A World of Investment and Mobility at your Doorstep
RCI Capital Group Inc. has two products that facilitate investment in Canada and the United States while providing opportunities to live and work in these two countries. These “Citizenship or Residency through Investment” programs are innovative ways to attract global capital and encourage diversity in the business sectors.
As the largest non-bank financial institution in Canada, RCI Capital Group has worked with investors from over 52 countries, facilitating over $2 billion in investment capital in Canada and the United States.
“We have been completing these kinds of transactions on behalf of credible and government-approved international investors and entrepreneurs for many years,” said Sylvain Payette, Chief Executive Officer of Renaissance Capital Group. “As these programs become better known and understood, investors are looking to the reciprocal benefits of RCI because of our track record of successful investments and international experience.”
The EB-5 visa provides a method of obtaining a green card for foreign nationals who invest in the United States. To obtain the visa, individuals must invest $1,000,000 creating or preserving at least 10 direct jobs for U.S. workers excluding the investor and their immediate family.
An alternative program is the EB-5 Regional Center Pilot Program which requires a passive investment of US $500,000 which allows the investor and their families to qualify for a Green Card by producing a combination of 10 direct and/or indirect employment opportunities. Within a Regional Center, private entities or US States develop new commercial projects in which immigrant investors might choose to invest. RCI has an approved Regional Center from the United States Department of Homeland Security.
In Canada, the Quebec Immigrant Investor Program (QIIP) the province of Quebec accepts investors with net assets of at least $1,600,000 CAN obtained legally who are willing to apply for Quebec immigration and invest $800,000 with a financial intermediary (investment dealer or trust company) authorized to participate in the Investor Program.
The programs are “win-win” as capital investment creates jobs, which in turn creates tax revenue for provincial, state and federal governments. The investor receives citizenship for themselves and their families and an opportunity to build a life in Canada.
“In larger numbers than ever before, projects across many jurisdictions are being funded by programs like the EB-5,” said Payette. “Investors from around the world are looking for projects that offer a reasonable level of risk and a good potential return on investment. We work diligently to find projects across Canada and the United States of a similar nature.”
RCI Capital Group was successful in creating an EB-5 Regional Center in Arizona in early 2014 and is now exploring attractive investment opportunities.