What qualifications are required?

The investor refers to a foreign applicant who possesses a minimum of 3 years of business management experience acquired in a farming, commercial or industrial business that is profitable and legal or a government or one of its departments or agencies and has legally obtained and accumulated assets worth at least CAD$ 800 000. He/she will have to make an investment interest free of CAD$ 400 000 paid to the Canadian immigration authorities, for a five year period and guaranteed by the best available commercial paper on the market. Note that a financing option is available whereby a non-refundable lost sum of CAD$ 120 000 is paid to the immigration authorities, the difference of CAD$ 280 000 being financed by a highly known financial institution accredited by the Canadian government.

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As opposed to the entrepreneur program, no condition is attached to the permanent residence visa issued under the investor program.

Canadim offers you instant result on your eligibility to qualify for a Canadian visa of permanent residency under the Canadian Investor Immigration.

What are the benefits of Business Visa?

If your application is successful, you will be issued a visa of permanent residency in Canada. This visa will allow you to indefinitely live in Canada and work or invest at your own free will. You will also have the right to study in any Canadian university under the same conditions as a Canadian citizen. In a nutshell, this visa gives you the same rights as those of a Canadian citizen, with the exception of the right to vote and obtain a Canadian passport. After 3 years of permanent residency in Canada, you will be entitled to claim the Canadian citizenship.

In addition to having free access to one of the best health care systems in the world, as a permanent resident or Canadian citizen, you will also be given access to one of the world's most renown education systems, which is free for all students in public schools at the primary and secondary level. You will also benefit from family allowance to assist large families, employment insurance in the event of unemployment, and social services for destitute persons.

What are the processing costs?

Depending on the business visa category and the province in Canada you will choose as your final destination, governmental processing fees may vary between CAD$ 1 540 and CAD$ 5 390 for the main applicant and CAD$ 1 040 and CAD$ 1 190 for the spouse. For each child, processing fees can range between CAD$ 150 and CAD$ 300 depending again on the destination in Canada.

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Note that additional costs may be associated with the processing of your visa application, such as, medical examination, police clearance certificates and mailing / courier costs.

How long will it take?

The time required to obtain a permanent residency visa can vary between 12 and 36 months, depending on the country where your application was filed. Processing times may be hindered by the number of applications received and the capacity of each visa post to deal with them. Although some variations exist from one office to another, the system requires that all the necessary documentation be submitted at the time the file is opened.