Effective December 1, 2010 applicants will need to demonstrate a personal net worth of CAD$1.6 million and invest CAD$800,00 for 62 months. The program enables qualified applicants to obtain permanent resident status in Canada with a guaranteed repayment of their initial investment.

Eligibility for the program requires 2 years of demonstrated business experience as follows:

• Managed a qualifying business and controlled a percentage of equity of the qualifying business for at least 2 years in the period beginning 5 years before the date of the application
  OR
• Managed the equivalent of at least 5 full-time employees per year in a business for at least 2 years in the period beginning 5 years before the date of the application
  OR
• A combination of 1 year of experience described in the first point and 1 year of experience described in the second point above.

Immigrant investors need to obtain a minimum of 35 points using a selection criteria that assesses 5 categories:

Immigrant investors and their family members are required to pass a medical examination as well as security and criminal record checks.

A successful applicant must satisfy a Canadian visa officer that their assets as well as the assets of their spouse or common law partner were legally obtained. Additionally, applicants need to demonstrate that after depositing their guaranteed immigrant investment with Citizenship and Immigration Canada they will still have enough money to support themselves and their dependents in Canada.