immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Immigrant Investors and Nominee Program

nominee program: Starting today, applicants to the province immigrant nominee program will have to have have a minimum net worth of $500,000, compared to $300,000 previously. , according to CBC. Immigrant farmers and entrepreneurs who previously got into Saskatchewan on a first-come, first-serve basis, must now go through a two-stage application process. The province has redesigned its program for fast-tracking immigrant investors adding a new way to screen applicants and requiring successful candidates to have more money. A $75,000 "good faith" deposit is no more, but candidates must be prepared to invest a minimum of $300,000 in Regina or Saskatoon, or $200,000 outside those cities. (www.immigrantscanada.com). As reported in the news.