< In 28 years, the green light for 130,000 immigrants, known as “the most popular among the rich”, was recently exposed to the end. Hong Kong media claimed that it was the Chinese rich application for the Canadian side. “It’s difficult to deal with”. Canadian investment immigrants will really be “one size fits all”? Is the Hong Kong media accurate? What kind of new policy will be replaced in the future? For the above questions, Sonya · the head of media affairs of the Canadian Citizenship and Immigration Department, answered the questions in the interview with Beijing Youth Daily. ”
When will the final decision be made? The project will be terminated by legislation
“ cancel the investment immigration plan"; this statement is mentioned by the Canadian government recently launched the “Economic Action Plan (EAP)” The plan shows that the Canadian government wants to end the Federal Investment Immigration Program (IIP) and the Federal Entrepreneurship (EN) immigration program, ending the long-standing backlog of applications and paving the way for a new pilot program to ultimately meet Canada. Labor market and economic needs.
At present, this proposal has not yet been finalized. [Lesage told the Beijing Youth Daily reporter that the Canadian government will pass legislation to end the application for investment immigration. Then, for those who have already submitted the application, the Canadian will refund the application fee. The specific refund rules will be announced in the coming months.
It is reported that the current investment immigration plan is more than 65,000 applicants to be accepted, which exceeds the number of applicants for any other economic immigration plan. Lesage also said that if the project is not cancelled, all 65,000 backlog applications will require the Immigration Department to “digest” for 6 years.
Do you launch a new deal?
Change to focus on entrepreneurial visas
According to the new proposal, cancel the investment immigration plan and the federal entrepreneurship immigration plan and related backlog applications The government will focus on attracting experienced business people and investment funds to create maximum benefits for the Canadian economy.
& ldquo;Canada will replace the cancelled investment immigration project with a more effective pilot project that creates more value,” said Lazarus, “except for already existing federal technology.” In addition to immigration programs, federal technology trading programs, and Canadian experience immigration programs, Canada will focus on the Start-Up Visa program.
This pilot project will pass an observation period. It requires investors to be able to take on the early risks of starting a business, but Canada will return in high-value permanent residence. However, the Canadian side hopes that this is a project that is “less and more refined”. Lesa fever said that specific details about these new plans will be announced in the next few months.
For the rich in China?
Immigration has not contributed to Canada
In response to Canada’s plan to cancel investment immigration, Hong Kong’s South China Morning Post reported People’s general concern, the report said that the application from the rich Chinese “squeeze” the Canadian investment immigration project, and quoted a Canadian document, as of January 8, last year, the Canadian immigration visa backlog submitted by Hong Kong There were 53,500 copies, 99% of which were from mainland China.
Lhasa has not responded directly to reporters asking whether a large number of applications from Chinese citizens have led to the closure of the existing investment immigration program in Canada. However, she responded that “the crush” is not the application itself, but the immigrants did not really contribute to the Canadian society. “In addition to the $800,000 interest-free loan being used by the government to develop the Canadian economy, those who migrated to Canada through investment immigration projects have contributed relatively little to Canada’s economic development.” Lazaria said, “they can Canada’s income is not high and tax payments are rare. & rdquo;
According to data provided by Lazarus, investors have paid less than one-eightth of federal skilled immigrants in the past decade. For a period of 20 years, an investment immigrant has a tax of $200,000 less than a skilled immigrant.
In addition, the latest survey shows that investment immigrants are less likely to stay in Canada in the medium and long term, and usually have the lowest level of language in all immigration categories.
Really no benefit plus economy?
Funding a large number of livelihood projects for the western province
Yesterday, Xinhua News Agency quoted local media reports that the Canadian government decided to end the implementation for many years. The “Federal Investment Immigration” and “Federal Entrepreneur Immigration” projects have cost the relevant provinces considerable economic losses. For example, in British Columbia, Western Canada, it lost more than $400 million in loans.
According to the requirements of the past investment immigration plan, foreigners must have at least 1.6 million Canadian dollars (about 8.8 million yuan) of assets, and provide the Canadian government with an interest-free loan of 800,000 Canadian dollars in 5 years, you can get Canada Permanent residence. Now these investment immigrants have been turned away, and the local interest-free loans have naturally been squandered.
In the past seven years, the British Columbia government has used more than 400 million interest-free loans from investment immigrants to fund a large number of social services projects, such as investing $260 million to improve hospitals and schools. Facilities, as well as expanding infrastructure in the province, have also added 2,500 jobs.
The provincial government also uses loan funds to fund venture entrepreneurship and high-tech projects. Over the past four years, the fund has invested more than $100 million in some of Vancouver’s emerging industry companies through loan funds and financing, including renewable energy, information technology, life sciences and digital media, thereby enhancing the province’s technology. And research and development capabilities, and attract more foreign venture capital into the province’s high-tech industry.
Although the government needs to repay the loan after five years, every year, new immigrants will continue to enrich their money into the loan fund set up by the provincial government, which will enable the government to have sufficient funds to benefit the society. The local media pointed out that the provincial government had expected more interest-free loans in the next few years. Now that the immigration plan has come to an abrupt end, many investment plans of the provincial government have also been affected, and some projects will be forced to terminate or cancel. The economy is bound to have a certain impact.
In addition, some real estate agents are also worried that the number of immigrants in cities such as Vancouver, which are immigrants, will cause local housing prices to fall, and even affect real estate-related industries such as construction and steel. , cement and decoration. Text / reporter reporter Fei Feifei
Responsible Editor: Zhao Yanlong