Canada

About Canada Citizenship and Residency

Canada offers residency by investment, the Quebec Immigrant Investor Program is the most popular path to becoming a permanent resident in Canada. Once selected, any new Canadian resident under any of the Quebec Programs may choose to reside in any Province of their choice.

Investment options available to acquire the citizenship and passport of Canada. 

Full Investment

Applicants choosing this option must invest a minimum of CA$ 1,200,000 in a government-guaranteed investment and hold it for five years. At the end of this period, the guaranteed full amount is returned to the investor without accrued interest. The program provides for full investment or financing through authorized financial institutions.

Financed Investment

Under this option, investors pay a reduced amount that is used to finance a CA$1,200,000 closed 62-month term loan from a chartered bank. This loan is initiated and repaid at no further cost and without additional guarantees from the applicant.

There are certain other regional immigration programmes for business people such as Quebec Investor, Quebec Entrepreneur and Quebec Self-Employed Worker programmes.

• Quebec Investor

An investment agreement must be signed with an approved financial intermediary for the investment of C$1,200,000 for 5 years. The number of signed agreements is subject to a quota. The investment is guaranteed by the Government of Quebec. Financing options are offered to applicants by brokers and trust companies.

Requirements

– At least 2-year management experience in planning, management and control of financial, human or material resources. This must be acquired in 5 years preceding the application.

– Net assets of C$2,000,000 acquired and available to you alone or together with your accompanying or de facto spouse at least 6 months before the application.

– Main attraction of this programme is that your investment will be returned to you in 5 years.

• Quebec Entrepreneur

There are two components in the programme,

– Submitting a business project for creation or acquisition of a business in Quebec.

– Acquisition of a business in Quebec.

A business must be of agricultural, industrial or commercial nature.  You must make a start-up deposit and a security deposit at a financial institution with an establishment in Québec with whom you have signed a deposit agreement. You must use the start-up deposit to set up your business. A start-up deposit for a business outside the Montréal Metropolitan Community (MMC) is CAD $200,000 or CAD $300,000 if the business is located in the MMC.

Requirements

– You must demonstrate that you will manage it yourself or you will participate in it as management and operations partner full-time on a daily basis (agricultural entrepreneur does not have to work full-time).

– You must control, alone or with your accompanying spouse or common-law spouse, at least 25% of the capital equity with a value of at least C$100,000.

– You cannot buy a business acquired by another entrepreneur under this programme in 5 years preceding your application.

• Quebec Self-Employed Worker

Candidates have been recently encouraged to settle outside metropolitan areas, including they are offered low-skill jobs validated by the state.

Main requirements

– You must come to Quebec to create your own job by practising a profession or business activities, alone or with other immigration candidates, with or without paid help (you must register with a regulatory body if your profession or trade is regulated in Quebec).

– You must make a start-up deposit at a financial institution in the region where you are going to work – C$25,000 if outside the Montreal Metropolitan Community (MMC) area or C$50,000 if inside the MMC area.

– Financial self-sufficiency with net assets of C$100,000 available to you alone or together with your spouse if they are accompanying you.

– Legal and lawful source of assets.

– At least 2-year professional experience as a self-employed worker in the field in which you wish to work in Quebec.

– Relevant education and degree.

• Startup Visa Program

Requirements:

– In addition to the above requirements, you must prove that you have enough money to support yourself and your dependents. For a single applicant, the amount required is CAD12,300, for a 2-member family CAD15,312, 3-memberCAD 18,825, 4-member CAD22,856, 5-member CAD25,923, 6-member CAD29,236 and for a 7-member family CAD32,550. For each additional dependent, you will be required to have CAD 3,314.

– If you are not an English or French native speaker, you must take a language test from an approved agency and include the results with your application.

– You must be in good health and do not have any contagious disease. You must have a clean criminal background.

Documents required for Startup visa program:

• Certified copy of passport
• Evidence of language skills
• Letter of support of designated entity
• Original or Certified copy of Birth Certificate (if applicable)
• Original or Certified copy of Marriage Certificate (if applicable)
• Certified copy of ID Card
• Evidence of Residential Address
• Affidavit of support for Dependents
• Original Police Clearance Certificate
• Two passport-size photos
• Bank Statement
• Original Bank Reference Letter (Not older than 6 month)
• Proof of net wealth
• Statement of Source of Funds
• Medical Certificate

Citizenship Requirements

Investor and their family members who have lived in Canada for three out of the four years (1095 days) preceding the application, have adequate knowledge of English and/or French, have no criminal record, and have acquired knowledge of the rights and responsibilities of citizenship, as well as an understanding of Canada’s history, values, institutions, and symbols are eligible to apply for citizenship.

