Business Visa Immigration:
Currently one cannot make an investment in Canada, like buying a property or
depositing large sums in banks or financial institutions (called passive investment), for
the purpose of acquiring a business work visa or permanent residency, which was
stopped in 2014.
Owner – Operator : under the present rules, this route is one of the ways to acquire a
business visa. One has to buy or set up a new or existing business in Canada and meet
the program’s requirements.
International Mobility Program, there is a window of opportunity to apply for some
eligible persons for Business visa in this category, and please contact us to know more
about this option.
Quebec, the French speaking province, has its own investment – linked program, which
has also been suspended till April, 2023 and is undergoing revisions. It is anticipated
that the Federal government may come up with new investment-based programs in the
near future.
Start-up Visa:
It requires one to first get a support letter from a designated incubator, venture capital or
angel investor organization in Canada, and then meet their conditions and convince
them with the feasibility and innovative aspects of your business proposal. There is no
minimum investment to be made, but you need to show proof of settlement funds. One
of the three types of organizations ,will make a financial commitment into your project,
after they approve your project proposal.
Self-employed persons:
This is only for the NOC 51 and 52 work in cultural or athletic activities at world class
level, with 2 yrs of self-employed experience. The applicant should demonstrate
capability to make a significant contribution to the specified economic activity, and also
support themselves in Canada. They also need to qualify on a points system to qualify
in this stream.
PNP:
Each province also has its own business / entrepreneur program for PR based on
investment criteria, for foreign entrepreneurs and international graduates to make
investment in a business, such as buying an existing business or creating a new one.
The investment amounts differ for each province, as also the requirements for
education, experience and language scores.