Citizenship by Investment in Canada

An applicant who wishes to move to Canada always lives up with a dream of grabbing Canadian citizenship. Getting Permanent Residency (PR) of the nation is an initial step toward its citizenship. Though federal and provincial governments have opened up several gateways for easy and hassle-free immigration, investment programme is emerging as an easy and a prominent gateway approached by the migrants across the globe.

Capital investment funds–One of the most important features of this scheme is its investment policy. The applicant gets two options of investments. He can either invest 800000 Canadian Dollars or pay a one-time fee of 240000 Canadian Dollars.  Both ways proffer PR in the nation. This initial amount should be legally earned by him through legal means. Moreover, this total amount could be of both husband and wife. Apart from investing money, it is also expected from the wishful migrant that he possesses enough funds to maintain his living in the country. He should have enough funds to meet his living and return back expenses.

Managerial skills–A candidate holding respectable managerial post in his country for 2 years in the last 5 years is eligible for this investment programme. He needs to prove that he owns a company or has worked at manager level for 2 years. Experience in the field is not just enough, it is also expected that he will actively participate in the working of the company by paying regular visits.

Mandatory conditions–Apart from the necessary capital funds, two years managerial skills, its applicant’s health and character certificate that may restrict his entry into the nation. Health and character certificate is an important feature of the investment programme. Failure in any of these two aspects may deny entry to the Maple Leaf Country.

When an applicant invests in the country, numerous employments opportunities are created for residents. In return of this investment and addition made to the economy, the candidate is granted PR. This residency gets converted into citizenship when the migrant follows the rules and regulations of the government while living in the country.

Grabbing citizenship by investment in Canada allows him to enjoy the following benefits-

1. Increased earnings–His earnings increase as he starts earning in dollars. This increases his standard of living thus fostering him with the opportunity of enjoying several necessities and luxuries.
2. Freedom to nominate his family members–When an applicant gets the PR, then he is entitled to sponsor his family members.
3. Enjoys same rights–The dependents and family members also enjoy the same rights as enjoyed by the migrant.
4. Liberty of education and working–The candidate and his dependents also enjoy the freedom of living, working and studying in the country.
5. Stands nominated for citizenship–When a candidate legally abides the rules of the country, then his PR is changed into citizenship. Through citizenship by investment in Canada he becomes eligible to vote and get high security jobs.

For more information about Citizenship by Investment in Canada, please contact me at mustaqali@abhinav.com.