December 17, 2014

New Immigrant Investor Pilot Program Will Launch January 2015!

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Posted by Mario Bellissimo - Bellissimo Law Group PC

Citizenship and Immigration Canada announced they will launch The new Immigrant Investor Venture Capital Pilot Program in late January 2015 to attract experienced business immigrants.

Immigrant investors will be required to invest $2 million into a venture-capital fund for a period of 15 years and have a net worth of $10 million. Besides the minimum investment and net –worth requirements, applicants must be proficient in either English or French, hold an education diploma that is equivalent of a Canadian postsecondary degree and have proven business or investment experience. This will ensure that immigrant investors can contribute to the Canadian economy and easily integrate.

This new pilot program will begin accepting applications in late January 2015 and will provide a pathway to permanent residence for approximately 50 immigrant investors and their families.

For more information please contact us.

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