Invest C$400,000 for 5 years & be a permanent Canadian resident

Canada's immigrant investor programme, under which applicants investing Canadian $400,000 for five years with the Canadian government NRI Taxation
Remittances made easy
Liberalised norms for NRI investors
are eligible for permanent residence, is being expanded as a source of foreign investment to tackle the economic downturn.

Canada's minister of citizenship, immigration and multiculturalism Jason Kenney told ET that the programme will be made more attractive for high net worth individuals so that it can draw more capital to Canada in these recessionary times. The immigrant investor programme was created by the Canadian government, originally, to woo successful foreign business immigrants to bring new investment to Canada.

The Canadian government will soon announce changes in the immigrant investor programme so that we can leverage it better as a source of capital inflows into the country in these recessionary times.