A Comprehensive Guide To Business Immigration Program In Canada

Canada is a great place to do business for businessmen or entrepreneurs who want to immigrate to Canada. According to World Bank, Canada is ranked 23rd in the business index. Canada revels in the fact of having a highly-educated workforce and offers one of the lowest corporate taxes in the world, validating business owners, entrepreneurs, and investors’ desire to immigrate to Canada. There are many ways for businessmen, entrepreneurs, and investors to immigrate to Canada and become Canadian citizens via Canadian business investment. And for this, you’ve to become a permanent resident first. Consult Apex Visas, the best immigration consultants in Delhi, and Pune, to fulfill your desire to immigrate to Canada and initiate business ventures.

Few general business immigration options:

Executive Express Entry-Many business owners and investors mistakenly believe that Express Entry is the only option for them to immigrate to Canada. The “professional” stream of the Express Entry Program is primarily aimed at younger professionals under 35 years old with strong English or French language skills (CLB7 language or higher), outstanding education credentials (master’s degrees or higher), and often work or study experience in Canada. The “executive” stream of the Express Entry program to immigrate to Canada is designed to attract senior managers, business owners, and entrepreneurs by awarding this category of people an extra 200 CRS points for “arranged employment” in Canada.

To become eligible to immigrate to Canada under the guidance of the best immigration consultants in Delhi or Pune for the Executive Express Entry Program, foreign investors need to:

• Buy/Establish Business in Canada-There’re four ways for investing in Canadian business:

• Starting a business from scratch with $50,000+ at least 12 months before PR Application.

• You are buying an operational business with $150,000+, no minimum requirement.

• Purchasing shares in an operational business (at least 33% or more) with $100,000+, no minimum requirement.

• Purchasing franchise with $100,000+, no minimum requirement.

• Apply for Work Permit-Apply to obtain a work permit as a business immigrant based on background and immigration goals including:

• LMIA-based work permit including Owner-Operator

• Intra-company transferees (ICTs)

• Investors under free-trade agreements

• Work permits for entrepreneurs and self-employed candidates (C11).

• Operate Business-To immigrate to Canada, and operate the business for a specified period before transitioning to permanent residence. Your business must be “active”, meaning:

• Actively selling goods/services to real & existing customers.

• Having all licenses and necessary permits.

• Have a physical location in Canada.

• Having at least one Canadian employee apart from you & not related to you.

• Apply for Permanent Residence-Once your Canadian business is active, apply for permanent Canadian residency as a business manager, requiring criteria:

• A score of at least CLB 7 for language skills.

• High-school education.

• Police clearance

• No serious health issues.

 

Business Immigration Via Provincial Nominee Programs-This application process permits these immigrants to potentially obtain permanent residency and eventually, Canadian citizenship by registering an expression of interest with the preferred province. After getting the application invitation, you’ll apply and pass the interview. Upon signing a performance agreement with the province, apply for a Canadian work permit. Being a foreign worker, establish the company and operate the business in accordance with the performance agreement signed by you. Finally, apply for nomination and then for permanent residence.

Below are PNPs for business people to immigrate to Canada:

• Alberta Immigration Nominee Program
• British Columbia:
  • Provincial Nominee Program-Entrepreneur Immigration Stream
  • Provincial Nominee Program-Entrepreneur Immigration-Regional Pilot

• Manitoba:
  • Provincial Nominee Program-Business Investor Stream (Entrepreneur Pathway)
  • Provincial Nominee Program-Business Investor Stream (Farm Investor Pathway)
• New Brunswick:
  • Provincial Nominee Program-Entrepreneurial Stream
  • Provincial Nominee Program-Post-Graduate Entrepreneur Stream
• Nova Scotia:
  • Nominee Program-Entrepreneur Stream
  • Nominee Program-International Graduate Entrepreneur Stream

• • North-western Territories:
    • Nominee Program-Entrepreneur Business Stream

• Ontario:

• • Immigrant Nominee Program-Corporate Stream
  • Immigrant Nominee Program-Entrepreneur Stream
• Prince Edward Island:
  • Provincial Nominee Program-Work Permit Stream

• • Saskatchewan:
    • Immigrant Nominee Program-Entrepreneur Category
    • Immigrant Nominee Program-Farm Owner/Operator Category

• Yukon:

• • Yukon Business Nominee Program

 

Business Immigration as a Start-Up Company-This program provides permanent residence to entrepreneurs who are to immigrate to Canada, helping them to become established in Canada. Start-up Program requires no minimum initial investment, no net worth requirement, and applicants are free to reside anywhere in Canada. It adheres to the following conditions:

• Obtain a Letter of Support from at least one Canadian-designated organization.
• Meet the minimum language requirement of CLB5 in either English or French.
• Possess enough funds to settle in Canada.
• Reside in a province other than Quebec.
• Pass Canadian security & medical clearances.

Canadian-designated organizations are business groups selected by Immigration, Refugees, and Citizenship Canada (IRCC) department to support start-ups through the Start-Up Visa Program, giving you a Letter of Support to apply for a work permit and permanent residence in Canada. Visa Start-Up program procedures constitute:

• Pitch deck & business plan
• Establishing a company in Canada
• Going to market
• Pitching to Designated Organizations
• Immigration Application

Apex Visas, the Canada immigration consultants in Delhi, provides quality-driven services to clients to immigrate to Canada or places like Australia, Hongkong, and New Zealand, for migration and traveling, deciphering astounding services for satisfactory outcomes. At Apex Visas we offer a wide array of services including On-Call Assistance, Process Knowledge, Accurate Solutions, Personalised Guidance, Result-Oriented Solutions, and Transparent Process. We promise to be a model of excellence and processes.