Canada offers the most established and widely-used investment based immigration programs conferring permanent resident status.
The Canadian confederation system of government and the country’s social norms offer a “European alternative” to the more unabashed capitalism of the USA. Canada offers European-style social benefits with fairly high levels of taxation and unparalleled quality of life. Under the Canadian model, business immigrants can enjoy the benefits of a national health care program, affordable first-class education and a national pension system that provides measurable annual income upon retirement.
Business immigration offering permanent admission to Canada comprise of the Quebec Immigrant Investor Program (QIIP), Quebec Entrepreneur program, Quebec Self-Employed, several Provincial Nominee Entrepreneur programs, the Federal Immigrant Investor Venture Capital (IIVC) Pilot Program and the Federal Start-Up Visa program. While the various entrepreneur and self-employed programs are aimed at individuals with a mid-range personal net worth who intend to establish and operate a business in Canada, the investor programs are suited for high net worth individuals who wish to make a passive investment with no obligation to establish a business.
Wealthy business immigrants may also buy or establish a new business in Canada and qualify for a temporary work visa, under federal ‘owner-operator’ policies. After a period of time, applicants may qualify for permanent residence under a suitable immigration program.
Below is a summary of what Canada offers at the federal and provincial levels.