The Canadian government is currently offering 2 major Investors Immigration Programs namely-

1. The Federal Immigrant Investor Program (FIIP) allows only 60 applications each year. This pilot program requires an investment at risk of 2 Millions CAD for 15 years, hence not making it a very attractive option.
2. The Quebec Immigration Investor Program (QIIP). The maximum quota of 1,900 applications allows basically for applications to be submitted from May to February each year, unless any upcoming future ministerial instructions proclaim otherwise.

Here is a full detail of the investment options available to the immigrant applicants-

The applicants selecting this option are to deposit an amount of CAD$1.2 million for 5 years. This amount is fully refundable after the specified period, but other costs and charges accrued for processing are not refunded.

This option is for those who use a chartered bank to finance this amount of CA$1.2 million. The loan is repaid without any additional guarantees from the applicant.

To obtain an amount as huge as CA$ 1.2 million within 60 days of the submission of application, not many people wish to liquidate their assets, and honestly, many just cannot! So, instead of making a refundable payment of CA$ 1.2 million, applicants also have the option to make a non-refundable contribution of CA$ 350,000+ additional charges, including Government brokerage fees.

If the applicant chooses the one time-payment solution, the investment of CA$ 1.2 million does not apply any more, phew!

More than 93% applicants chose this financial solution of CA$ 350,000, to obtain immigration by investment in Canada.

• QIIP is the most reliable option to obtain PR in Canada by passive investment.
• For QIIP, investor must obtain Selection of Quebec Certificate at the federal level before applying for the health and security screening.
• Quebec, like other Canadian provinces, offers total liberty and movement of establishing in any Canadian provinces or territories.

Requirements for Immigration by Investment –

• Adequate knowledge of English and / or French is a plus for qualification
• A sound police clearance record is essential
• Document establishing managerial business experience
• Personal interview after clearing language and other civic tests (in 50% of cases)
• Health and security screening by a physician approved from Immigration, Refugees and Citizenship Canada (IRCC).
• Once the procedure is complete, Canada business Visa is issued to the investor and his accompanying family
• After arriving in the country, the immigrant is granted a Permanent Residence Card.

Citizenship Requirements –

Those resident investors and their families who have been living in Canada for more than 3 years out of 5, are eligible to apply for a citizenship. Other than the residency requirement, qualified immigrant applicant investors and families are eligible to acquire a Canadian passport which is repeatedly ranked as one of the most valued and powerful passports in the world.