Canada welcomes entrepreneurs to set-up a new business or expand an existing one into Canada. The Canadian government offers Canada immigration for business owners, to attract qualified wealthy business persons who have the skills and experience to help grow Canada’s local economy with their capital. There are several programs available for potential investors who are considering Canada immigration for business. These programs are designed by the federal and provincial/territorial government to motivate and ease the admission of such business entrepreneurs. There are many benefits a business immigrant can enjoy under these programs including national health care program, affordable first-class education and a national pension system that provides measurable annual income upon retirement.
Canada immigration for business owners could be as a start-up or self-employed or as an entrepreneur qualifying for a particular entrepreneurial program offered by a province. Section 98.1(2) of the Immigration and Refugee Protection Regulations specifies the eligibility for the start-up business class. Similarly, section 102(1) of the Immigration and Refugee Protection Regulations highlights the requisites for self-employed class of immigration. Business knowledge and sufficient funds are the most important requirements to qualify for Canada immigration for business. If you wish to establish your business, invest in a business venture under one of the entrepreneur programs or just looking at expanding your business in North America without a permanent residency, then you can seek professional advice from our RCIC who is well versed with Canada’s business regulations and can walk you through the entire process in a manner to simplify your move to Canada. Canada offers a lucrative and efficient market to expand in entire North America. Several treaties between Canada and other countries facilitate easy trade and movement of business persons. Entrepreneurs can choose either a pathway that leads to Permanent Residency or have temporary entry into Canada for their business set-up and expansion. Either ways, it is important to understand the obligations under different pathways and their eligibility to shortlist the most appropriate option for them.