Immigration newsletter 10 Nov 2014

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Australia announces new investor visa

Australian Prime Minister Tony Abbott has announced a new permanent residence visa aimed at wealthy investors.

The ‘Premium Investor Visa,’ which will be launched next summer, is available for applicants who can invest $15 million or more into the Australian economy. This new visa will be in addition to the ‘Significant Investor Program’ for investments of $5 million or over. It is hoped the changes will improve the flow of foreign investment, and attract high net-worth individuals to Australia.

It is also interesting to note that the UK Tier 1 Investor Visa will double in cost from one million pounds to two million pounds from 6 November 2014.

EU migration is essential, says British Industry leader

The CBI Director-General in the UK said last month, that EU migration is essential for economic recovery.

John Cridland, who is head of the Confederation of British Industry, has argued that without overseas workers coming to the UK, hospitals would not be able to function and construction sites would close down.

It is reported that EU migrants make an average net contribution of £2732 per person, per year.

US immigration undergoing a ‘second great wave’

The US is undergoing a ‘second great wave of immigration, according to a recent study by USA Today. In the report US immigration over the past 20 years has been compared to the huge arrival of immigrants in the early 20th Century.

The effect of this ‘second wave’ is its positive impact on ethnic diversity across the whole of the US, even in rural areas such as the Midwest where, up until recently, residents were predominantly white.

In a survey carried out, 49% of Americans believe that this increase in diversity has had a positive impact on the Country. Only 25% of those asked, thought the US was worse off.

Australia Immigration Opportunities

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Migrants may consider Western Canada after economic boom

The greatest increases in economic growth can be seen in the Western part of Canada according to the latest figures from Statistics Canada. This economic growth in Western Canada is largely due to a growing mining and construction industry, as well as a recent boom in oil and natural gas.

Around 80% of all new jobs in Canada last year were in the province of Alberta, and around half of these in Alberta’s capital city, Edmonton. These figures may encourage new migrants to consider the Western part of Canada The economies of British Colombia, Saskatchewan and Manitoba are also reported to be on the increase.

UK Archbishop criticises government immigration policy

A UK religious leader has criticised politicians for demonising immigrants who come to the UK.

Archbishop of Canterbury, Justin Welby, spoke out after Defence Secretary Michael Fallon commented that some parts of the UK were being ‘swamped’ by foreign migrants.

The Archbishop described the language being used as ‘worrying’ and added a reminder that ‘at the heart of Christian teaching about the human being, is that all human beings are of absolute equal and infinite value.’