Business Investment Programs
Canada offers tremendous opportunities to foreigners who want to do business in Canada. Every year, thousands of ambitious businesspeople grace our shores and there is certainly no reason why you cannot be one of them.
The objective of the Business Immigration Program is to encourage investment and employment in Canada through the migration of people who have the ability to successfully establish or invest in a business in Canada.
Startup Visa Investor Program
Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:
can create jobs for Canadians
can compete on a global scale
The successful candidates need to pitch their business ideas to designated institutions including Venture Capitals, Business Incubators, and Angel Investors. Candidates have to seek a minimum investment or funding of $200,000 from venture capitals and business incubators or a $75,000 commitment from designated angel investors.
Once candidates get the letter of support from those designated, they will be eligible for PR applications.
Business Owner/ Business Investor
The Business Owners program is for any individual who would like to immigrate to Canada by investing or purchasing businesses in Canada. The interested applicant will have to manage their business on a daily basis by applying for a work permit to come to Canada. There are a couple of work permit options for foreign investors such as the Comprehensive and Progressive Agreement of Trans-Pacific Partnership, Owner Operator LMIA and North American Free Trade Agreement work permits.
The prospective business owner might be qualified for Express Entry – Federal Skilled Worker or other programs depending on their profile after operating the business for 1 year.
Provincial Nominee Program Entrepreneur
Most of the PNP’s have at least one entrepreneur or investor visa category dedicated to people who want to expand or start their business in Canada. Each province has a different set of rules and eligibility requirements based on its own economy, opportunities, and market priorities.
Newfoundland and Labrador
Prince Edward Island