June 27, 2011
NEWSLETTER

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FEDERAL ENTREPRENEUR PROGRAM MORATORIUM

Federal Immigration - Important Changes Effective July 1, 2011

The Minister is introducing a temporary moratorium on new federal entrepreneur applications effective July 1, 2011. Wait times for this program currently stretch to eight years in some visa offices. By ceasing to accept new applications as of July 1, the government will prevent further processing delays. The federal Entrepreneur Program will undergo a review in the coming months to ensure that Canada is better able to attract and retain innovative entrepreneurs.

There is no proposed date of when this moratorium will be lifted.

FEDERAL IMMIGRANT INVESTOR PROGRAM

Federal Immigrant Investor Program ("FIIP")

i. CAP on FIIP applications
Due to the amount of new applications received under the new FIIP, the Federal government has put a cap of 700 new applications from July 1, 2011 to July 1, 2012.  The applications received prior to July 1, 2011 will not count in the cap.  In addition, the files that are not complete and not processed will not be included in the 700 files.

ii. Where to send FIIP application as of July 1, 2011
All applicants under the FIIP, must submit their application to the Centralized Intake Office (CIO) in Sydney as of July 1, 2011, regardless of the applicant's place of residence.  All the visa offices will continue to accept FIIP applications which are received as of June 30, 2011, after that date they will be returned to the sender.

iii. New FIIP forms
July 1, 2011 the Federal government will release a new checklist that will clearly indicate what documents need to be submitted with the new applications to be considered a complete file.  The required documents have not yet been disclosed, however, they have announced that the Investor Acknowledgment form will be required at the onset.

Further to the new checklist, the government will introduce a new Schedule 6, IMM 0008 and application kit.  As soon as these forms are made available we will have them on our website.

FEDERAL SKILLED WORKERS

In November 2008, the government first took steps to identify for processing those federal skilled worker applications that responded to Canada's labour needs, such as applicants with arranged employment offers from Canadian employers or with experience in an occupation in high demand. In June 2010, the government released an updated list of 29 priority occupations and introduced a global cap of 20,000 for federal skilled workers, as well as a sub-cap of 1,000 under each occupation. Over the past year, CIC has received approximately 13,800 federal skilled worker applications under the priority occupations list (figure accurate as of June 24, 2011).

Now, for applicants who do not have an offer of employment in Canada, the government will further limit the number of new federal skilled worker applications that are considered for processing to 10,000 a year, beginning July 1. This limit will help better align the number of applications with labour market demand. Within the 10,000 limit, a maximum of 500 new applications in each of the current 29 priority occupations will be considered.

QUEBEC IMMIGRATION COLLABORATION

MICC and Investissement Québec will work in collaboration

The MICC announced today an agreement between the MICC and Investissement Québec (IQ). IQ's new role in the selection process of the immigrant investors under the QIIP, will increase the MICC's treatment capacity of files and the impact of the QIIP.

Over a period of three years, this agreement is based on both of their expertise and strengths: Investissement Québec will analyze the files, while the MICC will make the final selection of candidates. The staff responsible for the analysis of the files will now be under IQ's supervision. In addition to the existing staff the IQ has announced their intention to also hire new analysts.  Due to this internal reorganization, the MICC will have more staff to proceed with the selection of files and according to the MICC, this increase in staff and division of work should increase the treatment capacity of files by approximately forty-seven percent (47%).

MICC remains in charge of the Immigrant Investor Program and responsible for final decisions.
Please click here to read the full press release.

MICC STATISTICS

The MICC held a meeting with the financial intermediaries on June 22, 2011, to present their new statistics from January to  May 2011. Below we have listed a few key figures: 

o Seven hundred and nineteen (719) files under the eight hundred thousand dollars ($800,000) (the "New QIIP") were opened, of which four hundred and thirty seven (437)) came from Aisa and two hundred and forty-three (243) from the Middle East.

o The acceptance rate on the New QIIP files is fifty-four percent (54%)  and seventy percent (70%) on QIIP files of four hundred thousand dollars ($400,000) ("Old QIIP").  Asia's acceptance rate is thirthy-five percent (35%) under the New QIIP applications  and sixty-four percent ( 64%) under the Old QIIP applications. The Middle East's acceptance rate is seventy-five percent (75%)  on the New QIIP applications sand eighty-five percent (85%) on the Old QIIP applications.

o As of May 2011, the global inventory of files is ten thousand seven hundred and forty-one (10,741) under the Old QIIP and seven hundred and twelve (712) under the New QIPP.  Asia's inventory is eight thousand five hundred forty-four (8,544) files under the Old QIIP and four hundred thirty-two (432) under the new QIIP.  Middle East's inventory is one thousand nine hundred and thirty (1,930) under the Old QIIP and two hundred forty-three (24) under the New QIIP.

OTHER MICC NEWS

o The MICC have finalized all administrative reviews submitted in 2010 and are now analyzing the reviews submitted at the beginning of 2011.

o The Iranian interpreters in Antalya will be provided by the MICC for the August mission (this only applies to Farsi translators). The fee will be five hundred dollars Canadian (CAD$500) payable to the translator directly. For July interviews the usual procedure applies.

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