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Canada has a longstanding tradition of offering residency by investment programs at both federal and provincial levels. One notable program, the Quebec Investor Program, allowed high-net-worth individuals to gain permanent residency in Quebec by making a minimum investment of CAD 1.2 million for five years. However, this program has been suspended since 2021 and is not currently accepting new applications.
Other provinces, including British Columbia and Ontario, offer their own Provincial Nominee Programs (PNPs), enabling foreign nationals to secure Canadian permanent residency by investing in businesses or creating jobs within those provinces. Presently, the Canadian Start-Up Visa (SUV) program stands out as the most appealing option, featuring the lowest investment requirements.
Requirements for the Golden Visa
Fund Investment
Obtaining citizenship through investment is possible in Canada; however, applicants must first fulfill a residency requirement before becoming eligible to apply. Canada does not offer a direct Citizenship by Investment program.
Associated Costs
The Canadian Start-Up Visa (SUV) Program is designed for immigrant entrepreneurs with the skills and potential to establish innovative businesses in Canada that create jobs for Canadians and compete globally. Oxbridge connects aspiring entrepreneurs with suitable business opportunities and tailored training to meet residency requirements. Applicants must provide evidence of a minimum income of $200,000 or financial assets totaling at least $1,000,000.
The SUV program offers a fast and cost-effective pathway to Canadian immigration, with fees starting at approximately CAD $225,000 (around USD $160,000), leading to Permanent Residency (PR). Unlike other business immigration options, PR status is not dependent on the success of the business venture.
Applicants can include their spouse and children under 22 years old in the application. Successful candidates can reside anywhere in Canada, excluding the province of Quebec. The process typically takes 12 to 18 months.
Eligibility and Requirements
The Canadian Start-Up Visa (SUV) Program is designed for immigrant entrepreneurs with the skills and vision to establish innovative businesses in Canada, creating jobs for Canadians and competing globally. Oxbridge connects prospective entrepreneurs with suitable business opportunities and tailored training to meet residency requirements. Applicants must demonstrate a minimum net worth through an annual income of at least $200,000 or proof of financial assets totaling $1,000,000.
The SUV program offers a streamlined and cost-effective pathway to Canadian immigration, with fees starting at approximately CAD $225,000 (around USD $160,000), leading directly to Permanent Residency (PR). Unlike other business immigration options, PR status is not contingent upon the success of the business venture.
Applicants can include their spouse and children under 22 years old. Successful candidates are free to reside anywhere in Canada except Quebec. The entire process typically takes 12 to 18 months.
Canadian Permanent Residency and Citizenship
Upon approval, investors and their families gain Permanent Residency status immediately. To maintain PR, investors must reside in Canada for at least 730 days (two years) within a five-year period. After living in Canada for three out of five years (1,095 days), applicants become eligible to apply for Canadian Citizenship. This requires demonstrating sufficient proficiency in English and/or French and maintaining a clean criminal record.
Canadian Passport Strength
Canadian citizenship provides access to one of the world’s most powerful passports. The Canadian passport enables visa-free travel to 197 countries and offers visa-free access to 79.7% of the global GDP. It also allows for seamless mobility to 92.2% of the world’s most popular destinations. Ranked 30th in Oxbridge’s Global Passport Index, it boasts a robust overall score of 86.2.