More foreign engineers relocated to Australia with permanent migration program than with 457 visas

More foreign engineers relocated to Australia with permanent migration program than with 457 visas

More foreign engineers relocated to Australia with permanent migration program than with 457 visas

More foreign engineers relocated to Australia with permanent migration program than with 457 visas

Demand will remain for foreign engineers to fill an impending skills’ shortage, which grew because of the windfall in infrastructure projects worth many million dollars.

Engineers Australia, an industry body, revealed this and said that around 57 percent of engineers in Australia were immigrants and most them relocated there through the permanent migration program rather than with 457 visas.

About 13,265 engineers used their qualifications as points in order to become permanent migrants in 2015-16, which was twice the number of 6,957 engineers who gained entry into Australia using 457 visas during the same period.

The largest source countries from which engineers permanently migrated to Australia were India, China, Iran, Britain and America. On the other hand, the countries from where engineers migrated on 457 visas were India, the United Kingdom, China, the United States and the Philippines.

Brent Jackson, Engineers Australia spokesman, was quoted by The Australian Financial Review said that they were not expecting the government’s decision to scrap the 457 visa program to considerably affect the availability of engineers who would work on large infrastructure projects as many engineering specialisations, including civil, transport, electrical and structural, engineers, would be granted permission to work in Oz as per a proposed new visa scheme.

Jackson predicted that demand was expected to shoot up for civil engineers as new infrastructure projects worth multi-billion dollars in sectors of energy, transport and telecommunications projects would commence.

He said that if historical trends are any indicators, Australia would be facing a skills’ shortage in the medium term again.

If you are looking to migrate to Australia through the permanent migration program, get in touch with Global Gateways

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Canada Investor Visa 2017

Investor Visa Canada 2017

Investor Visa Canada 2017

Investor Visa Canada 2017

Introduced in 1986, the highly successful Quebec Immigrant Investor Program (QIIP) offers qualified high net worth individuals and families worldwide the opportunity to immigrate to Canada through the Province of Quebec. With the recent closure of Canada’s Federal Immigrant Investor program, the exclusive QIIP is the only Canada Investor Visa 2017 of its kind currently available to international business people, and it boasts the exact same investment standards as the former federal program.

According to the Reputation Institute, Canada is the “most admired” country with the “best reputation” in the world, and the modern and safe nation offers immigrants a fantastic quality of life in a pluralistic society, all at an affordable cost of living. Successful Quebec Investor Program candidates will be granted an unconditional Canada Permanent Resident Visa and may immediately start living, working and doing business anywhere in the country. Children of new investor immigrants may also promptly begin studying in Canada, and can apply to local schools and universities as a Canadian resident as opposed to a foreign student.

UPDATE: The Quebec Immigrant Investor Program will reopen for new applications from May 29, 2017 until February 23, 2018. The program will only accept a maximum of 1900 applications during this limited intake period, so we strongly encourage you to act fast.

Canada Investor Visa Eligibility

Minimum Net Worth

In order to be admitted into the Quebec Investor Program 2017, foreign investors must have a legally obtained minimum net worth of CAD $1.6 million (or its equivalent in a foreign currency), either individually or combined with their spouse or partner. Assets that may be included when calculating net worth include real estate, bank accounts, stocks and bonds, as well as pension funds. Under the Quebec program for investors, inherited assets are classified as legally obtained, however, donation or inheritance money must have been received at least six months prior to launching a QIIP application. As of April 2017, $1.6 million Canadian dollars is equivalent to approximately USD 1.2 million, EUR 1.1 million, or CNY 8.5 million.

Risk-Free Investment

Applicants for Canada investor immigration must sign an agreement stating their intention to make a government guaranteed CAD $800,000 investment in Quebec through a financial intermediary authorised to participate in the QIIP. This prescribed investment in a five-year term note is fully and unconditionally guaranteed by the Government of Quebec, and in accordance with the provisions of the program, the money is returned in full after five years with 0% interest. Please note: this passive investment does not have to be made until after an applicant is approved in principle for investor immigration to Quebec, so there is no risk of making the investment only to be later refused a Canada investor visa.

