[Tourist9394]

Originally Posted by casper

To be clear it is a bit more demanding that that:

General Nomination Requirements
◦ active and ongoing management of the day-to-day business operations
◦ demonstrated residence in B.C.
◦ admissibility to Canada

•Personal Requirement ◦personal net worth of at least $600,000
◦ business and/or management experience

•Business requirements
◦ establish a new business or purchase and improve an existing business

•Investment requirements
◦ make an eligible personal investment of at least $200,000 in the business

•Job requirements
◦ create at least one new full-time job for a Canadian citizen or permanent resident in the business

http://www.welcomebc.ca/Immigrate/Ab...uirements.aspx

Buying a house does not qualify as "Invest in a business creating at least one new full-time job for a Canadian citizen.".

But yes, it is a good program. We should have the provincial government actively market this in Asia and Europe. Lets grow the economy.

There are ways around this by the shrewd Mainlanders, and this happens in my hometown Home Kong also. The applicants of this investment program buys farmland in Richmond, create a shell business known as a garden, hire a Canadian security guard to front as providing jobs for the economy. Get Canadian passport.