International investors with a personal net worth of CDN $10 million or more, the skills and abilities needed to contribute to the Canadian economy and integrate into Canadian society, may be eligible to apply for permanent residence under the Immigrant Investor Venture Capital (IIVC) Pilot Program.
If you want to become an investor in Canada you should know all investment terms and management under IIVCPP. Each immigrant investor will supply the program with CDN $2 million. That is a non-guaranteed investment for the Immigrant Investor Venture Capital Fund. This fund will invest in pioneering and promising Canadian start-ups with high development potential, for the good of Canada. BDC Capital will be in charge of managing the fund. BDC Capital is the investment arm of the Business Development Bank of Canada, that will provide fund managers that were previously chosen to run Government of Canada investments under the Venture Capital Action Plan.
As with any venture capital investment, you could get proceeds over time or at the end of the investment term. They will depend on the performance of the fund, on its gains or losses, including fees and expenses incurred to manage it. However, this would be an at-risk investment, so you don’t have a guarantee of return. It is possible that you could lose some or your entire venture.
And each investor must sign an agreement before they make their CDN $2 million at-risk (non-guaranteed) investment that has more information about the management of the fund, conditions, and terms.