Investor Immigration Program: Family’s Immigration delayed

The Immigrant Investor Program was a popular immigration program that allowed people to immigrate to Canada as permanent residents if they invested a certain amount of money in Canada and were able to create jobs. One businessman from China, and his family, had spent years making the preparations to come to Canada.

Photo from CBC

Jacob Zhou had the necessary $400,000 to invest, and wanted to bring his auto parts manufacturing business here, was working on securing customers and business opportunities in Canada and his 14-year old son was working hard at learning English.

But like thousands of other people who want to come to Canada, invest and create jobs, his application is on hold and has been for the last three years. No new applications have been accepted by the program since Canada Day, and the program is frozen for now.

While Zhou’s application is somewhere in the big backlog awaiting processing, he has no indication of when that might happen.

While Zhou met the original requirements for the program, he might not meet the new ones once the program is overhauled. Worse, he spends his days worrying that his current application might just be wiped away all together like what happened with the Federal Skilled Worker Program.

More can be found at CBC.

Michael Niren

About Michael Niren

Michael is a graduate of Osgoode Hall Law School in Toronto. He is a member of the Law Society of Upper Canada, the Canadian Bar Association’s Citizenship and Immigration Section and the Associate Member of the American Bar Association. Read more

The content and comments of this blog are not legal advise and and may not be accurate or complete. If you require legal advice, contact a licensed legal practitioner directly. If you post on this blog, you assume full responsibility for disclosing your identity to the public and VisaPlace nor its affiliates are not responsible for protecting your privacy nor your identity concerning your participation in our blog and you assume any risks in participating.

Customer Reviews

Visa place is the best!!! I use Yasmeen to do paperwork work for my mom to come to Canada and she was amazing. Very helpful and always reply to your email promptly. My experience was awesome everything was a success and I will recommend VISA PLACE to anyone who want quick and successful results. Thank to all the team at Visa Place but a special thank you to Yasmeen again.

Donnica Waugh3 weeks ago

Working with the team as VisaPlace and their trusted partners was an incredibly wonderful experience! The team is extremely knowledgeable, responsive and has the partnerships to get the job done in an efficient and timely manner. Will definitely call them again should I have more visa requirements, issues or questions!!

P Eyre3 weeks ago

Spectacular experience. Completely smooth process, they were able to answer any of my questions any time and I had peace of mind throughout the application time, which was invaluable. I have recommended them to other friends looking for assistance with their applications, and will continue to do so. Worth every penny.

Faith Cheonga month ago