FEDERAL PROGRAM

CRITERIA SUMMARY

Net Worth

Investor must have a minimum net worth of $8, 00,000 acquired lawfully. "Net Worth", with respect to an Investor, means fair value of all the assets of the Investor and spouse or common law partner minus the fair market value of all liabilities. (Inheritance can be included).

Management Experience

Management of a business

Investor has manage at least 5 full-time job equivalents per year during at least 2 years in the period beginning 5 years before the date of application and ending on the date of the interview decisions.
Or

Ownership of a business

Investor has owned and managed a business that meets any 2 of the 4 requirements hereunder according to his/her % of ownership (N%), during at least 2 years in the period beginning 5 years before the date of application and ending on the date of the interview decision.

Examples

Investment

Investor must sign and agreement which commits him/her to making a 100% guaranteed passive investment of $ 400,000 through Desjardins.

PROCEDURES SUMMARY

Step I (a): Processing

Prepare all government application forms/ required documents and submit to:

The Canadian Visa Office (CVO) in the Investor's country of residence, i.e., New Delhi

Step I (b): Government Fees

Above fee is payable with application

Landing fees are applicable to principal applicant and spouse (but not for dependent) and are refundable should the visa be refused. Landing fees can be paid after the visa approval or at the time of interview.

1 CAD= Indian Rupees 38 approximately

Step II: Interview

• In a CVO of the Investor's country of residence or in a designated CVO;
• Interview could be waived by the CVO.

Step III: Medical and Security Checks

Step IV (a): Investment- Full deposit

Step IV (b) Desjardins Golden Plan

It qualifies the Investor to receive a pre-approved loan from Desjardins in order to meet the $400,000 investment requirements more easily and limits the Investor's down payment. Therefore, the remaining portion of funds can be placed in other higher-return investments.

Actual down payment required: $ 120,000

Status

Unconditional Canadian Permanent Resident Visa: With the unconditional Canadian Permanent Resident Visa in the Investor's passport, the Investor may enter Canada without any specific requirement or condition. This Canadian Permanent Resident Visa is valid from the date of issuance until the first anniversa­ry date of the medical exam. Upon arrival, the Investor is granted Permanent Resident Status which entitles him/her the right to live, study, and work anywhere in the country as any other Canadian citizen or resident.

Permanent Resident Card: Following the Investor's first entry in Canada as a resident, a Permanent Resident Card will be issued to the Investor, the spouse, and each of the dependents. The Permanent Resident Card provides holders with a secured proof of their Permanent Resident Status in Canada and is required when boarding a commercial carrier (i.e. plane, train, boat or bus) bound for Canada. Used with the holder's national passport, it allows the Investor, the spouse, and each of the dependants to travel freely to and from Canada.

In order to maintain the validity of the Permanent Resident Card and consequently the Permanent Resident Status, the Permanent Resident is required to ac­cumulate two years of physical presence (not necessarily consecutive) in Canada in every five-year period.

Canadian Citizenship: A Permanent Resident (Investor and/or his dependents) can apply for Canadian citizenship if he/she has been present in Canada for at least three years out of the four years immediately preceding his application for citizenship. As soon as a Permanent Resident obtains his/her Canadian citizen­ship, he/she can apply to get the Canadian passport, which can be obtained within 3 to 4 weeks. Canadian passports are valid for five years only and a new one must be obtained upon expiry.

Dual Citizenship: Under Canadian law, a Canadian is allowed to be a citizen of another country as well. Some countries, however, will revoke the citizenship and passport upon becoming a Canadian citizen. The consulate or embassy of the Investor's country of origin can confirm if this is applicable.

All figures in Canadian Dollars
Welcome to Canada, a Nation of Prosperity and Limitless opportunities!

QUEBEC PROGRAM

CRITERIA SUMMARY

Net Worth

Net-worth Investor must have a minimum net worth of $800,000 acquired lawfully. "Net Worth", with respect to an Investor, means fair value of all the assets of the Investor minus the fair market value of all liabilities

Management Experience

Investor must have at least 3 years of management experience* in the last 10 years before the date of application, acquired through a profitable and lawful business (agricultural, industrial, or commercial), a government or an international agency.

*Management experience, with respect to an Investor, means the actual assuming on a full-time basis of responsibilities and duties related to the planning, management and control of financial resources, and of human or material resources.

Investment

Investor must sign and agreement which commits him/her to making a 100% guaranteed passive investment of $ 400,000 through Desjardins.

PROCEDURES SUMMARY

Prepare all government application forms/ required documents and submit to:

BIQ Damascus
or

The Montreal Office (Centre des Services aux Gens d'Affaires)

*After BIQ's interview and approval and the deposit of the required investment (a Quebec Selection Certificate (CSQ) is issued), the Investor's file should be sent to a Canadian Visa Office (CVO) in the Investor's country of residence.

Step I (b): Quebec Government processing Fees

Step II: Interview

Different options are possibilities:

• In Montreal;
• In BIQ Damascus;
• Interview cannot be waived by BIQ.

Step III (b): Desjardins Golden Plan - Part payment and loan option

It qualifies the Investor to receive a pre-approved loan from Desjardins in order to meet the $400,000 investment requirements more easily and limits the Investor's down payment. Therefore, the remaining portion of funds can be placed in other higher-return investments. At maturity, the Government fully reimburses the investment, which services to cover the principal and interest of the loan.

Actual down payment required: $ 120,000

Step IV: Federal Government processing Fees

* Landing fees are applicable to principal applicant and spouse (but not for dependents below 22 years) and are refundable should the visa be refused.

Step V: Medical and Security Checks

Status

Unconditional Canadian Permanent Resident Visa: With the unconditional Canadian Permanent Resident Visa in the Investor's passport, the Investor may enter Canada without any specific requirement or condition. This Canadian Permanent Resident Visa is valid from the date of issuance until the first anniversa­ry date of the medical exam. Upon arrival, the Investor is granted Permanent Resident Status which entitles him/her the right to live, study, and work anywhere in the country as any other Canadian citizen or resident.

Permanent Resident Card: Following the Investor's first entry in Canada as a resident, a Permanent Resident Card will be issued to the Investor, the spouse, and each of the dependents. The Permanent Resident Card provides holders with a secured proof of their Permanent Resident Status in Canada and is required when boarding a commercial carrier (i.e. plane, train, boat or bus) bound for Canada. Used with the holder's national passport, it allows the Investor, the spouse, and each of the dependants to travel freely to and from Canada.

In order to maintain the validity of the Permanent Resident Card and consequently the Permanent Resident Status, the Permanent Resident is required to ac­cumulate two years of physical presence (not necessarily consecutive) in Canada in every five-year period.

Canadian Citizenship: A Permanent Resident (Investor and/or his dependents) can apply for Canadian citizenship if he/she has been present in Canada for at least three years out of the four years immediately preceding his application for citizenship. As soon as a Permanent Resident obtains his/her Canadian citizen­ship, he/she can apply to get the Canadian passport, which can be obtained within 3 to 4 weeks. Canadian passports are valid for five years only and a new one must be obtained upon expiry.

Dual Citizenship: Under Canadian law, a Canadian is allowed to be a citizen of another country as well. Some countries, however, will revoke the citizenship and passport upon becoming a Canadian citizen. The consulate or embassy of the Investor's country of origin can confirm if this is applicable.

All figures in Canadian dollars
Welcome to Canada, a Nation of Prosperity and Limitless opportunities!