If you are an experienced investor looking for a new opportunity, you may be considering immigrating to Canada. The good news is that canada startup visa lawyer welcomes immigrants who can contribute to the economy and create jobs. The bad news is that the process can be complicated and there are certain requirements you must meet in order to be eligible. In this blog post, we will outline the requirements for investor immigration to Canada so that you can begin the process of applying for a visa.
The first step for gaining immigrant status in Canada as an investor is to meet the necessary financial requirements. Investors must have a net worth that meets or exceeds CAD$2 million, made up of personal and business assets. The majority of this must be unencumbered, meaning not already committed to other investments or liabilities. In order to prove your net worth, you will be asked to provide evidence of your assets.
The second requirement for investor immigration is related to business experience. Applicants must have at least two years of recent management or executive-level experience in a qualifying business. This definition includes any type of private business such as a proprietorship, partnership, joint venture or corporation. This experience must have been obtained within the five years preceding your application, and you must be able to demonstrate that this business was successful.
Finally, investors immigrating to Canada will need to make a commitment to invest CAD$1.5 million in the Canadian economy. The investment is typically made through a designated financial intermediary such as a venture capital fund, angel investor group or business incubator. While the investment may be made in any sector of the economy, it must be shown to create at least one job for a Canadian citizen or permanent resident.
Requirements for Investor Immigration to Canada
In order to be eligible for investor immigration to Canada, you must meet the following criteria:
You must have a net worth of at least $1,600,000 CAD. This can be in the form of liquid assets or property.
You must make a minimum investment of $800,000 CAD into a Canadian business.
You must create or preserve at least 3 full-time jobs for Canadian citizens or permanent residents.
You must have management experience in a qualifying business.
Your business must be registered and operating in Canada.
You must intend to live in the province where you are making your investment.
Conclusion:
If you meet the requirements for investor immigration to Canada, the next step is to begin the application process. This can be done online through the Citizenship and Immigration Canada website. Be sure to have all of the required documentation ready before beginning your application. Once your application has been reviewed, you will be contacted for an interview. After your interview, you will either be approved or denied for investor immigration to Canada. You can reapply if you are denied, but it is important to note that each application is reviewed on a case-by-case basis. If you have any questions about the application process, feel free to contact us and we would be happy to assist you further!