Canada Residency By Investment, Startup Visa, Golden Visa, & Investor Visa
The Canada residence by investment program has been running since 1986. The previous program, the Canadian Immigrant Investor Program, was highly successful in attracting billions in foreign capital over the years. In 2012 the CIIP was closed, leaving only the Quebec Immigrant Investor Program open for high-net-worth individuals (HNWI) to relocate into Canada. By applying to the QIIP you must express the intent to reside in the province of Quebec. Permanent residents can apply for Canadian citizenship after 3 years of residence. Canada has one of the highest quality of life ratings and its passport is one of the world’s best, with visa-free travel to Europe and the U.S.
Location
North America
Population
37 million
Capital
Ottawa
Currency
Canadian Dollar (CAD)
Language
English, French
Canada immigrant investor:
Investment Amounts
Application Process
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STAGE 1: Month 1
Gather the necessary documents and submit the application, along with the Quebec application fees.
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STAGE 2: Month 5-6
Applicant may be required to pass an interview with an immigration officer.
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STAGE 3: Month 9-10
The applicant receives the Quebec Certificate of Selection. Upon receipt, the applicant files for permanent residency with the Federal Government.
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STAGE 4: Year 3
Receipt of the Certificate of Permanent Residence.
Benefits
- Applicants are not required to be tax resident in Canada
- Naturalisation possible after 3 years of physical presence in Canada
- French-speaking applicants can benefit from an accelerated process and an out-of-quota submission
- Applicants can bring their children up to 21 years of age
Requirements
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- Main applicant must demonstrate 2m CAD of net worth and prove the origin of the funds
- Main applicant must demonstrate business experience of at least 2 years
- Provide a police report and be of good character
- Provide a medical certificate
- Must intend to settle in Quebec
- Permanent Residents are required to be physically present in Canada for 2 out of 5 years
Canada immigrant entrepreneur:
In Canada, each Province can nominee its immigrants and in the case of Quebec, select them. The most popular Immigrant Entrepreneurs programs are those of British Colombia, Ontario, Quebec and the Federal Startup Visa. They enable foreigners to establish a business in a specific province and gain residency in Canada. The great benefit of the path is that it provides the quickest way into Canada. Also, investment requirements are relatively low. After 6 months of being admitted you are eligible for permanent residence. Then after 3 years, you are eligible for Canadian citizenship.
Investment Amounts
BC PNP Entrepreneur Program
Investment amount | 200,000 CAD OR 100,000 CAD for the regional program |
Application fees | 3,500 CAD + 5,000CAD (estimated due diligence cost) |
Ontario PNP Entrepreneur Program
Investment amount | 600,000 CAD OR 400,000 CAD outside of Greater Toronto |
Application fees | 3,500 CAD + 5,000CAD (estimated due diligence cost) |
Federal Startup Visa
Investment amount | 75,000 CAD from Angel Investors or 200,000 CAD from Venture Capitalists |
Application fees | Processing fee 1575 CAD and right of permanent residence fee 500 CAD |
Application Process
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STAGE 1: Month 1
Each program has a different process, but most of them are pts-based. Meaning based on your profile (age, experience, project etc…) you will receive a certain amount of points. In the cases of BC and Ontario, you must first register an online Expression of Interest (EOI). Your online EOI is entered into the selection pool and ranked by points. Periodically, registrants are selected and invited to formally apply to the Entrepreneur program. If you are invited to apply, you can submit a complete application and application fees.
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STAGE 2: Month 4
If your application is approved, you will sign a Performance Agreement outlining the commitments you have made in your EOI to invest and create jobs in the province. You will be issued a temporary work permit support letter to apply for a temporary work permit from IRCC.
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STAGE 3: Month 6
You can receive your temporary work permit and can land in Canada. If you meet the commitments of your Performance Agreement, you may be eligible for permanent residence within six months of being nominated..
Benefits
- Fast processing time
- Low investment requirements
- Financing above the minimum amount possible
- Allowed to purchase an existing business in most cases
- Innovative Startups get more points
- Spouse and children until 19y-old can qualify
Requirements
- Active involvement in the business
- A Net worth of 400,000 CAD and more to show in some cases
- If selected by a province, you need to settle in it until PR
- Create at least 1 job in most cases
Let us help you!
As a trusted golden visa & citizenship by investment agent, our team is equipped to assess the ideal options for your unique situation, facilitate your application process, and keep you in compliance every step of the way. Our personalized investment migration consulting is your one-stop shop for obtaining a second citizenship or new residency. Fill out our contact form to get started with a complimentary consultation today.
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