{"id":5126,"date":"2016-06-24T15:28:39","date_gmt":"2016-06-24T19:28:39","guid":{"rendered":"http:\/\/23.91.116.201\/~bacad\/en-ca\/?page_id=5126"},"modified":"2016-12-15T02:14:38","modified_gmt":"2016-12-15T07:14:38","slug":"investor-category","status":"publish","type":"page","link":"https:\/\/bacad.com\/en-ca\/investor-category\/","title":{"rendered":"Investor Category"},"content":{"rendered":"[mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column width=&#8221;1\/2&#8243;][mk_fancy_title tag_name=&#8221;h1&#8243; color=&#8221;#163051&#8243; size=&#8221;34&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;26&#8243; size_phone=&#8221;20&#8243; margin_top=&#8221;10&#8243; margin_bottom=&#8221;0&#8243; font_family=&#8221;none&#8221;]Investor Category[\/mk_fancy_title][mk_divider style=&#8221;thin_solid&#8221; thin_single_color=&#8221;#72d5e7&#8243; margin_top=&#8221;0&#8243;][vc_column_text]<span style=\"color: #555555; font-size: 16px;\"><b><span lang=\"EN-CA\">Background<\/span><\/b><span lang=\"EN-CA\"><br \/>\n<\/span>On January 1, 1986, the Federal Government announced the creation of a new category of business immigrant to be known as the \u201cInvestor\u201d.<br \/>\n<\/span>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][mk_image src=&#8221;http:\/\/23.91.116.201\/~bacad\/en-ca\/wp-content\/uploads\/2016\/06\/Invest-Header-Banner.jpg&#8221; image_size=&#8221;full&#8221; frame_style=&#8221;gray_border&#8221; align=&#8221;right&#8221;][\/vc_column][\/mk_page_section][mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column width=&#8221;1\/2&#8243;][mk_mini_callout]In addition, the Government announced that this new category was part of an attempt to increase the number of businesspersons immigrating to Canada yearly from approximately 2,200 in 1985 to 4,000 in 1986. This category was set up to attract a select group of immigrants who have business and management backgrounds. Thousands of visas have been issued in this category and successful immigrants have invested billions of dollars since the inception of the Investor Category.[\/mk_mini_callout][vc_row_inner][vc_column_inner][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=&#8221;70px&#8221;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_column_text]It is probably the most appealing method of immigration for the following reasons:<\/p>\n<ol>\n<li>it is the most effortless and worry-free way to immigrate;<\/li>\n<li>there are no high education or language requirements;<\/li>\n<li>there are no business plans to submit, no exploratory visits to make, or no\u00a0promises on the part of the applicant to start a business; and<\/li>\n<li>in some strong cases, interviews are waived.<\/li>\n<li>candidates who otherwise would not be eligible or successful in the Immigration process may benefit from this option.<\/li>\n<\/ol>\n[\/vc_column_text][\/vc_column][\/mk_page_section][mk_page_section bg_image=&#8221;http:\/\/23.91.116.201\/~bacad\/en-ca\/wp-content\/uploads\/2016\/04\/shutterstock_113386852.jpg&#8221; bg_position=&#8221;center top&#8221; bg_repeat=&#8221;no-repeat&#8221; bg_stretch=&#8221;true&#8221; video_color_mask=&#8221;#72d5e7&#8243; video_opacity=&#8221;0.9&#8243; padding_top=&#8221;50&#8243; padding_bottom=&#8221;30&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column][mk_fancy_title tag_name=&#8221;h1&#8243; color=&#8221;#ffffff&#8221; size=&#8221;28&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;26&#8243; size_phone=&#8221;20&#8243; margin_top=&#8221;10&#8243; margin_bottom=&#8221;0&#8243; font_family=&#8221;none&#8221;]Who Should Apply?[\/mk_fancy_title][vc_row_inner][vc_column_inner][vc_column_text]Businesspeople or professionals who have a minimum net worth of CDN$ 1,600,000 and who can prove that they have accumulated this amount through their own efforts and are willing and able to invest CDN$ 800,000 (interest-free) in Canada for at least 5 years. This background activity can include:<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 the running of a profitable business, such as an industrial concern or can be derived from commercial activity such as trading, real estate, or active investing in financial markets;<\/p>\n<p>&#8211;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 or have at least 5 years in a managerial position in the private sector or a public department.