| INVESTORS
PROGRAM
The Canadian Immigrant Investor
Program was created by the federal government
to encourage the entry of business people and
their families into the country. Under this
program, potential investors who meet certain
requirements can obtain permanent resident status
in Canada.
The Program allows investors and their families
to obtain an unconditional Canadian permanent
resident visa.
- Investors will obtain
permanent resident status upon arrival in
Canada;
- Investors will be able
to live, work, study and do business in Canada;
- Investors will be able
to enter and leave Canada freely;
- Investors will be
able to apply for Canadian citizenship three
years after arrival in Canada.
Admissibility
Criteria
The program is meant for investors who want
to settle anywhere in Canada, except in the
province of Quebec. To qualify, an applicant
must:
- have net personal
assets of C$800,000 obtained legally;
- have operated or
directed a Qualifying Business, as defined,
or have managed at least five (5) full-time
employees for at least two (2) years within
the previous five (5) year period;
- invest C$400,000
in the Canadian economy (with the Receiver
General of Canada) for a period of five years;
- meet the prescribed
health and security conditions.
FEDERAL
INVESTOR VISA
Fresh business ideas and capital are integral
to the Canadian economy, and Canada provides
a business environment where your ideas can
thrive. The Federal Investor Program provides
an opportunity for foreign investors to invest
their capital in Canada.
Canada welcomes foreign investment into its
economy, and is offers many advantages for families
of foreign investors seeking to establish a
new home.
The Federal Investor Program is designed to
attract successful senior executives and business
owners who have the ability to invest in Canada
for at least five (5) years. Potential investors
who meet the minimum requirements are encouraged
to apply.
QUEBEC PROGRAM
The Quebec program is virtually the same as
the Federal program with the following important
distinctions: the investment is guaranteed by
the Province of Quebec; professionals such as
doctors, dentists, accountants and lawyers do
not qualify as management experience; one must
state an intention to settle in Quebec; the
investment proceeds are allocated to the Province
of Quebec rather than the English speaking provinces
and the five year investment period begins following
Quebec approval, even before the investor comes
to Canada. If the investor is refused by the
Federal authorities for a medical or security
inadmissibility, the investment is refunded.
Quebec's Immigrant Investor Program for Assistance
to Business was created by the Quebec government
in 1986 in order to favour the entry of business
people and their families into Quebec as permanent
residents on an unconditional basis.
The Program serves to provide subsidies to Quebec
businesses in the process of realizing admissible
projects. Under this program, potential investors
who agree to respect certain requirements can
obtain permanent resident status in Quebec,
Canada.
The Quebec investor program is much faster compared
to the Federal investor program. As a means
of promoting economic development across the
country, the Quebec Provincial government has
developed the Immigrant Investor Program to
facilitate the immigration process for business
people and investors. Immigrants who qualify
under this category benefit from expeditious
processing towards their Permanent Resident
Visa, without the restrictions found within
other categories. Through their Immigrant Investor
Program, Quebec welcomes thousands of experienced
business people and managers every year, leading
to Canadian Immigrant Visas and eventually citizenship
for themselves and their family members.
The Program allows investors and their families
to obtain an unconditional Canadian permanent
resident visa.
Admissibility Criteria
To qualify for the Program, an applicant must:
be at least 18 years of age;
have net personal assets of C$800,000 obtained
legally;
have at least three years of management experience:
- in a profitable and lawful agricultural, commercial
or industrial business;
- for a government, or one of its departments
or agencies;
- for an international organization;
invest C$400,000 with Investissement Québec
or one of its subsidiaries for a period of five
years;
meet the prescribed health and security conditions.
Top 10 Reasons to Invest in Canada
• Doing business in Canada costs less.
A 1996 comparison of location-sensitive business
costs in
Canada and the United States found Canadian
costs, on average, 15.7 percent lower. The overall
after-tax advantage is 6.7 percent.
• Canada is a gateway to the North American
market. Through the North American Free Trade
Agreement (NAFTA), companies based in Canada
have preferred access to a North American market
of 386 million people, with a combined gross
domestic product (GDP) of roughly US$11 trillion.
• You won’t find a higher quality
of life anywhere else. According to the United
Nations’ Human
Development Index, an aggregate measure based
on three composite indexes that rate life expectancy,
education and income, Canada ranked number one
in the world in 1995. (Canada Business Facts).
• Foreign direct investment is hassle-free.
Investment protection agreements and bilateral
treaties on double taxation allow easy foreign
direct investment. The accumulated stock of
foreign direct investment in Canada reached
C$168 billion in 1995, nearly double the 1985
value. (Canada Business Facts).
• Canada is the world’s leading
location for research and development (R&D).
Canada’s research and development (R&D)
tax incentive system is one of the most generous
among industrialized countries. This, combined
with the country’s highly developed infrastructure
and leading-edge researchers, led a 1995 (KPMG)
study to rank Canada first among 23 industrialized
nations as the best place for any company to
conduct R&D.
• Canada is a globally integrated trading
partner. In 1994, Canada led the G7 countries
in terms of
total trade as a share of gross domestic product
(GDP). Exports and imports taken together were
worth the equivalent of 66 percent of Canada’s
GDP. Canada is the seventh largest exporter
and the eighth largest importer in the world.
• Economic growth potential abounds. Canada
ranks fourth in the World Economic Forum’s
1997 study of economic competitiveness. Openness
to investment, a high level of infrastructure,
the availability of technology and management
expertise and a well-functioning system of public
safety and legal institutions were cited as
Canada’s strengths. (Globe and Mail).
• The Canadian market is rich and developed.
With an ethnically diverse population of over
30 million and an average family income of C$54,200
in 1995, Canada offers a valuable consumer market.
Canadians spend over C$500 billion annually
on consumer products, more than half of which
goes to buying services.
• Education is a priority. Canada ranks
first among G7 countries in per capita post-secondary
education enrollment with about 1.4 million
students enrolled on a full or part-time basis.
Almost 50 percent of the Canadian labour force
has a post-secondary degree, diploma or certificate.
• Exciting possibilities exist in some
of the world’s fastest-growing sectors.
In addition to its traditional strengths in
forestry, mining, fisheries and other natural
resource sectors, Canada has proven expertise
and growth in some of the most promising technological
areas of opportunity — information technology,
medical devices, biotechnology, pharmaceuticals,
Agri-food and semiconductors.
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