The Immigrant Investor Venture Capital Pilot Program – Too Risky?

This new Immigrant Investor Venture Capital Pilot Program opens Canada’s doors to 60 potential investors.

Requirements:

1. Proficieny in either English or French (as proven via test results);

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2. Post-secondary degree, diploma or certificate obtained from a Canadian higher learning institution.
3. Personal net worth must be at least $10 million CAD (and must be verified to have been acquired through legal means only by way of investment or business and not by way of inheritance).
4. Investors must make a $2 million CAD investment in the Immigrant Investor Venture Capital Fund. The investment will not be guaranteed and the funds need to be committed for approximately 15 years.

Knowing all that we know, is the non-guaranteed $2 million CAD investment worth it? Is it too risky? Is the price of immigration becoming too high?

Categories: Immigration Law