All about Canadian culture, from people and language to food, drink, books, music, and film

Daily Life

From health care and education, to local eating and shopping, to festivals and things to do, get the scoop on life in Canada

Housing, Jobs, & Money

Finding a home, working, saving, and investing in Canada – here’s how


What you need to know to live in, work in, or immigrate to Canada. Citizenship information, too.


Travel ideas and tips for visiting, touring, and deciding where to live in Canada.

Home » Immigration

Immigrating by investing in Canada

Submitted by on December 15, 2010 – 4:54 pmOne Comment

Can you buy your way into Canada?

Citizenship and Immigration Canada may not put it exactly this way, but the fed­eral Immigrant Investor Program, which was reopened to prospec­tive immi­grants this month, is essen­tially a fast(er) track to Canadian per­ma­nent res­i­dent sta­tus if you don’t have a Canadian job lined up.

It just takes money.

To apply for per­ma­nent res­i­dent sta­tus as an Immigrant Investor in Canada, you now have to have a net worth of at least CAD$1.6 mil­lion AND be will­ing to make an invest­ment of CAD$800,000.

You’re basi­cally mak­ing a no-​​interest loan of $800,000 to the Canadian gov­ern­ment for five years.

Of course, you have to have busi­ness expe­ri­ence as well as money — either by own­ing (or part-​​owning) a busi­ness for at least two years or by man­ag­ing at least five full-​​time employ­ees for a sim­i­lar period.

And you still have to have at least 35 points (out of a pos­si­ble 100) from the immi­grant investor selec­tion cri­te­ria, which include:

Under the pre­vi­ous Immigrant Investor pro­gram, you needed to have a min­i­mum net worth of CAD$800,000 and make an invest­ment of CAD $400,000.

However, the pro­gram became so back­logged with appli­ca­tions that the gov­ern­ment has dou­bled the finan­cial require­ments, effec­tive December 2010.

The pro­cess­ing times for investor appli­ca­tions are still quite lengthy — about two years for appli­cants from Taiwan, the UK, and South Korea; roughly three years for appli­cants from the US, Germany, Hong Kong, and China; and even longer times for appli­cants from other parts of the world.

Still, if you’ve got the money, it offers a way to open the door to your new home in Canada.


Did you qual­ify for Canadian per­ma­nent res­i­dent sta­tus under the Investor pro­gram? Or do you have advice for oth­ers hop­ing to fol­low that route?

Please leave a com­ment and let us know.

Permanent Resident Card photo ©Alan Albert

One Comment »

  • Jay B. says:

    Yes, the cri­te­ria are quite right. I applied for Canadian per­ma­nent res­i­dent sta­tus a while ago and it went exactly as writ­ten. I was lucky I made a trip to Canada year before and I could dis­guise it as busi­ness explo­ration trip — that nailed it!