|
 Created by the federal government to promote the immigration of business people and their families, the Canadian Immigrant Investor Program enables potential investors (who meet certain requirements) to obtain permanent resident status in Canada. Under the program, successful applicants and their families receive permanent and unconditional Canadian resident visas.
|
|
Read more...
|
|
|
Since December 1st, 2010, Citizenship and Immigration Canada adopted new qualification requirements. To qualify for the Canadian Immigrant Investor Program, you must:
- Demonstrate business experience, either by managing and holding an equity interest in a qualifying business for at least two of the past five years, or by managing at least five full-time employees for at least two of the past five years;
- Have a minimum net worth of CDN $1,600,000 acquired through lawful economic activities;
- Deposit CDN $800,000 with the Government of Canada for a 62-month locked-in period. In return, the applicant will be issued a fully guaranteed, non-transferable, non-interest-bearing promissory note. The invested capital will thus be returned, without interest, at the end of the 62-month period.
The required investment of CDN $800,000 can be financed through an authorized financial institution. Find out more on our Investment Options tailored for the Canadian Immigrant Investor Program.
|
|
There are different ways to make the required investment in order to qualify for the Canadian Immigrant Investor Program. Investors can either deposit the full amount (Full Investment), or Finance the required amount (Financed Investment) from a chartered Canadian bank.
Full Investment
The investor deposits the full amount of CDN $800,000. No further payment is required. At the end of the 62-month period, CDN $800,000 is returned to the investor with no accrued interest.
Financed Investment
The investor pays a reduced amount*, which is used to finance a CDN $800,000 closed five-year term loan from a chartered bank. No further payment is required by the investor, however the amount is not returned to the investor at the end of the 62-month period.
The reduced amount is used to finance a CDN $800,000 closed 62-month term loan from a chartered Canadian bank. This loan is initiated and repaid at no further cost to the applicant investor.
This option is particularly attractive for applicants seeking to retain maximum capital for investment in ongoing business operations. Contact us to obtain latest financing rates.
* This amount may change marginally, if the prime lending rates in the national banking system rise or fall in response to changes in the Bank of Canada key interest rate.
|
|
Read more...
|
What are all the payments expected of an applicant?
The Canadian Federal Authorities will require application fee of CDN $1,050 for the main applicant, CDN $550 for each dependent above the age of 22 and CDN $150 for each dependent below the age of 22. The full investment amount will be CDN $800,000. The financed investment amount depends on the prime lending rates* in the national banking system. An applicant may also incur miscellaneous expenses related to their application such as translation of documents, travelling expenses to attend interviews as requested by the Immigration Authorities, as well as costs related to medical tests and police clearances.
* Bank of Canada key interest rate.
What documents are required for an application?
Documents will vary for each applicant. Arton Capital will assist clients to create a personalized list of documents for their specific application. Documents which maybe requested include: civil status documents, financial documents proving your current net worth as well as past financial or asset documents to prove your acquisition of current assets. Documents proving your management experience might also be required.
|
|
Read more...
|
|
|
Canada’s key benefits include:
- High rankings on major international comparative surveys of industrialized nations;
- G8 and NAFTA member;
- Unspoiled environment with strict environmental controls;
- Excellent canadian healthcare system;
- Excellent canadian education system;
- Cultural, ethnic and religious tolerance are practiced by all Canadians and entrenched in our constitution;
- Safe canadian cities and neighborhoods;
- Canadian passport is one of the most valued passports for international travel.
For comprehensive information on living in Canada, please visit the Government of Canada’s official site.
|
|
Read more...
|
|
The below summarized process is based on the requirements that need to be followed for a Permanent Residency application of a foreign investor thru Canadian Federal Authorities. Arton Capital/PWM Capital has outlined the below procedures by combining current timelines of local government institutions as well as the actual process our clients have experienced.
The procedure can be broken down into 4 basic steps, which the main applicant will have to go through. Some of them require his/her involvement; others are performed by Arton Capital/PWM Capital on the grounds of the power of attorney(s) given by the main applicant. All of the steps are dependent on the successful completion of the previous step.
|
|
Read more...
|
|
|
|
|
|
Canada IIP
