The Canada Business Immigration Category of visas was designed to
attract experienced business people to Canada. Successful candidates are those
who can invest in Canada, start businesses in Canada and generate revenues and
employment for Canadians.
The Canadian Immigrant Investor Venture Capital Visa Program started on
1 December 2010, but is not always available. The category is opened only when
Canada's immigration department – Citizenship and Immigration Canada (CIC) -
deems that Canada is in need of foreign investors, and is closed once those
needs have been met.
Eligibility: Net worth and investment
To be eligible for this visa category,
applicants must:
·
Have personal net worth of at least $10
million CND, which must;
Ø Have been acquired through legal business and/or investment, and;
Ø Must not have been acquired through inheritance, and;
Ø Must not be tied up in the value of your primary home (though other
property owned can count towards net worth)
·
Be willing and able to invest at least $2
million CND into Canada's Immigrant Investor Venture Capital Fund for 15 years
(see below for details of this fund).
Eligibility: Language skills
Applicants must have reasonable proficiency
in English, French, or both languages. To prove this applicants must
provide test results from:
·
The Canadian English Language
Proficiency Index Program (CELPIP), OR;
·
The International English Language
Testing System (IELTS), OR;
·
The Test d’évaluation de français (TEF)
Immigrant Investor Venture Capital Fund
Applicants must invest at least $2 million
CND into Canada's Immigrant Investor Venture Capital Fund for around 15 years
to be eligible for this visa. These investments are 'at-risk', meaning there is
no guaranteed return.
However, unlike the previous rules for this visa, investors do now receive
interest on their investment throughout the investment term – rather than only
once the term has expired.
To know more about Eligibility to apply under
this category, about the financial requirement , to do an evaluation of
your case and for a consultation , please contact us +1 647 673 7979 or
email to canada@canamericaimmigration.com