To work and live in Canada is not an easy task for a non-Canada immigrant. There are many laws and rules on immigration that one must understand and comply with. For those immigrants who are not from Canada but wish to reside in Canada, it becomes even more difficult to comply with the rules and laws because there is no Canadian consulate and officials around to help you with your immigration issues. This is where investor visa can help you.
The first requirement for canada investor visa is that one must be a permanent resident of Canada. One must have lived in Canada for more than two years and must have at least one year of fully functional income from anCanadian source. This means that one must be earning more than six thousand dollars per annum and must not have been working in Canada for more than one year.
Investors from the United Kingdom are eligible to apply for investor visa. However, investors from E2 countries like Singapore and New Zealand are not eligible to apply for investor visa. One must also not be a national of Canada and must reside in Canada for at least five years continuously.
Second requirement for investor visa is that one must be anCanadian citizen. This requirement differs from the immigration laws of Canada where a person must be a resident of the country. Immigrants from outside of Canada can only apply if they can demonstrate that they have Canadian citizenship or if they can prove that their partner is anCanadian citizen or Permanent resident of Canada.
A spouse who is anCanadian citizen is eligible to apply for investor visa if the partner has not joined the Canadian Nationality and Residency Program. By being registered as an offshore investor, one can save on the tax related expenses. In addition to this requirement, investors from the United States can apply for investor visa provided that they can establish a substantial amount of Canadian investment as well.
Besides investor visa, there are certain other categories of visa for investments including investor visa for property, venture capital and e2 visa status. As an investor, you need to check out all these options so that you can get the best possible deal.
If you are planning to apply for investor visa, you must know that there is an escrow procedure. According to the law, if you are planning to purchase real estate in Canadathrough a private sale, you have to submit an application for registration with the Canadian Investment Development Agency or AIDA.
The agent receives the application and checks it against the Canadian Capital Territory legislation which regulates the transfer of funds among commercial creditors and investors.
After this, the investor must apply for anCanadian Green Card. Investor Visa and Green Card can be obtained either by meeting the eligibility criteria or by proving that one has investments in Canada that qualify them for the investor visa. In order to find out whether you meet the eligibility criteria or not, you can visit the Canadian Department of Immigration.
Once you meet the eligibility criteria, you have to take a test for Canadian citizenship. If you pass the test, you can apply for your visa. Once your application is accepted, you can apply for Canadian citizenship or your naturalization as anCanadian citizen.