Business Investmentor Program
Some individuals will use investment as a route to Permanent Residence in Canada.
The Immigrant Investor Program was created in 1986 by the Government of Canada to promote the immigration of business people to Canada from around the world. At present, there are two routes to immigrate to Canada by way of investment: the Quebec Immigrant Investor Program and the Provincial Nominee Program for Entrepreneurs. The Quebec Immigrant Investor Program is specifically designed for experienced management professionals who desire to immigrate to Canada and settle in Quebec. The Provincial Nominee Program for Entrepreneurs was created to permit the other provinces of Canada to actively manage immigrant selection in accordance with provincial plans and priorities.
The Quebec Immigrant Investor Program
The Quebec Immigrant Investor Program is open to certain qualified investors who undertake to live in Quebec and make a passive investment of $800,000 via an authorized financial institution in the province. The investment amount may be financed through certain authorized intermediaries (i.e.$220,000 at current prevailing interest rates as of August 2016). The investor must have alone or with accompanying spouse, including de facto spouse, net assets of at least $1,600,000 CAN obtained legally, excluding the amounts received by donation less than six months before the date on which the application was filed.
Investors must have experience in management in a legal farming, commercial or industrial business, or in a legal professional business where the staff, excluding the investor, occupies at least the equivalent of two full-time jobs, or for an international agency or a government or one of its departments or agencies.