Immigrant Millionaires Of Canada

In a recent online survey was conducted between March 28 and April 11 with a random sample of 305 Canadian adults conducted for BMO Harris Private Banking several interesting and encouraging facts came to light regarding economic status of Immigrants in Canada.

These findings are as follows

• 48% of Canada’s rich with investable assets of million dollars or more are immigrants or has close immigrants links.
• 24% are first Generation Immigrants.
• 24% has at least has one parent who is born outside Canada and an immigrant.
• British Columbia has the highest percentage of high-net-worth citizens whose investable assets of $1 million or more
• 67% of these millionaire Immigrants are self made.

These facts clearly indicate the fact that economic mobility for Immigrants is a reality in Canada. They establish a strong entrepreneurial environment. They also confirm that a culture of drive and determination Canadians self-made success is encouraged and rewarded.

Since 1897, when the first Indians arrived in Canada, Immigration of Indians from India to Canada had increased several folds. Today there are over a million immigrants of Indian origin and most of them settled successfully. 3.08% of the Canadian population is of Indian Origin.

64% of all Canadians of East Indian origin aged 15 and over were employed, compared with 62% of adults in the overall Canadian population.

Most of the Indians are now engaged in almost all sectors of the economy. Be it IT, Manufacturing, Oil & Gas, Mining, Transport, Health etc.

Between 2006 and 2011, Indian share in Canadian Immigration was 10.4%. This means a total of 121400 Indian Immigrants were welcomed in Canada under all Economic categories of Canadian Immigration.

In 2012, a total of 32000 Permanent Residency visas were issued to Indian Nationals under different Permanent Residency programs like Federal Skilled Workers Program, Federal Skilled Trades Program, Quebec SkilledWorkers Program, Provincial Nomination Programs, Canada Experience Class etc.,

It is expected that a similar number of visas would be issued for the year 2013. As on 14th February 2013 about 16500 visas were issued by Regional Program Center (RPC) in India.

Canada now is welcoming Skilled Professionals across all streams to settle to grow and to contribute to its growth. It is throwing its doors wide open to Skilled and qualified professions under different Immigration Programs like Federal Skilled Workers Program, Federal Skilled Trades Program, Quebec Skilled Workers Program, Provincial Nomination Programs, Canada Experience Class etc., for Permanent Residency.

Canada is also welcoming dynamic Investors, entrepreneurs and self-employed persons under programs like Start Up Visa, Self-Employed Persons Program and different Investor programs.

This is the appropriate time for all those professions who are looking west words for a better, brighter future.

Canada seems to be the most suitable destination for immigrants since the Canadian Government is making a concerted effort woo immigrants.

Source:http://blog.canadatips.com/immigrant-millioners-of-canada/

Canada International Migration Outlook Report – 2013

International Migration Outlook Report for 2013 released recently by The Organisation for Economic Cooperation and Development (OECD)augers well for the immigrants who are looking towards Canada for immigration  for permanent settlement. The figures presented in the report pertain to the year 2011.

Of all the countries, India occupies third place as an origin country with 10% under the economic stream, the first 2 being Philippines with 14% and China with 12%.

Much of the population growth in Canada in recent years is due to the immigrants. Out of every 1000 people in Canada the immigrants comprise 7.5. The total share of foreign born in Canada is 20%.

According to this report the annual immigration flow to Canada is one of the highest among 34 OECD members.

Canada admitted 249 000 Permanent Residents during in 2011 and of these 62.8% were admitted under Economic Migration stream. 25.5% of the visas which were issued Permanent Resident Visas were under work category. The different Permanent Residency programs are Federal Skilled Workers Program, Canada Quebec Skilled Workers Program and Provincial Nominations.

Canada issued 191000 Temporary Works Permits, 77400 Student Visas  and 64400 people became new Citizens in 2011.

Keeping in view of its need for Productive Population Canada is fine tuning its immigration Policies.

It has reformed Canada Federal Skilled Workers Program, introduced a New Federal Skilled Trades Program and Start Up Visa for Entrepreneurs and expanded its Canadian Experience Class Program.

It is also proposing to launch Expression of Interest next year, which would facilitate immediate employment to Immigrants.

In view of all these Developments, it is time for Aspirants who wish to migrate to Canada for Greener pastures.

You may contact any of our branches spread across India.

Source:http://blog.canadatips.com/canada-international-migration-outlook-report-2013/

Canada Quebec Skilled Worker Visa- Check Points Calculator

People, who are educated and have skills that are in demand, can get into an environment quickly and easily. These people will have the capability to make economic involvement to Quebec and can apply for Canada Permanent Residency through the Quebec Skilled Workers Program.

