Business Immigration to Canada
The Business Immigration Program attracts foreign business owners and managers with an intention to invest in, or start a Canadian business. Successful applicants and immediate family members earn Canadian permanent resident status, and become eligible to apply for Canadian citizenship after three years of residence.
Applicants are assessed on the basis of Citizenship and Immigration Canada's selection criteria. Applicants destined to the province of Quebec may have differing eligibility requirements.
The categories of business class immigration to Canada are:
The Canadian Immigrant Investor Program: Applicants in this category are required to possess a minimum net worth of CAD$800,000. Successful candidates must have two years of business management experience and are required to make a secured investment of CAD$400,000, a portion of which may be financed.
The Entrepreneur Program: Applicants in this category must have a minimum net worth of CAD$300,000 and must have managed and controlled a qualifying business. Successful applicants are required to establish a Canadian business within three years of becoming a permanent resident.
The Self-Employed Program: Applicants in this category must have experience in cultural activities (e.g. artists/artisans), athletics, or farming. No specific minimum net worth requirements exist, but applicants must have sufficient funds for support of immediate family members.
In summary:
Category |
Minimum Assets |
Required Experience |
After Landing |
|
|
|
|
Immigrant Investor |
C$800,000 |
2 years (minimum) of business management |
Investment of C$400,000 |
|
Entrepreneur |
C$300,000 |
2 years (minimum) of management and control of a qualifying business |
Establishment of satisfactory business |
|
Self-Employed |
Enough to support family |
2 years of cultural, athletics, or farming |
Establish a business that will provide employment for self |
Canadian work permits may also allow foreign individuals to establish a business in Canada and to pursue work in Canada temporarily. With such temporary status in place, a permanent resident application in the business class is viable, thereby allowing quicker admission and establishment of a Canadian organization.
You may request an assessment of your eligibility in any of the above categories by proceeding to the Canadian Business Immigration Assessment form.
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