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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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