Provincial Nominee Programs And Investor Status
You can shop around, tailor your investment programs in terms of what your needs are and then target the province you want to go to. Each program has its own advantages and disadvantages, so you do need to have somebody to take you through the steps.
The province, when they are selecting applicants, will look at whether or not they believe that you really intend to settle in their province. That is one of their requirements and some provinces will have you sign a declaration which says that you will live in this particular province. If you have convinced them that you are really sincere, they will accept you and when you get there, if there is a reason for you to leave, there is nothing stopping you, from a legal point of view. It might, however, be open to the immigration authorities to come back and say, you misrepresented your intention, you never even intended to go to that particular province and, therefore, we are going to write off your status. No province has done this to date, but they have the option if they so desire. The security deposit may be at risk, too. For example, in Prince Edward Island the amount is $25,000, in Manitoba and Saskatchewan it is $75,000, and in British Columbia it is $125,000. So, if you say you are going to come to a province and then you don’t stay there, that money will be forfeited.
If you, or someone you care about, is dealing with immigration law issues in the Vancouver, British Columbia Region, contact Embarkation Law Group for a consultation.