Canada has always been the top-notch choice for international immigrants like students, investors, or travelers. Canadian government runs an independent citizenship program for investors to attract foreign capital and business innovations. Foreign investment also boosts the economic growth of the country. In order to get Canadian citizenship, the minimum capital requirement is CAD 1,200,000. Apart from this, the investor must qualify for the below eligibility criteria.
Once the investor passes the eligibility criteria, they can start to process their application. Here are the 4 simple steps to apply for citizenship through investment. Prepare documentsFirstly, the investor must start proceeding with documents by filling out registration forms. Canada immigration consultant in Ahmedabad can help investors to prepare documents in a legal manner. While submitting the application form, the submission of mandatory documents is required, including proof of entrepreneurial experience, required income, and financial savings. Apart from this, investors need a medical certificate from an authorized hospital and payment for the application. Selection certificateOnce the investor completes the application, the Canadian authority will make a decision on the inverter by granting a selection certificate. To grant certificates, the officials consider candidacy, financial assets, and intentions to live in Canada. Winning PRThe selection certificate will open doors for the investor to apply for a permanent residence permit at the Centralized Intake Office in Canada. It will check the report of the medical examination and verify due diligence. Pursuing citizenshipInvestors can apply for citizenship after completing 5 years in Canada, in which 3 years stay in Canada is mandatory. The investor will have to go through the test and interview conducted by an official representative. The qualified candidate will be awarded Canadian citizenship after the oath of allegiance. Wrapping up Getting Canadian citizenship by investment for Indian investors is not difficult if they stick to the right path. However, they require assistance to prepare documents and applicants that can comply with regulations. They can reach out to the Canadian immigrant consultant to stay hassle-free in the process of getting citizenship.
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