The Immigrant Investor Venture Capital Pilot Program (IIVC) seeks international investors with proven business skills and abilities who will contribute to the Canadian economy while effectively integrating into society. Qualified individuals are given the opportunity to apply for an investor visa that will grant eligible applicants and their families permanent resident status in Canada.
To qualify for this program, applicants must have a minimum personal net worth of $10 million CAD obtained through legal private sector businesses or investments. Inheritance and property value do not count toward the net worth requirement. A due diligence report detailing your past and present businesses and investments, validation of the source of your funds and personal net worth will be required of qualifying investor visa applicants. In addition to the personal net worth requirement of $10 million, applicants must meet the following criteria:
Unlike the Federal Investor Program that requires a guaranteed investment, the Immigrant Investor Venture Capital Program requires a $2 million, non-guaranteed investment over 15 years. Depending on the performance of the IIVC Fund, applicants may lose some or all of their investment, or may receive proceeds over time or at the end of their term.