What is the purpose of the Immigrant Investor Program?The Immigrant Investor Program (IIP) seeks to attract experienced business people and/or professionals with solid business or managerial experience, who can contribute to the development of a strong and prosperous Canadian economy with their capital, know-how, skills and experiences.
Under this program, you and your family become Permanent Residents of Canada and enjoy the highest quality of education for your children, medical service for your family and many other benefits that Canada would offer to you.
Who can apply?In order to apply immigration to Canada under Immigrant Investor Program, you must have;
- at least two years of business experience* within five years of applying,
- 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 for five years without interest,
There are ways to finance $800,000 investment amount.
- proof that you have sufficient funds to support yourself (and your dependents, if applicable) after you arrive in Canada,
- obtain a minimum of 35 points in the selection grid, and
- the ability to meet medical and security requirements.
Which program to apply?
There are two Immigrant Investor Programs:
Federal Investor Program if you want to settle anywhere in Canada except Quebec
Quebec Investor Program if you plan to settle in the Province of Quebec (primarily French speaking)
|Federal Program||Quebec Program|
|Minimum Net-Worth Requirement||Must have legally obtained net worth of at least C$1,600,000 (including spouse)||Must have legally obtained net worth of at least C$800,000 (including spouse)|
|Investment Requirement||Must deposit C$800,000 for 5 years with Canadian Government, at 0% interest||Must deposit C$400,000 for 5 years with Quebec Government, at 0% interest|
|Investment Period||63 months||60 months|
|Investment Security||Provincial guarantees||Quebec guarantee|
|Business / Management Experience Requirement||Must have managed five full-time job equivalents per year for at least 2 years within the last 5 years before the application date ORMust have owned and managed a qualifying business that meets any two of the four requirements for at least 2 years within the last 5 years before the application date||Must have at least 2 years managerial experience in the 5 years preceding the application. Assumed duties related to the planning, management and control of financial, human or material resources acquired through - a legal farming, commercial or industrial business; or - a legal professional business where the staff, excluding the candidate, occupies at least the equivalent of 2 full-time jobs; or - an international agency or a government or one of its departments or agencies.|
|Permanent Residency||Anywhere in Canada, outside of Quebec||Province of Quebec|
How to apply?
If you think you meet the Immigrant Investor requirements and you and your family are ready to start your new life in Canada, or you have more questions, please contact Connecting to Canada.
NOTE: Federal Investor Immigrant Program is currently on hold due to the requirements to make necessary legal amendments with the increase of Investment amount and net worth requirement as of June 26, 2010 (which was before 400,000C$ and 800,000C$ respectively). The program is expected to start again in the Fall 2010. Quebec Investor Immigrant Program continuous to accept application under the old requirements until these amendments take place.
CONTACT CONNECTING TO CANADA FOR MORE INFORMATION