Buy Canadian or American Citizenship through Investor Immigrant Programs

The citizenship of Canada or United States of America are for sale for those who can afford to pay the price associated with the investor immigrant programs of  either of the countries.

Canada and United States of America both run investor immigrant programs allowing the potential investor to gain residency along with the dependent family members by either investing in a business in United States of America or depositing it with the Canadian government for five years.

Canada Investor Immigrant Program

Canada has the investor immigrant program that requires the following eligibility criteria:

1. Net Worth: $1.6 Million
2. Experience: Minimum Two years experience during the last five years.
3. The investor must be willing to make an investment of $800,000 with the Canadian government for five years. The investment is refundable after five years without any interest.

The investor must also score 35 points on the selection grid.  The successful applicants obtain their permanent residency along with the dependent family members allowing them to live and work any where in Canada. Once the investor has lived in Canada for three years in four years time, it is possible to submit the Canadian citizenship application to obtain the Canadian passport.

US EB-5 Investor Immigrant Program

United States of America has investor immigrant program that is called EB-5 program. The net worth requirements for this program are $1.0 Million. The investor must make the minimum amount of investment in a business as following:

1. Standard EB-5 Program, requiring an investment of $1,000,000 U.S. dollars.
2. The Regional Center EB-5 Investment, requiring an investment of $500,000 U.S. dollars.

If the petition I526 is successful, the investor along with the dependent family members gets the visa to enter United States of America. The green card is conditional for two years.  After about 21 months of obtaining the conditional green card, the investor must apply to remove the conditions.

Investor can apply for US citizenship after five years. EB-5 investor Immigrant program is expiring at the end of September, 2012.

In both cases, the investors is actually buying the Canadian or American citizenship along with the dependent family members if they meet the investment, medical and security clearance requirements.

Tags: Canada, Canada immigration, Canada investor immigrant program, Citizenship, EB-5 Green card, EB-5 Investor Program, Immigration, United States, US Green card