Citizenship and Immigration Canada established the Immigrant Investor Program to promote economic development and employment in Canada by attracting people with capital, business acumen and/or solid managerial skills for business immigration to Canada.
As an immigrant investor, you and your immediate family can obtain Canadian immigration (permanent resident) visas by investing CAD$800,000 for five years with the government of Canada. Applicants to this program must intend to reside in any Canadian province or territory except Quebec. The investment is government guaranteed, assuring that your CAD$800,000 will be reimbursed in full at the end of five years. No interest is paid on your investment.
Federal and Quebec governments have similar criteria for accepting applicants who have business ownership or mangement experience in addition to certain amount of assets obtained legally. You could qualify with two years of managerial experience in the last five years (having managed at least 5 individuals) and a networth of 1,600,000 Canadian dollars. Upon approval, you are required to deposit the amount of $800,000 for a period of 5 years after which your deposit will be returned back to you with no interest. Majority of clients use financing option by which an intermediary (usually the banks) will lend you the funds for a fee.
Pars National Consultants is a leading firm in represnting investor clients with high rate of success. We value our investor clients by dedicating our time and expertise in getting them positive result. So call us and let us discuss your options as an investor.