Quebec’s popular Immigrant Investor Program reopen from September 10

Quebec’s popular Immigrant Investor Program reopens September 10

Quebec’s popular Immigrant Investor Program reopen from September 10

Quebec’s popular Immigrant Investor Program reopen from September 10

Participants can obtain permanent residence through passive investment of $1.2 million

The Quebec Immigrant Investor Program will reopen September 10 for a total of 1,900 applications.

This typically popular program is the only provincial immigration stream that allows applicants to obtain permanent residence through a passive investment.

This means that candidates are only required to make an investment in Quebec for a five-year term, whereas many Canadian provinces have immigration streams for entrepreneurs that require candidates to actively run a business.

As a result, quotas for the Quebec Immigrant Investor Program (QIIP) generally fill quickly. A maximum of 1,235 applications will be accepted from China (including Hong Kong and Macau) during the intake period, which is scheduled to remain open until March 15, 2019.

Modified criteria

Next week’s opening will be the first since modifications to the program’s eligibility criteria took effect on August 2.

The main modifications include higher net asset and investment requirements, which have been raised to CAD $2 million and CAD $1.2 million, respectively.

The previous requirements were net assets of CAD $1.6 million and an investment of CAD $800,000.

The investment must be for a five-year term with a subsidiary of Investissement Quebec and the investment agreement must be made through a financial intermediary authorized to participate in the QIIP.

The investment of CAD $1.2 million is guaranteed by the Quebec government and will be returned in full after five years.

Other eligibility requirements include being over 18 years of age, having management experience, intending to settle in the province of Quebec and obtaining a passing score under Quebec’s points system.

To calculate your potential points under the QIIP scoring system, use the Quebec Immigrant Investor Program (QIIP) calculator.

Quebec’s two other business immigration programs, the Quebec Entrepreneur Program and the Quebec Self-Employed Worker Program, opened August 15 to new applications.

Posted in Business / Investor Visa, Canada PNP, Express Entry, Immigration, Quebec, Visa and Immigration | Tagged , , , , , , , , , | Leave a comment

Largest Express Entry draw in 2018 issued 3900 invitations

Largest Express Entry draw in 2018 issued 3,900 invitations to apply

Largest Express Entry draw in 2018 issued 3900 invitations

Largest Express Entry draw in 2018 issued 3900 invitations

Largest Express Entry draw in 2018 issued 3900 invitations

CRS minimum score stays at 440 in September 5 draw

The Government of Canada held its largest Express Entry draw of 2018 on September 5, issuing 3,900 invitations to apply for Canadian permanent residence.

This is the fourth all-program draw in 2018 with a minimum score of 440, which is the lowest Comprehensive Ranking System (CRS) score drawn in 2018 to date.

The tie-break date and time used in this draw was April 29, 2018, at 14:28:34 UTC. This means that all candidates with a CRS score above 440, as well as those candidates with scores of 440 who submitted their profile before this specified date and time, received an Invitation to Apply (ITA) in this invitation round.

The Express Entry system manages the profiles of candidates in Canada’s three main federal economic immigration categories — the Federal Skilled Worker Class, the Federal Skilled Trades Class and the Canadian Experience Class.

Candidates are ranked according to their CRS score and the highest-ranked candidates are issued an ITA through regular invitation rounds.

Today’s draw broke the trend of issuing 3,750 ITAs that was first established by Immigration, Refugees and Citizenship Canada (IRCC) on June 13 and characterized the six draws held since then.

Throughout 2018, IRCC has issued a set number of ITAs over a series of draws, and then raised the number of ITAs by increments of 250 or 500. Draw sizes began at 2,750 at the start of 2018 and have increased incrementally to the current size of 3,900 ITAs.

The regular pace of these larger draws since June 13 could be helping keep the CRS score at 440 and preventing it from going higher. Larger draw sizes, and more regular draws, can also have the effect of lowering CRS scores.

There are several ways for Express Entry candidates to improve their scores, including a provincial nomination that results in 600 additional CRS points. Express Entry-linked Provincial Nominee Programs (PNPs) have been extremely active and innovative in 2018.

IRCC has now issued a total of 58,600 ITAs over 18 draws in 2018, which puts it slightly ahead of the 57,751 ITAs that were issued over the first 18 draws of 2017. However, IRCC had issued 63,777 ITAs in 2017 by this same point in September. This leaves IRCC 5,177 ITAs behind last year’s pace.

A total of 86,023 ITAs were issued in 2017. Given Canada’s increased admission targets for both 2018 and 2019, it remains possible that this year’s total could surpass the number of ITAs issued in 2017.

The following hypothetical examples illustrate candidates who would have obtained an ITA in today’s draw:

Dev is 36, has a Master’s degree, an advanced English language proficiency and has been working as a management consultant for six years. While Dev has never worked or studied in Canada, his CRS score of 443 would have been sufficient to obtain an ITA in today’s draw.

Ada is 34 and obtained her Bachelor’s degree in Canada. Ada has been working in Canada as a graphic designer for two years.  Prior to studying in Canada, Ada worked as a retail supervisor for three years. Ada wrote her IELTS and scored a 6 in each category. Ada’s CRS score of 442 would have been sufficient to obtain an ITA during the most recent Express Entry Draw.

