Citizenship & Immigration Canada (CIC) has announced …



Citizenship & Immigration Canada (CIC) has announced that the acceptance of the federal investor files will be paused on a temporary basis. Those who submitted their files before 26 June 2010 will be accepted and processed by CIC. The pause will be continued until the new amendments come into effect later this year. Base on the new amendments, the required net worth for each investor will be CDN $1.6 Million which was previously CDN $800,000 and the cost of investment also expected to rise from CDN $400,000 to CDN $800,000 which will lead to rise the one-time upfront cost from CDN $120,000 to a range of CDN $200,000 to CDN $240,000.

Immigration

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