Financing Solution

Over the last decade, a significant percentage of the Quebec and Canada Immigrant Investor Program participants have financed their investment in the country. Investors who do not wish to liquidate assets in order to come up with the required C$800,000 can finance the investment through an authorised Canadian financial intermediary for a one-time loan payment of ~$220,000 CAD, which includes all interest and fees. This means that as of April 2017, the “true cost” of obtaining a Canada investor visa is only around 165,000 American dollars, 1.2 million Chinese Yuan Renminbi, or 150,000 euros depending on the exchange rate. The Quebec-based law firm we work with exclusively has excellent relationships with reputable financial intermediaries who regularly loan to Canada investor immigration clients, allowing us to facilitate the financing of your investment at highly competitive rates should you choose to retain our professional services. Investments must be made in full within 110 days of being approved in principle for a Canada investor visa, so working with a law firm that has existing relationships with major financial institutions in Canada can make meeting this deadline less stressful. Please note: the current walk-away price of financing the $800,000 investment fluctuates between C$200,000 and C$240,000 according to interest rates, so we are unable to state a precise amount on our website.

Quebec Residency

Immigrant Investor Program applicants must intend to settle in Quebec, the largest province in the country by size and second largest by population, accounting for almost 1/4 of Canada’s 35 million people. Quebec is a vibrant and prosperous society built upon egalitarian beliefs that is incredibly welcoming and diverse. Although investor class immigrants and their families are allowed to settle in any city in Canada, the tremendous quality of life in Quebec makes the province highly popular among newcomers to the country. Montreal, the largest city in Quebec, is a modern and dynamic city with exceptional shopping, restaurants, and nightlife, as well as some of the best hospitals and healthcare facilities in the nation. The education system in Quebec is first rate, and the province is home to world-class schools such as McGill University. Although Quebec is predominantly a French-speaking province, English is commonly spoken in Montreal especially within the city’s business community. The astounding multiculturalism of Montreal also makes the city immensely inviting to new immigrants, and the province is famous for having some of the cleanest air and water in the entire world.

Business Management Experience

The Quebec Canada Investor Program requires primary applicants to have acquired at least two years of full-time business management experience in the past five years. Qualifying business management experience for the purposes of investor immigration to Canada must involve some portion of the management, planning, and control of both the financial side and the human or physical/material resources side of the enterprise or organisation. Examples of appropriate management experience include commercial business, professional business (provided the private enterprise or partnership had 2 or more full-time employees excluding the applicant), NGO, agricultural (farm management), foreign government department or agency, international organisation, or industrial management. Quebec immigration authorities will only consider business experience that was legitimately attained while the applicant had proper work authorisation or legal status – unauthorised work experience does not count.

Other Factors

In addition to the above selection criteria, Canadian investment visa adjudicators who evaluate Quebec investor stream immigration applications will also consider factors such as age, education, adaptability, language proficiency, and work experience when making an assessment of a candidate’s file. A skilled Canada immigration lawyer with extensive experience preparing Quebec Investor Program applications can ensure that a client’s file effectively communicates every attribute he or she possesses that could potentially strengthen their application. Before moving to Canada, all persons included under an investment visa Canada file must also pass a medical exam as well as security and criminal checks.

Immigrant Investor Program Canada

Many people confuse the former Canada Immigrant Investor Program with the current Quebec immigration program for investors. Although both economic citizenship programs were extremely similar with identical investment and net worth requirements, only the Quebec Investor Program is currently operating as a gateway to Canada for wealthy business people holding citizenship from any country. In February 2014, the Canadian government announced the cancellation of the highly popular Federal Immigrant Investor Program (FIIP), slamming the door on 59,000 applicants whose pending files were instantly cancelled. Many of these former candidates from the federal program are still interested in obtaining Canadian citizenship by investment, however, and consequently, the next Quebec Investor Program opening may reach capacity very shortly after it commences on May 29th, 2017 (this latest QIIP intake period will only accept 1900 applicants).

