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Rifleman
Premium
join:2004-02-09
p1a

Can you buy your way into Canada?

Sure seems like it:
»ca.news.yahoo.com/chinese-citize···961.html


capdjq
RIP my friend
Premium
join:2000-11-01
Coastie

I think this comes under Investor Immigration. Its been in place for some time now.

»www.vipbusinessimmigration.com/h···business

However, if you are very wealthy in in your own Country why come here unless you are fleeing tyranny or escaping persecution.
Most of the wealthy Chinese Investor Immigrants come here and then return to China to work. Canada is just a convenience. They return on their Chinese Passports so its difficult to tell they are out of the Country, once they obtain Canadian Passports.

I am not singling out Chinese but the Municipality where I reside is 60% Chinese.

I travel to the US on my American Passport.

I have thirty new houses in my development, all sold, at about 2-3 million $ and maybe 1-2 occupied. Not even rented.
--
A woman has the last word in any argument. Anything he says after that is the beginning of a new argument.



I_H8_Spam

join:2004-03-10
St Catharines, ON
Reviews:
·Start Communicat..

reply to Rifleman
»www.uscis.gov/portal/site/uscis/ - US has been doing it for years.

»www.ukba.homeoffice.gov.uk/visas···nvestor/ - UK as well.

»www.immi.gov.au/skilled/general-···heme.htm - Land Down Under too.
--
AFK: Attack, fight, kill!! The healer is telling you to go pull mobs.
WTF: Way to fight! The healer is applauding your tactical genius



EUS
Kill cancer
Premium
join:2002-09-10
canada
Reviews:
·voip.ms

1 edit

reply to Rifleman
You seem surprised.
»www.cic.gc.ca/english/immigrate/···ions.asp
--
~ Project Hope ~



Rifleman
Premium
join:2004-02-09
p1a

reply to Rifleman
I am----never heard of it before. I wonder why Ottawa refused some of them. Where does the average pen in China get 150 grand?


MaynardKrebs
Premium
join:2009-06-17
kudos:4

said by Rifleman:

I am----never heard of it before. I wonder why Ottawa refused some of them. Where does the average pen in China get 150 grand?

Nearly 2 Billion served every day in just about every part of their economy.
That's a LOT of yuan changing hands every day.

Of course in Vietnam there's a lot of dong changing hands every day. You definitely don't want your dong in the wrong hands.


not new

@videotron.ca

reply to Rifleman
This has been going on for some decades. Your placement in Canada is almost guaranteed based on the amount of money you bring with you, or what type of business you open up, or what other investments you will make in Canada.


LondonOntGuy

join:2004-05-12
London, ON
Reviews:
·Execulink Telecom

said by not new :

This has been going on for some decades. Your placement in Canada is almost guaranteed based on the amount of money you bring with you, or what type of business you open up, or what other investments you will make in Canada.

Or if all else fails, just claim refugee status, and leach off the dole and get more money than a senior who's worked his whole life.


Xstar_Lumini

join:2008-12-14
Canada
kudos:2

I knew since 15 years ago but now they lowered it to $150,000? If you bring $250,000 and prove you will invest it in Canada you get landed immigrant status. So that means if I'm a foreigner and buy a house in Canada I would get landed immigrant status right off the bat?



capdjq
RIP my friend
Premium
join:2000-11-01
Coastie

said by Xstar_Lumini:

I knew since 15 years ago but now they lowered it to $150,000? If you bring $250,000 and prove you will invest it in Canada you get landed immigrant status. So that means if I'm a foreigner and buy a house in Canada I would get landed immigrant status right off the bat?

No you have to invest in a Canadian BUSINESS like Movies, Restaraunt etc. There is a List. BTW, according to some Investors I know, there are ways around that, after you get Immigrant status, and if, you invest, you can pretty much kiss the money goodbye. Most of them use the loss to write off the profits of existing lucrative business.
--
A woman has the last word in any argument. Anything he says after that is the beginning of a new argument.



loosedobbs

join:2006-06-13
Toronto

reply to Rifleman

Easy one. Yes.

I know few people who came here on Business Immigration Program.
If you have money you are welcome. No need to know Hinglish/Chinglish. TD loves such customers and have few dedicated CRS with Mandarin/Cantonese speakers.


Xstar_Lumini

join:2008-12-14
Canada
kudos:2

reply to capdjq

said by capdjq:

said by Xstar_Lumini:

I knew since 15 years ago but now they lowered it to $150,000? If you bring $250,000 and prove you will invest it in Canada you get landed immigrant status. So that means if I'm a foreigner and buy a house in Canada I would get landed immigrant status right off the bat?

No you have to invest in a Canadian BUSINESS like Movies, Restaraunt etc. There is a List. BTW, according to some Investors I know, there are ways around that, after you get Immigrant status, and if, you invest, you can pretty much kiss the money goodbye. Most of them use the loss to write off the profits of existing lucrative business.

So? Even for a blue-collar worker it's a good deal, you go work 4 years to Alberta you can make those $250,000 back, it's better than a life of misery in India or Romania.


elwoodblues
Elwood Blues
Premium
join:2006-08-30
HarperLand

reply to Rifleman
2 words

Conrad Black


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