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Tuesday 4 September 2012

Who can start a business in Canada


Investors

Note: As of July 1, 2012, CIC has temporarily stopped accepting applications for the federal Investor program to focus on processing the applications we already have while the program is reviewed. This pause on new applications will continue until further notice. It does not apply to the Quebec Immigrant Investor Program.
The Immigrant Investor Program seeks experienced business people to invest C$800,000 into Canada’s economy and become permanent residents. Investors must:
  • show that they have business experience
  • have a minimum net worth of C$1,600,000 that was obtained legally and
  • make a C$800,000 investment.
Your investment is managed by Citizenship and Immigration Canada (CIC) and is guaranteed by the Canadian provinces that use it to create jobs and help their economies grow.
If your application is approved, you must make your investment before a permanent resident visa will be issued. You must usually do this within 30 days. The visa office will send you a letter with instructions. Learn more about making your investment.
CIC will return your C$800,000 investment, without interest, about five years and two months after payment

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