Canada Open Borders For Skilled Indians, 3,30,000 PR Visas Will Be Allocated; Is This The New H-1B?
With so much commotion going around H1B visa issue, post-Trump America, every Indian is almost reconsidering going to the US for job or studies. A large number of technology professionals on H-1B visas in the US are Indians. The whole scenario is no better for the Indian immigrants residing in the States applying for a green card. With such a capricious shift in rules revolving around these immigration issues in the US, here comes some good news that could help you make your mind better.
What is the Multi-Year Immigration Levels Plan All About?
Canada is soon becoming the go-to destination for skilled Indian IT workers as the Canadian government has set a target to invite 3,30,000 new permanent residents in 2019, as per its Multi-Year Immigration Levels Plan, adopted by the Govt. of Canada. This historic plan has always welcomed the inflow of immigrants and worthy permanent residents in Canada.
Under this, Canada has welcomed 310,000 new PRs in 2018, growing to 330,000 in 2019 and ambitiously proclaims to rise to count of 340,000 new PRs by 2020, creating a mark as the most glorified immigration levels in the recent history. Canada has always valued immigrants for their manifold contribution towards the Canadian economy, grounding it steadfast and competitive in a global economy.
It aims to foster the growth in the labor force, replenishing the aging generations, thereby spurring innovation. This programme offers a hassle-free and quick route to work in the country and proves to be beneficial for Indians having a STEM background and looking forward to emerging job opportunities.
Reportedly, India has had the largest invite for permanent residency under the Express Entry Route. As the numbers speak, we have an estimate of 36,310 invites, out of a total 86,022 in 2017, only to Indians, which climbs up by 13% in 2018. The Canadian government’s ‘Building a Nation of Innovators’ report said that 40,833 jobs and 3,625 applications have been approved by highly skilled immigrants. As per now, the maximum duration that an employer can request for a work permit under GTS is 2 years.
It Starts Slowly: The Miniscule Effect
A study on immigration trends discovered that due to the confused and fickle state of H1B and other work visa programs under Trump’s rule, many U.S. companies are increasingly moving jobs to Canada and hiring people with trendy and complex skills, like data analytics.
About 63% of companies are increasing their presence in Canada, with about 21% of companies having already established at least one branch in Canada. Canada plans to add over one million new permanent residents over a three-year period. The correlation between the rapid expansion of tech jobs in Canada and the H1B program’s befuddling state can’t be ignored and in time.
The Wave of Transfer to North
Software workers are now opting to work in Canada and showing their preference for the country, despite them having an option to stay in the US, said a report. Besides, tech companies are also opening more offices in Canada. Though the average pay in Canada is less than the US, software professionals are making a beeline to work in Canada as the immigration process is simpler and hassle-free.
A large chunk of technology professionals on H-1B visas in the US are Indians, with the country offering 85,000 H-1B visas each year, yet Indians have to wait for about 10 years to obtain a green card, while Canada is luring highly-skilled professionals with potential citizenship in three years.
As an individual looking out to seek better opportunities outside of the country, it is very important for you to weigh each and every choice judiciously, as it involves a huge investment. With the ongoing condition, will Canada see a larger indulgence of tech companies than the U.S, thereby attracting more immigrants?