Re:Immigrant entrepreneur arrested to meet quotas
by mc32 on Thursday October 20, 2011 @12:15PM
(#3135515)
Many countries have this asset requirement -New Zeeland, for example, Canada. It's nothing new or extra-ordinary. It's sort of insurance against draining the state in the event one were to become non-productive.
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Re:Immigrant entrepreneur arrested to meet quotas
by oldpatricka on Thursday October 20, 2011 @01:26PM
(#3135826)
This seems pretty different from the Canadian asset requirement [1]. The Canadian asset requirement is meant to ensure that new (skilled worker) immigrants can support themselves (and it's on the order of $10 000. The immigrant keeps this money and can spend it however he likes.
Canada does have something similar to this visa though[2], but the investment is managed by the government.
1. http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
2. http://www.cic.gc.ca/english/immigrate/business/investors/in...