There is immense interest in Canada And US Immigration Programs amongst folks in south Asia. Canada offers a number of opportunities to foreign nationals through its economic immigration programs. These programs are aimed at attracting skilled and talented foreign nationals who are then granted permanent resident status to allow them live and work in Canada. Even entrepreneurs and investors can find their way to permanent residence in Canada through a variety of immigration programs.
Through Business Class Immigration, you have the choice of starting a new or take over an existing business in Canada. A great advantage that accompanies business immigration programs is the option to relocate to Canada with your immediate family. After you spend a duration of time in Canada as a temporary resident, you along with your immediate family, will be eligible to become permanent residents under a relevant program.
Most of these immigration programs are provincial nominee programs (PNPs) offered by various Canadian provinces. Except for the immigration programs by the provincial governments, Canada’s federal government also offers an immigration pathway to business-persons through the Start-up visa program.
Federal Government’s Start-Up Visa Program
Earlier, Canada’s 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 a 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. This is a great program for those who have an innovative business idea and required amount of funds. IMB Immigration Law has helped candidates apply and successfully immigrate under this program.
Provincial Nominee Programs (PNPs)
All Canadian provinces and territories have a provision of supporting permanent residence application of those foreign entrepreneurs/ investors who want to set up a new or buy an existing business in the province/ territory. There is a minimum net worth criteria ranging from $500k to $600k as well as minimum investment criteria ranging from $150k onwards depending on the province. Provincial governments allow investment in certain businesses based on how well it can further the province’s economic interests. Applicants can start new businesses (open a retail store or a manufacturing segment etc.). We can help applicants with selecting the business, business plan making and the immigration paperwork for a work permit and PR application. We can help you find a suitable program for your Canada immigration as an entrepreneur/ investor. An important condition in the PNP pathway is – you must live in the province concerned and operate an eligible business there.
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. A detailed business plan and exploratory visits to Canada (mandatory under a few programs) are important 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. With expert advice from IMB Immigration Law – the Best Immigration Lawyers In NCR and north India, you can start the application process today and secure the coveted status of Canadian permanent resident. India is the largest source of new immigrants to Canada. Take advantage of years of industry experience of Ravneet Kaur Brar who heads IMB Immigration Law. Contact IMB Immigration at info@imbimmigrationlaw.com to get complete information about business immigration programs to Canada and start your application without delay.