IMMIGRANT INVESTOR PILOT

Immigrant Investor Venture Capital Pilot Program

While this program’s application period has varying opening dates, we can help you be ready for the next application intake period. The program is meant for international investors with the skills and abilities to contribute to the Canadian economy and integrate into society. Requirements include:

 

  • Net-worth:
    • Applicant must have a minimum personal net worth of CDN $10 million which must have been acquired through lawful, private sector business or investment activities.
    • Personal net worth acquired by inheritance or in the value of primary residence will not count towards the personal net worth requirement.
    • Applicant is required to obtain a due diligence report from one of the designated service providers.
  • Investment in a venture capital fund:
    • Applicant must be willing to make a non-guaranteed/at-risk investment of $2 million in the Immigrant Investor Venture Capital (IIVC) fund for approximately 15 years.
  • Language Requirements:
    • Applicants must meet the Canadian Language Benchmark (CLB) of at least level 5 in Listening, Speaking, Reading and Writing.
    • Language test results must not be more than two years old at the time of application.
    • Language proficiency tests can be taken in one of Canada’s two official languages: English and French, and must be from a designated institution approved by IRCC.
  • Education Requirements:
    • A Canadian post-secondary certificate, diploma or degree of at least one year.
      OR
    • A foreign post-secondary certificate, diploma or degree with an educational credential assessment (ECA) report from an IRCC approved agency which shows that the foreign education credential is equal to Canadian educational standards.
    • The ECA must be less than five years old on the date of application.