Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Residence by Investment, sometimes known as "golden visa" or "immigration by investment," refers to programs that allow individuals to obtain permanent residence or citizenship in a country by making a significant investment in that country's economy. In Canada, there is no specific federal program called "Residence by Investment." However, the Canadian government and its provinces, including Ontario (where Etobicoke is located), offer a number of business immigration and investor immigration pathways—such as the Ontario Immigrant Nominee Program (OINP) and the Start-up Visa Program—that allow qualified investors, entrepreneurs, and business people to gain permanent residency in Canada, provided they meet certain investment, business operation, and residency requirements.
In Etobicoke, which is part of the City of Toronto, applicants commonly use these provincial and federal immigration streams to settle and invest, benefiting from the region's economic opportunities and diverse community.
The legal and procedural requirements of Residence by Investment in Canada are complex and subject to frequent updates. Here are common situations where you may need a lawyer:
Legal counsel ensures you don't miss critical steps, avoid costly errors, and improve your chances of a successful application and settlement in Etobicoke.
Etobicoke, as a part of the Toronto municipality and Ontario province, is subject to both federal and provincial immigration laws. Key aspects to consider include:
Residence by Investment refers to immigration streams where individuals can obtain residency status by investing in the Canadian economy, often through business ownership, start-up ventures, or significant financial contributions.
Canada does not have a direct "golden visa" program like some countries. However, there are federal and provincial business immigration programs that offer pathways to permanent residency through investment and entrepreneurship.
The required investment varies by program. For example, the OINP Entrepreneur Stream typically requires at least CAD $200,000–$600,000, depending on business location and sector, and additional requirements like net worth and job creation.
Generally, investments in passive real estate (personal homes or speculation) do not qualify. Most programs require active business investments that create jobs and contribute to the Canadian economy.
Typically, steps include choosing the right stream, preparing business/investment plans, submitting an application, passing background checks, investing as required, and meeting performance criteria (e.g., job creation).
Timelines vary, but from application submission to obtaining permanent residency, it may take one to three years, depending on the program and individual processing times.
Yes, most business immigration streams allow you to include your spouse/partner and dependent children in the application for residency.
Refusals can often be appealed or re-applied for, but you should review refusal reasons with a lawyer and address any deficiencies or compliance issues before proceeding.
It is not mandatory to hire a lawyer, but legal support is highly recommended due to the complexity and high stakes involved in investment immigration applications.
Once your permanent residency is approved through any eligible program, you generally have the right to live and work anywhere in Canada, including Etobicoke.
If you require more information or assistance, the following resources and organizations are recommended:
If you are considering Residence by Investment in Etobicoke or elsewhere in Canada, here are the suggested next steps:
The pathway to residency by investment in Canada can be highly rewarding but also legally and procedurally intricate. Professional legal advice tailored to your individual case is the best way to maximize your chances of success in settling in Etobicoke.
