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Question please help advisors

medielmawla

Star Member
Sep 11, 2013
63
2
I have question my friend he's out of canada and he would like to come as an investor, can he comes to canada and buy a business and apply as investor ?
 

scylla

VIP Member
Jun 8, 2010
92,538
20,358
Toronto
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
28-05-2010
AOR Received.
19-08-2010
File Transfer...
28-06-2010
Passport Req..
01-10-2010
VISA ISSUED...
05-10-2010
LANDED..........
05-10-2010
medielmawla said:
I have question my friend he's out of canada and he would like to come as an investor, can he comes to canada and buy a business and apply as investor ?
If you're asking about the Federal investor program, it's currently closed to new applications. Once it re-opens, he would have to meet the following financial requirements to qualify:

- have a net worth of at least C$1,600,000 that was gained legally and
- invest C$800,000

Buying a business in Canada doesn't typically allow you to immigrate. If he wants to start a new business in Canada, then he could look into the Start Up Visa immigration stream.
 

scylla

VIP Member
Jun 8, 2010
92,538
20,358
Toronto
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
28-05-2010
AOR Received.
19-08-2010
File Transfer...
28-06-2010
Passport Req..
01-10-2010
VISA ISSUED...
05-10-2010
LANDED..........
05-10-2010
medielmawla said:
I see and for start up visa immigration stream its the same conditions?
Thank you for your reply
No - different conditions. But you can't buy an existing business in Canada. You have to start a business.

If your friend is serious about immigrating, they'll need to spend time on the CIC web site familiarizing themselves with the details of the various immigration programs.