Canadian Immigrant Investor Program

The Canadian Immigrant Investor Program was one of the most popular[1] immigration investor programs (IIP) in the world, but its requirements were not changed since its inception and it had become one of the least expensive ones.

[2] As of June 26, 2010, the qualification requirements were doubled and the program was briefly suspended while the new changes came into effect.

[3] At the time of termination, qualified investors needed to have at least two years of business management experience; have a minimum net worth of CAD$1,600,000 (legally obtained); alone or with their accompanying spouse, make an investment of CAD$800,000; and meet certain health and security requirements.

[4] The closest alternative to the Canadian Immigrant Investor Program would now be immigrating through the Owner-Operator Labour Market Impact Assessment (LMIA) pathway, which is a 2 staged process.

[5] With the passing of Economic Action Plan 2014 Act (Bill C-31) on June 19, 2014, the program was terminated and undecided applications were cancelled.