Canada’s Golden Visa is a residency-by-investment program that allows individuals to obtain permanent residency in Canada in exchange for a significant financial investment. This program was launched in 1986 as a way to attract high-net-worth individuals to the country and stimulate economic growth.
To be eligible for Canada’s Golden Visa, applicants must make a significant investment in the Canadian economy, either through a government-approved investment fund or by starting a business in Canada. The investment required for the program ranges from CAD 200,000 to CAD 2,000,000, depending on the chosen investment option.
Applicants for the Golden Visa program must also meet a set of criteria. Including passing a background check and demonstrating that they have sufficient funds to support themselves and their dependents. Additionally, they must provide proof of their language proficiency in either English or French.
The Process of Obtaining Canada’s Golden Visa
Once the investment is made and the required criteria are met, applicants will receive a temporary resident visa. That allows them to enter Canada and start the process of becoming permanent residents. After two years of physical presence in Canada, Golden Visa holders can apply for permanent residency.
Benefits of the Golden Visa
The benefits of obtaining Canada’s Golden Visa are numerous. As permanent residents of Canada, individuals have the right to live, work, and study anywhere in the country. They have access to publicly funded healthcare and education systems. They can also sponsor their family members to join them in Canada. And after three years of residency, they may be eligible to apply for Canadian citizenship.
Working with mana immigration Professionals
Working with a professional immigration company can be crucial in obtaining a Golden Visa in Canada and help ensure that your application is successful. Mana immigration experts have extensive experience with the program and can provide guidance and support throughout the entire process, from the initial application to securing permanent residency. They can also help you navigate the complex regulations and requirements of the program and provide valuable insights and advice on the best investment options for your specific situation. Have questions? Don’t hesitate to contact us.