Canada Business Immigration Overview

Business Immigration Canada

Canada offers the most established and widely-used investment-based business immigration programs bestowing PR status. The Canadian government and the country’s social norms allow a “European option” to the USA. 

Beneath the Canadian model, immigrants can experience the advantages of a national health care program, first-class education and a national pension system that renders measurable annual income against retirement. 

BUSINESS IMMIGRATION – FEDERAL

Buy a Business and Move to Canada 

  • Not a formal business program,  
  • Allows wealthy immigrants to move to Canada via Ottawa’s temporary work permit under the owner-operator policies. 
  • Buy established business to qualify for work permit via Temporary Foreign Worker Program. 

Immigrant Investor Venture Capital Program 

  • Introduced to replace the Canada Immigrant Investor Program, but failed. 
  • Includes Personal net worth of $10M and $2M investment for 15 years. 

Start-Up Visa Program 

  • Established in 2013  
  • Grants permanent residence  
  • Work permits to qualified immigrant entrepreneurs.  
  • Recruit entrepreneurs and link them with private sector businesses in Canada 

BUSINESS IMMIGRATION – PROVINCIAL

QUEBEC

Quebec Immigrant Investor Program 

  • Legally-acquired personal net worth of $2M. 
  • 2 years of management or business experience within 5 years preceding application. 
  • Investment of $1,200,000 into a passive government guaranteed investment for 5 years without interest. 

Quebec Immigrant Entrepreneur Program 

Recruit individuals who have the skills and experience to operate a business in the province with the following conditions: 

  • Stream 1 consists of managing a business in Quebec that the candidate created alone or with other partners. 
  • Stream 2 have entrepreneur to control at least 25% of the shares of a new enterprise, or at least 51% of an acquired enterprise. 

Quebec Self-Employed Program 

  • 2 years of applicable experience in the intended profession. 
  • Possess a personal net worth of $100,000. 
  • Have sufficient settlement funds to support themselves and their family. 
  • Provide a start-up deposit, if the self-employed candidate is based 
  • In Montreal: minimum $50,000  
  • Outside Montreal: minimum $25,000

BRITISH COLUMBIA

Entrepreneur Immigration 

Requirements 

  • Establish an eligible new business or purchase and improve an existing business in B.C. 
  • Investment of a minimum of $200,000 in the new or existing business. 
  • Net worth of minimum of $600,000. 
  • Score 4 in Canadian Language Benchmark  
  • Business and/or management experience. 
  • Pay a $300 registration fee, $3,500 application fee and $1,000 fee for each key staff application. 

B.C. Entrepreneur Immigration – Regional Pilot 

Key Features 

  • Community Involvement 
  • BC PNP Referrals 
  • Community Concierge 
  • Invitations and Prioritization 

Community Requirements 

  • Population of less than 75,000. 
  • Located beyond 30km from a municipality of more than 75,000 population. 
  • Immigration and pilot-specific training must be completed by community representatives. 

Candidate Requirements 

  • Complete an exploratory visit. 
  • Minimum of  
    • $100,000 in eligible business investments 
    • personal net worth of $300,000
    • 51 percent ownership
    • one new job created
    • Score 4 in Canadian Language Benchmark

B.C. Entrepreneur Immigration – Strategic Projects 

Company Requirements 

  • Make a minimum equity investment of $500, 
  • Create at least three new jobs for Canadian citizens or permanent residents  
  • Establish or purchase and expand a company in B.C. 

SASKATCHEWAN

The Saskatchewan Immigrant Nominee Program has two main business categories:  

  1. Entrepreneur Stream
  2. International Graduate Entrepreneur Stream 

Entrepreneur Stream 

  • Minimum net worth of $500,000 legally acquired & 3 years of entrepreneurial /management experience. 
  • Investment of at least $300,000 in Regina or Saskatoon, or $200,000 is any other Saskatchewan area. 

International Graduate Entrepreneur Stream

Requirements 

To Submit an EOI 

  • At least 21 years of age 
  • Completed a full-time Saskatchewan post-secondary degree or diploma of at least 2 years in length from a recognized and eligible institution 
  • Valid PG Work Permit with no less than 24 months of eligibility remaining 
  • Lived in Saskatchewan during their academic program 
  • Minimum Canadian Language Benchmark (CLB) level of 7 

For Business Establishment 

  • Live in Saskatchewan 
  • Actively own and operate an eligible business in Saskatchewan for at least 1 year prior to applying for nomination. 
  • Own at least 1/3 of the equity of the business 
  • Demonstrate business is generating the minimum required revenue
  • Sign a Business Performance Agreement with the Government of Saskatchewan. 

NEW BRUNSWICK

Entrepreneurial Stream Requirements 

  • Eligible connection to New Brunswick
  • Aged between 22 and 55
  • Minimum 2 years post-secondary education degree or diploma 
  • Score 5 in Canadian Language Benchmark exam 
  • Completed at least two years of full-time post-secondary education 
  • The legally-acquired personal net worth of at least $600,000, of which $300,000 must be available in unencumbered liquidity 
  • Invest at least $250,000 in a New Brunswick business, taking at least 33% ownership 
  • Sign a Business Performance Agreement with the New Brunswick provincial government and pay a deposit of $100,000

Post-Graduate Entrepreneurial Stream Requirements 

  • Aged between 22 and 40 
  • Score 7 in Canadian Language Benchmark
  • Completed at least two years full-time post-secondary  
  • 100 % owned and operated a business for one full year 
  • Valid Post-Graduation Work Permit 
  • Live permanently in New Brunswick 

NOVA SCOTIA 

Entrepreneur Stream 

  • Be aged 21 or older 
  • Want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business 
  • Minimum 
    • net worth of $600,000 
    • investment of $150,000 to establish or purchase a business in Nova Scotia 
    • 3 years of experience actively managing and owning a business (33 % ownership minimum) OR more than 5 years of experience in a senior business management role 
    • Score 5 on the Canadian Language Benchmark in speaking, listening, reading and writing in English or French

NEWFOUNDLAND & LABRADOR 

International Graduate Entrepreneur Category 

  • Open to immigrants wishing to start, join or manage a business
  • Graduate of Memorial University or the College of the North Atlantic 
  • Completed a program at least two years in length 
  • Benchmark level 7 in one of Canada’s official languages 
  • At least 1 year of experience in managing or owning a business in the province 

International Entrepreneur Category 

  • Open to immigrants aged 21 to 59 
  • Transfer $500,000 in net business and personal assets to the province 
  • Have 2 years of experience managing a business

Business immigration is a great way to settle in Canada, however, many applicants are misinformed about the right way to invest and start a business in Canada.

Jet Immigration expert team has over 40 years of experience in Business Immigration and Investor Visa. If you are looking for a trustworthy and transparent advise on how to apply, establish and operate a successful business in Canada, contact us or take a free assessment.

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