Permanent Residency | Skilled Worker | Business Immigration
Express Entry is Canada’s immigration application management system for Economic Skilled Immigration Programs. It is also one of the fastest ways to apply for Canadian Permanent Residence. Candidates for Express Entry are awarded up to 1200 points under a ranking system in order to identify those candidates who are most likely to succeed in Canada. The highest ranked candidates in the Express Entry pool will receive an “Invitation to Apply (ITA)”. Successful candidates will have 60 days to complete an application for Permanent Residence in Canada after receiving ITA.
Economic Immigration Programs available for Canadian Residency are categorized in the following manner:
1. Federal Skilled Worker Program (FSW)
2. Federal Skilled Trades Program (FST)
3. Canadian Experience Class Programs (CEC)
4. Business Immigration Programs (24 Programs)
5. Provincial Nomination Programs (46 Programs)
6. Self Employed Category for Artists, Singers, Sportsperson etc.
7. Passive investment in Canadian Businesses, Commercial and residential Real Estate.
Skilled Worker Programs (FSW, FST and CEC) -
Canada aims to welcome about 400,000 new immigrants for Permanent Residency every year out of which around 110,000 are invited through Express Entry Program. Details of immigration targets are available on the Canadian government's website https://www.canada.ca/en/immigration-refugees-citizenship/news/notices/supplementary-immigration-levels-2021-2023.html
Business Immigration Programs -
Business Class immigration Programs offered by the Government of Canada seeks to develop new commercial opportunities in Canada, create jobs and to improve Canada's access to growing foreign markets by welcoming foreign nationals with capability to establish themselves in Canada (economically, socially and culturally).
Provincial Nomination Programs -
Provinces and Territories in Canada have autonomy to invite candidates, who can meet their Labour market requirements, through the Provincial Nominee Programs (PNP).
Self Employed Category for Artists | Singers | Sportsperson -
Canada welcomes self-employed individuals in a variety of fields based on their success and the reputation that they have established in their field. These fields range from farming to athletics to the arts. Self-employed experience could make you eligible for one of the Self-Employed Immigration Programs u/s 100(1) of the Immigration and Refugee Protection Regulations (SOR/2002-227).
Passive investment in Canadian Real Estate and Commercial Real Estate -
For the past several years, Canada’s real estate market has become a booming industry exhibiting immense returns. Real estate investment is an ideal way to park your capital to watch your investment grow. It’s also a fantastic way to create an income-generating source. RE/MAX Canada expects average residential prices to rise 4% to 6% in 2021. The industrial real estate market is best positioned to weather the COVID-19-related downturn. In Q2 2020, seven out of ten major markets tracked by CBRE reported positive net absorption figures. Canadian Industrial real estate market's net absorption in Q2 was negative 0.3 million SF with average vacancy rates rising by 20bps, from 2.1% to 2.3%. Despite the slowdown in demand, asking rents continued to improve with average net asking rents per SF increasing by 5.5% year to date.
Please book a consultation with us to explore which Immigration strategy is a good fit for you.