By Majorie Van Leijen, Emirates 24/7 | Link to Article
Application window for Immigrant Investor Venture Capital (IIVC) Pilot Programme has been extended till April this year.
By Majorie Van Leijen, Emirates 24/7 | Link to Article
Application window for Immigrant Investor Venture Capital (IIVC) Pilot Programme has been extended till April this year.
Canada has extended the period in which it accepts applications for the Immigrant Investor Venture Capital (IIVC) Pilot Programme, the new programme for investors interested in migrating to Canada.
Instead of closing for applications on February 11, 2015, Canada has announced to extend the application period until April 15, 2015, giving investors more time to prepare and submit their complete files.
The IIVC programme is geared towards wealthy investors who wish to settle down in the Northern American country. The programme replaced the Federal Immigrant Investment Programme (FIIP) and the Entrepreneur Programme, both of which had been closed for applications for a long time due to an increasing backlog.
Within a timeframe of a mere couple of months the government will accept 500 applications, while only 60 successful candidates will be selected to be granted permanent residency status.
Given the competitive nature of the programme and the importance of the preparation of a complete file, the extension period will serve the applicant well.