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/mk_page_section][mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column width=&#8221;1\/2&#8243;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;30&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]The Process[\/mk_fancy_title][vc_column_text]Once an applicant decides to immigrate in the Investor Category, a number of steps are taken:<\/p>\n<ol>\n<li>he or she signs up for a Government-approved Fund;<\/li>\n<li>the immigration application is sent to the appropriate visa post;<\/li>\n<li>once the interview takes place or is waived, background and medical<br \/>\nchecks are completed;<\/li>\n<li>the applicant then completes the investment of the Fund; and<br \/>\nthe visa is issued;<\/li>\n<li>as mentioned, investing a Fund can involve a total cash investment, or bank financing that can easily be arranged prior to the Canadian immigrant visa issuance. Most Investors find that financing is a very attractive alternative, since they wish to keep most of their capital intact for their ongoing business or for their relocation expenses\/ accommodation or other source of income;<\/li>\n<li>after the five-year term has elapsed, the principal is either repaid in full or the loan is extinguished (in case of using financing option).<\/li>\n<\/ol>\n[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_empty_space height=&#8221;50px&#8221;][mk_image src=&#8221;http:\/\/23.91.116.201\/~bacad\/en-ca\/wp-content\/uploads\/2016\/06\/Invest-Banner1.jpg&#8221; image_height=&#8221;400&#8243; margin_bottom=&#8221;30&#8243;][\/vc_column][\/mk_page_section][mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column width=&#8221;1\/2&#8243;][mk_image src=&#8221;http:\/\/23.91.116.201\/~bacad\/en-ca\/wp-content\/uploads\/2016\/06\/Invest-Banner2.jpg&#8221; image_height=&#8221;400&#8243; margin_bottom=&#8221;30&#8243;][\/vc_column][vc_column width=&#8221;1\/2&#8243;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;30&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Important Points[\/mk_fancy_title][vc_column_text]\n<ol>\n<li>the Investor Category has been ongoing since 1986;<\/li>\n<li>Funds are Government-approved and are guaranteed, meaning the applicant\u2019s investment monies are not at risk; and<\/li>\n<li>investment records are meticulously maintained for each applicant throughout the entire holding process. Investors are kept informed about their status and Fund activities upon request.<\/li>\n<\/ol>\n[\/vc_column_text][\/vc_column][\/mk_page_section][mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column width=&#8221;1\/2&#8243;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;30&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Significant Point[\/mk_fancy_title][vc_column_text]The Investor Category addressed the problem of individuals possessing significant resources who wish to immigrate to Canada but who did not wish to become involved in the day-to-day management of the business in which they invested or started in Canada. Often these individuals had investments and companies in a number of countries and were not prepared to give up these interests to participate on a near full-time basis in a business in Canada.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][mk_image src=&#8221;http:\/\/23.91.116.201\/~bacad\/en-ca\/wp-content\/uploads\/2016\/06\/Invest-Banner4.jpg&#8221; image_height=&#8221;400&#8243; margin_bottom=&#8221;30&#8243;][\/vc_column][\/mk_page_section][mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Basic Features of Funds (Federal\/ Provincial-Quebec)[\/mk_fancy_title][vc_tta_tour][vc_tta_section title=&#8221;General Comments&#8221; tab_id=&#8221;1466797940691-77637eff-bbca&#8221;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]General Comments[\/mk_fancy_title][vc_column_text]The Investor Category addressed the problem of individuals possessing significant resources who wish to immigrate to Canada but who did not wish to become involved in the day-to-day management of the business in which they invested or started in Canada. Often these individuals had investments and companies in a number of countries and were not prepared to give up these interests to participate on a near full-time basis in a business in Canada.