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Canada Business Immigration
Canada is one of the most popular destinations for immigrants, especially the ones who want to start a business. There are different ways of getting a visa for Canada and business immigration is one of them. By business immigration to Canada, you can start your business in this country and expand your work globally. In the article below, we will cover everything you need to know about Canada business immigration.
What is business immigration?
Trying to get a visa to a foreign country by establishing a business in that country is called business immigration. In this case, the destination country’s government will facilitate your business, so that you can earn more money which will benefit both you and the economy of the destination country. You can get a business immigration visa via investment, entrepreneurship, or establishing a start-up.
In the following paragraphs, each of these methods will be explained.
Business immigration to Canada via investment
An Investor visa is for the people who want to establish a business in Canada, which includes starting or importing a franchise or opening up a business. For granting the investor visa, you can either invest in the government or a business. There are no age limits or education requirements for the investor visa. However, some work experience is needed. this work experience should be either the ownership or the management of the business. If you get the visa, you can take your spouse and under 22 years old children to Canada.
to get the investor visa, you will need to hand in proof which ranges from 350,000 to 800,000 CAD.
Additionally, your net worth should be from 350,000 to 1,600,000 CAD.
Business immigration to Canada via establishing a start-up
to get a start-up visa you need to get a commitment letter from one of these organizations:
- Business incubator
which affirms the participation or acceptance of the business in a business incubator program
- Angel Investor Group
which affirms the minimum amount of investment in the applicant’s business, which is at least CAD 75,000
- Venture Capital Fund
Which affirm the minimum investment in the applicants’ business, which is at least CAD 200,000
The applicants who can successfully get the start-up visa will be allowed to have permeant residence, they will have access to high-quality educational system and health care service, and work permission. This kind of business immigration to Canada has no age limits and gives applicants the permission to take their spouse and children who are under 22 to Canada.
Business immigration to Canada via entrepreneurship
This program is designed for the ones who want to own or manage a business in Canada. If someone grants this kind of visa they and their immediate family would become Canadian citizens. to get this visa, you need to have at least 300,000 CAD net worth. You must have enough business experience, either as a business owner or manager. You can start your business anywhere in Canada, except Quebec, to get an interpreter visa in Quebec you need to check the Quebec entrepreneur program.
What documents do I need for business immigration to Canada?
There is a couple of documents you need to prepare for business immigration to Canada, including:
- Passport with 6 months validity
- 3 color photographs
- Covering letter
- Accommodation proof
- Flight tickets
- Proof of employment
- Proof of finance
- travel itinerary
- invitation letter
How long does it take to grant the visa?
The Business immigration visa process can be different due to many different factors, such as the workload of the embassy. But, in general, you can grant your visa in at least 35 working days.
Benefits of business immigration to Canada
A lot of people are interested in business immigration to Canada. But what makes this country a popular destination for business immigration? There are a lot of answers to this question. Firstly, Canada has a professional workforce with a stable government. Moreover, by receiving a business immigration visa, you can get permanent to Canada for yourself and your immediate family. In addition, The Canadian government provides businesses with the latest technology and infrastructure. as a result, businesses can grow very quickly.
Furthermore, opening a business in Canada allows you to trade in the global market, and you will be able to expand your business in some countries like Mexico, the UK, and the US. Running a business in American or European countries is extremely expensive. However, establishing a business in Canada is much more affordable.
Additionally, Canada has a high availability of resources that can help your business to develop remarkably. As mentioned above, if you become a Canadian resident, you can take your immediate family to Canada. This means all your family members will be allowed to benefit from all the social facilities the Canadian government offers. Namely, a high-quality educational system, and a subsidized health care service. And last but not the least, business immigration to Canada allows you to employ some workforce, which leads to your cooperation in Canada’s economy.
Conclusion
All in all, it can be said that Canada is an ideal destination for business immigration. Because not only it will provide you with opportunities to become a more successful businessperson, but also it can help you to improve your own and your family’s life-quality. High-living standards, affordable living expenses, rich resources, access to the global market, being provided with the latest technology, and the opportunity to get permanent residency via a business immigration visa are some good reasons to encourage you to run your business in Canada. However, you should keep in mind that in order to be able to grant the visa you must have a precise business plan that fulfills all the requirements for receiving the visa.
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