How much RMB is needed for Canadian investment immigration?

Key Points:

• Understanding Canadian Investment Immigration Programs
• Calculating RMB Requirements for Investment
• Gathering Essential Documents for Application

How Much RMB is Needed for Canadian Investment Immigration?

Understanding Canadian Investment Immigration Programs:

Canadian immigration offers several investment programs for individuals seeking permanent residency:

• Quebec Immigrant Investor Program (QIIP): Requires an investment of $1.2 million CAD in a government-approved fund for a minimum of 5 years.
• Ontario Immigrant Nominee Program (OINP) - Business Immigration Category: Requires a net worth of $2 million CAD and an investment of $500,000 CAD in an eligible business.
• Start-Up Visa Program: Requires an endorsement from a designated venture capital fund or business incubator and an investment of $200,000 CAD in a Canadian business.

Calculating RMB Requirements for Investment:

The RMB amount required for Canadian investment immigration depends on the exchange rate on the day of application. To estimate the approximate RMB equivalent:

• Convert the CAD investment requirement to USD: QIIP - $1.2 million USD, OINP - $500,000 USD, Start-Up Visa - $200,000 USD
• Obtain the current exchange rates for USD to RMB from reputable sources like XE or Google Finance

Example Calculation (assuming a USD/RMB exchange rate of 6.5):

• QIIP Investment: $1.2 million USD × 6.5 = 7.8 million RMB
• OINP Investment: $500,000 USD × 6.5 = 3.25 million RMB
• Start-Up Visa Investment: $200,000 USD × 6.5 = 1.3 million RMB

Gathering Essential Documents for Application:

In addition to the financial requirements, applicants must gather the following documents:

• Proof of identity (passport)
• Proof of financial resources and investment
• Business plan and feasibility study (if applicable)
• Educational transcripts and language proficiency tests
• Police clearance certificates
• Medical examination results