It is possible to acquire Canadian permanent residence through the Investor Class application category. The Investor Class is the preferred method of migrating to Canada for wealthy individuals who do not intend to work in a particular occupation in Canada or start a business in Canada upon arrival. Investors enjoy “unconditional” permanent residence, unlike immigrants who apply under the Entrepreneur Class. Investors are given permanent residence in return for their agreement to invest money in a government-approved and secure investment fund for a period of five (5) years.
Requirements for the Investor Class
An Investor is defined in the Immigration & Refugee Protection Act (IRPA) Regulations as a foreign national. Who:
(a) has business experience
(b) has a legally obtained net worth of at least $1.6 Million CAD.
The Investor must have experience in managing a qualifying business and must also have controlled a qualifying percentage of equity of that business for at least two (2) years in the five (5) year period immediately preceding the date of filing the application for permanent residence. A qualifying business must generally be an active, significant operation which produces a good or service.