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Canadian immigration attracted more wealthy Chinese Investors
Friday, June 17, 2011
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According to a report of Beijing News on Tuesday - June 13, 2011, there were more than 6,000 immigration visas to Canada, the United States, and Australia granted by people from Chinese mainland in 2010.
Under the Business Visas to Canada, Australia and the US, people will be eligible to immigrate to these countries if they can show their processes of specified amount of investment funds. The number of Chinese people granted visas to these countries has significantly been increasing in recent years.
The newspaper survey showed that 27 percent of wealthy Chinese holding investable assets of more than 100 million yuan ($15.42 million) have already been granted visas and immigrated while those who are considering emigration account for 47 percent.
The main immigrant force comprised of people whose age ranges from 35 to 45. As well as Australia and the US, Canada is chosen as their preferred destinations because of the world class healthcare, education and other public services.
"I hope my children can go to the best school abroad and with the immigration visa, a large part of tuition can be exempted" said a man who was only identified Su - an immigrant from China told to Beijing News.
Basing on the destination, the threshold of investments for immigration visas has been decided. A foreigner could be granted immigration visa to Canada if he had an investment of 1.46 million yuan, the newspaper reported.
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