Note: On February 11, 2014, Economic Action Plan 2014 announced the government’s intent to terminate both the federal Immigrant Investor and Federal Entrepreneur Programs, eliminate a large and longstanding backlog of applications, and pave the way for new pilot programs that will actually meet Canada’s labour market and economic needs. For more information, see the news release.
The Immigrant Investor Program (IIP) aims to have experienced business people contribute to Canada’s growth and long-term prosperity by investing in Canada’s economy. Investors must:
- show that they have business experience
- have a net worth of at least C$1,600,000 that was gained legally and
- invest C$800,000.
Citizenship and Immigration Canada (CIC) will divide your investment between participating provinces and territories. They will use it for projects to develop their economies and create jobs for five years.
Your investment is guaranteed. CIC will return it, without interest, about five years and three months after payment.
If we approve your application, you must make your investment before we issue a permanent resident visa. You must usually do this within 30 days. The visa office will send you a letter that explains what to do. Learn more about making your investment.
Check processing times
Find out how long it will take CIC to process your application.
After you apply: Next steps
Learn what you should do after you apply to come to Canada.
Prepare for arrival
Be prepared and know what to expect when you arrive in Canada.
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