Business Immigration Programs
The goal of Canada’s business immigration programs is to promote economic development and employment by attracting investors, entrepreneurs and self-employed individuals from outside Canada.
Here are some benefits of starting a business in Canada:
- Friendly business environment
- Strong economic growth
- Unparalleled market access
- Highly educated workforce
- Low business tax costs
- Excellence in research and innovation
- Financial stability
- High quality of living
1. Self-Employed Person
To qualify as a self-employed person, the candidate must have significant agricultural, artistic, or athletic experience that will allow him to be successfully self-employed in Canada and make a positive contribution to his field of expertise. The candidate must also be capable of supporting himself and any dependents with self-employed income.
Self-employed person must have relevant experience of at least 2 years in specific economic activities such as cultural activities and athletics at a world-class level, and also buying and managing a farm.
2. Start-up Visa
First step in applying for start-up visa is to come up with a unique business proposal in order to to secure funding, guidance and support from a designated Canadian investment organization.
Through the start-up visa, Canada can target entrepreneurs who have the potential to build innovative companies that can compete on a global scale and create jobs.
To be eligible, applicants for a start-up visa must meet the following requirements:
- Meet minimum language requirements in English or French (CLB 5 in all categories)
- Have sufficient funds to settle in Canada
- Plan to settle in a province other than the Province of Quebec
- Pass Canadian security and medical clearances
- Prove your business is supported through a designated organization
- Meet the ownership requirements for a qualifying business
CIC may request an independent peer review to ensure that due diligence was performed by the designated organization that issued the Letter of Support.
3. Provincial Nominee Program – Business Immigration
Canada’s provinces offer a range of entrepreneur categories within their Provincial Nominee Programs. Through one of these categories, immigrant entrepreneurs can settle in a specific province.
4. Quebec Business Immigration Programs
Quebec is offering three business categories for people who want to establish or acquire a business in Canada.
- Quebec Investor Program: To qualify as an investor, an individual must have a net worth of at least C$1.6 million obtained legally, have managerial experience and be willing to make a government-secured investment of CAN$800,000.
- Quebec Entrepreneur Program: To qualify as an entrepreneur, an individual must have a net worth of at least C$300,000 legally obtained, have managerial experience in a business that they either owned or controlled, and be willing and able to establish or acquire an agricultural, commercial or industrial business in Quebec where the candidate holds at least 25% of the capital equity with a value of at least C$100,000 and which will employ a Québec resident other than accompanying family members.
- Quebec Self-Employed Person Program: To qualify as a Self-Employed person, an individual must have a net worth of at least C$100,000, come to Quebec to be self-employed by practicing his/her own profession or trade, and have at least 2 years of experience as a self-employed worker.
If you have the financial flexibility to start and run a business in Canada, we would be happy to assist you as you apply for Business Immigration. To start the process, just take our free online assessment. Click here to begin
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