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The Canadian Immigrant Investor Program visa will start on 1 December 2010. To fall under this category, you must be willing and able to make an investment of CDN $800,000. This investment is placed with the Receiver General of Canada. In addition, you must have a net worth of CDN $1.6 million.
Participating provinces then use your investment to create jobs and help their economies grow. Citizenship and Immigration Canada (CIC) will return your investment to you, without interest, in approximately five years, after you have become a permanent resident.
Many potential business immigrants, though able to meet the program's net worth requirements, may have difficulty raising the assets required in a short period of time, or they may not wish to tie up their money for a period of five years while receiving no interest on the transaction. There is an alternative: you may finance your investment. You have the option to receive a loan from a financial institution in Canada for up to 70% of the investment. You may finance your investment. CIC has agreements with a number of financial institutions that can facilitate the financing of your investment.
Quebec Investor Program
Under the Quebec Investor Program, applicants are sought who are experienced business persons with a large amount of capital, interested in investing in Quebec.
In order to apply under this program, applicants must:
- Demonstrate at least 3 years of management experience in a business enterprise, government or other society;
- Possess a minimum net worth of $800,000 CDN of legally acquired funds;
- Undertake and a make an investment of $400,000 with a stockbroker or a trust company, for a term of 5 years.
Please contact us if you are interested in immigrating to Canada as an Investor.