PACE LAW FIRM

// FED VS QUE

INVESTOR PROGRAM

PACE LAW FIRM

// FED VS QUE

INVESTOR PROGRAM

FEDERAL (CANADA) BUSINESS PROGRAM INVESTOR

- one step process - application to federal government - for at least two years in the past five years, must have business ownership experience and meet stringent financial thresholds, or - for at least two years in the past five years, managed at least five employees in a business - financing option available - minimum cost $220,000 CDN - it does not need to be made until after provisional approval of visa office - interviews in Canada not available - lawyer not permitted to accompany applicant for interview with the visa officer - unconditional visa - no language test required - age of applicant not a consideration - estimated processing time: from 18 to 48 months depending on visa office and complexity of documentation

QUEBEC BUSINESS PROGRAM - INVESTOR

two step process: application to government of Quebec and once approved, application to federal government have three years of management experience financing option available - minimum cost $220,000 CDN prior to issuance of Quebec selection certificate can arrange for quick interviews in Canada (Montreal) - 5 to 7 months to learn if your application is successful or not lawyer permitted to attend Quebec selection interview with you. no language test required age of applicant not a consideration estimated processing time: from 18 to 48 months depending on visa office and complexity of documentation

PACE LAW FIRM

// FED VS QUE

INVESTOR PROGRAM

IMMIGRANT INVESTOR PROGRAM SUMMARY FEDERAL PROGRAM

RESIDE IN
(OTHER THAN QUEBEC)

QUEBEC PROGRAM

C A N A DA

QUEBEC
NET WORTH

Have legally obtained net worth of at least CAN$ 1,600,000.Net worth, with respect to an investor, means the fair market value of all of the assets of the investor and spouse or common-law partner minus the fair market value of all of liabilities. Note: (An inheritance can be included in the calculation)

Have a minimum net worth of CAN$ 1,600,000 acquired through lawful economic activities. Note: (An inheritance cannot be included in the calculation)

M A N AG E R I A L E X P E R I E N C E
Have business experience, which means: Management of a business: Investor must submit documentation proving that he has managed at least 5 full-time job equivalents per year within any 2 of the last 5 years; OR Ownership of a business: Investor must submit documentation proving that he owned and managed a business that meets any 2 of the 4 requirements hereunder, within any 2 of the last 5 years.
NET WORTH
100% Employees Sales Net Income Equity 2 $500,000 $50,000 $125,000

Must have at least three years of managerial experience (planning, supervision and control of human, material and financial resources) acquired through a profitable and lawful business (agricultural, industrial or commercial), a government or an international agency.

OWNERSHIP
50% 4 1M$ $100,000 $250,000 20% 10 2.5M$ $250,000

PACE LAW FIRM

// FED VS QUE

INVESTOR PROGRAM

IMMIGRANT INVESTOR PROGRAM SUMMARY FEDERAL PROGRAM

INVESTMENT
Amount: CAN$ 800,000 Loan option: Yes Term: 60 months Interest rate: 0% Payment: Before immigrant visa issued Funds transferred to: Members of the Canadian Deposit Insurance Corporation (CDIC); i.e. Chartered Bank or Trust Company Beneficiary: Participating Provinces/Territories. Guarantee: Promissory Note from Participating Provinces/Territories Reimbursement: - Possible before visa - Irrevocable after visa if withdrawal. Amount: CAN$ 800,000 Loan option: Yes Term: 60 months Interest rate: 0% Payment: Before CSQ issued Funds transferred to: Financial Intermediary i.e. Brokerage/Trust Company Beneficiary: Investissement Qubec Guarantee: Term Note from IQ - Province of Quebec Reimbursement: - Possible before CSQ; - Possible after CSQ if refused by Federal; - Irrevocable after CSQ if withdrawal.

QUEBEC PROGRAM

PROCESSING
By the Canadian Visa Office (CVO) in the country of residence of the applicant. If no CVO in the country of residence of the applicant, please contact Pace Law Firm for further information. By the Quebec Immigration Office (SIQ), serving the territory of the applicants country of residence: Hong Kong, Damascus, Paris, Maghreb, Mexico, Buenos Aires, Vienna, Brussels, New York. After SIQ approval, send file to Canadian Visa Office (CVO) in the country of residence of the applicant.

