Business

Canadian Business Immigration Program

The Canadian Business Immigration Program designed to help promote and develop Canada’s economy by attracting entrepreneurs, the self-employed, businesspersons and investors. We process applications for the following business streams:

Start Up Visa Program:

Start up visa (SUV) program provides resources and business support to immigrant entrepreneurs to grow their companies in Canada. Successful applicants connect with Canadian designated organizations that provide them funding, guidance and expertise in opening and operating their business in Canada.

Unlike other Canadian business streams, SUV focuses on a support mechanism provided by Canadian designated organizations that have years of experience in helping new businesses grow in Canada.

SUV is run by the federal government and those accepted can live anywhere in Canada. Candidates can initially come to Canada on a work permit supported by their designated organization before qualifying for permanent residence once their business is up and running.

There are three types of private-sector investor:

1. Angel investor.
2. Venture capital fund.
3. Business incubator.

Owner Operator LMIA: This program is designed to bring entrepreneurs on a work permit so that they can set up and run their business. At the same time they can apply for their permanent residence along with their families. Here is a brief of the requirement:

• • Minimum 51% ownership of a business
  • Jobs for Canadians must be created
  • Investment commitment should be at least C$250,000
  • No Net Worth Requirement, no Source of Funds requirement
  • No advertising
  • Live anywhere in Canada (except Quebec)

Intra Company Transferee (ICT): This program is designed to bring executives and managers of an off-shore company on work permit so that they can open up a business in Canada, e.g. a subsidiary or a branch. Here is a brief of the requirement:

• No minimum investment
• Off-shore company and Canadian company must be in an ownership and control relationship
• Off-shore company must be able to afford setting up and supporting the company in Canada
• Off-shore Company must stay in business
• Additional key employees can also be transferred to Canada
• After 12 months on Work Permit, 200 points for Express Entry if business is big enough
• No LMIA required
• Live anywhere in Canada

Treaty Investors: This program is designed to bring investors from the following countries, including All European countries, including UK; US, Mexico, Chile, Peru, Colombia, Panama, Viet Nam, South Korea, Japan, Australia, New Zealand. A summary of the requirements:

• • No LMIA required
  • No Company outside if Canada required
  • Minimum investment of at least C$250,000
  • Must show source of funds
  • Can bring additional persons to work in the business who do not have to be current employees
  • After 12 months on Work Permit, 200 points for Express Entry if business is big enough
  • Live anywhere in Canada

Self-Employed Program: This program is designed for people who are capable of creating their own employment, by contributing to the economic growth of Canada. People with sufficient funds and relevant work experience can apply for the Self-Employed Program. The self-employed applicant must demonstrate the intention and ability to establish a business that will create employment for himself and that will make a significant contribution to the Canadian economy. Here is a summary of the requirement:

Minimum two years’ relevant experience within five years of applying in one of the following:

• Cultural activities
• Athletics
• Purchase and management of a farm

Provincial business program: There are many provincial programs available for those entrepreneurs and investors who would like to be established in the province. Each province has its own requirements.

Wonder how exactly we help you through the aforesaid program? Here is a breakdown of our services explained in general terms:

Our work will involve the following steps:

1. Help with business incubation or business selection:  We work extensively with industry acclaimed designated entities in the Canadian start-up ecosystem.  We provide a range of hands-on business advisory services to help intending entrepreneur immigrants and their start-up business concept meet all industry requirements. In addition, we have teamed up with business advisers and managers and will help you select the kind of business that best suits you. It means you would be provided with available and new business opportunities that not only help you become a permanent resident but a leading and successful business person in Canada. We understand that investments made into a business does not always lead to success. Therefore, our team of financial advisers and business managers will ensure that you choose the right type of business. Taking calculated risk comes with understanding about the business and having a detailed, well thought and well written business plan to project about the way the business would go in the future.
2. Process visa/work permit applications for exploratory visits and work in Canada: Exploratory visits are important part of business stream. We will help you visit Canada and explore the province that you’d be setting up your business in. We will also help you with your business registration and business incorporation etc.
3. Process permanent residence applications: Depending on the federal or provincial program that you have chosen we will help you with your application for either federal or provincial governments. Once the approval is issued we will ensure that your application for permanent residency is submitted on time so that you become permanent of Canada a long with your family.

For any questions please contact us. A licensed Immigration Consultant will provide you with a consultation and give you a step by step information about this program. We will also answer any questions you may have.