Investor Immigration Program
Canadian Immigrant Investor Program visa happens to be the first category that comes under Canada business immigration. In order to become eligible for this type of immigration, you need to be ready and should have the ability to invest CDN $400,000. The investment thus made by the applicant will be kept with Canada's Receiver General.
Such investment made by you will be used by the participating provinces of Canada in creation of new jobs and help the local economies develop. The amount invested by you (without any interest) will be handed back to you once you become Canadian permanent resident in a period of about five years.
A large number of people wanting to go to Canada as business immigrants will find it easy to meet the criteria of minimum net worth required under this type of immigration. However, they might not be willing to keep their money tied up for five years and that too without getting any interest or they might find it difficult to raise the assets in a short span of time. So, for all such candidates, a good option is to get your investment financed. Another option is to get a loan of nearly 70 percent of the amount to be invested from any bank or financial institution situated in Canada. In financing your investment, you will seek help of CIC which has numerous agreements with different Canadian financial institutions to ease the process of investment financing.
Quebec Investor Program
Under this program, applicants having sufficient experience of doing businesses, having great capital amount with them, and having interest to make investments in Quebec are preferred.
The eligibility criteria for this program is stated below. The applicants should:
- Show a minimum of three years management experience in a government, business enterprise or other society;
- Have in their possession funds worth at least CDN $800,000 acquired legally;
- Invest $400,000 either with a trust company or with a stockbroker for a period of 5 years.
Please visit workpermit.com's assessment form for Canadian business immigration to see if you qualify!