RESIDENCY VISA PROGRAMME IN CANADA

CANADIAN START-UP VISA PROGRAMME

The Canadian Start-Up Visa Programme (SUV) targets immigrant entrepreneurs with the skills and potential to build innovative businesses in Canada that can create jobs for Canadians and compete on a global level. Eligible applicants must invest CAD $350,000 into a Canadian “authorized designated organization”. Accredited investors must also demonstrate their net worth with an income of at least $200,000 or proof of $1,000,000 of financial assets.

The SUV programme offers a fast and cost-effective immigration route into Canada that provides Permanent Residency (PR). Unlike other business immigration paths, the PR status is not tied to the success of the business.

Investors can include their spouse and children 21 years of age and younger. Successful applicants can live anywhere in Canada other than the province of Quebec. This programme takes as little as 12 – 18 months

CANADIAN PERMANENT RESIDENCY AND CITIZENSHIP

Following a successful application, investors and their families will be issued Permanent Residency status from day one. Investors must reside in Canada for 730 days (two years) within five years to uphold the PR status. If investors live in Canada for three out of the five years (1,095 days) it is then possible to apply for Canadian Citizenship. Citizenship applicants must demonstrate adequate knowledge of English and/or French and have no criminal record.

 

From $350k + costs

Business Investment

Full Family Permanent Residency

Live, work, study

Citizenship from 5 years

QUEBEC IMMIGRANT INVESTOR VISA PROGRAMME

Quebec operates its immigration laws at a provincial level and therefore has its own programme. The Quebec Immigrant Investor Programme (QIIP) is the only provincial program allowing for passive investment.

Applicants must have acquired a $2.0 million Canadian dollar net worth, agree to invest $1,200,000 Canadian dollars for 5 years, show intention to reside in Quebec and have a minimum of two years’ management in a company during the last five years and have had a minimum of two full-time employees.

The Quebec Immigrant Investor Programme will accept an annual 1900 applicants. No more than 1330 applicants will be accepted from any single country. Completing an application is a lengthy process and only completed applications will be considered.

FINANCING THE QIIP

Most investors elect another route to meet the QIIP requirements, known as “walkaway financing.” Instead of investing the full CAD$800,000, investors may obtain financing from a Financial Intermediary where they will receive no return at all. Instead, they pay a substantially lower amount. Under current market terms, most investors can receive “walkaway financing” with an approximate CAD$350,000 investment.

CANADIAN RESIDENCY PERMIT

After obtaining approval from the provincial immigration body, the investors are eligible to apply for immigration (a Residency Permit) through the Federal system.

Applicants interested in the Quebec Immigrant Investor Programme should contact La Vida for further advice and apply as soon as possible for consideration in this year’s quota.

Related Programmes