Business Visa
Business Visa
There are several programs available for international entrepreneurs that want to open their own business in Canada and with that, promote Canada’s economic growth and employment. we will discuss 3 different options: The Start-up Visa program, Provincial Entrepreneurs Programs and Self-Employed program.
Startup Visa Program
Provincial Entrepreneur Programs
Provincial Entrepreneur programs in Canada typically ask for a few key things from applicants. First off, they usually want to see that you’ve got experience in managing businesses at a senior level. They also want to know that you’ve got a decent amount of money and assets, with a minimum requirement usually starting at CAD$100,000. On top of that, you need to show that your business plan is solid and that it’s likely to succeed.
One big requirement is that you commit to hiring at least one Canadian citizen or permanent resident. Also, you will need to demonstrate some proficiency in either English or French, depending on where you’re applying. There are different options available depending on which province you’re interested in, the type of business you want to start and how much money you plan to invest.
Immigrate through Self-Employed Program
To immigrate to Canada through the Self-Employed Program, you’ll need to have experience in cultural or athletic activities. Specifically you should have at least two years of experience within the five years leading up to your application. Additionally you must be prepared to make a substantial contribution to Canada’s cultural or athletic scene.
Similar to the Express Entry system, the Self-Employed Program operates on a points-based system. To qualify you need to score a minimum of 35 points. Various factors are taken into account in this program including:
Age
(Maximum of 10 points)
Education
(Maximum of 25 points)
Experience
(Maximum of 35 points)
Adaptability
(Maximum of 6 points)
Language Proficiency
(Maximum of 24 points)
