The CBI Canada prefers to, as the investor migration program, give the higher value people the chance to attain the PR and even citizenship in sound Canada through the different investing choices. Canada terminated its federal immigrant investor program in 2014; there are other ways for investors to gain their residing and citizenship through federal and provincial institutions. We will look at choices for Canadian citizenship by investment
Quebec Immigrant Investor Program
The Quebec immigrant investor program is one of the best representations for investors seeking residency in Canada. This program was created for people who can make economic investments in Quebec. It has been suspended since November 2019, but it is expected to open again with approved eligible criteria.
Candidates need to make the following investments:
1 Millions are guaranteed investments for five years. This investment does not pay interest, and the capital is backed after five years.
The candidate should have a legally acquired net worth of at least 2 million and show a minimum of two years of management experience within the five years of the previous application. They should also plan to fix it in Quebec. As well as you can get the best option for Dubai citizenship by investment.
Provincial Nominee Programs (PNPs)
Different provinces in Canada give their migration program under the provincial nominee program. This program permits the province to nominate people who want to move to Canada and prefer to invest in a particular region. Every region fixes its criteria, investing limits, and process. Below some PNP:
Ontario Immigrant Nominee Program (OINP) Stream
Ontario gives the business stream that needs at least an investment of CAD 600,000 in the Greater Toronto Area and outside the Greater Toronto Area 200,000. Candidates should show at least 700,000 CAD and 410,000 outside the GTA. The initiative needs the creation of minimum full-time employment for Canadian citizens and Permanent people.
Manitob’s initiative
It gives the two ways:
There is the business way and the farm investor way. The business requires a minimum investment of CAD 200,000 in the Winnipeg region and CAD 140,000 outside the area. The candidate should have at least CAD 160,000. The farm investor way aims for people who prefer farming in rural Manitoba, with a minimum investment of 310,000 CAD.
Starting Up Visa Program
The starting-up visa initiative is a federal migration program created for businesses with the strength to start up in Canada, generate employment for Canada, and compete worldwide. This initiative does not need a particular investment value, but the candidate should protect help from designated institutions like venture capital funds and angel investor groups.
Eligibility Criteria
The candidate should have an enterprise idea, protect the institution’s commitment, meet language proficiency needs, and have enough seed funding.
Investment Requirements
There is no settled investment scale. The level of economic commitment from the institution ranges from CAD 65000 to 300000, depending on the institution and the business proposal.