ARTICLE · 20 JULY 2017

Wealthy Immigrants To Canada Turning To Temporary Work Visas

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July 20, 2017 - Wealthy business immigrants are buying businesses and turning to Ottawa's temporary work visa, ‘owner-operator' policies to gain entry to Canada. Opportunities for investment based immigration to Canada are otherwise limited.

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Colin Singer

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July 20, 2017 – Foreign Investors Apply for Temporary Work Visas Under Ottawa's Business Owner-Operator Rules

Wealthy business immigrants are buying businesses and turning to Ottawa's temporary work visa, 'owner-operator' policies to gain entry to Canada. Opportunities for investment based immigration to Canada is otherwise limited. Current federal permanent immigration programs although operational on paper, are not attracting interest from foreign investors.

The federal government's Immigrant Investor Venture Capital (IIVC) Pilot Program, offering permanent residence to ultra high net worth individuals, is practically non-existent according to the current Ambassador to China and former federal immigration minister John McCallum.

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