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::: IMMIGRATION [ CANADA ] > Business Immigration

Canadian Business Immigration offers three different Canada Business Visa categories for business immigration to Canada for potential migrants wishing to invest or start a business in Canada.

Business immigration to Canada requires that the applicants must have the ability and intention to positively contribute to the Canadian economy by establishing and maintaining a suitable Canadian business, using substantial business knowledge.

A Canadian Business Visa can be obtained under the following three categories:

  1. Investors
  2. Entrepreneurs and
  3. Self-employed persons.

Each application can be made for only one class and cannot be changed once the application is submitted. The criteria you must meet to qualify are different for each class.

(1) INVESTORS

Under the Investors Program, a potential business migrant must have evidence of extensive business knowledge in addition to substantial capital.

Investors must have a net worth of 800,000 CAD$ and make an investment worth 400,000 CAD$ to the Receiver General of Canada. Investments to the Receiver General of Canada are guaranteed by participating provinces and territories and must be made when advised to do so by the Citizenship and Immigration Canada (CIC).

Depending on the exact date in which you make the investment, it will mature 5 years and 3 months from that date. The investment is not returned with interest and the money invested will be used to fund job creation and the development on the economy within Canada.

The Investors Program is also a points tested visa and requires a pass mark of 35 out of 100 points and is assessed on six main factors including age, education, business experience, language ability and adaptability.

Investors must have at least two years business experience immediately before making an application to CIC. They must have either:

v     Controlled and managed a percentage of equity in a qualifying business

v     Managed at least five full-time job equivalents per year in a qualifying business

Unlike other business categories, the Investors Program does not require you to start a business in Canada.

(2) ENTREPRENEURS

The Entrepreneur Program seeks to attract experienced persons that will own and actively manage businesses in Canada that will contribute to the economy and create jobs. Entrepreneurs must demonstrate business experience, a minimum net worth of CDN $300,000 and are subject to conditions upon arrival in Canada.

Entrepreneurs must have at least two years business experience immediately before making an application to CIC. They must evidence their ability to:

v   Control and manage a percentage of equity in a qualifying business equal to or greater than 33%

v     Develop and maintain the management of a qualifying business

v  Create at least one full time position within that qualifying business for one or more Canadian Citizens (not including family members)

Entrepreneurs are also required to accomplish the above within 3 years of gaining permanent resident status in Canada and must be able to evidence this for a period of at least one year.

The Entrepreneurs Program is also a points tested visa and requires a pass mark of 35 out of 100 points and is assessed on six main factors including age, education, business experience, language ability and adaptability.

(3) SELF-EMPLOYED PERSONS

Self-employed persons must have the intention and ability to create their own employment. They are expected to contribute to the cultural, artistic or athletic life of Canada. For example, they may create their own employment by purchasing and managing a farm in Canada, etc.

You must have at least two years business experience immediately before making an application to CIC. You must evidence your ability to:

v      Create a business that focuses on befitting the cultural and leisure/athletic sector in Canada

v      Create at least one full time position for yourself in that business

v      Purchase, manage and maintain a farm in Canada

Although you do not need to evidence net assets in order to obtain this visa, you should be able to evidence enough funds to support yourself and family upon your arrival in Canada.

This program is also a points tested and requires a pass mark of 35 out of 100 points and is assessed on six main factors including age, education, business experience, language ability and adaptability.


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---Harivadan Desai                       More>>>