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ORVELLIANTGLOBAL ADVISORY

Residency · Americas

Canada Federal Immigrant Investor Program (Closed)

Status: Closed in 2014

Canada announced the termination of its federal Immigrant Investor Program in February 2014, together with the federal Entrepreneur Program.

Decision summary

Minimum investment
Not applicable — closed. The former route required a CAD 800,000 guaranteed loan.
Important restrictions
Terminated in 2014; the backlog of applications was eliminated.
Program status
Closed in 2014

Overview

The federal Immigrant Investor Program gave permanent residence to applicants who made a guaranteed loan to the government, CAD 800,000 from 2010 (CAD 400,000 before).

In Economic Action Plan 2014, announced on 11 February 2014, the government said it would terminate the program, citing a backlog of more than 65,000 people and limited economic benefit.

Quebec ran a separate investor program; its current status is not confirmed, so we do not present it as open.

Investment pathways

Investment pathway
Closed. The former route was a guaranteed loan to the government with permanent residence on approval.
Minimum investment
Not applicable — closed. The former route required a CAD 800,000 guaranteed loan.

Considerations, limitations and risks

Important restrictions

Terminated in 2014; the backlog of applications was eliminated.

  • This program no longer accepts new applications; it is shown for reference only.
  • Former requirements are historical and must not be relied on for a new application.
  • People who obtained status under the program should take advice on their own position.

Status and authority

Operational status
Closed in 2014
Official government authority
Citizenship and Immigration Canada (now IRCC)

Programme rules change; your advisor confirms every figure before you commit.

Frequently asked questions

Does Canada have an investor visa now?

Not at federal level. Quebec's separate program has changed several times, and its current status should be confirmed with Quebec before any decision.

Can I still apply?

No. The program is closed to new applicants. Speak to us about the open alternatives.

Discuss Canada with an advisor.

Share your objectives in confidence. An advisor will outline the options that may be relevant to your family and circumstances.