Business Visa
Canada Business Immigration
Canada provides the widest investment-based immigration programs for permanent resident status.
The Canadian confederation system of government and the social norms of the country give a European alternative to the abandoned capitalism of the USA. It also offers benefits same as European style with a fair level of taxation. And in Canada, business immigrants can enjoy the benefits of health care, affordable education, and a national pension after retirement.
The programs that are presenting permanent admission in Canada are:
- Quebec Immigrant Investor Program (QIIP)
- Quebec Entrepreneur Program
- Quebec Self-Employed
- There are several provincial Nominee Entrepreneur Programs
- The Federal Immigrant Investor Venture Capital (IIVC)
Several self-employed programs are launched with the objective to help middle-class persons to establish and operate a business in Canada. The investor programs are aimed at only high net worth persons.
Wealthy business immigrants can buy and establish a new business in Canada for a temporary work visa under the federal owner-operator policies. After a certain period of time, the applicant can also qualify for permanent residence under the suitable immigration program.
Entrepreneur Programs (Provincial)
This program is for mid-range net worth business persons who have enough experience and may be eligible to apply for provincial Entrepreneur programs.
Each province in Canada has its own entrepreneur programs and these programs also led to the path of permanent residence. An applicant has to show their expression of interest and wait for the invitation to submit their application. The further selected candidates submit their complete application which is to be given to the province’s immigration authorities. Generally, the approved candidates are required to sign a Performance agreement and apply for a work permit and also enter Canada as a worker. If your performance agreement requirements are met in the designated period, candidates will receive their provincial nomination. Based on the criteria of their selection and nomination, they can also apply for Immigration Refugees and Citizenship Canada (IRCC) for permanent residence.
Active participation of the applicant is required in the management of a business. The requirements for qualifying vary from program to program. But generally, in most of the cases, their minimum net worth is in the range of $500,000 CAD to $600,000 CAD.
Some programs also require a good amount to be deposited which is refundable once the business is established properly. The applicant must apply to be nominated by the province under a provincial nominee program, based on which applicant will get further permanent residence after federal health and criminality check.
Self Employed Program
The Federal Self Employed Class
The Self Employed Class is geared towards the candidates who already have relevant self-employed experience as well as the ability and intention to create their employment own. And it should also contribute to the economy, cultural, athletic, and artistic life of Canada.
Here a successful candidate is those who have at least the experience of two years in the five years before the date of the application submission in cultural, self-employment, or in athletics or farm management experience.
For the qualification, the applicant must show a sufficient amount of net worth which should be less than an entrepreneur. Which should enable the applicant to be self-employed in Canada. It should also have a contribution to the economy of Canada and meet the initial settlement requirements.
The Quebec Self-Employed Program
In the province of Quebec, self-employed applicants are primarily differentiated from skilled worker applicants that they come to Canada to produce their job own by commercial activities or by practicing a profession.
The applicant here must have two years of applicable experience, and have a personal net worth of $100,000 CAD. The applicant should also have sufficient funding for settlement in Quebec. The applicant will come to Quebec to create employment for the applicant by doing commercial activities or practicing a profession defined by National Occupational Classification.
As like skilled workers, the self-employed applicant is evaluated under the selection grid which is comprised of several factors.
Start-Up Visa
Under this program, qualified immigrant entrepreneurs are given Canadian permanent residence. This program is launched with the target to take up innovative and skilled entrepreneurs to Canada and link their business with the Canadian private sector businesses and facilitate and help for the establishment of their start-up business in Canada.
The candidates who will be successful will then receive a letter of support from a government-designated entity such as an angel investor group, venture capital fund, or business incubator. The applications for the start-up visa are assessed on a pass-fail basis.
Applicants to Canada’s Start-Up Visa program must meet four basic eligibility requirements:
- The applicant should have a qualifying business.
- The applicant must obtain a commitment from a designated entity in the form of a Letter of Support and Commitment Certificate.
- The applicant must have sufficient available, and transferable settlement funds.
Start-Up Visa Settlement Funds (The year 2020)
Number of Family Members | Funds Required (in CAD) |
1 | $12,960 |
2 | $16,135 |
3 | $19,836 |
4 | $24,083 |
5 | $27,315 |
6 | $30,806 |
7 | $34,299 |
Each additional family member | $3,492 |
- The applicant must demonstrate sufficient proficiency in English or French through authorised testing (Canadian Language Benchmark level 5
The required commitment from a designated entity must fulfill the following criteria:
- A designated business incubator should confirm that they are accepting the applicant into its business incubator Program.
- A designated angel investor group must ensure that it is investing at least $75,000 CAD into the qualifying business, or two or more commitments from designated angel investor groups totaling $75,000 CAD
- A designated venture capital fund should ensure that it is investing at least $200,000 CAD into the qualifying business or two or more commitments from designated venture capital funds totaling $200,000 CAD.
Buying a Business in Canada
The work permit to the permanent residence pathway is an innovative multi-step process that helps investors/ entrepreneurs come to Canada and qualify for permanent residence quickly.
The wealthy business immigrants are buying businesses and turning Canada’s owner-operator policies
Business Visitor
How to visit Canada on business?
If you want to visit Canada on business, you will need to understand what a business visitor is, what things you can do by this, what you will need to do or bring to enter Canada.
What is a Business Visitor?
You are a business visitor if you came to take part in international business activities. Or if you are visiting Canada to advance your business relations, for investment purposes, and for growing your business.
The validity of a Business visitor visa is up to 6 months with some terms and conditions.
How to show you are a business visitor
One must show the following things to qualify as a business visitor to Canada:
- Make a plan to stay less than 6 months.
- Don’t plan to enter the Canadian labor market.
- Applicant should have proper documents that support your application.
- Your main place of business should be outside of Canada.
- Applicant should fulfill the basic entry requirements:
- Have a valid Passport
- Don’t have any criminal record, security, or health risk to Canadians.
- Have enough money to stay and meet your expenses.
Types of activities you can do as a Business visitor
- Buying Canadian goods and services for a foreign business.
- Going for the meetings, conference.
- To take orders of goods and services.
- Giving after-sale services like a warranty.
- Training employees of Canadian a branch of a foreign company.
What do you need to enter Canada?
If you are a business visitor, you will need either a visitor visa or eTA (Electronic Travel Authorization) to come to Canada. You may also be asked to provide you biometrics also.
What to bring with you to Canada?
Applicant should have the following documents in their hand when they arrive at the airport or border:
- A valid passport for your entry and stay.
- A valid visitor visa.
- Letter of support from the parent company and the letter of invitation from the host of the meeting.
- Documents like warranty or contracts, depending on your reason to visit.
- Contact details of your business host in Canada.
- Proof of enough money for staying and returning back.
Office
CANADA
19 Haverty Trail,Brampton, ON L7A0S7 Canada
Phone +1(647)8193104
Email-info@kickstartimmigration.com