Immigration to Canada (subject to means)
For all those pilots asking how to immigrate to Canada, there is now a straight-forward way to gain immediate Permanent Residency status. Straight forward as long as the applicant has net worth of $800k and is prepared to give the Canadian Govt $400k without interest for 5 years. I didn't believe it either but the HSBC criteria are given below:
At say 3.5% lost interest, this equates to $15k p.a. or $75k total.
Strikes me that the Govt is being even more of a whore than usual - what they are in effect saying is 'anyone can just bung us $75k and they're in for good!' Are there no depths they will not sink to?
Must deposit C$400,000 for 5 years with the Canadian Government, at 0% interest