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How does the huge backlog of immigration applications affect applicants who want to apply for Canada's programs for investors?

I've heard that the IRCC currently has nearly 1.8 million immigration applications in its backlog. Should investors wait for a few months and apply Canada's provincial residency by investment program when this backlog has reduced a bit?

  • JTH Lawyers Inc.
    November 22, 2021

    Since applications are typically processed on a "first come, first serve basis", it is never a good idea to delay the submission of an application until backlog is reduced: delaying the submission would obviously delay the outcome as well, because other applicants will simply introduce their files in front of yours and get processed first.