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;Basic Features of Funds (Federal\/ Provincial-Quebec)&#8221; tab_id=&#8221;1466797940932-fb443020-88eb&#8221;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;30&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Basic Features of Funds (Federal\/ Provincial-Quebec)<\/p>\n[\/mk_fancy_title][vc_column_text]Generally, the Federal \/ Provincial (Quebec) funds are structured about the same way. Similar features include:<\/p>\n<p>(a)\u00a0\u00a0 they have a five-year term. That is, at least five years elapses from the day of actual investment to the day the Investor gets a refund. In fact, the actual term is slightly longer when notification, registration and the movement of money are included;<\/p>\n<p>(b)\u00a0\u00a0 the principal amount to be repaid is the original invested amount;<\/p>\n<p>(c)\u00a0\u00a0 there is no interest paid on the invested amount, either with the Federal Fund or with the Provincial (Quebec) Fund;<\/p>\n<p>(d)\u00a0\u00a0 Investments can be done in two ways:<\/p>\n<p>(i)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 normally, a deposit of approximately 5% holds a unit until the interview (we are able to waive this requirement for our clients). If for some reason a deposit has been paid, the balance owing is paid just prior to visa issuance (Federal);<\/p>\n<p>(ii)\u00a0\u00a0\u00a0\u00a0\u00a0 the total purchase price is paid all at once. This method is the norm.<\/p>\n<p>(e)\u00a0\u00a0 borrowing-back or financing can be arranged either at the time of Investment. This financing process is fairly routine and can be completed within two weeks. Most financing arrangements involve personal guarantees, so if the terms seem too stiff for investors, they may prefer to arrange their own financing elsewhere on more favorable terms. In any event, the lenders are happy to have the Unit as collateral since the security is Government-guaranteed.<\/p>\n<p>(f)\u00a0\u00a0 the Funds do not offer competitive\u00a0 returns since their primary concern is safety of capital. They have learned that Investors are not interested in market returns, just return of capital once the five-year term has elapsed;<\/p>\n<p>(g)\u00a0\u00a0 the Funds we are recommending all have first-rate track records and a solid history of communication with their Investors. In fact the funds are now managed by the government and the payback security is guaranteed by the government.<\/p>\n<p>(h)\u00a0\u00a0 investments into all Funds are priced at $800,000. The financing service costs capital requirement is influenced by the existing Bank Prime Rate at the time. This cash money is used for service fees and \u00a0the loan interest over the entire term and usually no further cash calls are made on the Investor; and<\/p>\n<p>(i)\u00a0\u00a0\u00a0\u00a0 investment into a unit requires the signing of a number of forms and the wiring of money. Generally, it is an uncomplicated process. Once a particular Fund (Federal\/Provincial-Quebec) has been chosen, we go through each step with the client so that all documentation is done precisely and all is understood.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;Investing into a Unit&#8221; tab_id=&#8221;1466800540977-749a412a-9195&#8243;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Investing into a Unit[\/mk_fancy_title][vc_column_text]Steps Required<\/p>\n<ol>\n<li>Receive investment package, which includes:<\/li>\n<\/ol>\n<p>(a)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Two or four Investment agreements (depending on Fund);<\/p>\n<p>(b)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 One Power of Attorney; and<\/p>\n<p>(c)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Descriptive material;<\/p>\n<ol>\n<li>Sign the two Investment Agreements and Power of Attorney. Have your signature witnessed by someone;<\/li>\n<li>Courier completed forms to BACAD Consulting Group when all is complete;<\/li>\n<li>Make arrangements to wire the 5% deposit if requested to do so. This is unlikely to occur;<\/li>\n<li>The Fund will be notified of your registration as a Unit investor and will notify the Embassy or Consulate when appropriate; and<\/li>\n<li>Make arrangements to wire transfer the balance owing after a successful interview, background check, and medicals.<\/li>\n<\/ol>\n[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;The Quebec Investment System&#8221; tab_id=&#8221;1466800717459-20cb337c-47b7&#8243;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]The Quebec Investment System[\/mk_fancy_title][vc_column_text]The Quebec system appeals to many applicants for a number of reasons:<\/p>\n<p>(a)\u00a0\u00a0 it is usually faster;<\/p>\n<p>(b)\u00a0\u00a0 the investment criteria is the same as the Federal Investment criteria; and<\/p>\n<p>(c)\u00a0\u00a0 the applicant expresses a desire to settle in the Province of Quebec.