'Super Visa' Program Launches


A program that allows Canadians to apply for so-called super visas launches Thursday, but the NDP immigration critic is worried that the new 10-year visa for parents and grandparents may be hard to obtain.

The new visa is part of the Conservative government's plan to battle an enormous backlog of about 165,000 parents and grandparents who are trying to join family in Canada.

The so-called super visa will be good for 10 years, but will have to be renewed every two years.

People applying to sponsor a parent or grandparent will have to show they can support their visiting relatives. To be accepted, the visitors will be required to have private health insurance coverage during their stay in Canada.

NDP immigration critic Don Davies likes the new super visa for parents and grandparents, but he wants assurances that they will be easy to get, unlike a five-year visitor's visa that has been available for years.

"I have cases in my office in Vancouver where someone's sponsoring their parents, say from New Delhi, and their application is in the lineup for 10 years," Davies said.
"So they apply for a visitor visa to come and they're turned down because they have a permanent resident application in the queue and the officials think that they won't leave."

Immigration Minister Jason Kenney says that won't be a problem — people who have applied for permanent residency will definitely be eligible for the visa.

"The department informs me that they're confident that the approval rate for these parent super visas will actually be very high," Kenney said last week at an appearance before a parliamentary committee.

Kenney said the new health insurance requirement may make it easier for visa officers to say "yes."

'Really good way forward'


"One of the reasons we are requiring that people demonstrate they have health insurance when they come into Canada, is to add greater certainty for our visa officers that admitting people is not going to end up representing a net cost to Canadian taxpayers," he told the committee last week.

Debbie Douglas, the executive director of the Ontario Council of Agencies Serving Immigrants, said that overall, the new program is a "really good way forward" in terms of serving parents and grandparents.

She also said the new program would give the government a chance to create a more transparent system.

"It also gives us a chance to ensure that our visa posts are being consistent and fair and transparent in terms of who it is that they're granting visas to," Douglas said.

But she noted that there are still concerns about how visas will be allocated, as well as the health insurance requirement.

"We really do have to pay attention to the fact that the requirement for private health insurance is not disproportionately affecting who we let into Canada," Douglas said.

The new super visa program was announced in early November as part of a broader plan to try and clear the backlog.

Canada Tax Advantages


Information on prospective tax advantages in Canada.

People are attracted to Canada for many reasons: stable political climate, safety and security, free universal health care, good job opportunities, excellent educational facilities, clean air and a well deserved reputation for quality of life are just some of them. Tax benefits, however, are not usually included on this list. They should be.

To begin with, the following principles of taxation apply:

  • Canada taxes individuals on the basis of their residence and not their citizenship. A Canadian Permanent Resident may apply for Canadian citizenship and a Canadian passport after three years.
  • Canada taxes its residents on their worldwide income, but allows offshore trusts for new permanent residents.
  • Canadian citizens who are non-residents of Canada do not pay Canadian tax on their worldwide income. Non-residents pay Canadian tax only on certain Canadian sourced income and capital gain.
  • There are no estate duties or succession duties in Canada.

New Canadian Permanent Residents can significantly reduce or even eliminate Canadian taxes with proper planning in advance of their arrival. They are permitted to establish a properly structured offshore trust to shelter non-Canadian sourced income and capital gain for up to five years after their arrival in Canada. During this five-year tax holiday the individual can acquire Canadian citizenship and choose to become a non-resident for Canadian tax purposes. In this manner the income and capital gain generated by the trust never falls into the Canadian tax net.

Taken all together, Canada is the right choice even from a taxation point of view.
 Source: Canadavisa.com

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