Splash $7 million on a passport! Canadian identity is the most popular among the rich! The reason is revealed…
In the post-Epidemic era, everyone wants to live and work in a relatively safe and healthy environment, as we spend more Time than ever at Home or moving around in the communities we live in. At this time, those with enough wealth have other options – buying a second citizenship to bypass travel restrictions while seeking asylum in a safe country. released a research report. The report lists the top 10 countries out of 31 countries worldwide that offer “residence or citizenship investment programs. The report also notes that the cost of purchasing a passport ranges from $100,000 to $7 million and up.
The report assesses these countries for their investment immigration programs and health risks, as well as their response to and effectiveness in dealing with the COVID-19 pandemic. Specific assessment criteria included: government risk management efficiency; quarantine efficiency; surveillance and detection of the virus; health preparedness; regional resilience; and emergency preparedness.
In addition, Henley & Partners has conducted an annual ranking of passport strength based on passport holders’ visa exemptions to specific countries, but the ranking does not take into account “citizenship by investment”. Canada is ranked #9 in the 2021 Passport Power Rankings.
Using the COVID-19 Health Risk Assessment as a key reference, the Top 10 list of where the world’s wealthy tend to invest in citizenship programs, in order from #10 to #1, is as follows: 10.
Greg Lindsay, director of Applied Research at NewCities, said that while Canada did not stand out in terms of its citizenship by investment program, it continues to be a country with a “quiet” charm and respect for scientific authority. respect for scientific authority, and the country’s provincial and territorial segregation measures were a great success, giving the country the highest overall score. “Canadians have persevered, and their mortality rate from new coronas is moderate globally, less than half that of their neighbors,” Lindsay commented, adding that the Canadian government has resolutely resisted the “anti-maskers” and has succeeded in bringing the nation together to fight the epidemic. The Canadian government has resolutely resisted the “anti-maskers” and has succeeded in bringing the nation together to fight the epidemic.
But, the report concludes, given that the mantra of Canadian politics is “What have you done for me lately?” I fear that the achievements of Justin Trudeau’s government in the early days of the pandemic will soon be forgotten if it is unable to rescue its fragile vaccination program.
However, another recent Statistics Canada survey report shows a different picture. The report shows that by the end of 2020, the number of permanent residents who have come to live in Canada for less than five years will be 1,019,000, down 4 per cent from last year, and the number of new immigrants at the end of 2019 will be 1,060,000. This compares to an average annual increase of 3% in the number of new immigrants over the past decade of statistics.
The number of people who will become permanent residents of Canada in 2020 is also 40% less than in 2019, due to the impact of the epidemic. Although the federal government has said it aims to take in 1.2 million people as permanent residents over the next three years, experts believe that this goal may be harder to achieve. In this regard, Falconer notes, “Not every temporary resident wants to become a permanent resident or citizen of Canada. Some of them work and study here, but they are also happy to go back to their country of origin.”
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