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423 – Lowest Ever Express Entry #CRS Threshold, for more details visit: www.canadaupdates.com

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M.B

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Express entry system in Ontario get more streamlined with the all new Human Capital Priorities immigration stream

Ontario Immigration Nominee Program (OINP) comes with an exclusive Human Capital Priorities immigration stream from 21st February, 2017. With the opening of this, it will be easier for the selected candidates of the Express Entry system to enter into the dream destination, Canada.

Details of features of Human Capital Priorities immigration stream

On 9th May, 2016, there was a sudden halt in the Human Capital Priorities Immigration stream along with several other immigration streams by the Ontario government. The re-opening of the system once again from this year will benefit the Express Entry candidates because they will be able to get an additional 600 points in the Comprehensive Ranking System or CRS due to the nomination from the Ontario Immigration Nominee Program via the Human Capital Priorities Immigration stream.

The candidate receives a Notification of Interest (NOI) after it gets nominated under the Ontario Immigration Nominee Program. This enables them to apply for the Human Capital Priorities Immigration stream within 45 days of receiving the NOI. If the candidates are successful, then they are being given a higher provincial nomination certificate that the candidates can easily add to their Express Entry profile so that they can achieve the extra 600 points in the CRS.

What are the eligibility criteria for applying for Human Capital Priorities Immigration Scheme?

The chosen candidates of the Express Entry system have to get the NOI from the OINP in order to apply for the Human Capital Priorities Immigration stream so that they can receive the bonus 600 points in the CRS and there is no way one can apply directly for the same. Given under are the eligibility criteria for receiving nomination from the OINP:

The candidate must maintain a threshold score of 400 under CRS.

One should be willing to be a resident of Ontario in the future.

The minimum educational level should of Bachelor’s degree level or higher, whichever is applicable in the concerned case of an individual.

The candidate must have passed the Canada Language Benchmark of level 7 or above that proves the proficiency of English or French.

Availability of optimum amount of funds must be present for the candidates to aid themselves along with their family members if they come to Ontario sometime in the future.

At present, the Express Entry level has lowered to almost 441. In such a scenario, it is wise to go for the same at the earliest because different provinces along with Ontario have of late, opened up the Human Capital Priorities Immigration stream for the candidates. This will in turn ensure that the candidates get to receive the NOI that will also help them in getting the permanent Canadian residence too.

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What are the financial capacity evaluation requirements to sponsor someone for Quebec Canada?

he financial capacity evaluation is very crucial in Canada and an individual willing to migrate to Canada ought to show enough evidences of the presence of sufficient funds to support for self and family, if applicable, for a span of at least twelve months and more during the course of undertaking.

What are the pivotal points about financial capacity evaluation?

In order to judge the candidates about its financial strength that is extremely necessary to survive and settle in Canada in the future, the concept of financial capacity evaluation has come into existence. The basic elements that are taken into consideration while calculating the total available funds of a candidate through this system are discussed below:

The income of the candidate along with the spouse if he or she has co-signed the sponsorship agreement with the candidate.

The threshold income for supporting the family’s primary needs is also vital here.

The minimum income that is necessary to support the sponsored person along with his or her family members irrespective of whether they will be escorting the sponsored person or not.

In case of any sponsorship history with any other person and if the previous undertaking of the sponsorship remains valid, then the income required to fund the fundamental requirements of that particular person is also considered while calculating the financial capacity evaluation.

The figure-wise break-up of funds or income required for satisfying a candidate’s own needs along with the basic needs of the family members are given hereunder:

For a single member family, the income limit must be C$23,113.

After this, the subsequent income limits for families having two, three, four and five members are C$31,200, C$38,521,C$44,303 and C$49,307 respectively.

Apart from this basic income level, there is an extra income requirement as well. These are specified as:

C$8,000 and C$12,680 respectively for one or two family persons below 18years of age.

# The gross annual income required is increased by C$4,228 for each additional person under 18 years of age.

For the minimum gross annual income of the sponsor ranging from C$ 16,906, C$ 22,714 and C$25,648, the number of family members under the age of 18 years that can be supported is 1 and 2 respectively along with one grown-up member in each case as well.

# The gross annual income required is increased by C$2,932 for each additional person under 18 years of age.

For two adult family members, the minimum accepted level of gross annual income of a sponsor that can support another one and two family members below the age of 18 years are C$ 24,791, C$ 27,772 and C$29,981 respectively.

# The gross annual income required is increased by C$2,201 for each additional person under 18 years of age and by C$7,882 for each additional person 18 years of age or over.

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