Check Out the 5 Investment Options for Business Immigration.
Which Pathways Present Opportunities to Obtain Permanent Residency in 2021?
If you are hoping to immigrate to Canada in 2021, the following immigration programs could help you gain permanent residency:
1. Federal Express Entry System:
The federal Express Entry system manages applications from 3 federal economic immigration programs:
- Federal Skilled Worker Program (FSWP)
- Federal Skilled Trades Program (FSTP)
- Canadian Experience Class (CEC)
Applicants must submit their profile to the federal Express Entry system and be ranked by the Comprehensive Ranking System (CRS).
Applicants can then receive an Invitation to Apply (ITA) for permanent residence.
2. Startup Visa Program:
The Start-up Visa Program was created to attract international entrepreneurs to set up a new business in Canada. Foreign business entrepreneurs can acquire permanent residency by starting a business with the support of a designated Canadian organization.
This is one of many programs for Business Immigration designed to attract international entrepreneurs and investors.
3. Provincial Nominee Programs:
Canada has 10 provinces and 3 territories. Except for Quebec and Nunavut, 9 provinces and 2 territories offer their own Provincial Nominee Program (PNP) for foreign workers, international students, entrepreneurs and investors.
These programs target foreign nationals with specific skills and experience relevant to the needs of each of their respective economies. Applicants for these programs must receive provincial nominations to qualify for permanent residence.
Each involved province and territory have streams that are also business and investor focused, called Provincial Business Programs.
4. Quebec Immigration:
Quebec retains autonomy to operate its immigration system to maintain its unique identity.
There are several immigration programs affiliated with the Quebec immigration system for foreign workers and entrepreneurs.
However, applying for those streams is a 2 step process. Applicants will need approval from both provincial and federal governments to qualify.
5. Study Permit:
Coming to Canada on a study permit to pursue higher education is also a way to gain permanent residency further down the line.
International students can eventually transition to permanent residents after completing their study programs and acquiring qualifying work experience.
International students make up more than 350,000 new permanent residents annually.
International students are permitted to work up to 20 hours per week during the academic season and 40 hours a week during scheduled holidays.
After completing their study programs, international students usually apply for a Post-Graduation Work Permit (PGWP) to gain Canadian work experience.
This work experience makes them eligible to apply for permanent residency through the federal Express Entry system and various PNP streams across Canada for international graduates.
6. Family Sponsorship:
Family Class Sponsorship permits Canadian citizens and permanent residents to sponsor their spouse or common-law partner, dependent children, and parents and grandparents for permanent residence.
There are 3 categories of Family Class Sponsorship:
Spousal Sponsorship will be based on where your spouse is currently living.
Canada also accepts your conjugal partner and same-sex relationships through Spousal Sponsorship.
A child will only be considered dependent if they are under the age of 22 and unmarried. Along with dependent child sponsorship, there are opportunities to sponsor more distant relatives.
7. Humanitarian and Refugee Immigration:
Canada is an international leader in welcoming refugees and other immigrants for Humanitarian and Compassionate Grounds.
Canada could grant permanent residency based on Humanitarian and Compassionate Grounds.
Bonus: Other Immigration Programs for Foreign Workers
In addition to those mentioned above, there are many other immigration programs for foreign workers such as:
Based on your eligibility and preference, you can apply through these available programs and immigrate to Canada in 2021.