Citizenship-by-investment programs evoke strong criticism all
over the world, offering residence in lieu of investment.
They are popular among developed nations and they are always in
demand amongst wealthy investment immigrants.
While very few countries in the Caribbean region and Europe
offer citizenship in lieu of investment, around half the
constituents of the European Union offer long-term residence visas
to wealthy individuals complying with minimum investment
requirements. The UK introduced its Tier 1 Investor Visa in 1994.
Greece, Portugal, and Spain joined the club and began offering
residence to investors between 2012 and 2013. The USA was an early
entrant with its EB-5 program in force since 1990. Canada
launched its program in 1986 however has recently retreated from
the industry with a limited investor immigration program.
However, such long-term residence permits come with a steep
price. France requires investment immigrants to invest $12.7 in
businesses in the country, which is the highest in the world.
Britain is next requiring investment of Ł2 million in bonds,
followed by Singapore, Netherlands, Australia, and Hong
Kong—all requiring investments in businesses operating in the
Portugal and Spain require property investments while the
USA's EB-5 program requires investments in commercial
enterprises in the country. Cyprus is the comparatively inexpensive
program with only crisis-hit Greece offering residence at a lower
Despite the high investment requirements, applications for such
residence permits have been surging primarily due to demand from
millionaires from China. Eight out of every ten Golden Visas issued
by Portugal have been granted to Chinese applicants.
In 2014, nine out of every ten EB-5 visas were awarded to
applicants from China. In 2004, Chinese applicants constituted just
20% of all successful applicants. For the past two years, EB-5
applicants from China have exceeded the total number of visas
available under the program.
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October 12th, 2016 - Immigration authorities conducted the 21st round of invitations under Express Entry in 2016 and 44th overall, inviting 1518 applicants for permanent residence with a lowest CRS score of 484.
October 19th, 2016 - Immigration authorities conducted the 22nd round of invitations under Express Entry in 2016 and 45th overall, inviting 1804 applicants for permanent residence, the largest number ever. The lowest CRS score was 475, a decline from the previous draw.
September 21st, 2016 - Immigration authorities conducted the 20th round of invitations under Express Entry in 2016 and 43rd overall, inviting 1288 applicants for permanent residence with a lowest CRS score of 483.
A unique feature of the new Canada express entry immigration system is that candidates can improve their comprehensive ranking score while in the express entry pool, without submitting a new application. We review important strategies.
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