Canada offers tremendous opportunities to foreigners who want to do business in Canada. Every year, thousands of ambitious businesspeople grace our shores and there is certainly no reason why you can not be among them.
The objective of the Business Immigration Program is to encourage investment and employment in Canada through the migration of people who have the ability to successfully establish or invest in a business in Canada.
4 Main Categories to Business Visas in Canada
Individuals with business/managerial experience and relatively high net-worth may apply for a Canadian permanent residence under the Canada Business Immigration Program in one of the following four sub-categories:
⚫ Investors
⚫ Entrepreneurs
⚫ Self Employed Persons
⚫ PNP Business Programs
Start-Up Visa Investor Program
When looking to immigrate to Canada as an investor, the best option available is to apply for the general Start-up Visa Program. You will have to meet certain requirements for your application to be successful by being innovative, creating jobs for Canadians and being able to compete internationally.
Requirements for Investors
To qualify for the Start-up Visa, applicants must:
⦿ Have a qualifying business
⦿ Demonstrate intermediate knowledge in both English and French (CBL5)
Get a letter of support from a designated institution (Receive a minimum funding commitment of $200,000 CDN from a designated Venture Capital Organization, $75,000 from an approved Angel Investor, or Business Incubator)
⦿ Bring enough money to settle in Canada
Entrepreneur Program
Because they create employment opportunities and contribute to the Canadian economy, entrepreneurs are encouraged to apply for this immigration stream. Successful applicants are able to open a business in Canada, as well as gain permanent residence status in the country.
Requirements for Entrepreneurs
To qualify for the Entrepreneur Program, applicants must:
⦿ Establish, purchase or make a substantial investment in a business in Canada within 2 years of landing in Canada which will result in a significant contribution to the economy
⦿ Engage in active and ongoing participation in the management of the business
⦿ Employ at least one Canadian citizen or permanent resident other than the entrepreneur and his dependents.
To ensure that these conditions are met, entrepreneurs are required to report to immigration officials their progress, on a regular basis within this two year period.
Self-Employed Persons Program
This business immigration stream is for those who will either establish or purchase a business in Canada that will make a “significant” contribution to the economy or the cultural or artistic life of Canada.
Eligibility under Self-employed person program:
⦿ have relevant experience (at least 2 years experience in the last 5 years)
⦿ be willing and able to be self-employed in Canada
⦿ meet the program’s selection criteria (minimum 35 points) and
⦿ meet medical, security, and other conditions
Selection criteria is based on:
⦿experience
⦿ education
⦿ age
⦿ language abilities
⦿ adaptability
Business PNP Programs
There are several business investment avenues through PNP programs across Canada.
British Columbia PNP Entrepreneur
Requirements: $600,000 CAD net worth, 3 years experience being a business owner/manager, invest $200,000 & create at least 1 full time job for Canadian citizens or PR.
Entrepreneur Regional Pilot
Requirements: $100,000 investment, personal net worth of $300,000, have minimum 51% ownership & create 1 full time job in the local community.
Criteria: The business must be located in a community in BC with a population less than 75,000
Manitoba PNP
Entrepreneur pathway
Requirements: Minimum investment of $250,000, networth of $500,000 & have 3 years of work experience as business owner/manager
Farm Investor
Requirements: $300,000 investment, $500,000 net worth, 3 years experience of farm ownership or operation
New Brunswick PNP
Entrepreneur
Requirements: Net worth $600,000 & must invest $250,000, 3 years of work experience as business owner/manager
Northwest Territories PNP
Northwest Territory Business Stream
Requirements: $500,000 net worth (if you want to live outside of Yellowknife than req is only $250,000), $300,000 minimum investment (outside Yellowknife is only 150k), 3 years of work experience as business owner/manager
Nova Scotia PNP
Entrepreneur
Requirements: Net worth of $600,000, $150,000 minimum investment, 3 years of work experience as business owner/manager
Ontario PNP
Entrepreneur
Requirements: Net worth $800,000 (outside GTA is only $400,000), minimum investment of $600,000 (outside GTA is only $200,000) & must create 2 full time positions (If outside GTA than only 1 full time position)
⦿ If the proposed business is ICT / Digital Communications Sector than networth can be min. $400,000 and investment min $200,000
Corporate
Requirements: International corporation must be established for at least 36 months, must be linked to parent corporation abroad and new business in Ontario, primary income source must be from active earned income from the business
⦿ Corporation must make an investment of 5 million dollars to expand into Ontario
⦿ Must create 5 new jobs for Canadian citizens or PR’s for every “key staff” being nominated at the company
Prince Edward Island PNP
Business Work Permit Stream
⦿ Requirements: Net worth $600,000
⦿ Must get endorsed by the community (Known as “community endorsement”)
Quebec PNP
Quebec Entrepreneur Program
Requirements: Net worth $900,000, minimum start-up deposit is $200,000 (In Montreal is $300,000)
Quebec Investor Program
Currently closed from November 2019 until July 2020
Requirements: Net assets worth 2 million dollars & must make a 1.2 million, 5-year term investment
Saskatchewan PNP
Entrepreneur Farm Program
Requirements: Net worth $500,000 (If under 40 than $300,000), agreement cash deposit of $75,000 (Once the agreement finishes you get this money back), 3 years’ experience managing a farm
Entrepreneur Program
Requirements: Net worth $500,000, 3 years of business management or entrepreneurial experience, invest $300,000 in Regina & Saskatoon area (in all other communities only $200,000)
Once we have determined that you qualify for an Immigration Visa or temporary entry to Canada and you have retained our Axiom to assist you in the application process, we will provide you with the following services.
Determine your immigration category
Prepare, perfect and submit your application
Communicate with your Immigration Visa Office
Prepare you for your personal interview
Track your application through to Immigration Visa issuance
আপনি যদি কানাডা মাইগ্রেট করার পরিকল্পনা করেন, তাহলে এক্সিওম এর ইমিগ্রেশন এক্সপার্ট এর মাধ্যমে আপনার স্কোপগুলি মূল্যায়ন করতে যোগাযোগ করুন। এক্সিওম আপনাকে মাইগ্রেশন প্রোগ্রাম নির্বাচন, ডকুমেন্টেশন প্রস্তুতি, প্রসেসিং সময়, সিস্টেম, মাইগ্রেশন প্রোগ্রামের প্রয়োজনীয় বিষয় গুলো সম্পর্কে সহায়তা করবে।
কানাডা অভিবাসন প্রক্রিয়া সম্পর্কে সঠিক তথ্য এবং পরামর্শের জন্য আজই আপনার পূর্ণাঙ্গ জীবন বৃত্তান্ত (সিভি) আমাদের ইমেল করুন: immigration@axiom-gc.com এ। আমরা আপনার শিক্ষাগত যোগ্যতা, বয়স, আর্থিক সামর্থ্ ও বিশেষ যোগ্যতাগুলি পর্যালোচনা করব এবং ব্যক্তিগতভাবে আপনি কোন প্রোগ্রাম এর জন্য যোগ্য তার মূল্যায়ন করে কানাডার অভিবাসন সাফল্যের সম্ভাবনা সম্পর্কে আপনাকে পরামর্শ দেব।