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No telling when prices will level off

posted Apr 17, 2011, 10:21 AM by Milorad Borota   [ updated Apr 17, 2011, 10:23 AM ]
By Ozzie Jurock, The Province April 17, 2011
B.C. immigration is at the highest level in six years. Immigration to B.C. hit 44,179 last year, the highest level since 2005, according to a Deloitte & Touche report.

Last year, B.C. welcomed 47 per cent of the Investor Class immigrants who came to Canada, though it took in only 15.7 per cent of all immigrants.

Investor Class immigrants must have a minimum worth of $1.6 million and make an $800,000 investment with Citizenship and Immigration Canada. More than 60 per cent of these came from China. Last year, 5,500 Investor Class immigrants arrived in B.C.

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