Exploring Residency by Investment: A comparative analysis of Canada’s and the U.S. programs

By Afshin Sarhangpour 

For entrepreneurs seeking a new beginning in North America through investment, the dilemma of "the U.S. or Canada?" is a critical decision point. This article dissects the permanent residence by investment (RBI) programs in both countries: the renowned EB-5 program in the U.S. and Canada's Entrepreneur pathway, or C11. These pathways offer routes to secure permanent residency or a green card through strategic investments in business ventures. 

USA's EB-5 Visa Program:

The EB-5 program acts as a gateway for foreign investors in the United States. Applicants must invest in a new or existing U.S. business to obtain this investor visa. Upon approval, conditional temporary residency is granted for two years, paving the way for a green card and permanent residence. 

Canada's Entrepreneur Program:

Canada, known for its diverse business immigration options, offers the C11 Entrepreneur Stream tailored for foreign investors and entrepreneurs. This program requires establishing a new business or acquiring an existing one in Canada. Upon C11 approval, a Canadian work permit is issued for two years, leading to a path to permanent residency. 

CHOOSING BETWEEN THE USA AND CANADA FOR PERMANENT RESIDENCE BY INVESTMENT:

While the US EB-5 and Canada's Entrepreneur streams offer paths to permanent residency, their procedures significantly differ. Furthermore, C11 stands out for its flexibility, efficiency, and accessibility to foreign entrepreneurs, investors, and businesses. 

Factors to Consider: Canada vs. U.S. Immigration: 

1. Flexibility in Entrepreneur Immigration: 

Canada provides more flexibility in business immigration compared to the United States, offering diverse avenues for foreign business owners, including business transfers, franchise investments, or establishing new ventures. 

2. Education: 

The cost of education in Canada is notably more affordable than in the United States, making its RBI route appealing, especially for those planning their children's college or university education. 

3. Healthcare: 

Canada provides free public healthcare, a feature absent in the U.S., a critical factor for those considering citizenship by investment. 

How Business Immigration Works: 

Regardless of whether applying for an EB-5 Visa or an Entrepreneur Visa, the fundamental concept of business immigration remains consistent – investing in a business within the country of intended immigration. Investment amounts, processing times, job creation requirements, and timeframes for achieving permanent residency vary significantly. 

Choosing between permanent residency through investment in the United States or Canada demands a comprehensive assessment of factors such as investment prerequisites, job creation mandates, processing durations, and treatment of dependent children. 

Individual circumstances and objectives play a pivotal role, and seeking legal counsel is advisable to navigate the complexities of these immigration procedures. Note that this information is subject to potential changes. 

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