Canada Residence by Investment. Canada, known for its wealth and strong trade market, offers pathways often referred to as a Canada investment visa, including the Start-Up Visa and the Quebec Investor Immigration Program.

To attract foreign investment to Canada and boost the economy, the government offers several immigration programmes for wealthy individuals and entrepreneurs. They encourage affluent individuals to relocate to Canada and/or do business there, offering them tax and other benefits. Apart from the financial contribution, the government aims to attract foreign talent, experience and innovation.

Benefits of investing in Canada

Canada’s economy is highly developed mixed economy. It offers endless opportunities for foreign investors and businessmen in exchange for their contribution in the local economy.

• High ranking in civil liberties, quality of life and economic freedom
• High level of education and healthcare
• Cultural, religious and ethnic tolerance
• Low crime rates
• High living standards and affordable housing
• Open, dynamic economy that offers numerous opportunities
• Free and democratic pluralistic society
• Fiscal incentives and low operating costs for businesses
• Visa-free/visa on arrival/e-visa travel to around 160 counties
• Dual citizenship

Eligibility and requirements

Besides making the required investment applicant must comply with the following criteria:

• Main applicant must be 18 and over.
• Clean criminal record and no breaches of immigration law.
• Good character.
• Intention to settle in Quebec.
• Legal source of funds for investment.
• Knowledge of French and English for entrepreneurs and self-employed.
• Education and work experience for entrepreneurs.
• Valid business plan for entrepreneurs.
• Financial self-sufficiency.

Investment routes

There used to be operating the Federal Immigrant Investor/ Entrepreneur Programmes, but they have been recently terminated. However, there are other regional immigration programmes for business people such as Quebec Investor, Quebec Entrepreneur and Quebec Self-Employed Worker programmes.

Quebec Investor

An investment agreement must be signed with an approved financial intermediary for the investment of C$1,200,000 for 5 years. The number of signed agreements is subject to a quota. The investment is guaranteed by the Government of Quebec. Financing options are offered to applicants by brokers and trust companies.

Requirements;

• At least 2-year management experience in planning, management and control of financial, human or material resources. This must be acquired in 5 years preceding the application.
• Net assets of C$2,000,000 acquired and available to you alone or together with your accompanying or de facto spouse at least 6 months before the application.

Quebec Entrepreneur

A business must be of agricultural, industrial or commercial nature. You must make a start-up deposit and a security deposit at a financial institution with an establishment in Québec with whom you have signed a deposit agreement. You must use the start-up deposit to set up your business. A start-up deposit for a business outside the Montréal Metropolitan Community (MMC) is CAD $200,000 or CAD $300,000 if the business is located in the MMC.

Requirements

• You must demonstrate that you will manage it yourself or you will participate in it as management and operations partner full-time on a daily basis (agricultural entrepreneur does not have to work full-time).
• You must control, alone or with your accompanying spouse or common-law spouse, at least 25% of the capital equity with a value of at least C$100,000.
• You cannot buy a business acquired by another entrepreneur under this programme in 5 years preceding your application.

Acquiring Canadian Citizenship

After three years (or 1,095 days) of permanent residence in Canada within a five-year period, successful applicants can apply for citizenship.

The Canadian passport holds one of the top 10 ranks worldwide, with visa-free or visa-on arrival access to over 180 destinations worldwide.

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