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Address:

Wall Street Plaza
88 Pine Street, 31st Floor
New York, NY 10005


Phone:

212.668.0690


Fax:

212.668.0691


Email:

info@canamenterprises.com


INVESTMENT > Subscription Procedures

Procedurally, interested investors will receive comprehensive offering materials that will describe in detail the U.S. immigrant investor program, the particular regional center and one or more proposed qualifying investments.

Investors who approve of a particular qualifying investment will be required to execute a subscription agreement to a designated regional center limited partnership and to deposit a capital investment in the amount of $539,000 with the escrow agent.

Qualifying investors currently in the U.S. on a non-immigrant visa need to be accredited investors. An accredited investor is a term defined by various security laws that describes investors permitted to invest in certain types of higher risk investments, limited partnerships, hedge funds and angel investor networks. In the U.S. an individual is considered to be an accredited investor if he or she has a net worth of at least $1 million US dollars (excluding the primary residence) or has made at least $200,000 US dollars each year for the last two years ($300,000 with spouse if married) and has the expectation to make the same amount in the current year.

Priority will be given to qualifying investors as determined by the General Partner in the order that their respective capital investments are received. Capital investments will be returned in the event of over-subscription. Investment amounts will be released to the designated limited partnership upon the approval of an investor's immigration application and to the investor in the event an investor's immigration application is denied.
CanAm Subscription Procedures Flowchart



ROLE OF CANAM

Role of Our Partners

The day-to-day management of each limited partnership will be conducted by the General Partner.

The duties of the General Partner, to be set out in the limited partnership agreement, which is included in the offering materials for the relevant limited partnership, include:

  • recommending qualifying investments to limited partners
  • determining that proposed qualifying investments meet the minimum investment criteria
  • determining that proposed qualifying investments meet the criteria for job creation under the Program
  • monitoring the target business with respect to continuing qualification under the Program
  • monitoring the qualifying investments and the financial performance of the target business
  • updating limited partners on the investment with semi-annual reports
  • calling meetings of limited partners, as necessary
  • maintaining limited partnership books and records
  • retaining lawyers, auditors and other professionals as may be required on behalf of the limited partnership

The general partner of each limited partnership will retain an economic development partner to provide certain advisory and administrative services to each limited partnership (see Role of Our Partners).

Partners of each regional center are specialists within a particular region or target industry and have expertise and experience.  Our partners are retained pursuant to an advisory agreement entered into by the general partner of each limited partnership to provide certain advisory and administrative services to the limited partnership. 

Our Partners:

  • For more information PIDC, our PIDC Philadelphia Regional Center partner, please click here
  • For more information on DCED, our Pennsylvania Regional Center partner, please click here
  • For more information on EI Capital, please click here
  • For more information on DBEDT, please click here

 

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No offer to sell any security is made by this website. Offerings will be made pursuant to exemptions from registration requirements set out in applicable securities laws. This website is a summary only of certain important matters relating to offerings and is qualified in its entirety by the detailed information in the offering materials. Prospective investors should take note of the risk factors described therein.