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All you need to know about Business Immigration Programs Canada

2020-05-16

Canada offers investment-based business/investor immigration programs for entrepreneurs and managers looking to immigrate to Canada. If you are one of them it may be the best and fast immigration option for you.

Canada is increasing its immigration targets every year, and successful business people are increasingly attracted to the broad range of business immigration programs it offers. Canada ranked top for offering a wide range of business immigration programs to business owners, entrepreneurs and self-employed people.  Most of these programs are point-based immigration programs in which you must fulfill the visa requirements in order to lodge or apply a visa to enter Canada with your family.

What are the Business Immigration Programs in Canada?

If you are a business owner or an experienced manager looking to immigrate to Canada, the Business Immigration Programs may open up so many options for you. The Canadian government wants to attract experienced business owners, self-employed and investors to Canada who will contribute to the development of a strong and prosperous Canadian economy, create employment opportunities and improve lifestyle. Here are the most popular business immigration programs you should know about:

Investor Visa Program:

If you do not want to start a new business in Canada but wish to migrate just by investing, this program may be for you. A professional immigration lawyer can check your net worth, business experience, skills and confirm your eligibility for the Business Investor Program which is a route to Canadian Permanent Residency (PR).

The well-known investor program is the ‘Quebec Immigrant Investment Program’ (QIIP). You should be willing to invest CAD $1.2 million. One of the great advantages of this program is that the amount CAD $1.2 million, will be paid back to you after a period of 5 years. To avoid complications, it is wise to consult with our best business immigration lawyer in Toronto.

To be eligible for the Quebec Immigrant Investment Program, you must have:

1. Personal net worth of $2 million;

2. At least two years of suitable management or business experience within the five years

3. An investment of $1.2 million into a passive government guaranteed investment for a period of five years bearing no interest;

4. Intention to settle in the province of Quebec.

Note that Quebec will not accept new applications until July 2020. 

Canada Entrepreneur Immigration

Entrepreneur programs can help take your business to the next level. Canada welcomes entrepreneurs who have creative business ideas and enthusiasm to make a difference. The governments of Canada, and the government of Provinces, have some options for you if you are looking to migrate to Canada as an entrepreneur.

Start-up Visa Program

The Start-Up Visa Program opens up opportunities for entrepreneurs to start their businesses in Canada. Successful visa applicants link with private sector organizations in Canada, where they can get funding, legal advice, guidance and knowledge on operating their enterprise in Canada. Entrepreneurs with innovative business ideas could get ITA for this kind of immigration program.

Quebec Entrepreneur Program

The Quebec Entrepreneur Program allows eligible business owners and experienced managers the chance to acquire permanent residence if they can successfully start a business in Quebec.

Provincial Entrepreneur Programs

British Columbia, Nova Scotia, Ontario, Saskatchewan and some other provinces offer entrepreneur immigration programs that are part of their Provincial Nominee Programs (PNPs). One of these Provincial Entrepreneur Programs could be an easy pathway for immigrant entrepreneurs to settle in a specific province.

Self-Employed Persons Program

Are you a self-employed professional in the field of arts, culture, recreation or sport? Are you self-dependent? Do you dream of living in Canada with permanent residency? If your answer to all these questions is ‘yes’, then the Canadian Self-Employed Program may be for you. There is no regulated minimum net worth requirement for the Self-Employed Persons Program. You must prove that you have sufficient funds to settle in Canada and support yourself and your family.

The Federal Self-Employed Program’ Selection Criteria:

You must be graded through a migration point system to assess your eligibility for the Self-Employed Visa. You can score up to 100 points; 25 points for education, 35 points for experience, 10 points for age, 24 points for English/French proficiency and 6 points for adaptability. You must score at least 35 points to be eligible.  

How can you proceed with the visa application?

Once you sort out your documents and are ready to apply, head over to Konan Law. From identifying the correct Program for you, to organizing and finally applying your visa application successfully – we will be with you all the way!

Provincial Entrepreneur Programs

Many of Canada’s provinces have their own Provincial Nominee Program (PNP). A province can nominate you to immigrate to Canada, settle in that province, and contribute to province’s economic goals.

One of the important factors about this PNP is that you must make a detailed business plan to explain how the business will be operated once visa is granted. Make an appointment with our business immigration lawyer in Toronto to discuss the best PNP option for you.

Some basic requirements for provincial nominee programs:

Net worth: Minimum CAD $300,000

Investment: CAD $75000 to $500,000+, depends on province guidelines

Business or Managerial Experience: Minimum 3 years

Job Creation: at least one or as per province requirement.

Other requirements: IELTS or French Language test can be asked by some provinces.

Business Immigration could be very complicated as the programs often require complex business plan writing, exploratory visits, interviews and EOI. You may be eligible in a number of immigration programs which can make you confused.

If you would like our immigration lawyer in Toronto to check your eligibility for business migration or if you would like us to assist you with your application, you can make a consultation through our website www.konanlaw.com, or fill out our easy assessment form here Visit our website for more information, or give us a call to set up an appointment NOW!

Articles

How to Work In Canada Without A Job Offer

2020-05-16

Working In Canada Without A Job Offer. IEC – Working Holiday Program

Canada is a great place to work and live. Immigration to Canada may be complex and eligibility criteria for various programs become more complicated. But there is a program called International Experience Canada (IEC) designed to allow youth the opportunity to work in Canada for temporary periods. The IEC selects candidates under three categories:

  • Working Holiday
  • Young Professionals
  • International Co-op

This post is about Working Holiday, which is one of the most popular programs for young people who want to work in Canada because the program does not require a job offer to qualify.

Foreign workers, students and other individuals who are between the ages of 18 and 35 from certain countries who meet the requirements may apply for this working holiday visa. Participants in this program can receive an open work permit, valid for one to two years. Open work permits allow participants to work anywhere in Canada for almost any Canadian employer.

NOTE: Applicants from some countries will not be able to apply if you are over the age of 30. Contact Konan Immigration Law Firm to find out if you are eligible for this program.

The working holiday visa is relatively easy to obtain. You are eligible if your age meets the minimum requirement, you can provide proof of citizenship and residence in your country of origin and you don’t have any medical or criminal issues causing inadmissibility.

This program is ideal for individuals who do not have a job offer. The program lets working for more than one employer in Canada and in more than one location.

The IEC working holiday program has an entirely online application, based on a lottery system. Once the program opens, applicants can submit a profile into a ‘pool’ for their country of citizenship. Draws take place at “regular intervals”, where candidates are selected at random to receive an invitation to apply for a work permit until all places are filled for the year. These are called rounds of invitations.

The quota and dates of the first and final rounds of invitations will be updated, as this information becomes available. At least five days notice is provided by IRCC before the first round of invitations, and final round of invitations. Several rounds of invitations may take place between the first and last rounds.

The program has limits on the number of work permits issued each year. IRCC may issue a very small number of Invitations to Apply after the final round takes place, so act fast & contact us now!

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