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.