www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Top Stories

Immigrants eye US after Canada change

By Zhao Yanrong in Beijing and Yu Wei in San Francisco | China Daily USA | Updated: 2014-02-14 12:03

Tens of thousands of Chinese investors may have to find new destinations for their wealth after the Canadian government announced on Tuesday its intention to end its immigrant investor program, and one of those destinations is likely to be the US, immigration lawyers say.

The Canadian federal Immigrant Investor Program provided limited economic benefit to the country, according to a news release on the website of the Canadian embassy in Beijing.

Research shows that immigrant investors pay less in taxes than other economic immigrants, are less likely to stay in Canada over the medium- to long-term and often lack the skills, including official language proficiency, to integrate as well as other immigrants from the same countries, according to the release.

"Our government is focused on attracting experienced business people and raising investment capital that will contribute to our economic success over the long term," Citizenship and Immigration Minister Chris Alexander said.

The immigrant investor program, which granted permanent residency to those who committed C$800,000 ($727,850) to a five-year zero-interest loan, was very popular among wealthy Chinese people.

The program will be replaced with a new Immigrant Investor Venture Capital Fund, which will require immigrants to invest money, rather than just loan it.

Canada has been a popular destination for Chinese migrants since Ottawa opened its immigration policy to residents of the Chinese mainland in 1996. China has become the largest source of immigrants and international students in Canada, according to a report by the Center for China and Globalization.

However, Canada's immigration policy changes may cause a lot of Chinese to lose their interest in the country and force Chinese investors to look for alternatives, such as the US Employment Based Visa, Category 5 (EB-5) program - a way of obtaining a green card for foreign nationals who invest money in the US.

"I believe that Chinese nationals will have fewer choices to emigrate from China (because of Canada's changing policy) and that the US is a logical and desirable destination with a lower investment threshold," said Larry Behar, immigration attorney at Behar Law Group.

With a minimum investment of $1 million or $500,000 in low employment or rural areas, an EB-5 program, grants special visas to foreigners who create or preserve at least 10 full-time jobs for US citizens.

In 2009, China surpassed South Korea to become the largest source of EB-5 participants. More than 6,000 Chinese investors obtained visas through the EB-5 program in fiscal 2013, according to Ronald Fieldstone, attorney at Arnstein & Lehr LLP.

"There is a pent-up demand for wealthy Chinese to emigrate to western countries," Fieldstone said. "Therefore (because of Canada's new immigration rule), these investors will now actively look to the well-established EB-5 program in the US for relief."

Jean Chen, lead attorney at the law office of Jean D. Chen, said she believes there will continue to be a large increase in the number of Chinese investors for the US EB-5 program.

"This is not only due to the Canadian situation as you mentioned, but also because the US EB-5 system has lately had a very high approval rate with a relatively low investment threshold, so we see the popularity increasing significantly," Chen said.

However, potential Chinese investors worry about the security of US investment. Concern is especially high after last year's "Chicago Scandal" in which the Securities and Exchange Commission sued an EB-5 regional center, accusing its operator of defrauding more than 250 investors primarily from China out of $156 million.

"On a very basic level, the US system has more risk involved when comparedto the Canadian system,"Chen said.

Contact writers at zhaoyanrong@chinadaily.com.cn and yuwei12@chinadailyusa.com

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: jiucao在线观看精品 | 国产一级做a爰片在线 | 美女被男人cao的爽视频黄 | 91看片淫黄大片欧美看国产片 | 国产91页 | 欧美一区二区三区国产精品 | 亚洲高清在线观看 | 国产成版人视频网站免费下 | 亚洲国产精品一区二区首页 | 在线观看久草视频 | 亚洲精品第一区二区在线 | 99精品网 | 日本视频免费在线播放 | 经典三级久久久久 | 日韩精品久久久久久 | 日韩一级在线播放免费观看 | 精品欧美高清一区二区免费 | 欧美成年人网站 | 欧美在线播放成人免费 | 亚洲精品国产第一区第二区国 | 香蕉国产人午夜视频在线 | 亚洲一一在线 | 在线播放成人高清免费视频 | 99视频国产精品 | 韩国特级毛片 | 欧美午夜性春猛交 | 日韩成人精品日本亚洲 | 国产又粗又黄又湿又大 | 日韩欧美日本 | 国产欧美另类久久久精品免费 | 日本免费一级 | 国产精品久久久久久久人热 | 免费国产不卡午夜福在线 | 亚洲成年 | 一区二区中文字幕在线观看 | 色悠久久久久综合网伊人男男 | 午夜日韩| 国产免费一区二区在线看 | 全免费a级毛片免费看视频免 | 经典国产乱子伦精品视频 | 欧美精品xxxⅹ欧美 欧美精品不卡 |