Provincial Nominee Program Entrepreneur and Investor Visa

People around the world can apply under various investment categories to get settle in Canada. There is only two Federal Investment programme running at this point of time but the interested investors can apply under PNP or they have option to explore special programs offered by province of Quebec. The Quebec Immigrant Investor Program is specifically designed for experienced management professionals who wish to immigrate to Canada and have genuine intention to settle in Quebec.

Provincial Nominee Program for Entrepreneurs was created to permit other to apply. Provinces and territories can design their own programs as per their individual needs. So they independently manage and control their immigrant selection criteria in accordance with their needs and priorities. There are many programs which can suite the need of all type of investors starting from small businessman to the big corporates.

The Requirements

Investors must meet the following requirements to qualify for this Canadian immigration investor program:

• The investor must not intend to live in Quebec (see Quebec Investor Program if Quebec is your desired destination);
• The investor must be able to demonstrate that he or she has the necessary business experience. This can be done by having owned and operated a qualifying business or by managing a staff of at least 5 employees;
• The investor must have a minimum net worth of $1,600,000 CAD (such money must have been legally obtained); and
• The investor must make a $800,000 CAD investment to the Government of Canada (which will be returned to the investor 5 years later, without interest).
• The investor (and family members) are not found inadmissible on grounds such as health and security.

Investment

The $800,000 CAD investment to be made by the investor will be administered by Citizenship and Immigration Canada. Citizenship and Immigration Canada will return the $800,000 investment approximately five years and three months after payment, without interest. The investment is guaranteed by the Canadian provinces, which will use the investment to create jobs and help grow the economy.

The Process

Applicants are normally required to make the investment within 30 days of the application being approved. Once the application is approved and the investment is made, the applicant (and his or her immediate family, if applicable) may apply for their permanent resident visas.