FAQs
of Investment and Immigration to Canada.
When to be a Canadian?
When you obtain the immigration visa, from entering Canada, you become Canada's
permanent inhabitant. You and your family member, is same with other Canadian
citizens, enjoying Canada's all welfare treatments including the free medical
services, the free education to the high school up to, the inexpensive higher
education expense, the good social welfare fund, child enjoys the subsidy
until 18 years old.
Having the Canadian right of residence to be possible to come in and go
out freely Canada, and also may easy obtain other countries, like American,
Europe's long-term visa.
How is Chinese people in Canada?
Chinese people immigrated to Canada over one hundred years ago. Mandarin
is the third language following Canadian official language-English and French.
Chinese people have made great progress in different lines because they
are industrious and pay much attention on education.
If only I apply for emigrating, can my family go with me?
Yes. Your spouse, your child who under the age of 22 or over 22 but is studying
full time can go together with you.
Must we live in Canada after immigration Canada?
No. Although the Canada government requires immigrations should live in
Canada at least 730 days in 5 years, CITCC will provide a well-rounded
service for special immigration requires—after immigrating to Canada,the
applicant you can run your own business in the original country.
Must We in the Only City That We Immigration?
No. The applicant can choose Canadian cities to settle .
The immigration requirement will be improves?
It is possible that the Canada government will improve the immigration
requirements—the applicant assets should reach at least CAD$1,000,000.00.But
so far there is not specific laws.
What are the investment requirements?
Applicant with assets over CAD$800,000.00 and more than 2 years business
running and management experiences can
1) make an investment of CAD$400,000.00 Citizenship and Immigration Canada
(CIC) will return your CAD$400,000 investment ,without interest ,after
five years.
2) Make an investment of CAD$120,000.00 and make a loan of CAD$280,000.00
from business bank or company .But the total CAD$400,000.00 will return
to the business bank or company as the loan and the interests
So far, most immigrants from Mainland China, Hong Kong, Macao and Taiwan
prefer to this program.
Is the investment safe?
Yes. The investment capitals are guaranteed under the control of the Canada
Government
Is there any requirement on the education backgrounds of the applicant?
No. The CIC is focused on the applicant’s assets ,sources and business
management experiences.
How long will the application procedure take?
The immigration application procedure will takes around 12-16 mouths.
Generally, CITCC will get the application result in 6-8 months.
Will the applicant’s materials open to others?
Absolutely not! All the applicants material are under the CIC control
in secret. CITCC is also responsible for protect the applicants materials
in property and secret.
Is remittance and currency exchange freely in Canada ?
Yes. If the remittance and currency exchange business following the laws
are legal.
Must the applicant cancel his Chinese nationality after immigrating to
Canada?
No. The immigrant can with a double nationalities.
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Immigrant investment guide
There any opportunities for investment:
Small scale manufacture:
Small scale manufacturer will developed fast on advance technology and
equipments .
Import Trade: In Canada, many daily goods are imported from many developing
countries because the labor cost in developing countries is very low.
Many new immigrants take advantage of it to open Canadian market.
Export Trade: The exportation is the leading economy in Canada. Many
new immigrant entrepreneurs take good use of Canadian rich raw material,
advanced industrial products, high quality husbandry and marine products
and their acquaintance market to develop export business in Canada.
Livestock, Husbandry and Marine Products Processing Industries: With
advanced technology, many new immigrant entrepreneurs choose to build
farms, livestock and marine products processing plants. And Canadian government
has many preferential policies to this kind of project, such as price
difference subsidy, approval place with low price, low-interest loan and
so on. Now some Chinese immigrants even purchase Canadian farms in order
to establish business.
Environmental Protection&. Science Industry: Canada has the best
advanced environmental protection technology and equipment. Many new immigrant
entrepreneurs settle on this profession to develop Chinese, Hong Kong,
Macao, Taiwan's market. They sell these advanced equipment to their mother
country after mastering the advanced technology. Such lines as information,
medicine(equipment) from Canada attract many new immigrant entrepreneurs
to invest and open business.
Why choose CITCC?
CITCC cooperates with reliable immigrate service firm in order to make
sure that the members and non-members succeed in immigration. If problems
happen, CITCC will solve them coordinately, not only for maintaining applicant’s
benefit, but also for maintaining immigration service company’s benefit.
Can the consultant service expense be returned if fail to apply?
Yes. If fail to apply, CITCC will return all to the applicant within 30
days except little paper charge. But the application fee to Canadian government
will not returned.
How much is needed?
Total amounts needed is below RMB1,000,000 yuan including Canadian $120,000
for investment interest, government application fee, consultant expense.
How to prepare for interview
Different immigrate officials give different standards. Some are strict
with applicant’s materials, but some can accept reasonable answers.
As the application of investing immigration, some papers are required.
But the officials will pay much attention to recheck the following questions:
The experience of applicant’s business administration
The officials require the applicant must hold enough business administration
experience. When applicants state their opinions about their own business
administration experience, the officials hope that the applicants can
show his unique thought, insight, manage skills and successful experience.
The applicants should show their wise and efficiency according to their
logical, brief answers. The applicants should make enough preparation
before interview and practice repeatedly.
During interview, the officials may further question some interesting
things, the applicants should make preparation to give proper answers.
Such as how to manage his company and so on.
The Amount and constructer of applicant’s asset
Applicant should be clear for his asset because we find that many applicants
don’t make clear their own asset but are busy with their business. Which
makes emigrate officials doubt whether they can take advantage of their
asset or not. Please pay attention to the followings:
1. Clear property amount such as bank current deposit, deposit account
number, real estate purchase price of each place and other main investment.
2. Company’s property information: as a share or administrator, the applicant
must know well the main data in company financial report list.
The Balance Sheet includes current asset and fixed asset, short-term debt
and long-time lending money, owner’s equity, primitive fund and undistributed
profit.
In the Income Statement, the applicant must be familiar with such data
as sales volume, cost structure, profit and tax payment.
The applicant not only know the amount but also is able to explain its
reasonability. Besides, the applicant must show his ability on financial
administration and explain the increasing data in the report list.
Applicant’s income records
The applicant must take notes clearly about his revenue since he started
to work. And the records should be accordance with those in the materials
he hands. He must be able to explain his often income in details.
It is the most effective preparation for applicant to list his annual
incomes such as salary, investment, bonus and so on. Its total sum must
be more than present gross asset adding normal expense total amount.
The above three questions connect with one another. The applicant had
better answer model questions to make the answers same when preparing
for interview. –Adopted from Global Chinese Press
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