Bengaluru
Canada is considering a new investment immigration program designed to attract ultra high net worth individuals.
Suggested Terms of New Federal Ivestment Immigration Program
- An investment threshold of between $1.5 million and $2 million – very competitive when compared to similar programs.
- No minimum net worth, making it more attractive for an investor and easier to administer. This is consistent with the industry.
- Asset classes to be chosen by investor. This is consistent with the industry.
- Investment to exclude residential real estate, thus avoiding concerns of real estate bubbles in popular geographical areas.
- Strict due diligence and compliance, conducted by expert third parties. Processing fees of $20,000, plus additional fees for accompanying dependents. Processing fees can help offset program management costs.
