Can anyone point me to the best thread or website to obtain the correct information on retired Americans wanting to move to Canada? We are not in need of work, we have no family or business ties in Canada. We would require the benefits of a citizen in whichever immigration form that may be available.Thanks much
Retired and wanting to move to Canada
- Thread starter Heldon125
- Start date
There isn't really any information because Canada's immigration programs are directed at young skilled workers, not retired people. Unless you have a significant amount of money and time to try for an investor program, you are out if luck.
Thank you. Please excuse the incompetence of this question however what exactly is an investor program?
The federal investor program is closed. You will need to research the different options available through the various Provincial Nomination Programs.
Here's one example:
https://www.saskatchewan.ca/residen...rant-nominee-program/applicants-entrepreneurs
You need to have a net worth of at least $500K and be willing to invest $200-300K in a business in the province. There are additional requirements to be met like having experience in starting businesses.
The fact that you want all the benefits of a citizen while arriving as a retired person is exactly why there is no program for retired people.
Here's another example of a provincial investor program if you happen to speak French and wish to live in Quebec
https://www.immigration-quebec.gouv...immigrant/three-programs/investors/index.html
To be eligible for the Investor Program, you must:
Your application will also be assessed on other factors, such as your age, education and language skills.
https://www.immigration-quebec.gouv...immigrant/three-programs/investors/index.html
To be eligible for the Investor Program, you must:
- Have, alone or with your accompanying spouse or de facto spouse, legally acquired net assets of at least C$2,000,000, excluding any amounts received by donation less than six months before your application is submitted
- Have management experience
- For at least two years in the five years preceding the application for a selection certificate, of duties related to the planning, management and control of financial, human or material resources under your authority. This does not include experience acquired in an apprenticeship, training or specialization leading to a diploma
- Intend to settle in Québec
- Sign an investment agreement with a financial intermediary (broker or trust company) authorized to participate in the Investor Program
- Make a five-year term investment of C$1,200,000 with Investissement Québec - Immigrants Investisseurs Inc.
Your application will also be assessed on other factors, such as your age, education and language skills.
Perhaps, perhaps not.
Either way, the information on the thread will help other people who have similar questions.
If they had this much wealth they could easily retire in the US and not ask about getting all the benefits of citizenship. Unless yo retired early the Quebec investor program is not a great option since it easily can take 4-5 years and no guarantee what CAQ will do about immigration. The whole program could be stopped since there is so much fraud involved. Large percentage have been wealthy Asian who never lived in Quebec and just rented a cheap apartment while they may have already relocated to Toronto or Vancouver.
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