Immigrant Investors and the $120,000 Myth

Meurrens LawImmigration Trends

The “common scenario” under the old immigrant investor program was that investors would pay financial intermediaries $120,000 to finance their loans to the Canadian government. At least 90% of immigrant investors paid this amount. However, those immigrant investors that paid $120,000 to the financial institution paid too much.

Federal Investor Program Requirements To Double

Meurrens LawBusiness and Entrepreneur Immigrantion

In a much anticipated change, the Federal Government has announced a series of changes to the Federal Immigrant Investor Program (“FIIP“) in the Gazette. ¬†Changes to the Quebec Investor Program are expected shortly. The Doubling The Government of Canada is proposing that amendments be made to the definition of “investor” and “investment” in section 88 … Read More