Invest in Canada. Invest in your quality of life…
This program is a pilot program for applicants who have a high net-worth and who have the ability to invest in the Immigrant Investor Venture Capital Fund (IIVCF). This program has been designed to allow foreign investors to contribute to Canada’s economy by way of investment and settle with their families anywhere in Canada with the exception of Quebec. The significant investment required will lead to job creation and economic development.
To qualify for this program, applicants must:
• Make a $2 million CDN investment that is non-guaranteed in the immigrant investor capital fund for 15 years.
• Have a net worth of a minimum of $10 million CDN acquired through a verifiable and lawful private sector business or investment (inheritance or value of primary home do not count).
• Have a basic level of language skills in either English or French.
• Have one year of post-secondary education equivalent to that of one year of Canadian education.
Once Citizenship and Immigration Canada (CIC) renders the application complete, a due diligence report is required by the applicants. The due diligence report is an independent evaluation and validation of your net worth, past professional experience and source of funds. Due diligence reports are executed by CIC-designated organizations.
Please note that the non-guaranteed investment is defined by CIC as an at-risk investment, which means that there is no guarantee of a full (or-partial) return of the investment (in the IIVCF) after the 15 year period.
In 2015, Citizenship and Immigration Canada accepted applications for this program for a very short period of time.
While only 60 applications are to be approved in the first quarter of 2015, only 500 applications are selected at random by Citizenship and Immigration Canada.
Contact us to book your FREE business immigration consultation for assessment with Danielle Thériault, RCIC. The consultation will be held by teleconference with our Regulated Canadian Immigration Consultant (RCIC) to discuss your options for immigration under a Federal or Provincial business program.