Question
Jiho is a high net worth investor from Seoul, South Korea. His total net worth is well in excess of the required $10 million CAD.
Jiho is a high net worth investor from Seoul, South Korea. His total net worth is well in excess of the required $10 million CAD. He acquired his wealth through the production of semi-conductors, which he supplies to some of the largest electronic manufacturing companies in the world. He is interested in making a passive investment and is not concerned of the risk associated with this investment stream. His preference is to settle in the West Coast of Canada as it provides easier access to his Asian business connections. Jiho has a Master's Degree acquired in South Korea and has had this assessed by WES to show the Canadian equivalency. His language exam results indicate that he has CLB levels of 5.
Can Jiho apply to the IIVC program?
Select one:
a.
No, as that program is not open to new applications at this time.
b.
No, he has to have a CLB benchmark of 7 in order to qualify.
c.
No, as this program is only open to those who have a PhD.
d.
No, as he has to be actively involved in the management of his investment.
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