Canadian Nova Scotia to Appoint Auditors to Stop Business Immigration Frauds

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Appoint Auditors to Stop Business Immigration
Frauds
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With a view to check the cases of scam in the two
business immigration classes, the Canadian
province of Nova Scotia has reportedly decided to
use the professional services of trained
auditors. The plan is to take into service not
less than eight audit companies for the
integrity testing of its schemes. These are
basically the skilled auditors who will guarantee
that immigrant entrepreneurs do fulfill different
financial tests and unearth business immigration
rackets. The auditing procedure will be so
functional that the prized and the much sought
after position of Permanent Residency (PR) will
be proffered only, and only after entrepreneurs
fruitfully tend to run a firm/enterprise just for
a time-frame of two years. The clause lies that
these entrepreneurs must come up with a capital
investment of not less than 150,000 in the
region of Nova Scotia.
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• There are also additional added characteristics
  of the plan. The same enables roughly 100
  entrepreneur immigrants to be given the
  permission to Get the Citizenship of Canada every
  year. Lena Diab, the incumbent Immigration
  Minister, has reportedly stated that the province
  did lobby for an extended period and made efforts
  to induce the government to be given the right to
  establish two fresh schemes.
• The additional conditions comprise that these
  graduate entrepreneurs must be duly educated at
  Nova Scotia, in the wake of getting their
  secondary education. It is also mandatory that
  these entrepreneurs have the possession of and
  run a business in the province which will be
  systematically audited post 1 year. They will not
  have to give either net worth or even any bare
  minimum investment.

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• Suzanne Leywho is the current executive director
  of the Nova Scotia office of Immigrationhas
  reportedly sent across a broader message
  asserting how seriously they have inherited the
  dangers of business immigration rackets. Auditors
  will then be employed to guarantee some kind of
  immigrant entrepreneurs and then fulfill
  different financial tests with not less than a
  net worth of 600,000.
• These audit firms may have been ordered to sign a
  deal for a maximum of 6 years. These oversight
  steps have been the outcome of some type of
  wide-ranging study that was carried out by the
  immigration bureau which will do its own kind of
  evaluation of the business plans by several
  entrepreneurs. The hunt for auditors has also
  been duly divided into two type of separate
  requests for plans for discovering business
  immigration scams.

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• In the previous proposal, it was anticipated that
  one was up for roughly three firms with a view to
  authenticate entrepreneurs so that they can
  fulfill their minimum net worth net. There is
  also an appeal for five firms for a time-frame of
  an opening three-year period with that of an
  additional three year likely renewal.
• Summary
• With a view to curb cases of scam in the two
  business immigration classes, the Canadian
  province of Nova Scotia is employing the
  professional services of skilled auditors.

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