| To be considered an Investor Immigrant under the Federal program, a foreign national must have
- owned or managed and controlled a qualifying business for at least two years in the five years prior to submitting the application for immigration to Canada,
- a legally obtained net worth of at least 800,000 Canadian Dollars, and
- invest 400,000 Canadian Dollars for five years.
The net worth can be made up of value of liquid funds and business and/or personal property owned by applicant and their spouse or common-law partner. Applicant must provide documentation to support their claim.
For the business to qualify under the program, the applicant must prove that the business meets any two of the following requirements:
- the percentage of equity, multiplied by the number of full-time job equivalents, is equal to or greater than two full-time job equivalents per year;
- the percentage of equity, multiplied by the total annual sales, is equal to or greater than $500,000;
- the percentage of equity, multiplied by the net income in the year, is equal to or greater than $50,000; or the percentage of equity, multiplied by the net assets at the end of the year, is equal to or greater than $125,000
As an alternative to actual ownership, investors may qualify by proving that, over any two of the five years preceding the application submission, they had managed at least 5 full-time employees in a business. The Investor definition also includes individuals who have exercised significant senior managerial control over businesses of a substantial size notwithstanding that such individuals may have not have an ownership interest or have assumed entrepreneurial risk directly.
Applicant can make their investment anytime after their application has been submitted to Immigration Canada but prior to immigrant visa issuance. Immigrant visa will only be issued after the investment payment has been made to Immigration Canada.
Canadian Immigration acts as an agent on behalf of the Canadian investment funds who decide where to invest the funds that investor immigrant places with the Receiver General for Canada.
Immigration Canada will repay the invested funds in five years without interest. The date of repayment depends on the date Receiver General receives the investment. At the earliest, this will be in five years, two months and at the latest, five years, three months from the date of receipt.
Investor is allowed to finance the investment in the Immigrant Investor Program. With a minimum deposit of 120,000 CAD, an investor can secure the maximum loan from these financial institutions in order to complete the required 400,000 CAD investment.
After the five year obligatory investment period, the initial capital deposit will have served to pay the interest on the loan. This offer may vary according to Canadian interest rate fluctuations and the financial institution concerned.
Major details of the Investor Immigration Program:
- Applicant can invest their own funds or get their investment financed through a Canadian financial institution.
- Investors receive unconditional visa and do not have to start business in Canada but they may if they are willing to.
- Investment repayment is guaranteed by the Canadian government.
- If an investor has made an investment and immigrant visa is refused, their investment will be refunded.
Ariadne Counselling can provide the following assistance to Investors:
- arrangement of exploratory visits to Canada;
- detailed analysis of personal data to determine eligibility;
- preparation and submission of application package and processing monitoring;
- selection interview training;
- arranging investment financing through Canadian financial institutions;
- representation before Immigration Canada.
Obtain online eligibility assessment for Canadian Investor Immigration Program. It's free, confidential, with no obligation. Inquiries regarding our services, fees, and ability to represent you in your application for Canadian Permanent Resident Visa may be directed to the following email address: info@immigration1services.com
Details of the Quebec Investor Program.
Details of the Nova Scotia Investor Program.
Back to the Business Immigration page.
| | | |