How can I qualify under the Immigrant Investor Program?
NOTE: The Federal Investor Program was terminated on June 19, 2014.
Under the Federal Investor Program, you must have:
- A net worth of at least CAD$1.6 million, lawfully obtained;
- The funds to invest CAD$800,000 (financing available) for five years with Immigration, Refugees and Citizenship Canada (IRCC), which acts as an agent on behalf of provincial and territorial investment funds; and
- Managed and owned an equity interest in a qualifying business, as defined under IRCC Regulations; or, managed/supervised at least five employees for a period of two years within the last five years.
As an Immigrant Investor planning to reside in the Province of Quebec, you must have:
- A net worth of at least CAD$1.6 million, lawfully obtained;
- The funds to invest CAD$800,000 for five years in a government of Quebec guaranteed investment fund; and
- Managerial experience in a commercial, industrial or agricultural enterprise; or managerial experience in a government, governmental organization, or international organization for a period of two years within the last five years.
NOTE: The Immigrant Investor Venture Capital Pilot Program is temporarily closed and is not accepting new applications at this time.
As an Immigrant Investor planning to reside anywhere in Canada, other than in the Province of Quebec, under the Immigrant Investor Venture Capital (IIVC) Pilot Program, you must have:
- A net worth of at least CAD $10 million, lawfully obtained;
- The funds to invest CAD $2 million for 15 years in the Immigrant Investor Venture Capital Fund;
- demonstrate sufficient language proficiency (CLB 5) in either English or French in all four language abilities (reading, writing, speaking, and listening) by providing results from a language competency test taken in the past two years at an approved testing agency; and
- Have a Canadian post-secondary degree, diploma, or certificate of at least one year; or
- Have a foreign equivalent as validated by an Educational Credential Assessment (ECA) report from a designated organization.