification
The applicants need to have required sum of money. Also, they should be proficient in English or French and should hold a yearlong college or university experience.
The advantages of the program
Immigration Minister is all set to welcome the young entrepreneur who has the capability of establishing companies of large volume and hence he strongly recommends that they should be given the status of “permanent residency” without any delay.
Canada is geared up to take advantage of the situation in U.S. wherein enough encouragement is not provided to these young minds.
The matter of fact is that there is a rarely a country which provides such a facility to immigrant entrepreneurs coming to them.
The support on not being successful
Even if the entrepreneurs are not quite successful, they would be encouraged to continue with their endeavor. After all, this country has been developed on the basis of strength coming of “risk takers”.
The future prospects of the program
Immigrant entrepreneurs have played a major role in developing the nation over the past few decades. They have always been a major component of the transformational process. Now, with the aging population, the country needs to attract more and more young people who can be a part of machinery of the economic and all round growth of the nation.
The entrepreneurs coming to Canada will create jobs for the natives and others by establishing companies here.