Business
Class
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.
This visa
encourages investors, entrepreneurs and
self-employed persons to choose Canada as a place to invest, or start a
business. Canada’s business visas are beneficial for both
newcomers and
the Canadian economy. Newcomers can prosper in Canada’s
competitive
business environment, and Canada gains employment opportunities for its
workers. In 2004, over 9,764 business immigrants came to Canada. The
government goal for 2006-2007 is to welcome 9,000 to 11,000 business
immigrants.
Business
Immigration Program - Investor
To qualify as an Investor, an applicant destined
for any province in Canada you
must:
have successfully
operated, controlled or directed a business;
have accumulated through his or her own endeavors
a net worth of at least CAD$800,000 (approximately US$565,000); and
invest CAD$400,000 (approximately US$265,000) for
five years with the Department of Citizenship and Immigration Canada
which acts as agent on behalf of provincial and territorial investment
funds.
Requesting for More Information
Send us an email (or give us a call) advising us that you wish to find out more about the immigration process. (Contact Page)
An applicant destined for the Province
of Quebec (click here).
Business Immigration Program - Entrepreneur
To qualify as an Entrepreneur, an applicant must:
have successfully
managed a commercial enterprise (or a part of a commercial enterprise);
and
have sufficient assets to establish or acquire a
business in Canada.
have a legally obtained minimum of $300,000
The Entrepreneur must also meet certain conditions
in connection with his or her business in Canada. The Entrepreneur must:
establish, purchase
or make a substantial investment in a business in Canada within 2 years
of landing in Canada which will result in a significant contribution to
the economy
engage in active and ongoing participation in the
management of the business
employ at least one Canadian Citizen or Permanent
resident other than the Entrepreneur and his dependents.
To ensure that these conditions are met,
Entrepreneurs are required to report their progress to
immigration officials on a regular basis within this two year period.
Requesting for More Information
Send us an email (or give us a call) advising us that you wish to find out more about the immigration process. (Contact Page)
Business Immigration Program - Self-Employed
To qualify under the Self-Employed category, an
applicant must demonstrate the intention and ability to establish or
purchase a business in Canada that will keep him or her employed and
make a "significant" contribution to the economy or the cultural or
artistic life of Canada. Applicants must demonstrate that the proposed
business will generate sufficient revenues to support the applicant and
his or her dependents. Farmers, artisans, sports
personalities, actors, consultants, and operators of small business outlets
that may be in demand are examples of applicants who may qualify.
Assessment in this category is based upon:
business ability and experience (when
applying under the economic contribution component of the Self-Employed
description);
artistic qualifications
(when applying under the artistic/cultural component of the
Self-Employed description); and
net worth (sufficient to
establish/purchase the proposed business).
Requesting for More Information
Send us an email (or give us a call) advising us that you wish to find out more about the immigration process. (Contact Page)
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