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Canada’s minister of immigration explains what successful immigration policies

Canada’s minister of immigration explains what successful immigration policies look like

Canada's minister of immigration explains what successful immigration policies

Canada’s minister of immigration explains what successful immigration policies

Canada has a long history of resettling people from war-torn countries, beginning with the US itself.

In 1776, black slaves found refuge in Canada during the American Revolution. At the turn of the 20th century, Jews fleeing Russian pogroms settled there. And within the last 50 years, the country has welcomed more than 60,000 refugees from Vietnam, Cambodia, and Laos, as well as another 40,000 from Syria.

“Canada is a nation of immigrants,” Canadian Minister of Immigration Ahmed Hussen tells Business Insider. “We’ve always had immigration as a key tool for economic growth and nation-building.”

But to hear Hussen celebrate Canada’s attitude toward immigration – however motivated by economic gain it may be – puts in stark relief the changing sentiments in the US about immigration. A century after millions of European migrants arrived on Ellis Island, a lot of US hopefuls – many of them well-educated, here on professional work visas – now fear deportation.

Some have even cancelled their food stamps, worried the government benefit could lead to an unexpected ICE raid.

In Canada, immigrants often observe a different mentality. Over the past year, many of the Syrian refugees who shacked up with Canadian families – essentially their adoptive guardians – came to see the sponsors as kin.

“I’m not anxious because I know our sponsors love us. They won’t leave us,” one refugee, Wissam Al-Hajj, told the New York Times.

“There’s an understanding in Canada that immigration is a net-positive for our society,” Hussen says, “and that we should continue to have a very robust immigration system that welcomes those in need of protection but also those that want to come and give us their skills and talents.”

In the US, that’s historically been true, too. Each year, the US issues 85,000 H-1B visas to highly skilled workers, many of whom find jobs at places like Google, Facebook, and other large tech companies. But critics, like President Trump, who recently signed an executive order to overhaul the program, say it robs native-born Americans of jobs in favor of cheap, outsourced labor.

Proponents say the visas give immigrants the opportunity to live out their version of the American Dream, pursing a life that in many other cases would be impossible.

Recently, however, Silicon Valley firms have started relocating workers across the border to protect them from possible deportation. For $6,000, a firm can pay the Canadian-founded company True North to fly their employee to Vancouver, house them for two nights, and have them meet with an immigration expert to sort out gaining residency.

Canada’s government may have a greater incentive to be friendly to immigrants than the US, given the country’s low fertility rate and small population. Immigrants represent a much more immediate economic benefit to a country of 36 million than one of 318 million.

Hussen concedes the fiscal upsides, but he says there are other benefits, too.

“There are very substantial contributions to our economic growth, our prosperity, to our social and cultural mosaic” that come from immigration, he says.

Canada’s immigration process used to be lengthy and difficult, sometimes taking 8-10 years for applications to go through. But since 2015, Canada has offered a so-called Express Entry system. Modeled after the New Zealand and Australian models, people in the Express Entry program only wait at most six months to have their residency applications processed. People earn certain scores for the skills they bring, such as experience level, number of degrees, and so on.

For all others, there are several routes to gaining residency, and then full citizenship. The cost can run into the thousands, but logistically the process is more straightforward than a lot of other countries.

The system isn’t perfect, which the Canadian government freely admits. Temporary foreign workers and international students may struggle to fully integrate in the eyes of the law, for instance. But Hussen says the country is receptive to making the necessary changes.

And though he didn’t want to comment specifically on what the US could do better, he emphasized what, in his opinion, has made Canada great for so long.

“Our immigration system welcomes everyone from all over the world,” he says.

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