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Investors
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The Business Immigration Program includes three classes of foreign nationals: Investors: The investor class applicant must have a net worth of at least $1.6 million. They are required to make an investment of $800,000, paid to the Receiver General of Canada. The investment is subsequently allocated to participating provinces and territories in Canada. These governments use the funds for job creation and economic development. The full amount of the investment (without interest) is repaid to the investor after five years. The exact date of repayment depends on when the $800,000 is received by Citizenship and Immigration Canada. At the latest, the amount would be returned five years and 3 months after the date of payment. The return of the investment is fully guaranteed by participating provinces and territories. Features of the Investor Program • Investors are not required to start a business in Canada; • Investments are fully guaranteed by provinces and territories that participate in the program; • The provinces and territories control the investment during the five year lock-in period; and • No immigration conditions are imposed upon admission to Canada. |
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