What You Need To Know About Canada Immigration
The Canada Immigration Investor Programme as the name suggests specifically targets immigrants who are of an entrepreneurial bent and are self employed; and it gives priority to those who have capital to investment, those who are business savvy and can earn on their own terms.
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The Canadian business immigration programs also seek to develop new commercial opportunities and improve access to growing foreign markets by welcoming people who are familiar with those markets and their special requirements and customs.
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What Are The Requirements Of The Canada Immigration Investor Programme?
Persons who have garnered business and managerial expertise by way of experience and have a significant amount of capital or a relatively high net worth are more than likely to qualify for a Canadian Immigration (permanent resident)
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- Entrepreneur Start Up Visa Programme: In order to get a Start-Up Visa Entrepreneurs must be able to obtain capital and support from a designated Canadian investment organization. They must draft a business plan that is particularly tailored to meet the needs of the Canadian market.
- Immigrant Investor Venture Capital Pilot Programme: In order to qualify investors are required to have a net worth of $10 million and should invest $2 million in Canadian start up programs over a 15 year period. This initiative should yield significant profit.
- Self- Employed Persons Programme: This applies to investors who are self employed and can support themselves and their family on their own salary. This is usually granted to farmers, athletes and artisans.
In addition to the above mentioned Canadian Programme, Quebec has a specific Investor/Immigration Programme
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Quebec Business/Investor Immigration
The program is available to individuals who have acquired entrepreneurial, investor, or self-employed experience and wish to settle in the province of Quebec.
In order to qualify for this program potential investors under the Quebec Business/Investor programs must show that they are capable of being financially stable.
Upon provincial approval, candidates will receive a Certificat de sèlection du Quèbec (CSQ, or Quebec Selection Certificate).
The CSQ is the official document issued by the government that allows an individual to acquire a Canadian Immigration (Permanent Resident) Visa once health and security aspects of the process have been completed.
There are three programs, each with its own requirements and selection process:
Quebec Investor Programme
To qualify as an investor, an individual must have a net worth of at least CAD$1.6 million, must have been an efficient manager and be willing to make a government-secured investment of CAD$800,000 for a period of five years.
Financing of this investment is available through Canadian financial institutions.
Quebec Entrepreneur Programme
To qualify as an entrepreneur, an individual must have a net worth of at least CAD$300,000, have managerial experience in running their own business or must have operated a business and they should willing and able to start up a business or acquire a business which will create at least one incremental job.
Self-Employed Person Programme
To qualify as a self-employed person, an individual must have a net worth of at least CAD$100,000 and must have a profession or trade that he or she intends to practice in Quebec.