Canada Program for Permanent Residency by Investment
Blog / Canada Program for Permanent Residency by Investment
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic to Pacific Ocean.
The capital city is Ottawa.
Total Area: 9,984,670 km2 and considered the second-largest country in the world.
Population in 2023: 39,000,000.
Official language: English – French.
Currency: Canadian Dollar (CAD).
It gained its independence from the United Kingdom on July 1, 1867.
Canada has a highly developed market economy, with the world’s eighth-largest economy as of 2022.
It is one of the world’s largest trading nations, with a highly globalized economy.
Canada ranks low in the Corruption Perceptions Index (14th in 2023) and is widely regarded as among the least corrupt countries of the world.
Healthcare in Canada is delivered through the provincial and territorial systems of publicly funded health care.
Education in Canada is for the most part provided publicly, funded and overseen by federal, provincial, and local governments.
The Canadian passport is respected and reputed worldwide, ranked 4th globally and Canada passport holders travel to more than 171 visa-free countries, including: UK, US, Ireland, Schengen countries, Hong Kong, Malaysia, Singapore, and other countries.
About The Program
Canada Permanent Residency through investment program called SUV (Start-up Visa) was established in 2013.
The Startup Visa Program is Canada’s flagship immigration program for entrepreneurs seeking to become permanent residents of Canada. Persons who qualify for the Startup Visa Program can apply for permanent residency for Canada.
The Start-up Visa Program is intended for foreign nationals who wish to establish an innovative business in Canada that creates jobs for Canada. Foreign nationals may establish the business alone or with a group of partners. The group can have up to 3 foreign national partners.
The program begins by receiving the support from an organization designated by Immigration, Refugees and Citizenship Canada (IRCC) to support their start-up business in Canada.
The Permanent Residency By Investment
The program will lead to Permanent Residency within 2-3 Years from starting the application, estimated processing times are provided on-line by the Government of Canada.
The application includes the main applicant and the financially dependents of Spouse, and single children under the age of 22.
Reside anywhere in Canada (Except the province of Quebec).
The program shall allow the Applicant and the husband/ wife to obtain an open work permit for three years while waiting to obtain the permanent residency.
Enjoy free health care and education for children and low tuition fees for universities.
The Applicant could apply for obtaining the Canadian Citizenship application after passing 3 years of the actual permanent residency in Canada.
Citizens of Canada can hold other nationalities.
When obtaining citizenship through this program, the applicant and his family members enjoy lifelong citizenship.
Program Terms and Conditions
Main applicant preferred age between 22 – 55 years old.
English language is required with an Intermediate Level 4.0 IELTS as following: (Listening: 4.5 Reading 3.5 Writing 4.0 Speaking 4.0)
Be in good health conditions as per requirements of Canada.
Obtain a Letter of Support from one of Designated Organisation.
Demonstrate you have a net worth of USD 200,000 principal applicant’s and spouse’s assets combined.
Preferred post-secondary school certificate.
Preferred specialty in work experience, management, owner, or partner.