By: Max Info
Submitted: 2011-02-26 06:16:54 | Word Count: 541
The Canada investor program part of the Canada business visa has been created for immigrants that wish to invest money in Canada, and go on to receive permanent residence visas for themselves and their spouse and children. The Canada business visa can offer this, with the Canada investor program being a popular option. The Canada investor visa component of the Canada business visa does require a considerable amount of wealth; $1.6 million in assets (cash, property, vehicles etc.). The investor under the Canada investor program has to make an investment of $800,000 with the Canadian government that they will receive back in 5 years, without interest. Or, the Canada investor program will enable them to pay interest of around $200,000 to a Canadian bank so that the bank can make the full loan to the government on the investors behalf. The Canada business visa / Canada investor program will allow either option. Once the investment has been made and all requirements have been met, the Canada business visa program will grant a permanent residence visa to the applicant and his spouse and child dependants.
For the Canada business visa, there are a number of banks in Canada that can process your interest payment if you do not wish to pay the full $800,000 to the government under the Canada investor program. It is a good idea to contact a number of banks to see which one will offer you the best deal for your payment to move forward with the Canada investor program.
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There will be business people with entrepreneurial experience who do not meet the requirements of the Canada investor program because they do not have a high enough net worth. For these people the Canada business visa program offers the entrepreneur visa. There is a federal program as well as a number of provincial programs. The net worth and investment requirements are lower than for the Canada investor program. These two options that the Canada business visa offers are helping to ensure that the country attracts high calibre business people that can really improve the economy of the country. The Canada business visa and in particular the Canada investor program are considered more attractive options than those offered by the United States, Australia, and the United Kingdom.Immigration Canada also allows Canadian citizens and permanent residents to sponsor their spouse or common-law/conjugal partner so that they can receive Canada visas for permanent residency. Immigration Canada has a program as well for citizens or permanent residents to sponsor their parents to become permanent residents if they are citizens of a different country. They can also receive Canada visas for permanent residence – however the processing time is very long at four-five years.
Immigration Canada also allows Canadian citizens and permanent residents to sponsor their spouse or common-law/conjugal partner so that they can receive Canada visas for permanent residency. Immigration Canada has a program as well for citizens or permanent residents to sponsor their parents to become permanent residents if they are citizens of a different country. They can also receive Canada visas for permanent residence – however the processing time is very long at four-five years.