<\/p>\n<p>(d) investment is required after successful Quebec interview or waiver of an interview by Quebec Authorities.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;Immigrant Investor Program Facilitator Institutions:&#8221; tab_id=&#8221;1466800808597-9734153e-8e20&#8243;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Immigrant Investor Program Facilitator Institutions:[\/mk_fancy_title][vc_column_text]The following is the list of some financial institutions that are officially facilitating the immigrant Investor\u2019s banking Criteria and administration monitoring.<\/p>\n<p>Some Immigrant Investor Program Facilities Institutions (At the time of writing):<\/p>\n<p><strong>Desjardins<\/strong><br \/>\nMontreal, Quebec, Canada<\/p>\n<p><strong>Industrial Alliance<br \/>\n<\/strong>Montreal, Quebec, Canada<\/p>\n<p><strong>National Bank of Canada<br \/>\n<\/strong>Ottawa, Canada<\/p>\n<p><strong>Scotia McLeod<\/strong><\/p>\n<p>Montreal, Quebec, Canada<\/p>\n<p>There are several more similar institutions in this field.[\/vc_column_text][\/vc_tta_section][\/vc_tta_tour][vc_empty_space][\/vc_column][\/mk_page_section][mk_page_section bg_image=&#8221;http:\/\/23.91.116.201\/~bacad\/en-ca\/wp-content\/uploads\/2016\/04\/shutterstock_113386852.jpg&#8221; bg_position=&#8221;center top&#8221; bg_repeat=&#8221;no-repeat&#8221; bg_stretch=&#8221;true&#8221; video_color_mask=&#8221;#72d5e7&#8243; video_opacity=&#8221;0.9&#8243; padding_top=&#8221;50&#8243; padding_bottom=&#8221;30&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column][mk_fancy_title tag_name=&#8221;h1&#8243; color=&#8221;#ffffff&#8221; size=&#8221;28&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;26&#8243; size_phone=&#8221;20&#8243; margin_top=&#8221;&#8221; margin_bottom=&#8221;0&#8243; font_family=&#8221;none&#8221;]On the personal financial side, we require:[\/mk_fancy_title][vc_row_inner][vc_column_inner][vc_column_text]\n<ul>\n<li>Personal tax returns for past four years;<\/li>\n<li>Bank statements of current account values;<\/li>\n<li>Investment statements of current holdings;<\/li>\n<li>Evidence of real estate ownership;<\/li>\n<li>Evaluation of real estate;<\/li>\n<li>Statements of current mortgage on real estate.<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/mk_page_section][mk_page_section sidebar=&#8221;sidebar-1&#8243;][vc_column][vc_empty_space height=&#8221;50px&#8221;][mk_fancy_title color=&#8221;#163051&#8243; size=&#8221;30&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Frequently Asked Questions[\/mk_fancy_title][vc_accordions][vc_accordion_tab title=&#8221;When should I commit my investment? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]When should I commit my investment?[\/mk_fancy_title][vc_column_text]The Investor Category addressed the problem of individuals possessing significant resources who wish to immigrate to Canada but who did not wish to become involved in the day-to-day management of the business in which they invested or started in Canada. Often these individuals had investments and companies in a number of countries and were not prepared to give up these interests to participate on a near full-time basis in a business in Canada.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;What forms must be completed to enable me to make the $800,000 payment? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]What forms must be completed to enable me to make the $800,000 payment?[\/mk_fancy_title][vc_column_text]You must read the Subscription Agreement, an important document that describes your rights and responsibilities as an Investor. You will be required to send two to four signed copies of the Subscription Agreement. We supply these forms to our clients in ready-for-signature form.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;Do I need to send a receipt to the Business Immigration Center to show that I have made the payment?&#8221;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Do I need to send a receipt to the Business Immigration Center to show that I have made the payment?