Canada is one of the easiest countries in the world to run your own business. Experienced businessmen around the world are moving to Canada because it offers European-style social benefits with better quality of life. There are various benefits of moving to Canada as a business immigrant like coverage under the national health care program, access to a first-class education, and a national pension system.
By having your business in Canada, you can take advantage of having low corporate tax rates, Canadian trade pacts, cultural diversity, and also get Canadian permanent residency.
Now to attract experienced businessmen to buy or own a business in the country, Canada offers them different immigration Business visas. The major categories under Canada business immigration are:
The Self-Employed program allows the self-employed person to move to Canada as a permanent resident. To qualify under this program, you must:
After you have met the definition of a Self-Employed person, you have to score 35 out of 100 points based on the following criteria:
One of the main features of Canada's Self-Employed program is that there is no minimum net-worth requirement. Also, applicants are required to have at least two years of work experience in their respective fields of work to qualify for this program.
For more details on Self-Employed Visa, Click here
Each Provincial Nominee Program (PNP) now has an immigration stream to target experienced businessmen to establish their business in the respective province and help in the province's economic development.
Each PNPs Entrepreneur immigration stream has different requirements. Following is the list of Canada PNP Entrepreneur immigration programs:
The Start-up Visa program is for innovative entrepreneurs to establish their own business in Canada. It is the best option if you are looking to immigrate to Canada as an investor.
Applicants are eligible for a temporary work permit that allows them to establish their business in the country while waiting for their permanent residency.
To eligible for a Canada Start-up visa, you must meet the following requirements:
For more details on Start-up Visa, Click here
With a Business Visitor Visa, you can come to Canada for any international business activity or you are visiting the country temporarily for looking to grow your business.
If you are moving to Canada on a Business Visitor visa, you won't need a work permit. The maximum validity of this visa is 6 months.
To show you are a business visitor, you have to show:
For more details on Business Visitor Visa, Click here
Getting Canadian immigration into the business class has its advantages. If you apply, you will not necessarily require a sufficient level of English or French, and neither will you have to meet high training requirements.
Also, in some cases, as a business immigrant, your permanent resident status in Canada will be unconditional, which means that you do not have to meet strict conditions requiring you to actively manage a business to maintain your status. However, to take advantage of these opportunities, you must know how to properly represent yourself when applying. To do this, it is best to call on an immigration consultant with experience of the unique situation of each businessman.