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Citizenship by Investment - Commomwealth Countries, News

Dominica Economic Citizenship Program

April 26, 2018 nkic

The Government of the Commonwealth of Dominica has created an Economic Citizenship Program to channel capital into its national development (funding schools, hospital renovations, a sports stadium, and other public sector projects). The Economic Citizenship Program allows applicants to become citizens of the Commonwealth of Dominica, without a residency requirement. Once Citizenship is granted, passports may be easily obtained.

Benefits of the Commonwealth of Dominica Citizenship

  • Citizenship is in a British Commonwealth country.
  • Dominica citizenship is for life and not revocable.
  • There is no residency requirement under the Economic Citizenship program.
  • Dominica recognizes dual citizenship, and does not require people to renounce their current citizenship.
  • Dominican passport-holders enjoy visa-free travel to many countries worldwide
  • Off-shore bank accounts, investments, and Dominica-incorporated companies give unique opportunities for business and tax planning.

Please Contact Us for more information.

NKIC Newsletter - April 2018
News

Saint Lucia Citizenship by Investment Program

April 26, 2018 nkic

In 2016, the Government of Saint Lucia created a Citizenship by Investment Program to attract investors of good character.  These investors would make a substantial contribution to Saint Lucia, thereby improving the country’s economy, and creating or continuing employment opportunities for Saint Lucia citizens.

The Citizenship by Investment Program allows applicants to invest in real estate, other projects, or the National Economic Fund, and become citizens of Saint Lucia with no residency requirement.  Citizenship is granted in approximately 4 months, and passports may be quickly obtained thereafter.

Benefits of Saint Lucia Citizenship

  • Fast Government processing.
  • Citizenship is in a British Commonwealth country.
  • Saint Lucia recognizes dual citizenship, and does not require people to renounce their current citizenship.
  • Saint Lucia passport-holders enjoy visa-free travel to many countries worldwide.
  • Having a second citizenship may allow children to avoid military service in their home country.
  • Off-shore bank accounts, investments, and companies give unique opportunities for business and tax planning.
  • No management experience requirement, no education requirement, no interview, and no language requirement.

Please Contact Us for more information.

NKIC Newsletter - April 2018
News, Prince Edward Island PNP, Provincial Nominee Programs

PEI Provincial Nominee Program

April 26, 2018 nkic

The EOI process for Business Nominees

  • Confederation will submit a preliminary Expression of Interest (“EOI”) profile for your client.
  • The EOI profile is valid for 6 months, and may be re-submitted after 6 months.  It may also be updated while in the queue, to increase its score.
  • The EOI profile must identify the industry sector in which the applicant will invest.
  • The PEI Government will select applicants based on points, or to target certain markets, industry sectors, or diversity.
  • Additional points will be awarded to applicants who have visited PEI previously, or have children attending school in PEI.
  • To encourage applicants to visit PEI prior to EOI submission, the PEI Government will issue invitation letters to assist them in obtaining TRVs.
  • To score community endorsement points, the applicant must have secured a letter from that community, prior to submitting an EOI.  The future business plan must be based in this community.
  • The business plan will be prepared prior to the exploratory visit, to be presented by the applicant during the interview.

Applicant Qualifications

  • Intend to settle in PEI, and to manage, invest in, or own a business in PEI
  • Minimum 3 years, out of the last 5 years, of business management and/or ownership experience:
    • business ownership:  minimum 20% ownership (the principal’s and spouse’s % ownership may be combined) with active management of the company; OR
    • management:  the principal applicant must directly manage at least 3 employees
  • Minimum English or French score of CLB 4 (see the below website for converting IELTS to CLB (https://ieltscanadatest.com/test-results/ielts-and-clb/)
  • Between age 18-59
  • Earned net worth of CAD $600,000 (principal’s and spouse’s assets combined)
  • Completed high school.

Background

The Prince Edward Island Provincial Nominee Program (PEIPNP) is administered by the PEI Office of Immigration, in partnership with the federal government of Canada. The purpose of the PEIPNP is to increase immigration to PEI, to meet PEI’s demographic and economic goals. Confederation has been appointed as an Authorized Island Agent, enabling it to submit qualified applications to the PEIPNP.

In 2018, the PEI Government moved to an Expression of Interest (EOI) model for file submission and selection.  Under this points-­‐based model, an EOI profile will first be created for each applicant, and the Government will periodically select applicants from this pool.

