The Government of Canada considers the business immigrants according to their potential of establishing themselves in Canada while contributing to or supporting the development of Canada’s economy. The Business Class Immigrants are the people who are capable of starting a business in Canada or investing in this country to help build a strong and wealthy economy for Canada.
There are following four classes of business immigrants:
Various entrepreneur programs allow the immigrants to benefit from Canada’s growing economic potential for obtaining permanent residence in Canada for themselves and their family.
To begin with assessing your eligibility under this program, you must make sure to have
While assessing the applications, the key traits of the applicants that are taken into account, are
The approach followed by the applicant to acquire a business in the region and their ability to carry out a business project will be the key elements in the assessment. The Entrepreneurial applicants are needed to sign a statement that they take the responsibility for meeting the conditions for the Canadian Permanent Residence. All the family members of the entrepreneurship applicant are accepted under the same conditions as the applicant. Once the main applicant meets those conditions, the conditions do not apply anymore for the family members.
The investor applicants for the Canadian Visa can avail permanent residence in Canada according to the type of investor visa they choose to apply for. However, the Federal Immigrant Investor Program is no more operational since 2014, which has limited the options available for such candidates to apply for residence by means of sheer investment in Canada. Yet, there are some Provincial Nominee Programs (PNPs) that offer the Investor Category to apply in, for these candidates.
Here are two of such provincial – investor visa programs:
Read on to learn more details about these programs and see if you are eligible to apply to these.
To apply for Manitoba Business Investor Stream and receive an investor visa to the province, there are two ways: the Business Investor or Entrepreneur Pathway and Farm Investor Pathway. The applicants interested to start up, buy or co-own a business in the province, can opt for the Entrepreneur Pathway, whereas those who are interested in buying and managing a farm in the rural parts of the province, can opt for the Farm Investor Pathway.
The Business investor stream aims to encourage individuals to start their business in the province of Manitoba and generate employment for the citizens and the permanent residents to contribute the economy of the province.
The program allows the province to recruit people with skills and experience in starting up, buying and managing businesses. Along with the will and ability to move to and settle in the province of Manitoba for themselves and their dependents, the individuals must meet the following eligibility requirements:
Once the application gets the approval, the applicant signs a Business Performance Agreement (BPA) for MPNP to issue a letter of support for them, allowing them to apply for the work permit.
To opt for this pathway, the applicant needs to have proven experience in farm business and the required capital to invest along with the will to start up and run the farm business operations in the rural parts of the province of Manitoba.
The program is aimed for recruiting the candidates to contribute to the production of primary products in line with the province’s existing farm industry. The operations and investment are planned in line with the provincial statistics of the farm industry of Manitoba. Here are the minimum eligibility requirements for the applicants opting for farm investor pathway:
For this program, you are required to live in the farm and participate actively in managing it on a regular basis.
With a business activity that can contribute to the economy of Ontario province, the applicants can opt for the Ontario Corporate stream. This program does not only allow the applicants to apply for residence permit but it also allows their key staff to apply work permit once their business proposal gets approval from the OINP.
Here are the different categories of the eligibility requirements for the individuals to consider this program:
Additionally, there are some general requirements the applicants’ businesses need to fulfil:
The Federal Immigrant Investor Program is no longer operational as it has ended as on June 19, 2014 with the applications in the backlog also terminated. However, should any applicant be interested in starting up a business or buying an existing business in Canada, there are different immigration programs available including the Federal Start-up Visa Program and some Provincial Nominee Programs. If you are looking to move to Canada as an investor, our professional immigration consultants will make sure you find the right program and your visa documentation is well in place before its timely submission. Contact us today to begin your application process.
Here is the selection grid against which the investors and entrepreneurs are assessed for candidature, in which the pass marks for them are only 35.
|BUSINESS EXPERIENCE (*Business Experience: within five years preceding the date of application)||Maximum 35|
|Two years business experience||20|
|Three years business experience||25|
|Four years business experience||30|
|Five years business experience||35|
|21-49 years of age at time of application||10|
|Less 2 points for each year of age over 49 or under 21 years|
|Doctorate or Master’s Degrees||25|
|Bachelor’s Degree – 3 years full time studies OR Diploma, trade certificate or apprenticeship – 3 years full time studies / training||20|
|Diploma, trade certificate or apprenticeship – 2 years full time studies / training||15|
|Diploma, trade certificate or apprenticeship – 1 year full time studies / training||10|
|1st Language||Maximum 24|
|Basic Proficiency or no abilities||2|
|Basic Proficiency or no abilities||2|
|Business exploration trip to Canada within 5 years of application||6|
|Participation in designated Joint Federal-Provincial Business Immigration Initiatives||6|
For the applicants who are capable of generating their own employment based on their contribution to Canada’s economy and job-market by cultural, artistic or athletic means and skill-set, the self-employment program is perfect. For this program, the government of Canada considers the applicants based on availability of sufficient funds, skills and relevant work experience.
For qualifying for business immigration to Canada as a self-employed individual, the applicants need to prove their relevant cultural, athletic or artistic experience that empowers them to be self-employed. They must demonstrate their ability to make notable contribution to Canada. Here are the minimum eligibility requirements:
The other important factors that are taken into account while assessing the application, are:
If you are looking to move to Canada, our professional immigration consultants help you enter the right program with flawless visa documentation submitted correctly and on time. Contact us today and we will help you get started with your application process.
The Business Visitor Visa is meant for applicants intending to stay temporarily in Canada for engaging in the international business markets by creating and developing business connections in the region. These include all those capable and potential candidates who fulfil a certain set of requirements while having no intent to directly influence the employment markets in Canada.
The applicants who intend to visit Canada for a rather short term – on a temporary basis for participating in business related activities without directly being a part of the country’s labour market are thus considered for this visa. For example, when an applicant intends to visit Canada to have face-to-face meetings with Canadian clients with the objective of entering into a certain business proposition with their company based in Canada.
The applicants in this case, are interested in
The reasons for visiting Canada in such cases could be making site visits, being invited by a Canadian business for diverse business purposes including induction on product use, sales or other operational functions or business transactions. The Business Visitor Visa Applicant needs to prove:
Holding a business visitor visa, an applicant can travel anywhere in Canada, while also meeting their friends, family, acquaintances or enjoying the tourist attractions across the country. They can freely attend their business meetings with clients, conferences and trade shows anywhere in the country. If you wish to visit Canada as a Business Visitor, we help you apply with ease. Contact us today and get your application process started.