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Immigration to Canada via Investor Program

  

  

Investor Program Objective

To promote economic development and employment by attracting people with capital, business acumen and entrepreneurial skills; To develop new commercial opportunities and to improve access to growing foreign markets by "importing" people who are familiar with those markets and their special requirements and customs; To support provincial and territorial economic objectives.

  

Who is an Investor Immigrant

An investor is a foreign national who: (1) has business experience; (2) has a legally obtained net worth of at least $800,000; and (3) indicates in writing to an officer that they intend to or have made an investment of CDN$ 400,000.

  

In order to qualify for the Quebec Immigration Investor Program applicant must: (1) have at least three years of managerial experience in a profitable business; or (2) have at least three years of managerial experience in a government, governmental organization or international organization; (3) have accumulated through their own efforts a net worth of at least $800,000 Canadian dollars; and (4) have made an investment of $400,000 Canadian dollars, paid to Quebec-approved investment fund.

 

Selection

In addition, applicants are accessed on a point system. Unlike, the Skilled Worker  applicants, Investor applicants are only required to achieve a total of 35 points in order to qualify. Applicants are accessed on the following factors: (1) Education; (2) Business Experience; (3) Age; (4) Knowledge of English and French; and (5) Adaptability.

  

The investment of $400,000.00 is interest free, and is non-transferable, however, fully guaranteed by the participating provinces.  Repayment (without interest) is made five years and two months after the date in which payment is received by Ottawa.  This investment is fully guaranteed by the participating/recipient provinces, thereby ensuring repayment in 5 years. Applicants can make their $400,000 CDN investment anytime after an application has been submitted, however payment will not be required until immediately prior to a visa being issued.  Citizenship and Immigration Canada  in Ottawa will advise the visa office whether or not payment was received. In the event an investor has made an investment and a visa is refused, applicants will be advised and will be refunded their investment of $400,000.00 CDN within 90 days of a request for refund.

 

Features of the Investor Program

(1) Investors are not required to start a business in Canada; (2) investments are fully guaranteed by provinces and territories that participate in the program; (3) the provinces and territories control the investment during the five-year lock-in period; and (4) no immigration "terms and conditions" are imposed upon admission.

  

 

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