Business and Investor Immigration

Business | Investor Immigration

Inexpensive taxes, a robust economy, low startup expenses, and a good standard of living all contribute to Canada’s reputation as an excellent area to start a company or make an investment in an existing one. A permanent residence visa is offered for company owners and investors in Canada. Immigrating as a self-employed individual in cultural, sporting, or farming pursuits is a way for them to contribute to the Canadian economy. There are three different categories of business immigration:
  • Start-up Visa
  • Self Employed
  • Immigrant Investors
  • Start-up Visa:  Start-up visas are available to immigrants who have the necessary abilities to start a company in Canada and sustain it for a period of time. Qualified companies must be able to generate employment for Canadians and be globally competitive. Eligibility.
    • Support from designated organizations: There are specified organisations in Canada, such as venture capitalists, angel investor clubs, and business incubators approved by the government, where you may seek support for your creative company concept. You may be able to get a start-up visa to Canada if you can get a letter of support from them.
    • Ownership requirements: The start-up visa programme allows up to five individuals from a single company to apply. To fulfil the ownership criteria, each applicant must possess at least 10% of the voting rights, and the designated organisation and the applicants must collectively own at least 50% of the voting rights.
    • Language: Applicants must take language test (English or French) from an approved agency. And must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in speaking, listening, reading and writing. Convert your language scores to CLB using CWCI’s language convertor tool.
    • Funds: Start-up Visa immigrants do not get financial assistance from the Canadian government. When you arrive in Canada, you’ll need to establish that you’ll be able to support yourself and any dependents you’ve brought with you. You can’t get a loan from anybody else for this amount. When you apply, you’ll need to show that you have the money.
  • Self-employed Program: This stream of immigration allows the Canadian government to provide permanent status to those who are willing to work for themselves in Canada. Applicants must either intend to acquire and maintain a farm in Canada or have expertise in cultural and athletic activities that will allow them to significantly contribute to Canada’s athletic or cultural life.

    • Eligibility

    • Selection criteria: Age, experience, education, language skills, and flexibility are all factors considered while making a hiring decision. At the moment, a score of 35 out of 100 is necessary to be eligible. You may check your eligibility and score here.
    • Relevant experience: At least two years of experience in cultural, sporting, or farm management activities are required before you may apply. Participated in world-class cultural or sports activities, worked as a self-employed professional in cultural or sporting endeavours, or have expertise managing a farm? All of these experiences are important.
    • Medical, police clearance and funds: Obtaining medical and police clearance certifications is a need for you and your family. You must also provide evidence that you will arrive in Canada with enough money to sustain you and your family.

    Immigrant Investor Venture Capital Pilot Program: Immigrant Investor Venture Capital (IIVC) Pilot Program is meant for international investors with the skills and abilities needed to contribute to the Canadian economy and integrate into the society.

    The application period for the IIVC pilot program is currently closed. Watch this area for further updates.

    Eligibility

    • Net-worth: A personal net worth of at least $10 million Canadian dollars is required. All of your wealth must have been gained via legitimate business or investing operations in the private sector that are not illegal. You must receive a due diligence report from a certified service provider in the second step of the process.
    • Investment in a venture capital fund: You must be willing to invest $2 million in the IIVC fund, which is a non-guaranteed/at-risk investment, for roughly 15 years.
    • Language: You must take language test (English or French) from an approved agency. And must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in speaking, listening, reading and writing. Convert your language scores to CLB using CWCI’s language convertor tool.
    • Education: An authentic Educational Credential Assessment (ECA) report from a CIC-designated agency must verify that you hold a Canadian post-secondary degree, diploma, or certificate that has been completed for at least one year or an equivalent foreign degree.

    You must not be inadmissible to Canada and be willing to reside outside Quebec.

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