Federal Investor Program

The federal Immigrant Investor Program, also referred to as the Immigrant Investor Venture Capital Pilot Program, is currently closed. Its reopening has not yet been announced for 2016.

In order to qualify for the Investor program, you must be able to prove that you have a net worth of at least CDN$10 000 000 from legal business activities or investments in the private sector.

As an investor, you must also make a non-guaranteed at-risk investment of CDN$2 000 000 with the Immigrant Investor Venture Capital (IIVC) Fund. According to Immigration, Refugees, and Citizenship Canada (IRCC), this investment must be committed for about 15 years.

In order to qualify as an investor, you must also respect certain criteria relating to language abilities in French and English.

Finally, in order to qualify for the federal Immigrant Investor Program, you must respect IRCC’s academic requirements. You must have obtained a degree, diploma, or certificate following at least one year of postsecondary studies in Canada or have obtained an equivalent diploma abroad. In the second case, this diploma must be accompanied by an Educational Credential Assessment (ECA) report issued by an IRCC-approved organization. This report must confirm that your diploma is equivalent to a diploma obtained after at least one year of postsecondary studies in Canada.

For any questions regarding the federal Immigrant Investor Program, do not hesitate to contact us.

Quebec Investor Program

Business people wishing to permanently establish themselves in Quebec may submit an application as investors if they respect the requirements relating to the program.

In order to qualify for the Ministère de l’Immigration, de la Diversité et de l’Inclusion’s (MIDI) Investor Program, the candidate must prove that they have a net worth of at least CDN$1 600 000. The candidate must also prove their experience managing a company. Finally, the candidate must prove their intention to establish themselves in Quebec and sign an investment agreement of CDN$800 000 with an authorized financial intermediary.  The candidate may invest $800 000 for 5 years with Investissement Québec, which will be reimbursed at term. They may also finance the investment, which will not be subject to reimbursement.

The MIDI has been accepting applications presented within the Investor Program since August 31st 2015. It will accept to receive a maximum of 1 750 applications until January 29th 2016 or until the quota has been reached.

However, candidates wishing to submit a permanent residency application under this program will not be subject to the quota if they prove, by means of a MIDI-approved test, that they have an intermediate advanced knowledge of the French language.

For more information regarding the Quebec Investor Program, we invite you to contact us.

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