Those applicants with the greatest potential to become economically established in PEI will be selected and invited to apply to the PEIPNP. It is important that applicants obtain as high an EOI score as possible to increase the chance of selection.

Confederation is committed to helping applicants achieve their maximum EOI score. This document contains information on improving the EOI score in four ways:

  1. The applicant travels to PEI to secure a Community Endorsement Letter (10 points for Charlottetown, Cornwall or Stratford; 35 points for another community in PEI).
  2. The applicant enrolls his/her child in the International Student Program (10 points for dependent children enrolled in a PEI school for minimum 6 months).
  3. The applicant improves his/her language ability (10 points for CLB 5; 20 points for CLB 6; 30 points for CLB 7; 35 points for CLB 8; 40 points for CLB 9 or 10).
  4. The spouse and/or dependents improve their language abilities (10 points if the spouse or dependent child has CLB 6 or higher).

Please Contact Us for more information.

NKIC Newsletter - April 2018
Canadian Temporary Visitors, Study in Canada

Visitor and Student Visas for Canada

April 26, 2018 nkic

We are getting record number of applications for Visitor  and Study Visas for Canada- Let us help you with your next visit visitor visa or study permit for Canada.

Enrolling a Child in the International Student Program

The information you provide must clearly demonstrate:

  • The purpose of your trip to Canada.
  • Your financial capability to meet all your expenses.
  • Your ties to your country ensuring you will leave Canada at the end of the authorized period of stay.

Documentation not in English or French must be submitted with an official certified translation.

Acceptable documentation to support your application

  • Letter of acceptance from the Designated Learning Institution in Canada clearly stating the program title, the starting date, the duration of the program and the deadline dates for registration.
  • Letter of scholarship or other financial support being offered to you.
  • Transcripts and proof of graduation from all post secondary educational institutions you have attended.
  • Result of International English (IELT or TOEFL) or French (DELF or TEF) language testing taken within the last 2 years.
  • Proof of accommodation arrangements for the duration of your studies in Canada.
  • In one page, explain your goals and how your study plan fits into your academic and career plans.

Please Contact Us for more information.

NKIC Newsletter - April 2018
Family Class, News

Medical Inadmissibility For Persons With Disabilities Updates

April 16, 2018 nkic

One of the Government of Canada’s priorities is to ensure greater accessibility and opportunities for Canadians with disabilities. Today’s announcement by Immigration, Refugees and Citizenship Minister Ahmed Hussen of changes to the medical inadmissibility provision of the Immigration and Refugee Protection Act ensures that our immigration policies better align with Canadian values and reflect the importance that the Government places on the inclusion of persons with disabilities.

Under the 40-year-old policy, applicants could be found medically inadmissible to Canada based on a set of criteria out of step with a 21st century approach to persons with disabilities. Most of those affected are individuals who would otherwise be approved in the economic immigration class, and selected for the benefit their skills will bring to the Canadian economy.

While the number of refusals under this provision was not high, it resulted in cases where applicants or their children were refused despite the fact their health condition or disability was one readily accommodated in Canadian society.

The new policy on medical inadmissibility strikes a balance between protecting publicly funded health and social services and updating the policy to bring it in line with current views on the inclusion of persons with disabilities. The changes include:

  • increasing the cost threshold for medical inadmissibility to 3 times the previous level, and
  • amending the definition of social services by removing references to special education, social and vocational rehabilitation services and personal support services.

Increasing the cost threshold will facilitate immigration for applicants with health conditions that typically require a limited range of health and social services and have relatively low health and social services costs. It is expected that this would dispense with a majority of the medical inadmissibility cases seen in Canada today.

Amending the definition of social services will bring the policy in line with Canadian values on supporting the participation of persons with disabilities in society, while continuing to protect publicly funded health and social services. This would also benefit applicants with intellectual disabilities, applicants with hearing or visual impairments, and others.

The Government has been reviewing all elements of the medical inadmissibility provisions since 2016. This included meetings with provincial and territorial governments, and discussions with stakeholders.

In addition, the issue was studied by the Standing Committee on Citizenship and Immigration, which recommended eliminating the policy. Going forward, the Government agrees with the Standing Committee’s recommendation to eliminate the policy and will collaborate with provinces and territories towards its full elimination.

Please Contact Us for more information.

NKIC Newsletter - April 2018

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