Canada may have softened its immigration policies as a measure to attract foreign investors and wealthy individuals seeking permanent residency status. In a release made available to Daily Sun, Jag Farmaha, a certified Canadian immigration consultant says the move followed a decision by the Canadian authorities to attract investment from wealthy individuals and grant permanent residency status to foreign individuals. Canada has been ranked by the United Nations as the best country to live in… for seven consecutive years. Business immigrants represent 10 % of all immigrants who move to the country. “Canada welcomes successful Business people seeking Canadian Permanent Immigration,” says Farmaha, adding: “After landing and residing for three years in Canada, you can apply for Canadian citizenship and Canadian passport.” Under the scheme, eligibility under the Investor Category requires an applicant to have accumulated worldwide net-worth exceeding C$800,000; at least three years of active management experience and ability to make investment of C$400,000 for five years with the government of Canada. Also, Farmaha highlighted what successful applicant would benefit from Canadian citizenship. “Canada offers free education for children up to grade 12 as well as free healthcare services. Canada is known for its multiculturalism, it has limitless potentials for employment and business development, amongst the highest standards of living in the world and safe environment. “It is a great place to do business, besides its vast resources, it is the largest trading partner with the United States. A Canadian passport holder does not require a Visa to travel to most of the European countries and USA,” he said. The release advised prospective applicants to visit www.canreach.com for details on this program as well as investor's loan option.
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