Information about Canada Immigrant Investor Program

Recognized as the fastest way of getting a permanent residence in Canada, the Canada Immigrant Investor program got an immense popularity among those immigrants who have a business background and wonderful desire to start their business venture in North America.

The Canada Immigrant Investor program includes lots of privileges and benefits, and attracts the immigrants from across the world to settle down in the country and start their own business or joint venture with Canada based company.

Although the program has doubled its investment requirement (from CAN $400,000 to CAN $800,000), still it has successfully continued its same reputation among people. Apart from investment requirement, the applicants must be capable of demonstrating a personal net worth of CAN $ 1.6 million, which is necessary to qualify the requirement of the program.

The increasing number of applications over the last few years prompted the Canadian government to double the figure of financial requirement. Moreover, the applicants also need to show that they possess two years of business management experience within the last five years. Besides, fulfilling requirements like health, character and security, are something that must be taken into consideration by the applicants.

In return of fulfilling all the requirements, the applicants obtain a permanent resident right and also get lots of privileges that include live, study, work, and education and start business in the country. Once they obtain visa, they are allowed entering or leaving Canada frequently and also applying for a Canadian citizenship after 3 years.

Moreover, those who are interested to live and work in the province of Quebec must go through the Quebec Immigrant Investor program and apply for a visa. Although financial and investment requirement for the Quebec Immigrant Investor program is same as those of Canada Immigrant Investor program, still it is slightly different from Canada immigrant investor program.

Leave a Reply

Your email address will not be published. Required fields are marked *