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Canada is looking for newcomers with the entrepreneurial experience to start, manage or buy a business there. With the new foreign investment, Canada can ensure the continued success of its economy through diversification and development.
While Canada seeks new investors, they are falling behind Australia, which offers several low-cost investor visas.
The Canadian government created them to attract wealthy business people and their capital to Canada. Investors and their immediate families can gain permanent residence in Canada by satisfying the following five government selection criteria:
1. You must demonstrate relevant business experience defined under regulations. You must have previously managed or operated a qualified business for at least two out of five years preceding your application.
2. You and your spouse must have a legally obtained personal net worth of a minimum of CAD 2 million.
3. Your entire family must complete and pass Canada’s medical and security evaluations.
4. You must invest CAD 1.2 million for five years at no interest (0%) under one of the two available immigrant investor programs. The investment is government-guaranteed and will be repaid at the end of the investment period.
5. You will also be assessed on age, language, education, experience, and time spent in Quebec on a points-based system.
There are several ways to become a permanent resident of Canada. The most popular economic programs are:
The selection procedure is similar under both the federal and Quebec programs, with the following distinction: applicants who want to establish themselves economically in the province of Quebec have to obtain a Certificate of Selection for Quebec (CSQ) before applying for permanent residence from the federal Government of Canada. Applicants and their dependents will be assessed on health and security grounds. Holders of a CSQ are required to reside in the province of Quebec.
For more information on our comprehensive service under the Quebec Immigrant Investor Program, we will be delighted to discuss your options further.
Manitoba, a place that the aboriginals have inhabited for thousands of years, is known for its beauty, culture and communities that believe in togetherness. This place is economically strong due to its great Natural resources.
Winnipeg is the capital of this province. Agricultural tourism and other industries are part of the backbone of Manitoba’s economy.
The province’s government has designed the BIS or Business Investor Stream of Manitoba to enable candidates to invest in Manitoba. They have two streams.
High net worth business enthusiasts can invest in Manitoba’s running business or a start-up. They can become part of a business as a partner or purchase the company wholly. This stream has replaced the earlier MPNP-B stream.
However, the intention of MPNP-B is still working through this stream. This stream is still used for nominating and choosing the right candidate to invest in Manitoba.
You must invest a minimum of CAD 250,000 in Manitoba’s Capital region or CAD 150,000 outside Manitoba’s Capital.
You will have to visit the area as part of your Business Research.
Once all the documents are in place and approved, you will have to enter into an agreement known as the Business Performance Agreement. Before obtaining the Provincial nomination.
This pathway is otherwise known as the FIP. You are required to be experienced in farming.
Before proceeding, you will have to do their research in rural Manitoba about farming and its business.
Prince Edward Island’s Investment Immigration program underwent a significant change in 2018. This small province of Canada has developed dynamic programs to aid entrepreneurs in getting nominated through PEI for their Permanent Residency in Canada. Before September 2018, there were a 100% Ownership stream and a Partial ownership stream is now closed. Currently, PEI is recruiting entrepreneurs only from the work permit stream, and only those who have submitted their Expression of Interest to set up business in PEI Province are considered. This program was earlier called the “Business Impact Program”.
Upon landing in Canada, you will have to enter an escrow agreement. During the first two years, you will have to report periodically on the progress of your business. Once all terms and conditions are met, the escrow amount of a minimum of $200,000 will be returned.
The program was designed to ensure economic development in BC
The applicant can apply for this program along with his immediate family (spouse/legal partner and dependent children up to age 18 years of age)
Along with your family, you can propose to bring one other key member of your business to Canada.
Allows the applicant to relocate to a much lesser-known part of BC.
Your business must create local employment.
You must own at least 1/3rd of the business or invest a minimum of CAD 1 million.
If a single applicant, an entrepreneur can invest a minimum of CAD 200,000; if a key member of the business is accompanying, the entrepreneur must invest a minimum of CAD 400,000 as an initial investment.
Having your residential address within 100 km of your business is essential.
Quebec is rich in natural resources. It has the aerospace, information and technology, biotechnology, and pharmaceutical industries that build Quebec’s economy.
While this programme is currently on hold, we thought we would list it due to its popularity when available.
Invites qualified high-net-worth individuals to migrate to its province by investing in the province
Eligibility:
Your investment needs to be maintained for no less than five years in Quebec. At the end of the period, the amount will be returned to the applicant without any interest. There are no hidden costs other than the interest lost on the investment.
There is an option to secure finance for the cost of the investment. Ask us for more details.
