Canadian Business Immigration
Contents
Introduction
Canada has three schemes for those in business: the
entrepreneur scheme, the self-employed scheme, and the investor scheme. Unlike
the US, Canada grants business people permanent residence relatively quickly.
However, the Government will monitor the businesses of entrepreneurs and the
self-employed to make sure that they are actually trading for the first two
years. All the Canadian schemes are looking for people with proven business
experience. Those planning to immigrate to Canada under the entrepreneur and
self-employed schemes are advised to travel to Canada to do their own research
before any application is made.
Entrepreneur Scheme:
In the entrepreneur scheme we would generally recommend an
investment of at least C$150,000 to C$200,000; and you should create employment
for at least one Canadian or permanent resident other than yourself or your
family. On this scheme you do not need to invest the funds immediately but can
do so after emigrating to Canada. It is advisable to do a considerable amount of
research on possible business investments, have a proper business plan and show
that there is a proven demand for your services in Canada. Your case is more
likely to succeed if you can show that there will be some benefit to the
Canadian economy. If you wish to acquire an existing business we have numerous
contacts in Canada.
Self-Employed Scheme
For the self-employed scheme you only need to employ yourself
but generally only a limited number of occupations will be considered such as
professional athletes, artists, active farmers or writers. In practice it is
found on this scheme that self-employed artists are given a great deal of
preference.
Investor Scheme:
The investor scheme is a very poor investment and requires at
least C$250,000 in the scheme for five years. You also need to have proven
business experience and a net worth of C$500,000. We only recommend this scheme
to clients who are very wealthy and do not wish to go to the trouble of setting
up a business in Canada. This scheme is also recommended for those who wish to
gain permanent residence quickly.
What about my Family &
Dependants ?
The Canadian Government does understand that families wish to
be together and immigration is permitted for many members of the family.
Outlined below are the requirements for various members of the family:
Spouse: Your spouse can normally be included in your own
application for immigration. The form needs to be completed and similar
information needs to be provided as for the "Principal Applicant".
This is normally a straightforward application to make. If you are already in
Canada the procedure is slightly different and application is made to the Case
Processing Centre in Ontario, Canada.
Children: Your unmarried children under 19 can be included in
your own application for immigration to Canada.
Children over 19 can be included if they are in full-time
education and still financially dependent on you.
Children who are married may be included if they are in
full-time education, and are still financially dependent on you.
Parents: Your parents can normally be accepted for
immigration to Canada, but you can not aply for their visas until you have
settled in Canada. Further, the requirements are somewhat more onerous, than is
the case for applications relating to a spouse or a child; there are strict
financial requirements that must be met before a parent can gain entry to Canada
on the strength of their children's presence there. These financial requirements
vary depending on the number of dependants already living with the sponsor, and
the part of Canada in which they reside. In rare cases where the parents are
living in some hardship, and there are compelling humanitarian and compassionate
reasons to do so, an application may be made at the same time that the sponsor
is applying for immigration to Canada.
Grandparents: Your grandparents can be admitted under
requirements similar to those for parents (outlined above).
Others: Sponsorship applications can be made for orphaned
relatives under 19 years of age such as brother, sister, nephew, niece or
grandchild. Further, you can normally sponsor a child under 19 years of age that
you plan to adopt (subject to the relevant adoption laws).
Assessment for Business
Categories
If you are thinking of moving to Canada as a Business Immigrant,
Workpermit.com can assist you through the application process. Please fill out Canadian
Immigration Assessment Form for Business Immigration.
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