Benefits Of Canada Residency By Investment Program

Canada offers endless opportunities for foreign investors in exchange for their contribution to the local economy.

• High ranking in civil liberties, quality of life, and economic freedom
• High level of education and healthcare system
• Cultural, religious and ethnic tolerance
• Low crime rates
• High living standards and affordable housing
• Open, dynamic economy that offers numerous opportunities
• Free and democratic pluralistic society
• Fiscal incentives and low operating costs for business
• Visa-free/visa on arrival/e-visa travel to around 160 countries
• Dual citizenship

Canada Residency Requirements And Qualifications

Eligibility and Requirements

• the Main applicant must be 18 and over.
• Clean criminal record and no breaches of immigration law.
• Good character.
• Intention to settle in Quebec.
• Legal source of funds for investment.
• Knowledge of French and English for entrepreneurs and self-employed.
• Education and work experience for entrepreneurs.
• Valid business plan for entrepreneurs.
• Financial self-sufficiency.

Qualifications

• Demonstrate at least two years of business management experience in the five years before applying.
• Management experience is defined as having the planning, supervision, and control of the financial as well as the personnel/ physical resources in a company under your authority. This must be demonstrated over five years before applying. Qualifying industries include:
• A specific, legally-operating enterprise (agricultural, commercial, or industrial)
• A governmental or international organization
• In either scenario, you must be a full-time employee and the company must have at least two other full-time employees. The company does not need to be profitable.
• Managerial experience does not include experience acquired via an apprenticeship, training, or specialization process attested to by a diploma.
• Have a net worth of at least CAN$ 2 million individually, or combined with your partner/spouse. Assets such as real estate, bank accounts, pension funds, stocks, and inherited assets can be counted toward your total net worth.
• Commit to investing a minimum of CAN$ 1.2 million into a Canadian government-guaranteed investment and hold it there for five years without earning any interest.
• Provide documents showing the legal origin of the invested funds.
• Intend to settle in the province of Quebec.
• Successfully pass a medical examination and security background check.
• Applicants must satisfy both the Quebec selection and the Canadian admission requirements.
• Be a business owner , shareholder in a private company , or have worked for at least two years in a managerial position in a company with a turnover of 50,000 CAD per annum
• Score at least 40 points out of 100 on a special scale which takes into account knowledge of English and French, educational level, management experience and time spent in Canada.
• Own assets amounting to 2,000,000 CAAD and prove they were earned legally.
• Not infected with socially dangerous diseases, such as HIV.
• Pass with a score of at least 75% on the test of knowledge of the history and traditions of Quebec.
• Notarized and translated copies of passports of all family members included in the application.
• Confirmation of kinship for family applications
• Birth or marriage certificate
• Police clearance certificates for all family members
• Confirmation of financial position
• Constituent documents, certificate of ownership of real estate, bank statements, appraisers’ reports and photographs
• Receipt of payment of duty
• Confirmation that you have invested the required amount in the Canadian economy.
• All foreign language documents must be translated into English and notarized.

Steps And Timeline

Step 1: Gather Documents – If you do not provide all the requested information and the documents from the checklist, your application will be returned to you.

Step 2: Complete the Application – The information you provide on your application may be subject to verification.

Step 3: Pay the Fees – The processing fee must be included in your application. The applicant will also have to pay fees to third parties for his/her self and for his/her family for medical examination, police certificates, and language assessments.

Step 4: Mail the Application – Make sure you use and submit the document checklist (IMM 5690) (PDF, 395.04 KB) along with your application form and supporting documents.

Our Services

Privacy World offers its services to anyone, not only looking to obtain residency and/or citizenship processes but our experts figure out legal ways to:

• Find the best solution for your needs.
• Identify and deploy a strategy to help you accomplish your goals.
• Activate our network of people in the country where you need help without having you search for the best solution or lawyer. We only work with licensed people in every country whom we carefully vet and pass our guidelines and principles of privacy we stand for.
• Focus on cutting through the red tape and to expedite your process.
• Provide proper communication with you about your case.
  …. and above all: Offer you legal strategies to provide additional layers of privacy for your identity, while obtaining your residency or citizenship!

Privacy World can also help you with incorporating your company in Canada, assisting in getting you settled in the country and coordinating with you so that this experience will be less of a hassle.

Want Privacy World to handle your case? Have any questions? Contact us!

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