Canada Business Class Immigration | IMB Immigration Law | Ravneet Kaur Brar

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Canada Business Class Immigration IMB
Immigration Law Ravneet Kaur Brar As a
business-person, you can find your way to
permanent residence in Canada through a variety
of immigration programs designed for foreign
nationals who would like to start a new or take
over an existing business in Canada. Ravneet Kaur
Brar  IMB Immigration Law Most of these
immigration programs are provincial nominee
programs (PNPs) offered by various Canadian
provinces. Except for the immigration programs by
the provincial governments, Canadas federal
government also offers an immigration pathway to
business-persons through the Start-up visa
program.
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Eligibility Requirements There are certain
eligibility requirements that a candidate must
meet to be considered for immigration to Canada
as an business person. All these programs have
their distinct eligibility criteria, however,
with common elements. Few of those are Certain
number of years of experience of owning or
managing a business OR a combination of both i.e.
some experience as a manager and some as the
owner Individuals net worth e.g. CAD
400,000 Personal investment requirement
depending on the nature of the proposed business
e.g. 200,000 to 600,000 Certain level of
education e.g. a post-secondary degree Certain
level of Canadian Language Benchmark (CLB) in
English/ French. For this the applicant must take
an approved language test i.e. IELTS
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Some programs may even require the candidates to
meet the minimum/maximum age limit In general,
all programs expect such a business managed by a
foreign national to create employment for
Canadian citizens and permanent residents and
generate income. A business intended to be setup
to earn interest and dividend is not eligible
. Start-Up Visa Program Earlier, Canadas
federal government had a few business immigration
programs, all of which have been discontinued
except for the Start-up visa program. The program
requires an applicant to have business idea for a
qualifying business. The program requires a
candidate to meet the minimum language and
settlement funds benchmark. One unique
requirement of this program is you will need to
secure a letter of support from a designated
organisation.
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This is a great program for those who have an
innovative business idea. ?Provincial Nominee
Programs (PNPs) If the Start-up Visa program is
not suitable for you, you can take the provincial
nominee programs route. All Canadian provinces
and territories have a provision of supporting
permanent residence application of those foreign
entrepreneurs who want to set up a new or buy an
existing  business in the province/ territory.
Every PNP stream for entrepreneurs has its unique
eligibility criteria that usually varies
according to the  economic needs of the province.
For example provincial governments allow
investment in businesses based on the how well it
can further the provinces economic
interests. This means you will need to have
prior information about the businesses a
particular province is targeting before you
decide to start your PNP application. An
important condition in the PNP pathway is you
must live in the province concerned and operate
an eligible business there.
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Application Process Apart from meeting the net
worth and personal investment requirements, you
must also have a business plan that can convince
the authorities concerned that you will be a good
pick. For this purpose, you must submit a
detailed business plan. You are allowed to
undertake exploratory visits to Canada (mandatory
under a few programs) to find suitable business
opportunities. During this course, you can even
secure a temporary work permit that can later
help you become a permanent resident of Canada,
conditional upon you meeting the eligibility
requirements. Contact Ravneet Kaur Brar   IMB
Immigration Law at info_at_imbimmigrationlaw.com to
get more information about Business Immigration
Programs To Canada and start your application
process today. IMB Immigration Law Ravneet
Kaur Brar View all posts by IMB Immigration Law
Ravneet Kaur Brar