Ministerial Instructions 19 (MI19): Instructions respecting the Immigrant Investor Venture Capital Class
On May 23, 2015, new Ministerial Instructions were issued to manage applications for permanent residence under the Immigrant Investor Venture Capital Class.
Under MI19, IRCC will accept permanent resident applications received under the Immigrant Investor Venture Capital Class from May 25 to December 30, 2015. The first 60 complete applications will be processed. IRCC will also accept up to 60 additional applications that will be placed on a waiting list. The program may close earlier than December 30, 2015, if 60 immigrant investors are approved for permanent residence, or once 60 applications are in processing and 60 applications are on the waiting list.
Through MI17 and M18, IRCC also accepted applications from January 28 to February 11, 2015 as well as from February 13 to April 15, 2015.