Canada Business Program

The Canadian Government wants to attract Individuals who can make a significant contribution to the economy with their business investment and expertise. For this reason, they have in place the business class immigration programs.

The goal of business class immigration programs is to allow individuals with business acumen, venture capital and entrepreneurial skills to fast-track their immigration to Canada. If you have a significant amount of capital to invest in a business venture in Canada, have prior experience lending a successful business in your home country, or can bring valuable skills into the Canadian economy, you can immigrate to Canada with a business visa.

Another reason the government promotes business class immigration is because they want to create opportunities of trade with foreign markets. Ultimately, one of the ways they can bridge the gap between local and foreign trade is by allowing foreign nationals to do business in Canada through the business immigration class programs.

Business Requirement:

Meet the requirements under Canada Immigration Business Agreement

Create economic benefit for Canada

Be the continued operation of an existing business or the establishment of a new business meeting economic needs in Canada

Can be sole proprietorships, partnerships, or corporations

For- profit entities with the primary purpose of earning profits through the sale of goods and/ or services

Permanent establishment

Continuous operation by the same owner for the past three years

An exploratory visit

A fair market value for the business

Complete change in ownership

Maintaining employment for existing Canadian citizens or permanent residents

Keeping the existing wages and employment terms.

Applicant’s Requirements

Meet the minimum entry criteria.

Complete the point’s assessment grid

$ 500,000 (CAD) at minimum in net Business and personal assets

A minimum of three years of relevant business management

Invest a minimum of $ 300,000 (CAD) or a minimum of $ 200,000 regional area

If invited a Business Establishment plan must be submitted.