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Investment Options for Canada

December 2013, 31
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investment options

Canada had become notorious for not having a salutation policy in place for investors who were considering Canada as a location to migrate. This was very true as for a lengthy time the federal investment program (FIP) had strongly declined all new applications. The Quebec investor program has been put back in place as of summer 2013, which now gives a slight opening for oversea investors to gain access to the country. The reinstatement of the Quebec investors program was as popular as it had previously been and the available 1750 places for applicants were reached within just a couple of days, however there are now other options available for applicants.

Suitable investors may be deemed eligible to apply through the program if they can provide evidence that they can securely invest 800,000 CAD every year for five years or have the funds available and are willing to invest a one off sum of 220,000 CAD, this one off payment does come with an option of finance if the applicant desires it. Once the investment has been made, the applicant will receive a Quebec selection certificate from the province. The certificate will be used by the applicant for full residency for the investor along with their family, if they have any who will be relocating with them. Along with the initial investment, the applicant needs to meet specified language criteria and have experience in a managerial environment, they must also be able to provide evidence that they have a minimum of 1.6 million CAD to support themselves comfortably. 

Since the introduction of a cap on how many applications could be made in a specified length of time, there were four thousand applications acknowledged, whereas only thirty one thousand applications were acknowledged on the federal level in a similar time scale. The opening intake of applications for the investors scheme was between August 1 and August 16, however the restrictions were not applicable to those investors who had the ability to provide substantial evidence which can prove they have an impressive amount of knowledge and understanding of the French language. If the applicants knowledge of the French language surpasses certain levels which have been put in place, they have a greater chance of gaining access to Canada. Quebec has formulated its own arrangements and credentials regarding immigration which applicants must meet in order to be deemed a suitable candidate.

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