MALTA WELCOMES MULTI- MILLIONAIRES

MONEY BUYS MOVEMENT: COST OF GETTING A NEW SCHEME PASSPORT The scheme is being managed by a Jersey-based company, Henley and Partners which has an exclusive 10-year deal with the Maltese Government. On its website the company says applicants will be subject to strict vetting and 'only highly respectable clients will be admitted'. The firm receives a commission of four per cent of the investment made by each main applicant. Applicants must pay out: a €650,000 payment to a new economic development fund €150,000 investment in government bonds. Applicants must also spend at least €350,000 on a property to be kept for at least five years. A further contribution of €25,000 is payable for the spouse and young children of the applicant, rising to €50,000 for adult children and the grandparents of each spouse. As well as receiving its commission, H&P will charge client fees of €70,000 per main applicant, plus an additional €10,000 to €15,000 per spouse or dependant. Read more: http://www.dailymail.co.uk/news/article-2563695/Hundreds-foreign-millionaires-apply-Maltese-passports-right-live-Britain-claim-benefits.html#ixzz2tsNoNe35

ONTARIO: MORE SKILLED WORKERS & FRANCOPHONES; fewer poor unskilled immigrants.

QUICK FACTS 19 Feb 2014 Ontario remains the number one destination for newcomers to Canada, receiving more immigrants than the combined total of all the provinces and territories west of here. Newcomers make up 30 per cent of Ontario's labour force. Over the next 25 years, immigration will account for all of the increases in Ontario’s working age population and is expected to be a major source of future labour force growth. Ontario’s Immigration Strategy sets a goal that five per cent of newcomers be Francophone. The federal government makes key decisions about immigration that impact Ontario. Federal decisions over the last 10 years have reduced the proportion of economic immigrants coming to Ontario to 50 per cent, while the average for other provinces is 70 per cent. Ninety-eight per cent of Ontario’s provincial nominees remain in the province. The Provincial Nominee Program is for employers who would like to fill skilled positions that they have not been able to fill domestically with foreign workers and international students who want to live and work in the province.

INVESTMENT CLASS CANCELLED

Sadly Canada has cancelled Investment class.Many did not reside in Canada and avoided paying full Income Tax.