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The Canadian Immigrant Investor Program was an initiative of the federal government of Canada lasting from 1986 to 2014 that promoted immigration from people investing in Canada. Under the program, successful applicants and their families received permanent and unconditional Canadian residential visas and were then eligible to obtain Canadian citizenship.
The Canadian Immigrant Investor Program was one of the most popular [1] immigration investor programs (IIP) in the world, but its requirements were not changed since its inception and it had become one of the least expensive ones. [2] As of June 26, 2010, the qualification requirements were doubled and the program was briefly suspended while the new changes came into effect. The new updated program was reopened on December 1, 2010. [3]
At the time of termination, qualified investors needed to have at least two years of business management experience; have a minimum net worth of CAD$1,600,000 (legally obtained); alone or with their accompanying spouse, make an investment of CAD$800,000; and meet certain health and security requirements. [4] The closest alternative to the Canadian Immigrant Investor Program would now be immigrating through the Owner-Operator Labour Market Impact Assessment (LMIA) pathway, which is a 2 staged process. [5]
With the passing of Economic Action Plan 2014 Act (Bill C-31) on June 19, 2014, the program was terminated and undecided applications were cancelled. [6]
A green card, known officially as a permanent resident card, is an identity document which shows that a person has permanent residency in the United States. Green card holders are formally known as lawful permanent residents (LPRs). As of 2019, there are an estimated 13.9 million green card holders, of whom 9.1 million are eligible to become United States citizens. Approximately 18,700 of them serve in the U.S. Armed Forces.
The H-1B is a visa in the United States under the Immigration and Nationality Act, section 101(a)(15)(H), that allows U.S. employers to employ foreign workers in specialty occupations. A specialty occupation requires the application of specialized knowledge and a bachelor's degree or the equivalent of work experience. The duration of stay is three years, extendable to six years, after which the visa holder can reapply. Laws limit the number of H-1B visas that are issued each year. There exist congressionally mandated caps limiting the number of H-1B visas that can be issued each fiscal year, which is 65,000 visas, and an additional 20,000 set aside for those graduating with master’s degrees or higher from a U.S. college or university. An employer must sponsor individuals for the visa. USCIS estimates there are 583,420 foreign nationals on H-1B visas as of September 30, 2019. The number of issued H-1B visas have quadrupled since the first year these visas were issued in 1991. There were 206,002 initial and continuing H-1B visas issued in 2022.
Immigration, Refugees and Citizenship Canada is the department of the Government of Canada with responsibility for matters dealing with immigration to Canada, refugees, and Canadian citizenship. The department was established in 1994 following a reorganization.
TN status is a special non-immigrant classification of foreign nationals in the United States, which offers expedited work authorization to a citizen of Canada or a national of Mexico. It was created as a result of provisions of the North American Free Trade Agreement that mandated simplified entry and employment permission for certain professionals from each of the three NAFTA member states in the other member states. The provisions of NAFTA relevant to TN status were then carried over almost verbatim to the United States–Mexico–Canada Agreement that replaced NAFTA in 2020.
The Development, Relief, and Education for Alien Minors Act, known as the DREAM Act, is a United States legislative proposal to grant temporary conditional residency, with the right to work, to illegal immigrants who entered the United States as minors—and, if they later satisfy further qualifications, they would attain permanent residency.
Immigration law includes the national statutes, regulations, and legal precedents governing immigration into and deportation from a country. Strictly speaking, it is distinct from other matters such as naturalization and citizenship, although they are sometimes conflated. Countries frequently maintain laws that regulate both the rights of entry and exit as well as internal rights, such as the duration of stay, freedom of movement, and the right to participate in commerce or government.
According to the 2021 Canadian census, immigrants in Canada number 8.3 million persons and make up approximately 23 percent of Canada's total population. This represents the eighth-largest immigrant population in the world, while the proportion represents one of the highest ratios for industrialized Western countries.
