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PERMANENT STATUS / BUSINESS IMMIGRATION

Investors

For Investors Businessmen:


An applicant who is intending to settle in Canada as an investor must have legally obtained a networth of at least $800,000 CDN and must be ready to make a five-year investment of $400,000 CDN into the economy of Canada paid to the Receiver General of Canada. The full amount of the investment is repaid without interest upon expiration of the five-year term. The payment is fully guaranteed by the Canadian government. The deposit of the investment is made prior to visa issuance.

Another option to invest into the economy of Canada is to borrow up to $280,000 CDN of the required $400,000 investment. In such case, the applicant has to deposit irrevocable $120,000 CDN, which equals to the actual cost of charges for the loan of $280,000 for five years. At the end of the five-year period the initially deposited amount would not be repaid to the applicant, and thus he/she would fulfill the immigration investment requirement.

Besides, the applicant must demonstrate that he/she has had business or management experience and has controlled a percentage of equity of a qualifying business The five-year full-time business experience is granted the maximum 35 points. In addition to the work experience evaluation, the applicant is assessed against four selection factors such as age, adaptability, language skills, and education. The pass mark for these business class immigrants is 35, whereas the maximum possible score is 100 points. The pass mark is variable and is determined by the Minister of Citizenship and Immigration Canada on an ongoing basis.

The difference between two business programs – the investor and entrepreneur - is that the first one is not required to start business in Canada. The immigration obligation would be fulfilled by investing the required amount into the economy of Canada.

for at least two years in the period beginning five years preceding the application or has managed at least five full-time job equivalents per year for at least two years in the period beginning five years preceding the application.

*Fee for processing of the application:
$1.050 for the applicant

**Right of permanent residence fee (Landing visa):
$490 CDN for the applicant and for spouse or common-law partner and for each dependent child over 22 years
$550 for spouse or common-law partner and each dependent child over 22 years
$150 for each dependent child under 22 years

Fee schedules:

*The fee is not refundable
** The fee is refundable if CIC did not issue a visa due to problems with criminal records or medical examination.


 
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