No Class for Someone Who Simply Has Money Coming In
Answer
The general rule applies to you
No exception is recorded for citizens of Argentina on this topic. That is the answer, not a gap - everything below is the rule you get, unchanged.
107 exceptions recorded across 42 countries · none match Argentina to Canada · Residency on passive income
Subsection 70(2) of the Regulations lists every class through which a permanent resident visa may be issued: the family class, eleven economic classes, and two refugee classes. None of them is entered by showing an income. The economic classes are entered through work, a provincial nomination, Canadian experience, a trade, an Atlantic employer, a business backed by a designated entity, or self-employment in culture, athletics or farming - and in three cases through Quebec's own selection. A passive income, however large and however foreign, is not a route into any of them.
At a glance
- A permanent route on income alone
- None in subsection 70(2) of the Immigration and Refugee Protection Regulations, which lists every class
The subsection names the family class, eleven economic classes and two refugee classes.
- A temporary route on income alone
- None in section 200 of the Regulations, which conditions a work permit on work
Section 200 is the issuing rule for a work permit, and every limb of it is about work.
- What the economic classes ask for instead
- Work, a provincial nomination, experience, a trade, or a business a designated entity has backed
What applies to you
Nothing changes for a citizen of Argentina
We have no rule recorded that treats your citizenship differently here, so the general rule above is the one that applies to you. That is an answer, not a gap.
What the law says
«70 (1) An officer shall issue a permanent resident visa to a foreign national if, following an examination, it is established that - (a) the foreign national has applied in accordance with these Regulations for a permanent resident visa as a member of a class referred to in subsection (2); - (b) the foreign national is coming to Canada to establish permanent residence; - (c) the foreign national is a member of that class; - (d) the foreign national meets the selection criteria and other requirements applicable to that class; and - (e) the foreign national and their family members, whether accompanying or not, are not inadmissible. - Marginal note: Classes (2) The classes are - (a) the family class; - (b) the economic class, consisting of the federal skilled worker class, the Quebec skilled worker class, the provincial nominee class, the Canadian experience class, the federal skilled trades class, the Atlantic immigration class, the Quebec investor class, the Quebec entrepreneur class, the start-up business class, the self-employed persons class and the Quebec self-employed persons class; and - (c) the Convention refugees abroad class and the country of asylum class.»The closed list. An absence recorded against it is bounded: a reader who thinks Canada has an income route can open this subsection and point at the class.
Read it at the sourceAbout this source
Canada's consolidated federal statutes and regulations, served whole as plain HTML at a stable address built from the Act's chapter or the regulation's registration number. Each consolidation states the date it is current to and the last amendment applied.
Standing: Maintains the text in force
Cannot be cited for: The consolidations are official under the Legislation Revision and Consolidation Act, but the site itself warns that where a consolidation and the original statute differ, the original prevails. The date a page is current to is printed in a side panel our capture does not carry, so a stored reading here shows the text without the line that dates it. Immigration practice in Canada also sits largely in ministerial instructions and programme delivery guidance, which are not law and are not published here, and Quebec selects its own immigrants under an accord this site does not carry.
We re-read it every 60 days. More about this source
«200 (1) Subject to subsections (2) and (3) — and, in respect of a foreign national who makes an application for a work permit before entering Canada, subject to section 87.3 of the Act — an officer shall issue a work permit to a foreign national if, following an examination, it is established that - (a) the foreign national applied for it in accordance with Division 2; - (b) the foreign national will leave Canada by the end of the period authorized for their stay under Division 2 of Part 9; - (c) the foreign national - (i) is described in section 206 or 208, - (ii) intends to perform work described in section 204 or 205 but does not have an offer of employment to perform that work or is described in section 207 or 207.1 but does not have an offer of employment, - (ii.1) intends to perform work described in section 204 or 205 and has an offer of employment to perform that work or is described in section 207 and has an offer of employment, and an officer has determined, on the basis of any information provided on the officer’s request by the employer making the offer and any other relevant information, that the offer is genuine under subsection (5), or - (iii) has been offered employment, and an officer has made a positive determination under paragraphs 203(1)(a) to (g); and»The temporary side of the same absence. A work permit is issued for work, and the section offers no limb an income could satisfy.
Read it at the sourceAbout this source
Canada's consolidated federal statutes and regulations, served whole as plain HTML at a stable address built from the Act's chapter or the regulation's registration number. Each consolidation states the date it is current to and the last amendment applied.
Standing: Maintains the text in force
Cannot be cited for: The consolidations are official under the Legislation Revision and Consolidation Act, but the site itself warns that where a consolidation and the original statute differ, the original prevails. The date a page is current to is printed in a side panel our capture does not carry, so a stored reading here shows the text without the line that dates it. Immigration practice in Canada also sits largely in ministerial instructions and programme delivery guidance, which are not law and are not published here, and Quebec selects its own immigrants under an accord this site does not carry.
We re-read it every 60 days. More about this source
Practical notes
Money still matters inside the classes that exist - settlement funds in the start-up business class, for one - but as a condition of a route, never as the route itself.
A province may nominate on grounds of its own under the provincial nominee class. What those grounds are is provincial and is not in this record.
- consolidatesImmigration and Refugee Protection Regulations
Justice Laws Website, Department of Justice Canada
About this source
Canada's consolidated federal statutes and regulations, served whole as plain HTML at a stable address built from the Act's chapter or the regulation's registration number. Each consolidation states the date it is current to and the last amendment applied.
Standing: Maintains the text in force
Cannot be cited for: The consolidations are official under the Legislation Revision and Consolidation Act, but the site itself warns that where a consolidation and the original statute differ, the original prevails. The date a page is current to is printed in a side panel our capture does not carry, so a stored reading here shows the text without the line that dates it. Immigration practice in Canada also sits largely in ministerial instructions and programme delivery guidance, which are not law and are not published here, and Quebec selects its own immigrants under an accord this site does not carry.
We re-read it every 60 days. More about this source