Introduction: Citizenship in Canada can be obtained by investing $1,200,000 in Quebec. This option is only appropriate for those who intend to move to Canada permanently. Investor visa is one of them.
Citizenship in Canada cannot be obtained remotely: the applicant must demonstrate their language knowledge, ability to integrate into local society, and willingness to live in the country for three years. Only then will they be able to apply for citizenship.
There are many investor visa consultants. We consider applicant requirements and provide alternative investment programs with less stringent conditions.
Advantages of Canadian Citizenship
Canada is regarde as a desirable place to live. It is a popular immigration destination due to its developed economy and democracy, advanced education and health care systems, and a reputation for ethnic and racial tolerance. One-fifth of the population comprises immigrants from various parts of the world.
Citizenship in Canada provides the following benefits:
- Visas are not require for travel to 180 countries, including the United States, Japan, China, Hong Kong, Australia, and the European Union.
- Canada recognizes dual citizenship and allows applicants to retain their primary citizenship.
- In an advanced healthcare system, free health insurance is provided.
- There are no taxes on inheritance or income earned abroad, and it is possible to run a business.
- concentrated on the North American market
- Low taxation
- High standard of living: Canada is ranked among the best countries to live in;
- Pension and benefits are appealing.
How to Obtain Canadian Citizenship Through Investment?
In Canada, dozens of migration programs assist foreigners in moving to Canada and obtaining citizenship. Most have stringent requirements for applicants’ education, age, and profession. Applicants who invest in the economy or open a business in Canada can obtain residency or citizenship more quickly and easily.
Canadian citizenship by investment can be granted immediately to all family members, including common-law spouses and children under 18. Adult children must apply and invest independently. Once obtained, the younger generation inherits citizenship. However, the parents of the husband and wife cannot include in the original application: they can only move to Canada after the investor’s family has moved.
A Canadian passport obtained through investment cannot obtain for another 3-5 years. First, a permanent residence application must be submitted. The applicant must then live in Canada for three years, spending at least 183 days per year in each of the three years. Only then will they be able to apply for citizenship.
Besides the right to vote and hold public office, permanent residence grants the investor and their family the same rights and responsibilities as Canadian citizens.
The Canadian Citizenship by Investment Program was operated nationwide from 1986 to 2014. However, it has only been available in the French-speaking province of Quebec since 2014. (the Quebec Immigrant Investor Program, QIIP).
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Who is Canada citizenship by investment appropriate for?
The Canadian Citizenship by Investment Program is appropriate for those who intend to live in the country permanently, relocate with their families, raise children, and also pay taxes. This is not an appropriate option for applicants seeking a passport for travel, tax purposes, or business development.
Unlike other immigration programs, there is no age limit for investors of 46 years, making it often the only option for mature people to move to Canada.
Citizenship through investment is not restrict to Canada. There is a lot of uncertainty about the future of Canadian citizenship through investment programs: some have been frozen, while others are only valid until autumn 2021.
Reach2world is one of the consultants who provides immigration to Canada.