HOW TO BECOME AN INVESTOR IMMIGRANT TO CANADA - CANCELED
3,330 views · Published 25 May 2009 · 4:48 · Indexed 16 October 2026
Channel: Immigroup Inc · 2009 · News & Politics
THIS PROGRAM HAS BEEN CANCELED To learn more, see this article: https://www.immigroup.com/news/canadas-investor-immigration-program-cancelled More questions? Call us right now: 01-416-962-2623 This video provides information for immigrants who want to come to Canada as investors. In this video we will go over: The immigrant investor program Who can apply to the program How to apply to the program Acceptance to the program What is the immigrant investor program? This program seeks to bring experience business individuals to Canada who can invest $400,000 into the Canadian economy. The investment is managed by Citizenship and Immigration Canada, and is guaranteed by the Canadian provinces that use it. The program is run federally and within Quebec. If you wish to settle in Quebec, you must contact the Quebec government to determine specific requirements. Who can apply to this program? To be eligible for the program you must show that: You at least 2 years of business experience within a particular field. Similar to other immigration programs, CIC uses a selection grid to determine your eligibility. You must score at least 35 points. Your net worth must be at least $800,000 and you must have $400,000 to invest into the economy. You must be able to show you have enough money to support yourself and any dependants when you arrive in Canada. You must fulfill the requirements for a criminal check and medical exam. How do I apply for the program? There are 2 application processes; regular and simplified. Most people can use the simplified process, however, you must proceed with the regular if one of the following situations applies to you: You are applying to live in Quebec. You have been lawfully admitted to the United States or Canada for at least one year, and are submitting your application in Buffalo, New York. The Simplified Process Obtain and print an application kit. This includes an application guide and all the forms you need to complete. Determine where you will submit your completed application; in most cases it will be the country where you currently reside. Each visa office has different additional requirements which you should pay close attention to. Complete and submit your application, with all your supporting documents. Pay your fees to the appropriate authority. What happens after you apply? Once you submit your application a Citizenship and Immigration Canada officer will quickly review it to ensure you have done the following: Properly completed and signed your application Paid your government fee Included any necessary supporting documentation Incomplete applications will not be accepted by CIC and will be returned to you. Processing timelines vary according to the visa office where you made your application. Furthermore, your application will take longer to process if there are issues regarding your criminal security check, your current family situation is unclear due to pending divorce or custody proceedings, or if your specific visa office requires consultation with a citizenship office within Canada. In some cases, you may be contacted and asked to provide additional documents, or appear for an interview. What if I am approved? If the CIC office determines that you are eligible to apply for the program, you will be asked to submit your passport. Upon your approval, you must make your investment within a certain amount of time, typically 30 days. You will receive a notice from the visa office with specific instructions. Once you have done this, you will be issued a permanent resident visa. This is the document you will use to enter into Canada. Eventually you will travel to Canada to live. You will need to present a number of documents to the immigration officer at your port of entry. This information will be provided to you.
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