Are you wondering if business immigration is a possibility for you? Canada offers numerous business immigration programs for hopeful immigrants at different levels of business experience that require different amounts of investment. Business immigration could be an option to become a permanent resident if you choose a path that works for you.
Canadian Business Immigration Programs
You can explore business immigration programs in Canada under federal or provincial categories. There are many of these programs, and most have a few similar requirements. If you’re thinking of utilizing a business immigration program, you’ll need to consider the following:
- Will you be starting or acquiring a business?
- How much of an investment is required?
- How much relevant experience do you need?
- What is the minimum ownership percentage you can have?
- Are there any mandatory residence or language proficiency requirements?
- Do you need to make an exploratory visit?
Planning your business venture will take a lot of time and decision-making. You will need to assemble a clear and comprehensive business plan to accompany your immigration application, which means you will need to understand your business and how it will operate.
Federal Programs for Business Immigration
Two federal business immigration programs are the Federal Start-Up Visa Program and the Federal Self-Employed Program. The federal government of Canada runs these programs.
One key factor to consider in the Federal Start-Up Visa Program is that there is no minimum required investment. However, you will need to get a commitment certificate or a letter of support from a designated Canadian organization.
The Federal Self-Employed Program is an option for anyone seeking to relocate to Canada for self-employed work in farming, cultural or world-class athletic fields. Individuals in this category need at least two years of professional work experience in their area of expertise.
Provincial Nominee Programs for Business Immigration
Most provinces in Canada offer a Provincial Nominee Program (PNP) for immigration to a specific province or territory. Across the several PNP pathways, you will find several business-relation opportunities for immigration to different provinces and territories in Canada. Each province’s program will have different requirements, so be sure to explore the options that would be the best fit for you.