[\/mk_fancy_title][vc_column_text]No. When your payment has cleared processing in Canada, Citizenship and Immigration Canada in Ottawa will notify the visa office so that your visa can be issued. CIC in Ottawa will also return one executed copy of your Subscription Agreement to you.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;Can I borrow all or part of the $800,000? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Can I borrow all or part of the $800,000?[\/mk_fancy_title][vc_column_text]Yes, financing is permissible. It is your responsibility to make these arrangements and the decision to use financing can be made at any time. Use of financing in no way influences the Immigration process.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;Can I make any kind of investment in Canada in order to qualify? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Can I make any kind of investment in Canada in order to qualify?[\/mk_fancy_title][vc_column_text]No. To qualify for immigration as an investor immigrant, CAN$800,000 must be paid to the Receiver General for Canada (at the time of writing).\u00a0 There is no other investment option, other than Quebec\u2019s Immigrant Investor program, which is only available to immigrants intending to reside in Quebec.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;How will my investment be used in Canada? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]How will my investment be used in Canada?[\/mk_fancy_title][vc_column_text]The money CIC receives is allocated to provincial and territorial funds according to an allocation formula.\u00a0 Investors will be informed of the share of their investment allocated to each province and territory through a promissory note prepared and delivered by CIC.\u00a0 The provincial and territorial funds will use the investment for economic development and job creation.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;Is my investment guaranteed? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Is my investment guaranteed?[\/mk_fancy_title][vc_column_text]Yes. Immigrant investors will be repaid their full investment of $800,000. The investment is fully government guaranteed by the provinces and territories that participate in the program.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;When will my investment be returned? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]When will my investment be returned?[\/mk_fancy_title][vc_column_text]CIC will repay the investor\u2019s $800,000 (without interest) in five years. The exact date of repayment depends on when the $800,000 is received by CIC.\u00a0 At the latest, the amount would be returned <b>five years and three months<\/b>from the date of investment.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;What do you mean when you say that my minimum personal net worth must be accumulated \u201cby my own endeavors\u201d? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]What do you mean when you say that my minimum personal net worth must be accumulated \u201cby my own endeavors\u201d?[\/mk_fancy_title][vc_column_text]You must have earned the minimum personal net worth amount of CAN$1,600,000 through your employment, business and investment activities.\u00a0 Monies that are received as inheritances and gifts do not qualify as personal net worth under this program. (Some exceptions apply)[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;How do I prove my qualifications and net worth to the visa officer? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]How do I prove my qualifications and net worth to the visa officer?[\/mk_fancy_title][vc_column_text]You must show documents proving that you have successfully operated, controlled or directed a business.\u00a0 Many applicants use documents such as business registration documents, tax records, partnership agreements, company annual reports or financial statements for this purpose.\u00a0 You must have accumulated, by your own endeavors, a personal net worth of at least CAN$1,600,000.\u00a0 You may be required to submit bank statements or certificates, property deeds, business valuations, share certificates or similar documents for this purpose. You will be asked to explain any ambiguities, inconsistencies, shortcomings or gaps in these documents in an interview with a visa officer.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;Are there terms and conditions imposed on immigrant investors? