Canadian Investor Program
The Immigrant Investor Program seeks to attract experienced businesspersons, senior executives and capital to Canada. In the last five years, over 7000 investors have landed in Canada investing capital of over $2.5 billion.
Citizenship and Immigration Canada has announced a pause on the Investor Program and is currently not accepting any applications. As announced by Hon. Jason Kenney, Minister of Citizenship, Immigration and Multiculturalism on June 29, 2012, the Investor Program is expected to reopen in 2013 with a revised structure and requirements. Please check our website periodically for any updates.
If you have an application in queue under the old program, it is important to ensure that your application is complete and fulfills the criteria – Lalani & Associates will take up your case from this point forward and apply our expertise and experience to the fullest.
Old Program Requirements :
Investors must have business experience or management experience in a business for at least two years in the five years prior to the submission of their immigration petition, and in addition must meet the following requirements:
1. Legally obtained a net worth of at least $1.6 million CDN.
2. Make an investment of $800,000 CDN with the Receiver General for Canada. 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.
3. Must have either: (1) controlled a portion of the equity of a qualifying business: or (2) 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 to Canada.