Who said that I know full details of program? I don't. I've been in conference in Hong Kong and listened to Canada's officials speaking. That's it.noosh said:Liveclaim, do you know the full details of this new program? No, since the government has yet to announce it. Based on Chris Alexander's interviews, vague ideas about this new program have surfaced.
If you read what I said carefully, they no longer will offer a simple investment program (like the past one) in return for PR, instead they want you to more actively contribute to the economy, that's the speculation of the new program as of now. I.e. you have to invest, start a business. It is completely different from the terminated program, hence I said, it won't be relaunched with an increased doubled investment, it is terminated for good.
Start a business for investors visa? you kidding right? Canada got start-up visa for this.
New program will be different from terminated program, but not COMPLETELY. Most likely, potential investors will have to invest $3-$5M with venture capitalists or something similar to Australia's system. There'll be no guarantees, which means your money will be at risk. Also, I wouldn't be surprised if Canada refuse to give PR for investors. Again, I expect something similar to Australia's investor program, which means Investors would be allowed to stay in the country for some time before they can apply for PR.
and quit this starting a business for investors visa shit. There other ways Canada can make this program better for their economy.