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Canadian Immigrant Investor Program
The Immigrant
Investor Program seeks to attract experienced businesspersons,
senior executives
and capital to Canada. In the last five years, over 7000
investors have landed in Canada investing capital of over $2.5
billion.
Requirements
Investors must have had a controlling interest
business experiance or
management experience in a business for at least two years in
the five years prior to the submission of their immigration
petition, and in addition must meet the following requirements:
1. Legally obtained a net worth of at least $1.6 million CDN.
2. Make an investment of $800,000 CDN with the Receiver General
for Canada. The full amount of the investment (without interest)
is repaid to the investor after approximately five years. The
return of the investment is fully guaranteed by participating
provinces and territories.
3. Must have either: (1) controlled a portion of the equity of a
qualifying business: or (2) been responsible for the management
of the equivalent of at least five full-time jobs per year in a
business, for at least two years in the five years prior to
submitting their application for immigration to Canada.
4. Qualifying Business: To establish whether the business
qualifies under the program, the applicant must provide
documented proof supporting two of the following criteria:
|
· |
The percentage of equity,
multiplied by the number of full-time job equivalents, is
equal to or greater than two full-time job equivalents per
year; |
|
· |
The percentage of equity,
multiplied by the total annual sales, is equal to or greater
than $500,000; |
·
|
The percentage of equity,
multiplied by the net income in the year, is equal to or
greater than $50,000; or the percentage of equity,
multiplied by the net assets at the end of the year, is
equal to or greater than $125,000 |
Management
Experience
As an alternative to actual ownership, investors
may qualify by providing documentary proof that, over any two of
the last five years, they have managed at least 5 full-time
employees in a business. Broadening the definition to include
individuals who have exercised significant senior managerial
control over businesses of a substantial size allows for the
selection of senior management in a relatively large
organization, notwithstanding that such managers may have not
have an ownership interest or have assumed entrepreneurial risk
directly.
Selection Grid
In addition to the above requirements, Investors
will be assessed against the following selection grid:
Applicants must obtain a minimum of 35 points.
|
Factors
Assessed |
Maximum Points |
|
Education |
25 |
|
Business
experience |
35 |
|
Age |
10 |
|
Proficiency in English and/or French |
24 |
|
Adaptability |
6 |
|
TOTAL |
100 |
| |
|
At Lalani & Associates we offer numerous investor
programs related to immigration in collaboration with financial
institutions such as HSBC Capital Inc., Desjardins and Arton
Capital.
We invite you to take advantage of this opportunity by filling
out our
free assessment or contacting us at
assessment@lalani-associates.com |
