Canada Business Immigration

FACTS

crucial small business departments need to succeed

LOCATION

Northern part of North America

CAPITAL

Ottawa

TOTAL AREA

9,833,520 sq. kms in area

CURRENCY

Canadian Dollar

LANGUAGE

English & French

HIGHLIGHTS

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EDUCATION

World class health health care

VISA FREE TRAVEL

Visa free travel to 155 Countries

EXCHANGE RATE

USD $1 = CAD $1.34

HEALTH CARE

World class universities

TAX ON BUSINESS

World class health health care

ELIGIBILITY

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AGE

21-50 Years

EXPERIENCE

Minimum 3 years of experience

FUNDS

Source must be legal

INVESTMENT

Vary from programme to programme

LANGUAGE

Yes, English language is mandatory

BENEFITS

The Investment Plan for the Canadian Residence.

Physical Residence?

Yes, physical residence is required.

Timeline of the process.

The processing time varies depending on the program.

Dependents children applicable.

The children that are dependent on you must be younger than 22.

CANADA BUSINESS / INVESTMENT PLANS

Quebec Investor Programme (QIIP)

Required Networth

CAD $2 Million

Minimum Investment:

CAD $1.2 Million

Locking period 5 years

The BC PNP Entrepreneur Immigration Stream is a provincial nominee program for British Columbia.

Required Networth

CAD $600,000

Minimum Investment:

CAD $200,000

Outside Capital region or $400,000 inside Capital Region

Manitoba Business Investor Stream (MPNP)

Required Networth

CAD $500,000

Minimum Investment:

CAD $150,000

Outside Capital region or $250,000 inside Capital Region

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Individuals are opting for business immigration as a pathway to Canadian residence. This avenue offers entrepreneurs and investors the opportunity to contribute economically while gaining permanent residency, leveraging Canada’s business-friendly environment and diverse markets.

TYPES OF CANADA BUSINESS IMMIGRATION VISA

Every form of business immigration visa to Canada provides a different chance for investors and entrepreneurs to further their company objectives and support Canada’s economy and society.

STARTUP VISA

The Startup Visa program allows foreign entrepreneurs with innovative business ideas to establish and grow their startup ventures in Canada.

The initiative engages a skilled business advisory group collaborating with chosen entities, directing and coaching entrepreneurs through the obligatory due diligence procedure.

After a suitable startup is recognized and endorsed by the designated entity, the due diligence phase wraps up in around 6-8 months.

With the Letter of Support, the application for Canadian Permanent Residence is applied.

REQUIRED DOCUMENTS

  • Letter of support from a designated organization.
  • Proof of required settlement funds.
  • English or French language test results.
  • Education credentials assessment (if applicable).
  • Business plan detailing the startup’s objectives, financial projections, and more.

START-UP VISA PROGRAM DESIGNATED ENTITY

A designated entity refers to a Canadian private sector business supporter, which can be an angel investor, venture capital fund, or business incubator.

To fulfil the necessary commitment, the following conditions must be met:

  • A designated angel investor group should invest a minimum of $75,000 into the eligible business. Alternatively, candidates can qualify through multiple investments from angel investor groups, adding up to $75,000.
  • A designated venture capital fund must confirm an investment of at least $200,000 into the qualifying business. Alternatively, candidates can meet the requirement by obtaining commitments from multiple designated venture capital funds, totaling $200,000.
  • A designated business incubator must select the applicant for its business incubator program.

INVESTOR VISA

The Investor Visa is designed for high-net-worth individuals who wish to make a substantial investment in a Canadian business. Candidates must meet specific net worth and investment criteria. The investment is typically used to create or maintain jobs for Canadian citizens or permanent residents. Successful applicants and their families can achieve permanent residence in Canada.

REQUIRED DOCUMENTS

  • Proof of net worth and its source.
  • Investment plan detailing the proposed investment in a Canadian business.
  • Language proficiency test results.
  • Valid passport and travel documents.
  • Business or investment history documentation.
  • Evidence of the funds’ legality and availability.
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SELF-EMPLOYED VISA

The Self-Employed Visa program is intended for people who have relevant experience managing farms or engaging in cultural or sporting endeavors as independent contractors. Candidates must demonstrate their capacity to advance Canada’s sports, cultural, and agricultural industries. Those who meet the requirements can establish themselves in Canada with this business visa and then seek for permanent residence.

REQUIRED DOCUMENTS

  • Documentation of relevant experience in cultural activities, athletics, or farm management.
  • Proof of sufficient settlement funds.
  • Language proficiency test results.
  • Business or employment history.
  • Portfolio of work or achievements.

THE QUEBEC SELF-EMPLOYED PROGRAM

In Quebec, self-employed candidates are distinct from skilled worker applicants as they intend to establish their own employment by engaging in a profession or commercial endeavors. They require two years of relevant experience, a personal net worth of $100,000 CAD, ample settlement funds, and a commitment to generate employment through practicing a profession outlined in the National Occupational Classification.

