Federal Venture Capital (Closed)

Federal Venture Capital Program Requirements

To qualify for this program, applicants must have a minimum personal net worth of $10 million CAD obtained through legal private sector businesses or investments. Inheritance and property value do not count toward the net worth requirement. A due diligence report detailing your past and present businesses and investments, validation of the source of your funds and personal net worth will be required of qualifying investor visa applicants. In addition to the personal net worth requirement of $10 million, applicants must meet the following criteria:

• Demonstrated proficiency in English or French (reading, writing, speaking, listening) via a language competency test taken within the last 24 months with an approved agency;  
• Make a non-guaranteed investment of $2 million CAD of your own funds in the Federal Venture Capital Fund;
• Intend to reside in any Canadian province or territory except Quebec;
• Possess a post-secondary degree, diploma, or certificate from a Canadian institution, or:
• Validation from an Educational Credential Assessment report of a foreign equivalent. Applicants with a personal net worth of $50 million CAD or more can request to be exempt from the educational requirement.

Non-Guaranteed Investment

Unlike the Federal Investor Program that requires a guaranteed investment, the Immigrant Investor Venture Capital Program requires a $2 million, non-guaranteed investment over 15 years. Depending on the performance of the IIVC Fund, applicants or may lose some or all of their investment, or may receive proceeds over time or at the end of their term.

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