INTERVIEW
CVO in the country of residence of the applicant. If no CVO in the country of residence of the applicant, please contact Pace Law Firm for further information. Different options are possible: - Montreal - SIQ office (serving the territory of the applicants country of residence) - Country of the applicant (not available for all countries) If 2nd interview is requested by Federal Government: CVO in the country of residence of the applicant

PACE LAW FIRM

// FED VS QUE

INVESTOR PROGRAM

IMMIGRANT INVESTOR PROGRAM SUMMARY FEDERAL PROGRAM QUEBEC PROGRAM

G OV E R N M E N T F E E S
Principal applicant: CAN$ 1,050 Spouse or common law partner: CAN$ 550 Each dependent: CAN$ 150 (non refundable) Landing fees*: CAN$ 490 Applicable to principal applicant and spouse or common law partner, not applicable to dependents. Principal applicant: CAN$ 3,850 Each dependent: CAN$ 150 (non refundable) After CSQs approval (Federal fees): Principal applicant: CAN$ 1,050 Spouse or common law partner: CAN$ 550 Each dependent: CAN$ 150 Landing fees*: CAN$ 490

R E S I D E N C Y S TAT U S
Permanent Residence status: Upon entering Canada; Canadian Citizenship: Shall be granted to a permanent resident if he/she has, within the four years immediately preceding the date of his or her application, been physically present for at least three years in Canada. Permanent Residence status: Upon entering Canada; Canadian Citizenship: Shall be granted to a permanent resident if he/she has, within the four years immediately preceding the date of his or her application, been physically present for at least three years in Canada.

PACE LAW FIRM

// FED VS QUE

INVESTOR PROGRAM

Business Class
Pace Law Firm specializes in the field of Canadian Immigration and provides services for a broad range of immigration matters. The firm has particular expertise in the area of Business Class applications. The Business Class immigration program attracts experienced entrepreneurs, investors, and business people into Canada to support and contribute to the strength, prosperity, and development of our economy. There are three classes under which one can apply: Investors, Entrepreneurs, and Self-Employed. In comparison with the Skilled Worker Class, fewer applicants are admitted under the Business Class category. Under the Investor Class category, the applicant is not obligated to own or establish their own business enterprise. Instead, the applicant invests a minimum of $800,000 in the form of a loan to the Canadian government, managed by Citizenship and Immigration Canada. The applicant must have a minimum net worth of $1,600,000, obtained legally, and the investment will be returned after 5 years, without interest. The advantage of this class of application is the applicant is not required to establish and manage their own business, and therefore avoids having to pay income tax on revenue and earnings. As an additional benefit, the investor does not necessarily have to invest the $800,000 from their personal assets. Instead, many choose to borrow the finances from banks or financial institutions. Many Canadian banking and financial institutions have Immigrant Investor Programs (IIPs), which loan the funds to Canada or the province of Qubec, depending on the investors immigration destination, for a one-time fee calculated according to current interest rates. Presently, the fee is $220,000. Investors can also qualify if they have owned and operated a successful business or have managed a minimum of 5 workers in a business for at least

2 of the last 5 years. Thus, a senior manager with no ownership experience can still qualify under the Investor Class. Under the Entrepreneur class, the applicant need only demonstrate a net worth of at least $300,000, obtained legally; and an established record of successful business and entrepreneurial experience; and he must commit to the conditions of the Entrepreneur Program, which includes managing and owning at least one third of a business, for at least one year within three years of arrival. The Entrepreneur must establish, maintain, and manage a business in Canada with the obligation that they do so within 2 years of arrival, and is liable for all incurring expenses and taxes, including on any income received or obtained from abroad. The Investor, however, is exempt from any further terms and conditions of permanent residence after the required funds are invested.

Pace Law Firm (Immigration)

295 The West Mall, 3rd Floor Toronto, Ontario M9C 4Z4 Tel: 001.416.236.3060 Toll Free: 1.888.825.9303 Fax: 001.416.236.1809 Email: immigration@pacelawfirm.com www.paceimmigration.com