Similar to skilled workers, self-employed applicants undergo evaluation based on a selection grid encompassing various criteria.

WHY CANADA

Canada has become a prime destination for both local entrepreneurs and international investors looking to expand or initiate new businesses. The country’s diverse markets and supportive policies make it an attractive choice for business immigration to Canada for the following reasons:

  • Stable economy: Canada boasts a robust and consistently growing economy that provides a stable foundation for business operations and investment.
  • Access to global markets: Strategically positioned, Canada offers access to both North American and international markets, enhancing trade opportunities.
  • Favorable business environment: Business-friendly policies, transparent regulations, and low barriers to entry create an encouraging environment for entrepreneurs.
  • Skilled workforce: Abundant in skilled and educated professionals, Canada’s workforce is well-equipped to contribute to business success.
  • Strong rule of law: A well-established legal system ensures business operations are conducted fairly and securely.
  • Supportive government policies: Canada’s government actively supports business growth through grants, incentives, and initiatives designed for various industries.
  • Cultural diversity: A culturally rich society encourages innovation and creativity, developing a global perspective for business endeavours.
  • High quality of life: Canada offers an excellent quality of life, attracting talent and providing a conducive environment for business leaders and their families.
  • Well-developed infrastructure: Modern infrastructure, including transportation, communication, and utilities, supports efficient business operations.
  • Technological advancements: Canada’s tech-savvy atmosphere promotes innovation, enabling businesses to leverage modern technologies.
  • Natural resource availability: The country’s abundant natural resources offer potential opportunities for businesses in various sectors.
  • Research and innovation opportunities: Canada’s research institutions and innovation hubs facilitate collaboration and development in diverse fields.
  • Strong banking and financial sector: A stable and well-regulated financial system provides access to capital and financial services.
  • Political stability: A politically stable environment ensures consistent business conditions and investor confidence.
  • Low corruption levels: Canada’s reputation for transparency and low corruption levels ensures fair and ethical business practices.

FAQs

No, obtaining Canada Permanent Residency (PR) does not require you to move to Canada immediately. You can maintain your PR status while residing in the UAE or any other country. The PR allows you to live and work in Canada whenever you decide to make the move.

Yes, as a holder of Canada Permanent Residency (PR), you have the freedom to live anywhere in Canada. You are not limited to a specific province or city and can choose your place of residence based on your preferences and opportunities available throughout the country.

Having a Canada Permanent Residency in UAE, you are allowed to stay outside of Canada for up to 730 days (two years) within a five-year period while maintaining your PR status. However, it is important to ensure that your travel and time spent abroad do not jeopardize your Canada Permanent Residency.

As a Canada Permanent Resident (PR), there is no specific requirement for how many years you need to stay in Canada. Once you obtain PR status, it is valid indefinitely as long as you meet the residency obligation. To maintain your PR status, you are required to accumulate at least 730 days (two years) of physical presence in Canada within a five-year period. This allows you the flexibility to travel or live outside Canada, but it’s important to meet the residency requirement to keep your PR status active.

To apply for a PR card as a holder of Canada Permanent Residency in UAE, you need to complete and submit the Application for a Permanent Resident Card (Form IMM 5444) to the Immigration, Refugees and Citizenship Canada (IRCC). The application should include supporting documents, such as photos, proof of residency, and other required information. It is recommended to review the IRCC website or consult with a qualified immigration professional to ensure you have the most up-to-date and accurate information for your specific circumstances.

Moving to Canada incurs various costs, including application fees, travel expenses, settlement funds, and more. As trusted immigration consultants, Trenity Consultants in the UAE can provide personalized assistance and information. Contact us for more details.

To obtain Canadian citizenship as a Canada Permanent Residency in UAE, you need to meet certain eligibility criteria and go through the process of applying for citizenship. This typically involves fulfilling residency requirements, demonstrating language proficiency, passing a citizenship test, and proving your knowledge of Canada’s rights, responsibilities, and values. It is recommended to consult the Immigration, Refugees and Citizenship Canada (IRCC) website or seek advice from a qualified immigration professional for detailed and up-to-date information regarding the specific steps and requirements for obtaining Canadian citizenship from the UAE.

To work in Canada, you typically need a work permit. The specific requirements and application process depend on various factors such as your country of citizenship, the type of job you will be doing, and the duration of your employment. Some work permits require a job offer from a Canadian employer, while others may be available through international agreements or programs. It is advisable to explore the official website of Immigration, Refugees and Citizenship Canada (IRCC) or consult with a qualified immigration professional for accurate and up-to-date information tailored to your specific circumstances.

To create an Express Entry profile for Canada Permanent Residency (PR) from the UAE, check your eligibility, complete an online profile, improve your profile if necessary, enter the Express Entry pool, and submit your application if you receive an Invitation to Apply (ITA). For more details, contact us.