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Canada Business Visa

Business /Investment in Canada

Canada is one of the ideal business and investment destinations for worldwide investors and business peoples. The Canadian Government and immigration encourage people worldwide to invest and contribute to the Canadian economy, thereby, increasing international exposure and excellent earning potential to the business people.

 Why Canada is an ideal Business & Investment Destination?

  • ¬†Canada is a world leader of significant industries like Aerospace, Automotive, Petroleum, Agriculture, Information Technology and Shipbuilding.
  • Lower business costs and corporate tax rates,
  • Ready access to markets,
  • A highly skilled and educated workforce,
  • Strong public support for R&D and stable,
  • Robust financial institutions

All these factors make Canada the most profitable place to invest in the world.

Below are the business /Investment visa categories in Canada:

Self-employed Persons Program

The self-employed person is a foreign national who has relevant experience and can be self-employed in Canada and contribute to the economy. The applicant will be selected based on the criteria, i.e.

  • Age
  • Education
  • Experience,
  • Language abilities, and
  • Adaptability.

Apart from above, such applicant also needs to meet the medical and security requirements.

Start-up visa Program

It applies to the individuals who have a business idea and someone to fund it as well.

To be able to receive a start-up visa, you need to:

  • Meet the language proficiency requirements
  • Prove that a selected Organization is supporting your Business scheme or idea
  • Have a sufficient arrangement of funds

The Immigrant Investor Venture Capital (IIVC) Pilot Program

The Immigrant Investor Venture Capital (IIVC) Pilot Program has reopened. The CIC will admit the applications from May 25 to December 30, 2015, and process the first 60 applications completed from all perspectives. Moreover, the CIC will also accept up to 60 different applications placed on a waiting list.

The program may close earlier if 60 immigrant investors get the permission for permanent residence, or once 60 applications are in processing and 60 applications are on the waiting list.

Eligibility Conditions for applying under the IIVC Program

You must fulfil all of the below requirements to apply under the Immigrant Investor Venture Capital Pilot Program.

  • have the capability to economically establish in Canada;
  • willing to reside in a province other than Quebec;
  • have a minimum net worth of Can$10¬†million lawfully obtained through business or investment activity;
  • fulfil the minimum language ability threshold, as shown by results of a designated language test;
  • fulfil the minimum education requirement (or have a minimum net worth of Can$50¬†million);
  • Make an at-risk investment of Can$2¬†million into the Immigrant Investor Venture Capital Fund.

 Provincial Nomination Programs (PNP) Also Nominate Business Immigrants

Apart from the above programs, a few provinces also have their own Business Immigration Programs to attract and retain the individuals with Business Experience, i.e. Quebec Business Immigration. The business immigration programs of PNPs focuses on the needs and requirement of a particular province, and hence, many of such programs might suit your candidature as well. Therefore, PNP programs are also an excellent option to apply.

Quebec Business Immigration Program

This particular program is part of the Canadian Immigration program only. The Quebec Business program facilitates the people who have the business and management experience or belong to Investor, Self Employed or Entrepreneur, etc.

The Selection Procedure

The individuals interested in applying for the Quebec Business Immigration Program, have to prove their capability and intention to settle in Quebec and contribute to the Canadian economy in an effective and significant manner. Below is the stepwise process for selection:

  • Interested candidates will apply for the concerned immigration program
  • If the province of Quebec approves the application, the applicant will get the Certificat de s√©lection du Qu√©bec from Quebec’s Government.
  • An applicant needs to go through and pass the health and security examinations
  • On completion of all the formalities, an applicant will receive the PR visa under the relevant category.

Three Main Categories of Quebec Business Immigration Program

All three Immigration Programs of the Business category have their selection criteria and conditions. Below are the three main types of the Quebec Business Immigration Program:

  1. Self-employed Worker Program

To get qualified in this program, you must:

  • Come to create your job by working in a profession or trade of your own.
  • Have a net legal asset of minimum C$100,000
  • Have at least two years of experience in the domain, or you are willing to practice in the province of Quebec.
  1. Investor Program

To qualify in this program, you must:

  • Have legally obtained assets of minimum C$1,600,000 (alone or accompanying Spouse)
  • Have the experience in management in the legal farming, industrial business or in a legal professional business.
  • Show the intention to settle in the province of Quebec and must sign an agreement to invest C$800,000
  1. Entrepreneur Program

To be eligible for this particular program, you must:

  • Have legal net assets of minimum C$300,000
  • Have a minimum of 2 years of experience running a legal business in the last five years from your date of applying.
  • The business such handled must be full-time, including the responsibilities and duties, i.e. planning, management and control of material, financial and human resources.

The other Eligibility Conditions in General

Following factors will be vital while assessing your application.

  • The type and duration of your respective professional training
  • The age of both applicant and spouse, wherever applicable
  • Your language efficiency
  • Personal qualities and knowledge about the province of Quebec

The New Rules Regarding Receipt & Processing of Applications

As per the Immigration guidelines of the Government of Quebec:

  • The new rules regarding the receipt and processing of applications for a Certificat de s√©lection du Qu√©bec are effective from April 1, 2015, to March 31, 2016.¬†
  • These rules pertain to candidates’ applications for economic immigration (permanent workers, investors, entrepreneurs and self-employed workers).

After analyzing the Economic, Government Policies, record of accomplishment and banking system of Canada, etc. only we can determine that Business Investment in Canada shall indeed be a wise step for you. Hence, you explore and apply through one of the above programs to use Canada’s ideal business and work conditions.

How to initiate the process for Business / Investment Visa Program?

If you want to set up your business in Canada, fill up the free assessment form so that Visas Avenue experienced staff can assess your profile details and subsequently help you to apply for the business visa suitable to your needs. Visas Avenue is a prominent Visa Consultancy Services in India, assisting worldwide clients in achieving their immigration goals in a hassle-free and trouble freeway.

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