In the News

Canada makes it easier for foreign nationals to apply for temporary and permanent resident status within Canada

Posted December 6th, 2019

“…foreign nationals applying from within Canada for temporary or permanent residence, or to extend or renew their visitor visa or work or study permit, will need to have their fingerprints and photo taken and can do so at any of the 58 designated Service Canada locations across the country. This means individuals will now save time and money by being able to give their biometrics within Canada.

Canada has collected biometrics (fingerprints and photos) on most foreign nationals applying for temporary or permanent residence since December 31, 2018.

Having biometrics helps immigration officers verify people’s identity, which makes processing applications easier and simplifies entry for legitimate travellers. It also makes it easier for officers to stop individuals who pose a risk to the safety and security of Canadians.”

 

To read the full article, please click here.

EB-5 Changes Came into Effect on Nov. 21, 2019

Posted November 25th, 2019

New EB5 regulations came into effect on November 21, 2019:
  • the minimum investment level of USD $500,000 has increased to $900,000 in Targeted Employment Areas (TEAs);
  • the minimum investment level of USD $1 million has increased to $1.8 million outside a TEA; and
  • DHS determines TEA boundaries.

 

For further details, please click here.

Quebec Investor Program Suspended Until July 1, 2020

Posted November 5th, 2019

The intake of permanent selection applications under the Quebec Investor Program has been suspended from November 1, 2019 to July 1, 2020, to allow time for the program to be reviewed.

Also, starting January 1, 2020, a new selection condition regarding the learning of democratic values and Québec values as expressed in the Charter of Human Rights and Freedoms will apply to all economic immigration programs.

Antigua Pricing Extended

Posted October 24th, 2019

Under the Antigua Citizenship by Investment Program, the pricing for the real estate and investment options has been extended, and no longer has an expiry date.  That is, 2 related principal applicants may jointly purchase a USD $400,000 real estate project (so invest $200,000 each).

Confederation Begins Promoting NBPNP

Posted October 24th, 2019

The NBPNP (Entrepreneurial Stream) allows experienced business owners/managers to be nominated and immigrate to New Brunswick on a Permanent Resident visa, and to own/manage a local NB business.  Applicants must have a net worth of at least CAD $600,000 ($300,000 of which is liquid), and have the net worth verified by an NB-approved accountant.  The applicant must intend to live permanently in NB while running a business there, be between ages 22 and 55, have an eligible connection to NB, have completed 2 years of full-time post-secondary education (after high school), have minimum 3 years (in the past 5 years) of ownership experience or 5 years (in the past 5 years) of senior management experience, invest CAD $250,000 in an NB business, and possess basic proficiency in English or French (CLB 5 in all categories).

Confederation is now accepting applications under this program.  Please contact us if you would like to receive more information, and we will send you full details.

Confederation Opens Office in Vietnam

Posted October 24th, 2019

Confederation is pleased to announce that it has opened an office in Vietnam, to offer greater agent support in this expanding market.  Please send any questions or inquiries to:

Confederation Partners
38A Nguyen Thi Dieu
Ward 6, District 3
Ho Chi Minh City, Vietnam

Important EB5 Changes Announced

Posted August 26th, 2019

The Department of Homeland Security (DHS) will soon publish new EB5 regulations, which will take effect on November 21, 2019:
  • the minimum investment level of USD $500,000 will increase to $900,000 in Targeted Employment Areas (TEAs);
  • the minimum investment level of USD $1 million will increase to $1.8 million outside a TEA; and
  • DHS will determine TEA boundaries.
To lock-in cases under the existing pricing and program, they must be filed with USCIS before Nov.21/19.  Please submit any pending EB5 cases to Confederation right away, work with our team to complete the documentation requirements quickly, and encourage your clients to transfer their funds as soon as possible.

Immigration key to unlocking Canada’s future economic success

Posted June 25th, 2019

Canada continues to move forward with a bold and long-term immigration plan to spearhead economic growth and support middle-class jobs from coast to coast to coast.

Since 2015, Canada has focussed on attracting the best and the brightest from around the world through specific pilot programs to deliver on the recommendations made by Canada’s Advisory Council on Economic Growth by:

  • Setting up the first, ambitious long-term immigration levels plan which will strategically increase the amount of immigrant workers needed to support Canadians and seniors as they retire.
  • Modifying Express Entry to attract highly skilled global talent and former international students who have the skills Canada needs to fill labour shortages.
  • …..

 

To read the complete article, please click here.

Update to the St. Kitts Citizenship by Investment Program

Posted May 29th, 2019

Two investors may now jointly purchase a property for 7 years, and invest minimum USD $200,000 each (for a total investment of min. USD $400,000 in the property).

Updates to the Grenada Citizenship by Investment Program

Posted May 29th, 2019

Grenada has expanded the definition of a dependent to include the following:

-age 18+ unmarried and childless siblings of the principal applicant and spouse;

-parents of the principal applicant or spouse, under age 55, who are fully dependent on the principal applicant and spouse; and

-babies born to the principal applicant and spouse within 1 year of citizenship issuance to the principal applicant.

 

As of April 1, 2019, two investors may share ownership of a unit in a Tourism Accommodation approved project, and invest USD $220,000 each (for a total investment of USD $440,000 in the unit).