“The federal government had announced in the February budget it was axing its immigrant investor and entrepreneur programs, wiping from a backlogged waiting list tens of thousands of people who had been willing to lend $800,000 interest-free in return for permanent residence. But Alexander told the Post this week a new pilot program to attract wealthy immigrants was on its way. Under the pilot, wealthy immigrants would lend for more than five years at least double the cash they were made to pay under the old program, according to the Post article. The money would be privately managed under the immigration investor venture capital pilot program.”
Related posts:
Spain Recoils as Its Hungry Forage Trash Bins for a Next Meal
Undercover cops secretly use smartphones, face recognition to spy on crowds
Junk-Bond Issuance Surges to $26 Billion in the Last Stages of Boom
Boy, 6, gets detention for Lego gun on bus
Google’s Schmidt Sees Encryption Killing Censorship
France: The new sick man of Europe?
Former Pittsburgh schools police officer faces sex charges
Will Obama Bailout Crony Sugar Processors?
Why Ron Paul’s presidential campaign may be the last of its kind
Police Made One Marijuana Arrest Every 42 Seconds in 2012
Banks Saved, but Europe Risks 'Losing a Generation'
Bitcoin: how I made a virtual fortune
'Being anxious and afraid does not justify attempting to execute a man'
Oil Nations Put Out Welcome Mat for Western Companies
Swiss thousand-franc note is a hidden treasure