The Quebec immigration points calculator is a form that analyses the points based on the skills projected on the form. The latest policy shows that the minimum score is 63.

Similar to the Federal Skilled Worker Visa, Canada Quebec Skilled Worker program is alternate point based immigration path for Canada Immigration. This path is intended as Canada permanent visa for immigration to Canada.

The Quebec skilled worker visa for Canada offers open access to domestic job market without any requirement for a work permit to Canada, or an employer sponsor, or specific job offer. The applicant should be enough skilled in any of these languages, either English or French. The applicant should also prove that he/she can support themselves and their family who are immigrating to Quebec.

Eligibility (Calculate your points):

1. Un-married, single applicant should score at least 57 points
2. A Married couple or those with conjugal partner or common-law partner should at least 63 points
3. Additional of 6 points can be given after conducting an interview upon Adaptability

Selection Factors:

The factors are listed below. The candidate should fulfill all the below requirements to become eligible for Quebec Immigration under Skilled Worker Visa.

1. Training / Education
2. Language Proficiency
3. Experience
4. Age
5. Spouse Characteristics
6. Prior Employment Offer
7. Adaptability
8. Children
9. Financial Self-Sufficiency
10. Family in Quebec

Why only Quebec?

• When compared to Federal Skilled Worker Program, Canada Quebec Skilled Worker Program processing is faster
• There are two selection systems, one is single applicants and other one is for couples
• The nations ageing population and the scarcity of young workers is causing a major shortage of employees and this is why immigrants are being allowed for the growth of the labour force within a decade, the statistics Canada suggested
• In 2002, Quebec has accepted almost 21,600 applications for Skilled Workers and surround 3,000 application for Business
• By 2021, Canada will have just two working Canadians for one retiree, when compared with the present ratio 6 to 1

Hence, by considering the above factors migrate to Quebec as a skilled worker under Quebec Skilled Worker Program is the best option for immigration. Also Quebec Immigration is offering wide range of opportunities for skilled workers and is welcoming immigrants happily. To know more details contact any MARA authorized consultants who can assess you better regarding immigration and visas. These experts will have updated information can provide you better information on immigration. 

Source:http://www.articlesbase.com/immigration-articles/canada-quebec-skilled-worker-visa-6660132.html

Federal Skilled Worker Evaluation for 2013

Canadian Citizenship and Immigration Minister announced final details about Federal Skilled Worker Program; the applications are getting accepted from May 4, 2013. The Federal Skilled Worker Evaluation is to know whether the applicant is eligible for the program. The evaluation ensures the eligibility of the person to immigrate to Canada.

What exactly is FSWP?

FSWP is the Canada most prominent program for skilled immigration to Canada. Skilled workers can enter the nation after undergoing a long procedure. The program has lots of requirements and the candidate should meet the requirements. It is difficult to meet the requirements, hence always get to know the things before you get started with the process.

Eligibility under FSWP

To consider the application for FSWP the eligible candidates should meet one the following criteria:

• Should have at least one year of experience continuously, either full-time or equivalent paid work experience in the past year and in any of the 24 eligible occupations and should obtain minimum 67 points on Canada’s Citizenship and Immigration (CIC) selection factors (or)
• Should get qualified for Arranged Employment with the Opinion of Labour Market and a full-time job offer that is permanent from a Canadian employer (or)
• Should have finished a PhD in Canada, or at least have finished two year study in Canada in PhD. In both cases in a recognized university

All the candidates who are applying under the Federal Skilled Worker Program are also needed to undergo language testing to demonstrate their skills in English and French. They should have their foreign educational credentials evaluated for equivalency against Canadian standards.

Age: 12 points Maximum

The points are classified under age criteria as mentioned below

• 11 points for 36 years
• 10 points for 37 years
• 9 points for 38 years
• 8 points for 36 years

The process ends at zero and the age will be 47 at zero points.

Language: 28 points Maximum

• Out of 28 points, 24 points for English language skills and 4 for French
• Listening 8.0, Speaking 7.0, Reading 7.0, Writing 7.0

Employment Experience: 15 points Maximum

• 6 years, points 15
•  4-5 years, points 13
•  2-3 years, points 11
• 1 year, points 9

Arranged Employment: 10 points Maximum 10

Qualifications: 25 points Maximum

Adaptability: 10 points Maximum.

Any one of the below mentioned statements is possible

Canada educated can get 5 points

If the employer is employed in Canada 10 points maximum are allowed

If educated and employed 10 points

Source:http://www.amazines.com/article_detail.cfm/5800306?articleid=5800306