Express Entry System Round 1 Invitations To Apply

On January 31, 2015 Citizenship and Immigration Canada (CIC) issued the Express Entry (EE) System Round 1 Invitations To Apply (ITA) to 779 applicants.

The Express Entry (EE) system manages all applications for Canadian Permanent Residence under the Federal Skilled Workers Program (FSWP), Federal Skilled Trades Program (FSTP), and the Canadian Experience Class (CEC).

Based on the minimum points needed to be ranked for this round of ITAs (886 points) it seems that all the invited applicants had obtained the additional 600 points by way of already working in Canada or having an Arranged Employment (in both cases the result of having a positive Labour Market Impact Assessment (LMIA)), or being nominated by a Province or Territory.

The following are the Ministerial Instructions Respecting Invitations To Apply (ITA) for Permanent Residence Under the Express Entry (EE) System (January 31, 2015):

Determination — Number of Invitations

1. (1) For the purposes of paragraph 10.2(1)(b) of the Immigration and Refugee Protection Act, the number of invitations that may be issued during the period beginning on January 31, 2015 and ending on February 1, 2015 is 779.

Required Rank

(2) Foreign nationals who, on January 31, 2015 at 11:59:48 UTC, have been assigned a total of 886 points or more under the Comprehensive Ranking System that is set out in the Ministerial Instructions Respecting the Express Entry System, as published in the Canada Gazette, Part I, on December 1, 2014 and as amended from time to time, occupy the rank required to be invited to make an application for permanent residence.

 Please Contact Us for more information regarding the Express Entry (EE) system.

Global Residency or Citizenship by Investment

Immigrant Investor Programs (IIPs) and Citizenship By Investment Programs (CIPs) are becoming an increasingly popular tool for the world’s ultra-wealthy seeking Residency or Citizenship by Investment programs. There are many reasons why an UHNWI might seek a second citizenship including greater stability and security, tax efficiency, ease of travel, a higher standard of living, increased options for kids’ education and potential investment opportunities that may otherwise not be available.

There  is a growing trend in the Ultra High Net Worth Individuals (UHNWI) applying for a second residence or  citizenship. This trend has gained more prominence with such famous character as Gerard Depardieu moving from France to Russia in the early 2013 and Tina Turner giving up her US citizenship to become Swiss in November 2013.

The need for Immigrant Investor Programs (IIPs) and Citizenship By Investment Programs (CIPs) – Global citizenship is becoming an increasingly popular tool for the world’s ultra-wealthy. There are many reasons why an UHNWI might seek a second citizenship including greater stability and security, tax efficiency, ease of travel, a higher standard of living, increased options for kids’ education and potential investment opportunities that may otherwise not be available.

The global UHNW population is currently at record highs, with nearly 200,000 individuals collectively worth $US 28 Trillion. Over the next ten years we expect the  number of UHNWI seeking a second citizenship to increase at an even faster rate .

It is estimated that the billionaire population is going to grow nearly 80% by the year 2020 an increase to 1,700 Billionaires. The life styles led by such people are one that requires ease of travel, second and third residences and the need to have a global tax and inheritance planning to safeguard their assets for the next generation.  Many accountants, bankers and wealth managers will relay on a second citizenship or a second Immigrant investor program as part and parcel of the offer to assist with their wealth management strategy.

We look forward to  a discussion  and to elaborate further on how we can plan to achieve   your  goals  and succession planning for the present and future generations.

Please Contact Us for more information on our Citizenship by Investment programs and  the European Union Immigration programs.

The New Canadian Express Entry System

It is a pleasure to submit our newsletter covering the latest information in areas such as Global and Canadian Immigration, International Education, and miscellaneous topics of interest in Management Consultancy.

In this edition of our January 2015 Newsletter we focus completely on the New Canadian Express Entry System.

On January 1st, 2015 Citizenship and Immigration Canada (CIC)  launched the Express Entry (EE) system to electronically accept and manage applications for Canadian Permanent Residence under the Federal Skilled Workers Program (FSWP), Federal Skilled Trades Program (FSTP)), and the Canadian Experience Class (CEC).

Please follow the links for a complete description of the Express Entry (EE) system and how it will impact you:

Please Contact Us for more information on any of these programs.

Global Immigration Consulting Services