Is Vancouver Ready for an Influx of Over 52,000?

Under Real Estate News


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Written on February 10th, 2014

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It’s a fact: 95% people that immigrate to Canada from China end up in Metro-Vancouver. Immigration officials had wait-listed over 45,000 wealthy investors from china, but is Vancouver ready for that right now?

The decision to deny 52,000 immigrant visa’s under Canada’s millionaire visa policy was made today. The policy was started in the 80’s and denotes that any wealthy foreign investor that plans to invest $800,000 into the Canadian government and has at least $1.6 Million, can immigrate to Canada.

The Vancouver Sun has the full story here.

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