Canadian immigration and refugee law concerns the area of law related to the admission of foreign nationals into Canada, their rights and responsibilities once admitted, and the conditions of their removal. The primary law on these matters is in the Immigration and Refugee Protection Act, whose goals include economic growth, family reunification, and compliance with humanitarian treaties.
Visitors to the United States must obtain a visa from one of the U.S. diplomatic missions unless they come from one of the visa-exempt or Visa Waiver Program countries. The same rules apply for travel to all U.S. states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands, as well as to Guam and the Northern Mariana Islands with additional waivers, while similar but separate rules apply to American Samoa.
The Western Hemisphere Travel Initiative (WHTI) is the implementation of the requirement to show a passport or other acceptable document to enter the United States, for nationals of certain North American jurisdictions who were previously exempt from it when traveling within the Americas. The requirement was mandated by the Intelligence Reform and Terrorism Prevention Act, enacted in 2004 in response to the terrorist attacks of September 11, 2001, and implemented in phases between 2007 and 2009. According to the U.S. Department of Homeland Security, the purpose is to strengthen border security and facilitate entry into the United States for both U.S. citizens and foreign visitors.
An H-4 visa is a United States visa issued to dependent family members of H-1B, H-1B1, H-2A, H-2B, and H-3 visa holders to allow them to travel to the United States to accompany or reunite with the principal visa holder. A dependent family member is a spouse or unmarried child under the age of 21. If a dependent of an H-1B, H-1B1, H-2A, H-2B, or H-3 worker is already in the United States, they can apply for H-4 immigration status by filing Form I-539 for change of status with United States Citizenship and Immigration Services (USCIS).
The United States EB-5 visa, employment-based fifth preference category or EB-5 Immigrant Investor Visa Program, created in 1990 by the Immigration Act of 1990, provides a method for eligible immigrant investors to become lawful permanent residents—informally known as "green card" holders—by investing substantial capital to finance a U.S. business which will create at least 10 new, full-time jobs for Americans and work-authorized immigrants. The EB-5 program is intended to encourage both "foreign investments and economic growth." The EB-5 Immigrant Investor Visa Program is one of five employment-based (EB) preference programs in the United States.
The visa policy of Canada requires that any foreign national wishing to enter Canada must obtain a temporary resident visa from one of the Canadian diplomatic missions unless they hold a passport issued by one of the 54 eligible visa exempt countries and territories or proof of permanent residence in the United States.
The visa policy of the Philippines is governed by Commonwealth Act No. 613, also known as the Philippine Immigration Act, and by subsequent legislation amending it. The Act is jointly enforced by the Department of Foreign Affairs (DFA) and the Bureau of Immigration (BI). Visitors from 157 countries are permitted visa-free entry for periods ranging from 14 to 59 days.
Immigrant investor programs are programs that allow individuals to more quickly obtain residence or citizenship of a country in return for making qualifying investments.
Economic citizenship can be used to represent both the economic contributions requisite to become a citizen as well as the role in which one's economic standing can influence his or her rights as a citizen. The relationship between economic participation and citizenship can be considered a contributing factor to increasing inequalities and unequal representation of different socioeconomic classes within a country.
The Provincial Nominee Program (PNP) is a set of Canadian immigration programs operated by the Government of Canada in partnership with individual provinces, each of which having its own requirements and 'streams'. In a program stream, provinces and territories may, for example, target: business people, students, skilled workers, or semi-skilled workers.
The Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 was a proposed immigration reform bill introduced by Sen. Charles Schumer (D-NY) in the United States Senate. The bill was co-sponsored by the other seven members of the "Gang of Eight", a bipartisan group of U.S. Senators who wrote and negotiated the bill. It was introduced in the Senate on April 16, 2013, during the 113th United States Congress.
A Labour Market Impact Assessment is a document that an employer in Canada is required to receive prior to hiring a foreign worker.
The U.S. Citizenship Act of 2021 was a legislative bill that was proposed by President Joe Biden on his first day in office. It was formally introduced in the House by Representative Linda Sánchez. It died with the ending of the 117th Congress.