|Canadian Immigrant Investor Program is to attract
experienced businesspeople who bring significant benefit to Canada.
Investments made through the program take the form of a five-year, zero
interest loan to the Government of Canada on behalf of participating
provinces and territories. These funds are distributed to participating
provinces and territories to fund economic department and job creation
initiatives. Citizenship and Immigration Canada (CIC) has changed the
program so that it makes a greater contribution to the Canadian economy.
The new criteria have taken effect since December 1, 2010.|
- To be eligible under the Immigrant Investor Program, you must:
- have a net worth of at least C$1,600,000 that was legally obtained, and be willing and able to make an investment of C$800,000.
- have at least two years of business experience, which the applicant:
- managed a qualifying business and controlled a percentage of equity of the qualifying business for at least two years in the period beginning five years before the date of application
- managed the equivalent of at least five full-time employees per year in a business for at least two years in the period beginning five years before the date of application
- a combination of one year of experience described in the
first point and one year of experience described in the second point
- also show that you have enough money to support yourself
and your dependants after you arrive in Canada and meet any other
requirements of Canadian or Quebec immigration regulations.
- At the stage of investment, there are two options. If you invest C$800,000 in full, which is guaranteed by the Government of Canada, the funds will be kept for a period of five years and returned to you in full with zero interest in five years. Or if you pay a financing fee to a government-approval financial intermediary, the funds will not be returned to you. The financial intermediary will place $800,000 with the government on behalf of investors.
- Federal investors will receive a permanent resident visa from the Government of Canada.
- Note that the Canadian Charter of Rights and Freedoms guarantees mobility rights, or free movement within Canada: "Every
citizen of Canada and every person who has the status of a permanent
resident of Canada has the right to move to and take up residence in any
province and to pursue the gaining of a livelihood in any province."
Please contact us for more information. We will help you to assess your qualification.