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Are there terms and conditions imposed on immigrant investors? [\/mk_fancy_title][vc_column_text]Investor visas do not include terms and conditions.\u00a0 Investors however, are expected to commit their $800,000 payment for a five-year period.\u00a0 We hope they will also contribute to the Canadian economy by using their business skills in Canada.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;When can I withdraw my money? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]When can I withdraw my money?[\/mk_fancy_title][vc_column_text]If your visa has been issued, the law locks in your investment for five years.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;What happens to my investment if my immigration application is refused? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]What happens to my investment if my immigration application is refused? [\/mk_fancy_title][vc_column_text]You must request reimbursement of your money in writing. The visa office will provide the address in Canada in its letter of refusal to you. Your money will be returned 90 days after your request is received.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;What are the major changes in the redesigned Immigrant Investor Program, which became effective on June 26, 2010? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]What are the major changes in the redesigned Immigrant Investor Program, which became effective on June 26, 2010? [\/mk_fancy_title][vc_column_text]- The investment has been increased to CAN$800,000 for all investors.<\/p>\n<p>&#8211; The investor\u2019s minimum net worth has been increased to CAN$1,600,000.<\/p>\n<p>&#8211; The investor\u2019s $800,000 is fully guaranteed.<\/p>\n<p>&#8211; All investors in the Quebec Program must intend to settle in Quebec and be<\/p>\n<p>&#8211;\u00a0\u00a0Be selected by Quebec to be eligible for an immigrant visa.[\/vc_column_text][\/vc_accordion_tab][vc_accordion_tab title=&#8221;Do the June 26, 2010 changes affect the Quebec program? &#8220;][mk_fancy_title color=&#8221;#72d5e7&#8243; size=&#8221;20&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;20&#8243; size_phone=&#8221;20&#8243; font_family=&#8221;none&#8221;]Do the June 26, 2010 changes affect the Quebec program? [\/mk_fancy_title][vc_column_text]Quebec harmonized its program by incorporating the $800,000 investment amount and the $1,600,000 net worth requirement. To be eligible for an immigrant visa, all investors in the Quebec Program must be selected by and intend to settle in Quebec. A Certificate de Selection du Quebec (CSQ) will be required for Federal part.[\/vc_column_text][\/vc_accordion_tab][\/vc_accordions][\/vc_column][\/mk_page_section]\n","protected":false},"excerpt":{"rendered":"<p>[mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column width=&#8221;1\/2&#8243;][mk_fancy_title tag_name=&#8221;h1&#8243; color=&#8221;#163051&#8243; size=&#8221;34&#8243; force_font_size=&#8221;true&#8221; size_tablet=&#8221;26&#8243; size_phone=&#8221;20&#8243; margin_top=&#8221;10&#8243; margin_bottom=&#8221;0&#8243; font_family=&#8221;none&#8221;]Investor Category[\/mk_fancy_title][mk_divider style=&#8221;thin_solid&#8221; thin_single_color=&#8221;#72d5e7&#8243; margin_top=&#8221;0&#8243;][vc_column_text]Background On January 1, 1986, the Federal Government announced the creation of a new category of business immigrant to be known as the \u201cInvestor\u201d. [\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][mk_image src=&#8221;http:\/\/23.91.116.201\/~bacad\/en-ca\/wp-content\/uploads\/2016\/06\/Invest-Header-Banner.jpg&#8221; image_size=&#8221;full&#8221; frame_style=&#8221;gray_border&#8221; align=&#8221;right&#8221;][\/vc_column][\/mk_page_section][mk_page_section padding_top=&#8221;50&#8243; sidebar=&#8221;sidebar-1&#8243;][vc_column width=&#8221;1\/2&#8243;][mk_mini_callout]In addition, the Government announced that this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/pages\/5126"}],"collection":[{"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/comments?post=5126"}],"version-history":[{"count":34,"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/pages\/5126\/revisions"}],"predecessor-version":[{"id":5543,"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/pages\/5126\/revisions\/5543"}],"wp:attachment":[{"href":"https:\/\/bacad.com\/en-ca\/wp-json\/wp\/v2\/media?parent=5126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}