Author Archives: ami

2,378 Invitations for Canada Work Permits Were Sent by New IEC 2024 Draws

In the rounds of invitations for the week of May 18, 2024, international Experience Canada – IEC 2024 season issued out 2,378 work permit invitations, as opposed to just 1,818 invites last week. 2,176 invitations were issued in relation to working holidays. There are presently 33,350 applications in the Working Holiday Pool from 34 different nations.

As of May 18, 21,093 places were available for working holiday visas. 54 invitations were sent by the International Co-op (internship) category, while there were 148 by the Young Professional category.

On December 11, 2023, the IEC 2024 season formally got underway. International youth from eligible nations have since been able to submit their profiles to the IEC pool.

What are the fees for IEC 2024 season?

  • The IEC fees for all competitors in the 2024 season will be $172 CAD, according to an announcement from Canada.
  • The IEC costs change based on which immigration program you choose to apply for in Canada.

Applicants on working holidays are required to pay a charge of $100CAD. International co-op candidates and young professionals do not need to pay any additional fees, but their employers will need to pay an employer compliance charge of $230 CAD. In addition to the IEC fee, individuals who are required to give biometrics must also pay the $85 CAD biometric cost.

EB-5 visa – Immigrant Investment Program of USA

EB-5 visa – Immigrant Investment Program of USA

Investing $800,000 would qualify you for the program if the investment is made in a targeted employment area (TEA), which is an area with high unemployment or in a rural area. Otherwise, the required investment is $1.8 million.

Once you’ve made the investment, you can apply for a conditional green card, which is valid for two years. After two years, assuming the investment has created the required number of jobs, you can apply to have the conditions removed and obtain a permanent green card.

During the processing timeline, you would indeed have the opportunity to travel, access social security benefits, and plan for your future career and family. However, it’s essential to thoroughly research and understand the requirements and implications of the EB-5 program before making such a significant investment decision. We are one of the immigration practitioners who is specializing in EB-5 and we can provide valuable guidance throughout the process.

SIIS

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