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Questions &
Answers about Business Immigration
 What
is the Business Immigration Program?
What
documents must Business Immigration Program applicants submit?
As
a Business Immigration Applicant, am I required to live
in the province which I originally indicated as my intended
destination?
How
can I qualify as an Immigrant Investor?
How
can I, as an Immigrant Investor, prove that I earned my
minimum net worth by my own endeavors?
Q:What is the Business
Immigration Program?
A:The Business Immigration Program is a category of immigration
under which individuals with business/managerial experience
and relatively high net-worth may apply for Canadian permanent
resident status. There are three sub-categories under the Business
Immigration Program: Investors,
Entrepreneurs and Self-Employed
Immigrants.
Q:What documents must
Business Immigration Program applicants submit?
A:In addition to government application forms, education-related
and statutory documents (passports, birth certificates, etc...),
Business Immigration Program must submit documents evidencing
business and/or managerial experience, as well as documents
evidencing net worth.
Q:As a Business Immigration
Program Applicant, am I required to live in the province which
I originally indicated as my intended destination?
A:When you become a permanent resident, you may live, work and
engage in business activities in any Canadian province or territory.
Q:How can I qualify as
an Immigrant Investor?
A:As an Immigrant Investor planning to reside anywhere in Canada,
except Quebec, you must:
- Have a net worth of at least CAD$800,000 gained through
your own endeavors;
- Invest CAD$400,000 for five years with Citizenship and
Immigration Canada which acts as agent on behalf of provincial
and territorial investment funds; and
- Have successfully operated, controlled or directed a business.
As an applicant destined for Quebec, you must:
- Have a net worth of at least CAD$800,000, accumulated
through legitimate economic activities;
- Invest CAD$400,000 for five years in a Quebec-approved
investment fund; and
- Have at least three years of managerial experience in
a profitable commercial, industrial or agricultural business;
or, at least three years of managerial experience in a government,
governmental organization, or international organization.
Q:How Can I, as an Immigrant
Investor, prove that I earned my minimum net worth by my own
endeavors?
A:Immigrant Investor applicants must demonstrate the origin
and accumulation of their wealth through reliable, third-party
documentary evidence: tax returns, pay stubs, deeds of purchase/sale,
statements from stockbrokers, business/real estate valuations,
etc. Applicants who acquired their net worth solely as a result
of a gift will not qualify as Immigrant Investors. However,
if an applicant receives a gift -- cash or other asset -- and
invests that gift and eventually earns a return on the investment,
the increased amount will be considered to have been accumulated
by the applicants own endeavors.
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