The rules for those applying for Canadian residency through the Investor category are set to get tighter.
The proposed changes will require new investors to have a personal net worth of CDN$1.6M, up from CDN$800,000, and make an investment of CDN$800,000, up from CDN$400,000.
Until the new rules are implemented, Canada will stop accepting new applications in this category.
This is of course a significant change and the lack of any advance warning makes it difficult for applicants to plan accordingly.
www.commonwealthimmigration.com
www.teaching-australia.com
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