Quebec Investor Program Will Reopen on May 29, 2017

Quebec Investor Program Will Reopen on May 29, 2017

Quebec Investor Program Will Reopen on May 29, 2017

Quebec Investor Program Will Reopen on May 29, 2017

The Quebec Immigration Investor Program (QIIP), a Canadian immigration program that allows international investors to obtain Canadian permanent residence by investing CAD $800,000 risk-free, will reopen in less than two months.

The QIIP is Canada’s only passive investor immigration program, and is one of the most popular investor immigration programs globally, offering a number of advantages over investor immigration programs in other jurisdictions.

For example, there is no probationary or conditional stage, and a successful application leads to a Canadian permanent resident visa. This marks the Quebec Immigrant Investor Program as quite different to the EB-5 program in the United States, where applicants must prove that they created 10 jobs or more within two years. The Quebec Investor Program has no such provision.

Second, the investment of CAD $800,000 is submitted through an approved financial intermediary. This investment can be paid by the applicant or arranged through a financial intermediary financing option. The investment is guaranteed by a government of Quebec entity and returned in full after five years.

Third, immediate members of the candidate’s family (spouse or common-law partner and dependent children under the age of 19) may be included in the application, and these family members also obtain Canadian permanent residence. Successful applicants and their families may enjoy the benefits of permanent resident status, including universal health care, free public education, and access to world-class universities.

Finally, the Quebec Investor Program is a route not just to Canadian permanent resident status, but also to Canadian citizenship and the right to a Canadian passport. Currently, Canada’s citizenship naturalization criteria require only four years of residency in Canada within six years, and the current federal government aims to reduce this requirement to three years of residency out of five.

Requirements

Minimum net worth

Applicants must have acquired a minimum of CAD $1.6 million in net worth by legitimate means, alone or with a spouse or partner. Assets such as property, bank accounts, pension funds, stocks, and shares may be included.

Investment

Applicants must intend to settle in Quebec and sign an investment agreement agreeing to invest CAD $800,000 with an approved financial intermediary. Applicants must sign an investment agreement with one of the financial intermediaries — a broker or trust company — authorized to participate in the program. The investment can be financed by a financial intermediary.

Management experience

Applicants must have acquired a minimum of two years’ management experience in the past five years. The experience is not limited to commercial activities, but can also be an international agency, department or government agency.

Preparation is key

The upcoming intake period for applications runs from May 29, 2017 to February 23, 2018, and up to 1,900 applications may be accepted for processing. Of these, a maximum of 1,330 applications may be accepted from foreign nationals of the People’s Republic of China, including the administrative regions of Hong Kong and Macao.

Based on previous application cycles, it seems likely that the QIIP intake cap may be reached before the scheduled end date.

Candidates with an “advanced intermediate” level in French are not subject to the intake cap, and may submit an application at any time. Moreover, their applications are given priority processing.

“For French-speaking and non-French-speaking investors alike, the announcement that Canada’s only passive investor immigration program is reopening is sure to come as exciting news,” says Attorney David Cohen.

“It is a truly unique program, in which investors may take a less hands-on approach to business than is the case in other programs in other countries. I would advise potential applicants to take initial steps — such as proving net worth and working with an eligible financial intermediary on the application — as early as possible, to ensure the greatest chance of success through this program.”

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Job Consultants acknowledge your interests to find the Right Job for you

Job Consultants acknowledge your interests to find the Right Job for you

Job Consultants acknowledge your interests to find the Right Job for you

Job Consultants acknowledge your interests to find the Right Job for you

Acquiring an international job or stepping into a notch university is solely an aspiration these days. This is also a concern among the families of the students who are in pursuit of careers overseas so that they get to experience a Global exposure and at the same time be independent enough to handle their lives all by themselves. Another prominent reason why it’s a populous option to venture abroad also owes to the fact of high leveled competitions in the job market.

Overseas Consultants are responsible for attracting candidates and ensure that they meet the requirements of the clients may it be a temporary or full-time basis. The consultants besides bridging the gaps also work to understand how a mutual relationship should be maintained and owing to the client need exclusively.

International Job Consultants extremely rely on the success of processing an applicant. This embarks the consultant to be recognized as a market leader. Candidates are initially screened and interviewed the next level after the preliminary initiations would be a thorough background verification all these are done to meet the client needs. Basically, the consultants attract candidates by drafting different advertising modes making apt use of the latest range of media, social networking and also through referrals.

