Introduction
The Ontario Immigrant Nominee Program (OINP) is a program that allows the province of Ontario to nominate individuals who meet certain criteria for immigration to Canada. There are two main ways that you can apply for this program: as an employer-sponsored immigrant or as an investor, entrepreneur or self-employed person.
As of January 2019, there has been an increase in the number of applications allowed under both streams by 5% each year for five years (2023). This means that if you have been thinking about applying for this program but haven’t yet done so because there was no room left in your category, now may be the best time!
The Basics of the Quota Increase
The Ontario Immigrant Nominee Program (OINP) quota is the number of applications that can be accepted by foreign nationals who wish to immigrate to Canada. The OINP has increased its quota for 2023 by 15%, which means more people will be able to apply for permanent residence through this program.
The Basics of the Quota Increase
What is the Quota Increase?
How Much Is It?
When Will It Take Place?
The Impact of the Quota Increase
The Ontario Immigrant Nominee Program (OINP) has increased its quota for the 2023 immigration year. The OINP is a program that allows Canadian provinces to nominate individuals who wish to immigrate to Canada but do not meet all of the requirements set out by Citizenship and Immigration Canada (CIC). This means that if you are an immigrant looking to move to Ontario, there are now more opportunities available than ever before!
The increase in quotas means that more people will be able to apply under this program – which is great news for both newcomers and employers who need workers with specialized skill sets. However, there may be some challenges associated with this increase:
Who Will Benefit From the Quota Increase
The quota increase will benefit potential applicants, employers, and other stakeholders.
Potential Applicants: The OINP is an important tool for Ontario’s economy because it helps to attract skilled workers to the province. With more spaces available in the program, more people will be able to come here and contribute their skills and knowledge to our economy.
Employers: An increased number of spaces means that more companies can hire foreign workers without having to wait for them to become available through Express Entry or PNPs (Provincial Nominee Programs). This will reduce their costs by allowing them access faster than would otherwise be possible if there were fewer spots available in these programs
Other Stakeholders: An increase in available spaces means better access for everyone involved–from applicants looking for work opportunities here all the way up to employers who need new hires on staff!
The Process for Applying for the Quota Increase
To apply for the quota increase, you must first submit an application form. The Ontario Immigrant Nominee Program (OINP) will then review your application and determine if you meet all eligibility requirements. If so, they will send you a letter of invitation that tells you when and where to attend an interview at one of their offices across Canada.
The OINP requires that all applicants provide certain documentation with their applications:
Proof of funds – This can include bank statements or other financial records showing that they have enough money to support themselves while in Canada (at least $10,000).
Passport copies – Applicants must provide copies of their passports as well as any other travel documents used by family members who are travelling with them on their journey to Canada (for example, children under 18 years old).
Tips for Successfully Applying for the Quota Increase
If you’re interested in applying for the Ontario Immigrant Nominee Program (OINP) quota increase, here are some tips for successfully applying:
Gather the necessary documentation. You will need to gather all of your paperwork and make sure that it is up-to-date before submitting an application. Some important documents include proof of education, employment history, language proficiency test results and references from people who know you well.
Prepare a strong application package. When preparing your application package make sure that all supporting documents are included with it so that they can be reviewed by OINP staff during processing at no additional cost to yourself or your employer if they decide to sponsor you under their Corporate Immigration Stream program after reviewing everything thoroughly before submitting anything online through INZ Online Services portal system which makes it easier than ever before!
Conclusion
As you can see, this is a significant increase in the Ontario Immigrant Nominee Program (OINP) quota. It is also important to note that it will not be the last time we see such an increase. The government has stated that they plan to continue increasing the OINP quota as needed going forward, so long as there are enough qualified candidates available.
If you’re interested in applying for permanent residence through the OINP, now is definitely the time!