Business Immigration with Investment Program
It has been widely believed that Canada is one of the top 10 easiest countries to start a business in. This is due to Canada being extremely rich in natural resources, having immensely skilled labour, and a stable federal government. With your business venture, if you wish to migrate to Canada, you could get several Entrepreneur and Investor Visa options available, including the Start-up Visa Program and the Nominee Program. If you become successful with your business immigration application, you and your family can move to Canada together.
Canada is on the lookout for newcomers who have the entrepreneurial experience, talent, and innovation to commence, manage, or to buy a business in the country. With this particular foreign investment, Canada ensures the continued success of its economy through diversification and growth.
Start-up Visa Program
The Start-up Visa Program is known as an Investor Visa or Business Immigration option which allows you to migrate to Canada by starting up a business anywhere in the country. You and your business have to meet a set of requirements in order to be successful with your application. In a nutshell, your business must be innovative, must create jobs for Canadians, and should be able to compete internationally. While you wait for your application’s approval, you could also apply for a temporary work permit to keep you engaged in Canada.
Start-up Visa Program Requirements
Once a designated organization commits to your business:
Once you have received permanent residence, you need to be sure that:
Letter of support
You should get a letter of support from a designated organization that proves that they are willing to invest in and support your start-up business.
You should score a minimum of Canadian Language Benchmark level 5 in reading, speaking, listening, and writing in either French or English.
Because the Canadian government does not provide financial support for this investor visa, you need to prove that you have enough money to settle you and your family in Canada.
Provincial Nominee Program Entrepreneur and Investor Visa Options
The (PNP) provides every province and territory of Canada the power to invite candidates to come and live within their borders if they acquire the right skills and adequate work experience. Mainly, all the PNPs have at least one entrepreneur or investor visa category dedicated to people for the expansion or start-up of their business in Canada. Description related to each province has been discussed below:
Alberta may be an excellent spot to start out a business. Though it is a place of residence in the world’s 3rd most liveable cities namely Calgary, Alberta’s farmlands are where your investment options truly lie. The province is Canada’s second-largest agricultural producer and its diverse landscapes make the land perfect for crop production, livestock production, and far more. Currently, there’s just one Investment Visa option available in Alberta – the Self Employed Farmer Stream.
British Columbia has one of Canada’s most flexible, diverse, and competitive economies, making it a major destination for your new or expanded business. The province’s capital, named Vancouver, is conveniently located to help with global trade routes including the U.S., Asia, and Mexico. Also, businesses are supported by our fiscally responsible government, making it affordable and pretty much easier to start out a business in our province. Moreover, British Columbia is rich in business resources which includes a well-educated workforce of over 2,4 million.
British Columbia currently has two Investor Visa options, the provincial nominee Entrepreneur Immigration Stream and therefore, the Regional Pilot Program. Both options have a singular set of criteria you’ll need to meet so as to start out a business in Canada.
Not too small and not too big sums up Manitoba quite accurately. If you’re looking forward to commencing your business in smaller and welcoming communities, this is the best-suited province for you. Manitoba may be a land of natural beauty crammed with safe, clean, and friendly towns. The capital city known as Winnipeg is becoming known throughout the planet for its strong economy, low living expenses as well as quality career opportunities.
New Brunswick provides a backdrop of lush forests, clear lakes, majestic mountain ranges, and delightful beaches to your new business. The planet may know the province for the Bay of Fundy which has the world’s highest tides, but what many folks don’t know is that New Brunswick has a number of the simplest business opportunities altogether in Canada.
In New Brunswick, a skilled labour force awaits your business. The province has the very best graduation rate and therefore the fastest internet within the country making it a major spot for productivity. New businesses flourish within the province thanks to having rock bottom operating costs in Canada and therefore, the U.S.
It is important to stay sight of the important things in life like family once you plan your new business in Canada. For the last word balance between work, family, and relaxation, look no further than Nova Scotia. together with Canada’s Atlantic provinces, Nova Scotia is in great need of innovative newcomers to start out businesses within the province.
Nova Scotia has a plethora of natural resources which has created lucrative industries in agriculture, fishing, mining, forestry, and gas extraction. With numerous resources at your disposal and a coffee cost of living, your business within the province will surely succeed.
The Northwest Territories
The Northwest Territories is home to an eager and well-trained workforce, in fact, the territory has a rock bottom percentage altogether of Canada. Therefore, the government in these territories recognizes the importance of business investment and has since created several incentive programs for business and investment.
Newfoundland and Labrador
For Canada Business Immigration, Newfoundland and Labrador’s economy is run by small business enterprises, In fact, 40% of the whole population is used by these businesses. Despite the various startups within the province, the region’s potential for business remains largely untapped.
Newfoundland and Labrador have developing tech industries and therefore the landscape lends itself to adventure and ecotourism opportunities. Seeing because the province is in great need of a larger food supply, there’s much room to take a position within the agricultural sector.
68% of adults living in Ontario have a post-secondary education, making it the foremost educated population within the world. Starting a business here will make sure that your employees come backed with some serious qualifications
Your business will also enjoy lower business costs compared to other business centers within the U.S. You’ll have to pay less corporate tax and your spending is going to be significantly lower on healthcare and housing. For this reason, and lots of others, two of Ontario’s biggest cities, Toronto and Ottawa, rank among the simplest places to measure and add the planet.
Prince Edward Island
Prince Edward Island (PEI) could also be considered as Canada’s smallest province, but its potential for Canada business immigration and economic process knows no bounds. Together with the Maritime Provinces, PEI is essentially suffering from the aging workforce that’s sweeping the state. For this reason, the province has turned to immigrants, specifically foreign entrepreneurs and investors, to assist build the already growing economy.
Saskatchewan is conveniently located within the center of Canada, merely a two-day journey from the US. Because of its solid road, rail, and air transportation infrastructure, the province is compatible with manufacturing and distribution industries. With rock bottom provincial tax in Canada and enormous reserves of resources in forestry, mining, agriculture, and energy sectors, your business will enjoy lower operating costs in Saskatchewan.
One should also consider starting a business during this prairie province because it’s the third-largest percentage of young workers in Canada. Unlike other provinces that are suffering heavily from an aging workforce, in Saskatchewan, you’ll have your pick of skilled workers to assist your business to succeed.
Canada Business Immigration in Yukon may be a truly unique region of Northern America. Many of us ask the territory because of Alaska thanks to its pristine natural landscape. Communities in Yukon are deeply connected to nature and you’ll presumably find them to be a gaggle of friendly, active individuals who like to participate in outdoor activities.
Eligibility for Qualifying as an Investor, an Individual should Have:
A net worth of at least $1.6 million as a requirement;
A managerial experience;
A government-secured investment of $800,000