Prudent economic management and a specialist immigration stream see Canada attract significant international investment
The G20 summit in Toronto this weekend will see an international focus on the Canadian Government’s successful negotiation of the financial crisis, with the country now being seen as a viable option for foreign investors due to a specialist immigration stream for investor migrants.
In 2009, Canada welcomed the highest number of investor migrants on record with the strong economy and focused Canadian immigration policies attracting 2,872 investors to migrate, accompanied by their family.
The country has an established Canadian Immigrant Investor Program that enables business owners and qualified managers to immigrate with their families, with migrants free to work, set up new businesses and purchase property.
Yesterday, Canadian Finance Minister Jim Flaherty started an international tour to boast about the nation’s economic record during the financial crisis and to outline Canada’s priorities for this weekend’s G20 summit.
At the summit the Canadian government plans to highlight the Canadian financial system, the prudence displayed by lenders, the vigour of the banking regulator and how the Canadian economy has managed to outperform many industrialised peers during the crisis.
The Canadian Government also encourages investment into Canada by offering permanent residency to those willing to contribute to the economy. In order to be eligible to immigrate under the program, an investor must demonstrate net worth, and employment or business management requirements amongst others.
