Business Immigration

Business

Immigration

Features

01

Canada offers so many business opportunities and support for international business people, entrepreneurs, investors, senior management staffs and high-level skilled talents, and self-employed person. In order to attract the business investment from worldwide, the Canadian government has its pathways, and almost every province has its own entrepreneur stream to help them to immigrate to Canada.

02

Business Immigrants may buy or establish a new business in Canada and go through a temporary work permit to qualify for permanent residence application.

03

Business immigration includes:

Start-up visa; International Mobility Program; PNP Entrepreneur Stream; Self-Employed

Features

Canada offers so many business opportunities and support for international business people, entrepreneurs, investors, senior management staffs and high-level skilled talents, and self-employed person. In order to attract the business investment from worldwide, the Canadian government has its pathways, and almost every province has its own entrepreneur stream to help them to immigrate to Canada.
Business Immigrants may buy or establish a new business in Canada and go through a temporary work permit to qualify for permanent residence application.
Business immigration includes: Start-up visa; International Mobility Program; PNP Entrepreneur Stream; Self-Employed

Eligibility

Business owners, entrepreneurs, and shareholders of successful companies who are currently holding executive positions in that company and who intend to do similar work in Canada.
Senior managers and functional managers who are currently working in a foreign company and intend to occupy a similar position in Canada.
Key employees of a business who have advanced specialized knowledge that is unique or uncommon.
The home company must be operational for at least 12 months (but ideally for at least 3 years) before expansion to Canada;
The home company must be financially sound and capable of supporting foreign operations in Canada;
The applicant seeking an ICT WP must be working/engaged with the home company for at least 12 months in the past three years prior to the immigration application;
The home company must be related to the company in Canada as a parent, subsidiary, or affiliate company; and
Canadian operations will be a viable enterprise and result in job creation for Canadians.

Investment Amount for the Initial Expansion of your Business to Canada

The Canadian government does not set any minimum investment amounts for companies expanding to Canada. However, the companies must be financially sound and have the required capital to support their new operations in Canada and hire local talent. However, based on our experience, companies shall be able to demonstrate solid gross sales exceeding $250,000 per year and access to liquid funds in the amount of at least $100,000 to cover the first year’s operational costs.

Feature

Applicants must:

have relevant experience in cultural activities or athletics
- take part in cultural activities or athletics at a world-class level or
- been a self-employed person in cultural activities or athletics
be willing and able to make a significant contribution to the cultural or athletic life of Canada

Eligibility

at least two years of experience during the past 5 years. More points for 3,4,5 years
Selection Criteria: experience, education, age, language abilities, adaptability
pass medical and security checks, enough settlement fund

Government Fee

Starting from $2140

Feature

Aimed at Innovative immigrant entrepreneurs who will create new jobs and spur economic growth.
Applicants do not have to invest their own money.
The program links immigrant entrepreneurs with private Canadian Business incubators, angel investor groups, or venture capital fund organizations that have experience working with start-ups and can provide essential resources.
Increased quota to 3500 for 2023
Accelerated processing of new applications with a planned processing time of 1 year.
All applicants will be issued an open work permit.
The validity of the work permit is extended to 3 years.
All members of the SUV project will receive a work permit.
Prioritize projects with investment commitments.
No LMIA approval is required.
English requirements are low CLB5, ILTES R4.5/L5/S5/W5
If the applicant's PR has been approved, but the business operation fails, it will not affect the applicant's PR status

Eligibility

A Start-up Business (SUB) must be a new business (less than 6 months old on the date on which their application for a permanent resident visa is made)
A SUB must be incorporated in Canada, the applicant provides ongoing management from within Canada, and the essential part of its operations in conducted in Canada.
A SUB had received a Letter of Support from a business incubator, angel investor group, or venture capital fund organization to invest in or support the SUB.
The designated organization must also send a commitment certificate directly to IRCC. (Both the letter of support and the commitment certificate are used to assess the application)
Meet the language requirements of CLB5 for each of the four language skills areas.
Must have sufficient settlement funds, assessed using 50% of Statistics Canada’s current LICO for Urban with a population of 500,000 or more.
Each applicant holds 10% or more of the voting rights attached to all shares of the corporation, up to 5 applicants
Or applicants and the designated organization jointly hold more than 50% of the total voting rights.
Incubator program: no investment is required
Canadian Venture capital funds: minimum investment CAD 200,000
Angel investor group: two or more/CAD 75,000

Government Fee

Principle applicant: 1575

Spouse: 825

Each Family member: 225

Assessment

Assessed by pass/fail system
If the principal applicant fails, all applicants fail.

This stream is for entrepreneurs from outside Canada interested in starting a new business or buying an existing business in Ontario.

The Entrepreneur Stream application is a two-stage process.

Stage 1

Register an expression of interest (EIO)
If invited, submit an online application.
You and your business partner (if applicable) attend a mandatory interview.
If your stage 1 application is successful, you must sign a performance agreement.

Stage 2

We issue a temporary work permit support letter so that you can apply to IRCC for a temporary work permit.
Establish your business - you have 20 months from the date you arrive in Ontario to implement your business plan and submit a final report.
If your business meets all requirements, we ask you for documentation to make sure you are eligible for nomination for permanent residence.

Area

Business Experience

Requirement

At least 24 months of full-time business experience in the last 60 months. Your experience must be as a business owner or as a senior manager (business management). As a business owner you must have had an active role in the business and owned at least one-third of the business. As a senior manager you must have had senior decision-making responsibilities in the business and managed the day-to-day operations of the business in whole or in part.

Net Worth

within GTA 800,000 CAD
outside of GTA 400,000 CAD

Personal Investment Funds

within the GTA, you must make a minimum personal investment of $600,000 CAD
outside of the GAT, you must make a minimum personal investment of $200,000 CAD

Job Creation

within GTA at least 2 full-time permanent jobs
outside GTA, at least 1 full-time permanent job

Language

CLB4

Residency

You must be physically living in Ontario for 75% of the time during which you are establishing your business.

Business Premises in Ontario

You must maintain a place of business in Ontario at all times.

Ineligible Types of Business

Before you start the process of applying you need to ensure that your proposed business is not one of the ineligible types listed below:

automated car wash business
holding companies
laundromats
pawnbrokers
payday loan and related businesses
scrap metal recycling
tire recycling
a business involved in producing, distributing or selling pornography or sexually explicit products or services, or providing sexually oriented services
businesses which have been previously owned or operated by a current or former OINP Entrepreneur Stream nominee or a nominee under the former investor component of the Opportunities Ontario program

If your proposed business will be located in the Greater Toronto Area, the following types are also ineligible:

existing franchises in Ontario (new foreign franchises expanding into Ontario are permitted)
gas stations
bed and breakfasts

Features

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Features

Investment Amount for the Initial Expansion of your Business to Canada

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