Canada residence by investment Program

Canada is frequently voted one of the best countries in the world to live in. It is well known for its high standard of living, clean environment, low crime rate, and outstanding infrastructure.

Residence by Investment Overview

The Canada Start-Up Visa (SUV) Program allows foreign entrepreneurs the opportunity to create an innovative business in Canada and apply for permanent residence.

Wealthy individuals who invest in Quebec through the Quebec Investor Immigration Program (QIIP), on the other hand, are granted a work permit to Quebec and can apply for permanent residence across Canada after one year of holding the Quebec work permit.

Acquire Canadian Residence

Canada is among the world's wealthiest countries, with a high per-capita income and a leading trade market. The Canada Start-Up Visa Program is aimed at providing permanent residence to entrepreneurs and active investors in companies and expanding businesses that seek to establish a presence in Canada. Meanwhile, the Quebec Investor Immigration Program is created for global investors who seek a Quebec work permit, with the possibility of receiving permanent residence to the country shortly thereafter.

Benefits of residence by investment in Canada

• High standard of living
• Affordable, high-quality education and healthcare
• Multicultural, tolerant, and vibrant cities
• Excellent place to do business, with access to the entire North American market
• Minimal application requirements, with no age restriction, no net worth, and no higher education needed

Requirements of the Canada Start-Up Visa Program

To obtain permanent residence in Canada, foreign entrepreneurs must propose an innovative, scaling start-up business, approved by a designated organization.

Choose one of following options:

• Business incubation: No minimum investment required
• Angel investment: Raise CAD 75,000 from an angel investment group, depending on a certain stage of the business
• Venture capital fund: Raise CAD 200,000 from a venture capital fund, depending on a certain stage of the business

For all three options, additional fees apply for optional consulting, government fees, business structure, document processing, and immigration filing.

Investors are also required to:

• Have English or French language proficiency at the CLB/IELTS 5 level
• Be in good health
• Have no criminal record

Requirements of the Quebec Investor Immigration Program

To obtain an initial work permit in Quebec (leading to permanent residence), applicants must fulfill both of the following investments:

• Five-year interest-free investment of CAD 1 million, guaranteed by the Government of Quebec
• Non-refundable contribution of CAD 200,000 to Investissement Québec
Non-refundable contribution of CAD 200,000 to Investissement Québec
• Have at least two years’ management experience, which must be acquired within the five years preceding submission of their application
• Have a net worth of at least CAD 2 million
• Have a qualification equivalent to a secondary school diploma in Quebec
• Be proficient in spoken French (at least level 7)

Procedures for Canadian residence by investment

Under the Start-Up Visa Program, clients are required to prepare and submit a business proposal, which needs to be approved by a designated government business organization. Once approved by a business incubator, an angel investment group, or a venture capital fund (depending on the investment option chosen), the client receives a letter of support, allowing them and their family to apply for permanent residence.

Under the Quebec Investor Immigration Program, the client’s application will be processed by the Quebec Government and the investment can be made after approval is granted. A minimum stay of at least 12 months within two years following issuance of the work permit is required. At least six months of the stay must be completed by the main applicant and the remaining six months can be completed by the main applicant or their spouse.

In order to maintain permanent resident status, physical presence for two out of five years (or 730 days) in Canada is required.

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 on the Henley Passport Index, with visa-free or visa-on arrival access to over 180 destinations worldwide.