Immigrating to Canada as an Investor
As of April 1, 1999, a new Federal Immigrant Investor Program came into effect. This program promises to be simpler and fully guaranteed by the government of Canada. This new program is for applicants who intend on living in any of the provinces or territories outside of the Province of Quebec. Applicants who intend on residing in the Province of Quebec must invest in Quebec Investment Program.
The Immigrant Investor Program seeks to attract experienced business persons and capital to Canada. In the last five years, 6 878 investors have landed in Canada with over $2.591 billion invested.
Investor's must have:
managed and controlled a business for at least two years in the five years prior to submitting their application for immigration in Canada
legally obtained a net worth of at least $800,000
Make an investment of $400,000 CDN with the Receiver General for Canada for five years and two months. The full amount of the investment (without interest) is repaid to the investor after approximately five years. The return of the investment is fully guaranteed by participating provinces and territories
Must have either:
controlled a portion of the equity of a qualifying business
been responsible for the management of the equivalent of at least five full-time jobs per year in a business, for at least two years in the five years prior to submitting their application for immigration in Canada