Canada unveils new Immigrant Investor Venture Capital Pilot Program

Citizenship and Immigration Minister Chris Alexander calls a press conference to lay out the details of how he plans to achieve the longest photo caption on the Brits in Toronto website so far

Citizenship and Immigration Minister Chris Alexander calls a well-attended and interesting press conference to lay out the details of how he plans to achieve the longest photo caption on the Brits in Toronto website so far

Some news from the informative Prepare For Canada website …

Snip:

“Citizenship and Immigration Minister Chris Alexander announced that Canada will unveil a pilot program in January 2015 to attract experienced business immigrants who can actively invest in the Canadian economy, stimulating innovation, economic growth and job creation.

“The new Immigrant Investor Venture Capital Pilot Program is part of a series of transformational changes that build on the Government’s commitment to build a fast and flexible economic immigration system.

“In addition to making an investment of $2 million for a period of 15 years and having a net worth of $10 million, immigrant investors will be required to meet certain program eligibility criteria related to language and education, and have proven business or investment experience.

“This will ensure that immigrant investors will have a strong impact on the Canadian economy, and that those admitted for permanent residence will be well prepared to integrate into the Canadian business landscape and society.”

Full story here.

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