Canada Business Investment Immigration Visa

To attract the global companies to invest in Canadian economy the government of Canada has created Canadian Immigrant Investor Program (IIP) or Canada Investor Visa, through this initiative government wants to promote the immigration of business people and families. With this program the qualified investors can obtain Permanent Resident status in Canada, under this program successful applicant and their family members will receive permanent Canadian residential visas and they are also eligible to obtain Canadian citizenship.

The business friendly policies from the Canadian government to attract the investor has been well received by the investors, Canadian Investment Program has been considered as one of the most popular investor immigration program in the world. The criteria's under this program has not been changed since its inception and it is one of the least expensive investor programs.

There are many eligibility criteria's needs to be fulfilled in order to obtain Canada Investor Visa such as:

• The Candidate must have at least two years of managerial experience
• Should have a minimum net worth of CDN$ 1.6 million, candidates must then invest CDN$ 800,000 with the Government of Canada for five years and it will be returned to the candidates OR they have to make a one –off, non- refundable payment of approximately CDN$ 120,000.
• Once the application has been submitted under this program they are not allowed to switch to another program.

Investment criteria

• Investor to have a personal net worth of at least CAD$600,000
• If invited to apply, investor must include a review of personal net worth completed by a qualified accounting firm
• Propose a business plan that has a strong likelihood of sustained commercial viability
• As part of the business plan, propose to make a minimum personal investment of CAD$200,000 in eligible expenses and create at least one new job in the proposed B.C. business
• If investor proposes a Key Staff as part of the application, the investment requirement increases to CAD$400,000 and the job creation to three
• Demonstrate that investor will have an active management role in the day-to-day operations of the business in B.C.

Timeline

• 3 to 4 months for invitation
• 18 to 20 months for work permit approval
• Post this, 6 to 7 months Permanent Residence application to be approved

Eligibility

• Successful and experienced: Investor is knowledgeable and have a strong background in the sector of the proposed business in B.C.
• Investment-ready: Investor have transferable skills, experience and investment funds, and are ready to execute the business proposal
• Prepared: Investor understands how they can make proposed business profitable, the risks, the local business conditions and the required resources
• Confidence : Investor to have confidence in business ventures
• Adaptable: Investor can demonstrate the due diligence have been undertaken to fully understand the local business environment

Benefits of BC Provisional Nominee Program

• Access to all rights of an Canada citizen protected by Canadian legislation and regulations,
• Earlier entry for business immigration
• Retain control of the funds actively by the investor
• No language proficiency levels required
• No need to have new minimum net worth and investment requirements of the Federal Investor Program
• Inclusion of family members, such as spouse or partner, dependent children and dependent parents.
• Selection into the programme leads directly to Permanent residency

Processing Workflow of Application