TERMIUM Plus®

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PASSIVE INVESTMENT PROPOSAL [1 record]

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Record 1 2006-02-07

English

Subject field(s)
  • Citizenship and Immigration
CONT

For the purposes of subsection (5), a passive investment proposal is an investment proposal, involving an investment by a foreign national, that has as one of its objectives to facilitate or lead to the nomination of the foreign national by a province in a nomination certificate and their immigration to Canada where the foreign national has no active, ongoing or direct responsibility for managing or operating the enterprise to be financed by the proposal; or the terms of investment of the proposal include a redemption option exercisable by the foreign national after a specified period.

OBS

Term found in the Immigration and Refugee Protection Regulations, 2002.

French

Domaine(s)
  • Citoyenneté et immigration
CONT

Pour l'application du paragraphe (5), projet de placement passif s'entend de tout projet de placement, effectué par un étranger, qui vise, entre autres, à obtenir la désignation de celui-ci dans un certificat de désignation délivré par une province et à conduire à son immigration au Canada, et remplit l'une des conditions suivantes : l'étranger n'a pas de responsabilité active, permanente ou directe de gestion ou d'exploitation de l'entreprise financée par le projet; les conditions du projet comprennent une option de rachat susceptible d'exercice par l'étranger à la fin d'une période donnée.

OBS

Terme tiré du Règlement sur l'immigration et la protection des réfugiés, 2002.

Spanish

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