Business Immigration
The Business Immigration Program tries to attract experienced business people to Canada; people who will have positive contribution in development of a strong Canadian economy. There are three classes of business immigrants in Canada and for each class the criteria that applicant must meet to qualify are different as follow:
Investors
The Immigrant Investor Program seeks to attract experienced business people to invest C$400,000 into Canada’s economy.
Investors must:
Show that they have business experience - Have a minimum net worth of C$800,000 that was obtained legally and
- Make a C$400,000 investment.
- Investors also have the option of paying a non refundable amount of $120,000.
Your investment is managed by Citizenship and Immigration Canada (CIC) and is guaranteed by the Canadian provinces that use it to create jobs and help their economies grow. CIC will return your C$400,000 investment, without interest, about five years and two months after payment.
To be eligible under the Immigrant Investor Program, you must:
- Have at least two years of business experience.
- Have a net worth of at least C$800,000 that was legally obtained, and be willing and able to make an investment of C$400,000.
- You must also show that you have enough money to support yourself and your dependants after you arrive in Canada.
- Obtain a minimum of 35 points in the selection grid.
- Meet medical and security requirements. You and your family members must pass a medical examination and security and criminal checks.
- Meet any other requirements of Canadian or Quebec immigration regulations.
Quebec Immigrant Investor Program
Under the Canada-Quebec Accord, the province of Quebec operates its own immigrant investor program. All investors in the program must be selected by Quebec and must plan to settle in Quebec.
To be eligible under the Quebec Immigrant Investor Program, you must:
- Have at least two years of business experience.
- Have a net worth of at least C$800,000 that was legally obtained, and be willing and able to make an investment of C$400,000.
- You must also show that you have enough money to support yourself and your dependants after you arrive in Canada.
- Obtain a minimum of 35 points in the selection grid.
- Meet medical and security requirements. You and your family members must pass a medical examination and security and criminal checks.
- Meet any other requirements of Canadian or Quebec immigration regulations.
Entrepreneurs
The Entrepreneur Program seeks to attract experienced business persons who will own and actively manage businesses in Canada that contribute to the economy and create jobs.
Entrepreneurs must:
- Show that they have business experience.
- Have a minimum net worth of C$300,000 that was obtained legally.
- Respect the conditions for entrepreneurs after they arrive in Canada.
Entrepreneur means a foreign national who:
- Has business experience.
- Has a legally obtained minimum net worth of $300,000.
- Provides a written statement to an officer that they intend and will be able to meet the conditions apposed.
To be eligible under the Entrepreneur Program, you must meet the following requirements:
- Have at least two years of business experience within the past 5 years from the date of their application and the date of determination.
- Have a net worth of at least C$400,000 that was obtained legally.
- Meet the selection criteria for the Entrepreneur Program.
- Meet medical, security and other requirements.
Business experience
You must have managed a qualifying business and have had control of a percentage of equity of the qualifying business for at least two years in the period that begins five years before you submit your application and ends when a decision is made on your application.
Quebec
- Have at least two years of business experience within the past 5 years from the date of their application and the date of determination.
- Have a net worth of at least C$400,000 that was obtained legally.
- Meet the selection criteria for the Entrepreneur Program.
- Meet medical, security and other requirements.
Self Employed
Federal:
The Self-Employed Persons Program seeks to attract applicants who have the intention and ability to become self-employed in Canada. Self-employed persons are required to have either:
- Relevant experience that will make a significant contribution to the cultural or athletic life of Canada.
- Experience in farm management and the intention and ability to purchase and manage a farm in Canada.
To be eligible as a self-employed person, you must meet the following criteria:
Relevant Experience
Relevant experience is defined as:
- Participation at a world-class level in cultural activities or athletics.
- Farm management experience.
Quebec
Under the Canada-Quebec Accord, the province of Quebec operates its own business immigration program.
To be eligible as a self employed person, you must meet the following:
- Have a minimum of $100,000 net worth.
- Be able to contribute to the economy.
- Be able to support oneself and dependants.
Selection Criteria
You will be assessed on selection criteria that include your experience, education, age, language abilities and adaptability.
Medical, Security And Other Requirements
You and your family members must pass a medical examination and security and criminal checks. You must show that you have enough money to support yourself and your dependants after you arrive in Canada.