Investor criteria – T50 (Comprehensive and Progressive Agreement for Trans-Pacific Partnership)
This section contains policy, procedures and guidance used by IRCC staff. It is posted on the department’s website as a courtesy to stakeholders.
The investor provisions of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) apply to applicants who:
- are citizens of Australia, Japan, Mexico or Vietnam
- will establish, develop or administer an investment to which the business person or their enterprise has committed or is in the process of committing a substantial amount of capital
- are in a supervisory or executive role or a role that involves essential skills
Officers may refer to the North American Free Trade Agreement investors instructions for procedures on assessing substantial amount of capital and definitions related to supervisors, executives and essential skills.
Note: Permanent residents of Australia may also qualify under this category.
Applications under this category can be made from within Canada, at a port of entry, or at an Immigration, Refugees and Citizenship Canada office abroad, per the requirements set out in sections 197, 198 and 199 of the Immigration and Refugee Protection Regulations.
Length of stay
The length of stay is 1 year, with possible extensions at the officer’s discretion if the applicant is able to provide documentation that satisfies the processing officer of the applicant’s need to have their stay extended.
See Extending work permits issued under the CPTPP for details on when an application can be extended.
Spousal provisions – T53
An open work permit may be issued to the spouse of an investor if the principal applicant is
- a citizen of Australia, Japan or Mexico
- a permanent resident of Australia
Spousal eligibility is based on the citizenship or permanent resident status of the principal applicant.
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