Canada's Start-up Visa

Canada's Start-up Visa

Dan Yasny dyasny at gmail.com
Tue Jul 23 17:21:05 IDT 2013


Amazing, all this, while other people have to wait for years and years for
the same citizenship


On Mon, Jul 22, 2013 at 10:42 PM, Geoffrey S. Mendelson <
geoffreymendelson at gmail.com> wrote:

> On 7/23/2013 6:07 AM, Tom Balazs wrote:
>
>> Q: What is the minimum investment that I would need to apply for a
>> start-up visa?
>>
>> A: You must secure a minimum investment of $200,000 if the investment
>> comes from a designated Canadian venture capital fund.
>>
>> You must secure a minimum investment of $75,000 if the investment comes
>> from a designated Canadian angel investor group.
>>
>> http://www.cic.gc.ca/english/**immigrate/business/start-up/**index.asp<http://www.cic.gc.ca/english/immigrate/business/start-up/index.asp>
>>
>
>
> Or if it turns out that you were born in Canada, or have a relative that
> was born in Canada, you are a Canadian citizen.
>
> I was born in Canada, my parents were dual US/Canadian citizens. I moved
> to the US when I was 5, and never went back, so I lost my citizenship.
>
> About two years ago, the law was changed, and I am now a Canadian citizen,
> so is my wife, my children (who have never been to Canada), and their
> spouses and their children*.
>
> I think it goes farther than that.
>
> In order to claim your free citizenship, you fill out a form and send them
> $75, which gets you a citizen's ID card (similar to a tehudat zehut). Once
> you have one of those you can apply for a passport.
>
> Since the citizenship was bestowed upon you, and not requested it does not
> affect your other (e.g. US or Israeli citizenship) you may have, nor does
> it incur any tax liability.
>
> Geoff.
>
> * My oldest son is the only one who is married and it turns out his wife's
> father was born in Canada, so he would also be a citizen, and so would his
> children because his wife is now a citizen.
>
>
> --
> Geoffrey S. Mendelson,  N3OWJ/4X1GM/KBUH7245/KBUW5379
>
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