Business
Visa
IC CANADA
offers both
businesses and professionals tailored solutions to take thorough
advantage of the Canadian market.
Canada provides a rich entrepreneurial environment and welcomes
anyone who wants to come to the country to establish a business
or invest in the economy. The objective of the Business Visa is
to attract business persons with sufficient experience and assets
to contribute to Canada's strong and prosperous economy. Thus
Citizenship and Immigration Canada (CIC) selects
business immigrants based on their ability to become economically
established in Canada.
For many years now
Canada has been welcoming business immigrants who have the resources
to invest or establish businesses in Canada. Business immigrants, who represent nearly 8% of total immigrants,
include investors, entrepreneurs and self-employed immigrants.
Selection criteria vary for each category.
Canada has three categories of
Business Immigration:
▪
Investors Class
▪
Entrepreneurs Class
▪
Self-employed Class
Investors
CIC selects experienced business persons with
a minimum net worth
of 800,000 CAD. Immigrants in this class must make an investment
of 400,000 CAD.
In the Invest Program, applicants make their $400,000 investment to
the Receiver General for Canada, and after the five-year holding period
they returns the investor’s the $400,000 without interest.
more
Entrepreneurs
This program seeks to attract experienced businesspersons that
will own and manage businesses in Canada that will contribute to
the economy and create jobs.
To qualify as an entrepreneur, you must have business experience.
This means that you must have managed and controlled a percent of
equity of a qualifying business. Entrepreneurs must have a legally
obtained net worth of at least CDN $300,000.
When you immigrate to Canada as an entrepreneur, you must:
▪
have the
intention and the ability to control a percentage of equity of a qualifying Canadian business.
▪
You must provide active and ongoing
management of the qualifying Canadian business.
▪
Your business must
create at least one new full-time job for a Canadian citizen or
permanent resident.
▪
You must meet these requirements
within three
years of becoming a permanent resident.
Before your immigrant visa is issued, you are required to sign a
statement that you intend and will be able to meet the conditions of
permanent residence.
more
Self-Employed
Applicants must have the ability to create their own employment
and contribute to the cultural, artistic or athletic life of
Canada, or, to create their own employment by purchasing and
managing a farm in Canada.
As a self-employed person, you must have relevant experience in
cultural activities, athletics or farm management. You must also
have the intention and ability to establish a business that will, at
a minimum, create employment for yourself. You must make a
significant contribution to cultural activities or athletics or
purchase and manage a farm in Canada .
No immigration conditions are imposed on this class. You must have
enough money to support yourself and your family members after you
arrive in Canada .
more
Business immigrants are encouraged to visit Canada to explore
opportunity and gather first-hand knowledge about business Canada.
