The purpose of creating the Immigrant Investors Program by the Canadian government was to attract affluent business people and their capital to Canada. Permanent residency in Canada can be gained by the investors and their immediate family by satisfying the following four government selection criteria:
1) One must exhibit proper business experience, as defined under the Regulations. That is, one must have previously managed or operated a qualified business for at least two out of five years preceding your application
2) The concerned person and their spouse must have legally obtained a personal net worth exceeding CAD 1.6 million
3) Canada's medical and security evaluations must be passed by the entire family.
4) One must invest CAD 800,000 for a period of five years at no interest (0%) under the one of the two available Immigrant Investor Programs. The investment is government-guaranteed and will be repaid in full at the end of the investment period
There are several ways to become a permanent resident in Canada. The two most popular economic programs are: