Canada began the new year on a highly positive note as the first Canada Express Entry 2023 draw issues 5500 ITAs. Also, the CRS cut-off for this draw is set at 507. Besides, the tie-breaking rule applicable to this draw is set at Dec 06, 2022, 11:00:07 UTC.
However, looking at the last Nov 23, 2022, Express Entry draw we can see a few updates in the current draw:
The rise in the CRS cut-off may seem dismaying but as we know it both ITAs and CRS cut-off change with each draw. Thus, having a positive outlook for future Express Entry (EE) System draws is profitable. Because in 2022 Canada has announced major updates to the EE system. As a result, as per IRCC, the CRS cut-off is no longer the prime criteria for the selection of applicants. In addition, Canada is looking forward to rolling out ITAs to targeted occupations and other factors as per the country’s economic and labour market needs.
Such a decision has come from the 1.2 million plus rise in vacant job positions. And on top of that Canada will see a large number of people retire in 2023. This is because of the prime problem of Canada i.e. a large old age population. Thus, to ensure the Canadian economy keeps growing the country has been selecting a huge number of people via multiple Canadian immigration pathways.
Besides, in 2022, Canada broke its immigration levels target of 431,645. By selecting 437,000 people for Canada PR visa. However, Canada is all set to select 460,000 people in 2023. And why not, each year Canada is breaking its set target and selecting more people.
First Canada Express Entry 2023 draw issues 5500 ITAs. Are you willing to get an Invitation to Apply (ITA) for permanent residency in Canada? If yes, then you must meet the qualifying terms such as:
However, in case your CRS rank is lower than the draw cut-off then Canada offers multiple ways to raise your CRS rank. Out of all, the most popular is getting a provincial nomination under the PNP. This is because when you get a Provincial Nomination Certificate from a province against your EE profile, you get an additional 600 CRS points in the EE pool.
As a result, your chances of getting an ITA to submit a Canada PR visa application go up majorly. So, looking at the positive outcome and future EE draws outcome, it is justified to Apply now for a Canada PR Visa.
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Mr. Kalyan Paul, President & CEO is the founder of GVI, an MBA in Finance and also a Chartered Professional Accountant (CPA) and a Certified Management Accountant (CMA) from Canada. Mr. Paul has more than 18 years of experience in immigration consulting that made him one of the preferred & valued immigration consultants in the immigration industry. He is a licensed member of the College of Immigration and Citizenship Consultants (CICC) [Previously known as Immigration Consultants Of Canada Regulatory Council (ICCRC)] (Membership ID: R417119) which is a professional body of licensed immigration consultants recognized by Citizenship and Immigration Canada.
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