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Katrina Pak

Toronto Law Office


Address:

721 Bloor Street. W.,
suite 204
Toronto, Ontario
M6G 1L5
Map

Phone:

(416) 850-4092

Email:

info@katrinapak.com


family immigration lawyer toronto notary public  Ms. Katrina Pak is a member of The Law Society of Upper Canada

Member of the Canadian Bar Association and of The Law Society of Upper Canada

Permanent Resident - Investor

Investors: Eligibility

  1. Business Experience: More than two years of Qualifying Business
  2. Availability to make an Investment: $400,000 CDN
  3. Demonstration of your financial self sufficiency: Enough means to support yourself and family after you arrive in Canada.
  4. Medical and security requirement: You must pass a medical examination and security and criminal checks as required by CIC.


Qualifying Business: Conditions

To be qualified as a business as a investor you must have a experience in a business other than a business operated primarily for the purpose of deriving investment income such as interest, dividends or capital gains .

To demonstrate that your business is a qualifying business, you need to provide documents showing any two of the following:

  1. The percentage of equity multiplied by the number of full-time job equivalents is equal to or greater than two full-time job equivalents per year;
  2. the percentage of equity multiplied by the total annual sales is equal to or greater than $500,000;
  3. the percentage of equity multiplied by the net income in the year is equal to or greater than $50,000; and
  4. the percentage of equity multiplied by the net assets at the end of the year is equal to or greater than $125,000.


Required Business Experience

Once your business is qualified, you need to demonstrate that you have a minimum of two years of experience consisting of

  1. two one-year periods of experience in the management of a qualifying business and the control of a percentage of equity of the qualifying business during the period beginning five years before the date of application for a permanent resident visa and ending on the day a decision is made on the application; or
  2. two one-year periods of experience in the management of at least five full-time job equivalents per year in a business during the period beginning five years before the date of application for a permanent resident visa and ending on the day a decision is made on the application, or
  3. a combination of a one-year period of experience described in subparagraph (a) and a one-year period of experience described in subparagraph (b).