TNAG-1850-FCO40-2625-House-of-Commons-Select-Committee-on-Foreign-Affairs-enquiry-1989 — Page 125

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

MTHALK (2)

suitability (including English or French language skills).

Independent applicants may also apply to emigrate to Canada as Entrepreneurs, Investors, or as Self-employed Persons:

(1)

(2)

Entrepreneurs must intend to operate a business in Canada

that will employ at least one Canadian and be able to

establish a substantial interest in that business.

Investors must have a proven track record in business and

have accummulated a personal net worth of $500,000.

They

are required to invest at one of the following three

investment levels:-

(3)

(a)

$150,000 locked in for 3 years in a province which in

the previous year received fewer than 3 per cent of all business immigrants;

(b) $250,000 locked in for 3 years; or

(c)

$500,000 locked in for 5 years and a personal net

worth of $700,000. All investments must be in a project

which will be of significant economic benefit to the

province in which it is to be located and will provide employment opportunities.

Self-employed Persons are expected to establish a business that employs only themselves and which would contribute to

the economy or the cultural or artistic life of Canada.

Citizenship

4. A person can apply for Canadian citizenship if, within the four

years prior to the date of the application, he/she has been resident in Canada for three years. Any days that the person was resident

in Canada before he/she became a landed immigrant are counted as

half days towards the qualifying period of three years and no

absences of more than 183 days are allowed. After an application is

received an applicant must prove at a citizenship hearing that

he/she has an adequate knowledge of Canada and one of the two

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.