Millionaires Wait in Queue for 12 years - Canada Immigration

Millionaires are not used to being in queue - much less a queue that makes them stand in line for 12 years !   Looks like more than 22,000 millionaires are choosing to do just that.   Is it a choice because of lack of alternatives ?  Or is it a choice because of a lack of awareness of alternatives.

A news story in the Toronto Sun confirms that Canada's investor program continues to face a large backlog.  Canada's investor immigration backlog keeps millionaires out of Canada. "More than 22,500 foreign millionaires are waiting abroad to resettle in Canada, bringing with them more than $9 billion to help cash-strapped Ottawa, immigration officials say."

The current Canadian investor program requires a networth of C$1,600,000. The investors who qualify for this program would very much qualify for the following programs -

1. The United States EB5 program   - Processing time is 8 to 12 months.
2. The United Kingdom Investor program - Processing time averages 6 months.
3. The St. Kitts opportunity - Processing time averages 4 months.
4. The European Investor Immigration opportunity - Processing time averages 4 months.
5. The Dominica citizenship program - Processing time averages 3 months.

Why shouldn't these investor applicants look at other countries ? If and when they want to - there are several options on the Investor Visa Network website at InvestorVisa.net.

Link to the news story on the Canadian investor immigration backlog.
http://www.torontosun.com/2011/10/07/immigration-backlog-keeping-millionaires-out-of-canada

Comparison of the Canadian Investor Immigration program with other alternatives, coming soon...

---

Share Investor Visa info on your favorite Social Bookmarking websites