INVESTORS

The Immigrant Investor Program (IIP) allows applicants with qualified business experience and a legally obtained minimum net worth of $800,000 to immigrate to Canada provided that they make an investment of $400,000.

The $400,000 investment is administered by Citizenship and Immigration Canada (CIC) and is fully guaranteed by the Canadian provinces that use the investment to create jobs and help their economies grow. This investment can be financed by various government approved and recognized banks and credit unions which are members of the Canada Deposit Insurance Corporation. CIC will return your $400,000 investment, without interest, approximately five years and two months after payment.

The Investor Program seeks to attract experienced businesspersons and capital to Canada. This category is ideal for those who want to immigrate to Canada but who do not wish to be obligated to engage in any type of business/employment activity upon their arrival.

In order to qualify as an immigrant investor, you must first meet the regulatory definition for an investor and then obtain a minimum of 35 points in a selection grid designed to determine whether you will be able to become economically established in Canada

Eligibility

1. make a prescribed investment of $400,000, payable to the Receiver General of Canada.
2. have a legally obtained net worth of at least $800,000; and
3. for at least two one-year periods in the period beginning five years before the date of application, have either:
   1. managed and controlled a percentage of the equity of a qualifying business, or
   2. managed at least five employees or full-time job equivalents per year in a business, or
   3. a combination of a. and b. above

Qualified Business

To establish whether a business is a qualifying business during a year for the purposes of selecting investors and entrepreneurs, the business must not have been operated primarily for the purpose of deriving investment income (such as interest, dividends or capital gains), and the applicant must provide documentary evidence that the business meets at least two of the following criteria:

• the percentage of equity, multiplied by the number of full-time job equivalents, is equal to or greater than two full-time job equivalents per year;
• the percentage of equity, multiplied by the total annual sales, is equal to or greater than $500,000;
• the percentage of equity, multiplied by the net income for the year, is equal to or greater than $50,000; or
• the percentage of equity, multiplied by the net assets at the end of the year, is equal to or greater than $125,000.

CLICK HERE for a FREE Assessment of your eligibility to immigrate to Canada as a Investor.