Scott, a citizen of the UK, wants to obtain a work permit as an investor under the Canada and the United Kingdom of Great Britain and Northern Ireland (CUKTCA) agreement. He is a computer engineer and would like to come to Canada to open a consulting firm. He has a net-worth of 75,000.00 and plans to invest 50,000.00. He has a business plan and once the consulting firm is operational it will provide employment for him and his spouse. Will Scott be successful in obtaining the work permit?
1) No, the investment is not enough for the venture he is proposing
2) Yes, he meets the requirements for the program
3) Yes, because he is creating a job for himself and spouse
4) No, he does not meet the requirements for the program