Sai is 31, has a Bachelor’s degree, and has been working as a cook for five years. He wrote his IELTS and obtained an 8 in each category. While Sai has never worked or studied in Canada, he has a sister who is a permanent resident of Canada residing in Vancouver. His CRS of 442 would have been sufficient to obtain an ITA in the September 5 draw.

“We’ve been waiting to see if IRCC would increase the number of Express Entry candidates invited, given the increased admissions targets for both 2018 and 2019,” said David Cohen, senior partner with the Cambell, Cohen Canadian immigration law firm in Montreal.

“Now that IRCC once again has increased the number of ITAs, we’ll see if it continues this trend throughout the fall.”

Posted in Canada, Canada Open Work Permit, Canada PNP, Express Entry, Immigration, Visa and Immigration | Tagged , , , , , , , , , , | Leave a comment

2018 Top Jobs in Canada under Express Entry Immigration

2018 Top Jobs in Canada under Express Entry Immigration

2018 Top Jobs in Canada under Express Entry Immigration

2018 Top Jobs in Canada under Express Entry Immigration

Top Jobs in Canada under Express Entry

  1. Sales Representatives

Sales representatives are the second most in-demand job in Canada this year, after general labourers, according to the HR firm Randstad. In most cases, what you take home will depend on the commission you earn, so the more you sell, the more you make.

  1. Account Manager

Skilled account managers won’t become one of the most threatened jobs in Canada any time soon. Account managers are crucial to businesses’ success because they not only find new clients but also do what it takes to keep existing clients. This is why excellent people skills, creative thinking and business know-how are among the top requirements for the job.

  1. Business Management Consultant

Business management consulting remains in high demand as businesses need expert advice on how to be more productive. You can specialize in a certain field, such as hospitality or tech, which means you’ll need a business degree combined with industry experience in your chosen field.

  1. Engineering Project Manager

Engineering project managers remain in demand throughout Canada this year with the booming housing market and infrastructure projects funded by the government. With an average salary of nearly $125,000 a year, this is a very well-paid job and because much of it is about delegation, it’s also one of the

  1. Aerospace Engineer

Canada’s fleets of aircraft are becoming old and out of date, so the aerospace industry is expected to grow. Aerospace engineers will lead the way toward new, more environmentally sound and safer aerospace systems. The highest-paying jobs are in Quebec, Ontario and Alberta.

  1. Business Analyst

Business analysts combine financial savvy and tech skills to help businesses streamline their processes and work more efficiently. Entry-level salaries are amongst the best in Canada, but when you’ve worked your way up to senior business analyst, you’ll be able to take home more than $100,000 per year.

  1. Accountant

An accountant will crunch the numbers for you so you don’t have to. If you like crunching numbers, though, accounting is a great career to pursue because you’ll be able to find work almost anywhere, with clients ranging from businesses to private individuals. If you qualify as a CPA, you may even look at a salary of over $200,000 per year. The job usually involves driving around, so it will be helpful to learn how to keep your car costs down.

  1. Administrative Assistant

The days when administrative assistants were really just glorified secretaries are long gone. They were one of the most in-demand jobs in Canada in 2017, and for good reason. Administrative assistants now not only manage the pool of other office workers but also have skills in accounting and tech.

  1. IT Project Manager

IT project managers oversee the development of tech projects, working with a variety of other tech professionals. You’ll need a tech background as well as time-management, business and people skills. If you’re wondering where to look for IT project management jobs, check out the best cities for tech start-ups.

  1. Software Engineer

As more of our daily life depends on software of some kind, software engineers aren’t just in demand in the tech industry anymore. They can find well-paid jobs in just about any sector, whether it’s banking or government. It’s the kind of job where you won’t have to interact with many people, so it’s one of the perfect careers for introverts.

  1. Machine Learning Engineer

A machine learning engineer develops artificial intelligence machines and systems. The government’s Pan-Canadian Artificial Intelligence Strategy may help drive the demand for machine learning engineers this year.

  1. Industrial Technician

Growth in the manufacturing sector means there is a demand for skilled trades such as industrial electricians. Moreover, there is a shortage of qualified workers in this area and if you have the skills and experience, you can also have your pick of the best jobs, especially in Nova Scotia, Alberta, Saskatchewan, British Columbia, Newfoundland and Labrador.

  1. Pharmacist

The demand for pharmacists is growing due to two factors: the aging Canadian population and the increasing number of retailers that now include pharmacies. This may not be one of those jobs that could make you a millionaire but it pays well enough to help you retire in comfort.

  1. Psychologist

A growing awareness of the importance of mental health means a growing demand for psychologists and, as Training Schools says, there may even be a shortage of trained professionals in this field in the next few years. Your income will depend on how many patients you take on.

  1. Registered Nurse

Registered nurses are in demand throughout Canada, also in small rural communities where they may be the primary healthcare providers. With aging Baby Boomers requiring more healthcare and many registered nurses reaching retirement age themselves, this is one of the top careers that will be in demand after 2020.

  1. Aircraft Pilot

Being an aircraft pilot is a job that lets you retire early and since the median age for pilots in Canada was 44 in 2014, more jobs should start becoming available in the near future. You don’t need to work for one of Canada’s big airlines, either. You can also find work in the mining, logging, medical, fire fighting or adventure travel sectors.

Posted in Business / Investor Visa, Canada, Canada Open Work Permit, Canada PNP, Express Entry, Immigration, Visa and Immigration, Work Abroad | Tagged , , , , , , , , , | Leave a comment