A part of the dynamic multinational recruitment is the International recruitment consultants. Key roles portrayed by them are identifying the suitable candidature, recruiting followed by management of professionals from the mid to the senior levels of all small and large regionally established clients.

A primary significant option for both the employers and the job seekers are none other than the Placement Consultants. It makes the job done by the employers with much ease. The benefits derived from the placement consultants are commendable. This enables the employers to focus on other core activities relating to their businesses. The consultants keep themselves in sync with the moving changes in the job market as well.

The tasks that a consultant performs: –

A reliable bridge between an employer and a job seeker. The consultant makes an analysis of the resume and then markets the profile as per the qualifications and experience. A consultant is also aware as to what sort of approach is a dissatisfaction to the clients. This kind of consultant approach educates the applicant to be aware of the Job market needs may it be local or international placements. Consultancies are known of the facts about company expansions and downsizing.

The employers who have the need for hiring have a direct tie with the placement consultants. The key reason is employers follow a strategy of not revealing job requirements to the public completely. Instead, the placement consultancies meet the provision of finding the eligible candidature which will be an add benefit vice versa to the Job consultant and the Employer.

There are patterns and other standard operating procedures to hire employees. The placement consultants do take the initiative to help the candidates make it through the interview. Help can be in form of making the candidate aware of the questions and how effectively to respond and the time factor is also induced to make the challenging interviews successful.

The burden of the candidate is eased to search for a suitable job. Through the scores of portals, there are situations where the applicant might lose patience because of the lengthy search options. But if there is anyone who empathizes with them who does the job instead of all the tedious search routines are the placement consultants who deserve all the gratitude and thanks.

Patience will certainly play a prominent role because not every stride that a candidate takes will turn out to be favorable instantaneously. There is a time that is applied for every processing. Initially, because the resume has to be sorted and then marketed finally would end in scheduling an interview with the employer.

Above all employers do not give feedback to the candidates to those who do not make it through. The placement consultants are informed about the flaws and corrections which the candidate ought to work on. This will enable for a better performance in future endeavors. The results may be irrespective of the interview performance of the candidate but the support extended by a  job consultants is commendable.

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Express Entry Invitation to apply for 3749 candidates Immigrate to Canada

March 24 Express Entry draw offers Invitation to apply for 3,749 candidates to immigrate to Canada

March 24 Express entry draw offers Invitation to apply for 3,749 candidates to immigrate to Canada

March 24 Explicit entry draw offers Invitation to apply for 3,749 candidates to immigrate to Canada

The Express entry draw held on March 24 has offered invitations to apply to 3, 749 candidates in the express entry pool who had secured 441 points or more in the Comprehensive Ranking System.

This was the second draw held for the month of March 2017. Though there was a gap between the two draws held in this month, it is a positive thing that would have been noticed by those who received the ITAs and other applicants in the pool that every month a minimum of two draws are being held by the Immigration, Refugees, and Citizenship Canada.

The trends in the Express entry draws for the last few months reveals that increased numbers of applicants are being invited to apply when compared to the previous years. In 2016 by the month of March totally 9, 465 applicants were issued the ITAs while by this year March almost 24, 653 applicants have been offered the ITAs which is a huge increase of 160%, quotes CIC News.

This along with betterment of the Express entry scheme at the end of 2016 has resulted in the decrease in the requirement of qualifying CRS points.

While the CRS threshold for the draw held on March 24 was seven points higher when compared to the draw held on March 1, 441 points as CRS threshold is still lesser when compared to all the draws that were held in 2016.

The marginal increase in CRS point’s threshold can be partially attributed to the comparatively longer gap between the two consecutive draws held in March this year. This would have permitted a number of candidates to enter the draw while compared normally and also allowed more applicants to increase their CRS points in the meanwhile.

Candidates who have been offered the ITAs will now be able to submit the application for permanent residency in Canada to the Immigration, Refugees, and Citizenship Canada. The principal applicant is also permitted to be accompanied by family members that include spouse, dependent children, or common-law partner.

The 441 points CRS threshold implies that an applicant who is a graduate and does not have extra points for provincial nomination, no Canadian work experience, no job offer in Canada and no previous study in Canada can secure the ITA provided that the applicant has secured the required proficiency levels for one of the official languages of Canada i.e. French or English.

Attorney David Cohn has said that this eagerly anticipated Express entry draw will be welcomed by both those who are remaining in the pool and those who have received the ITAs. The former group of applicants is advised to keep themselves updated regarding all the nomination programs of the Canadian provinces, said Cohen. They are also advised to make efforts to enhance their points to increase their CRS total

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