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Canada Business Immigration
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Canada Business Immigration
Canada offers business immigration programs for individuals looking to invest in, start, or manage a business while securing permanent residency for their family. These programs support economic growth and job creation in Canada.
Business Immigration Pathways include:
1. Quebec Investor
2. Start Up Visa (SUV)
3. Intra-Company Transfers
Self-Employed Persons Program Provincial Programs
Each pathway has specific eligibility criteria to help skilled individuals successfully establish themselves and contribute to Canada’s economy.
Quebec Immigrant Investor Program (QIIP)
The Quebec Immigrant Investor Program (QIIP) offers a pathway to Canadian permanent residency for individuals looking to invest in Quebec’s thriving economy and vibrant communities.
Eligibility Criteria:
1. Business Experience: A minimum of two years of managerial or business experience within the last five years.
2. Investment Requirement: A non-interest-bearing investment of CAD $1.2 million into a government-guaranteed passive investment for a five-year term.
3. Intent to Reside: Applicants must demonstrate their intention to settle in Quebec.
4. Investment Agreement: Applicants must enter into an agreement with an authorised financial intermediary, such as an investment broker or trust company.
5. Selection Grid: Achieve a qualifying score on the Quebec immigration selection grid.
6. Cultural Integration: Completion of an attestation on Quebec’s democratic values and cultural norms.
This program allows qualified applicants to contribute to the province’s economic development while securing permanent residency for themselves and their immediate family.
The “Start-Up Visa Program” (SUV) in Canada targets entrepreneurs with innovative business ideas. To be eligible, applicants must meet the following criteria:
1. Innovative Business Idea: Propose a unique business that can contribute to Canada’s economy.
2. Support from Designated Organizations: Secure funding or support from a designated Canadian venture capital fund, angel investor group, or business incubator.
3. Language Proficiency: Demonstrate proficiency in English or French through an approved language test (e.g., IELTS, TEF).
4. Financial Requirements: Show sufficient funds to support themselves and their dependents during the business start-up phase.
5. Business Ownership & Management: Own at least 10% of the business and be actively involved in its operations.
6. Location: The business must operate in Canada, outside of Quebec. Once these requirements are met, applicants can apply for Canadian permanent residency, enabling them to grow their business within Canada’s robust economy.
Intra-Company Transfer (ICT) Program – Canada
The Intra-Company Transfer (ICT) program enables multinational companies to temporarily transfer key employees to Canadian branches, subsidiaries, or affiliates without the need for a Labor Market Impact Assessment (LMIA). This program is designed to streamline the process for businesses seeking to bring in top talent for leadership, management, or specialized roles in Canada, supporting global operations and knowledge exchange.
ICT Categories:
1. Executive – Senior executives overseeing the entire company or a significant part of the organisation.
2. Managerial – Managers responsible for directing teams, departments, or business operations.
3. Specialised Knowledge – Employees with unique expertise or proprietary knowledge critical to the company’s success and operations.
Eligibility Requirements:
1. The employee must have been employed by the company for at least one year in the past three years.
2. The employee must hold a managerial, executive, or specialised knowledge position within the company.
3. The employee must intend to work in the same role in Canada.
4. The company must demonstrate its operational presence both in the home country and in Canada.
5. The position in Canada must require the same level of skill and responsibility as the one held in the foreign office. The ICT program offers a fast-track pathway for businesses to expand their talent pool in Canada, supporting innovation, leadership, and organizational growth.
Federal Self-Employed Persons Program (C11) Work Permit
The “C11 Work Permit”, under Canada’s “International Mobility Program (IMP)”, allows entrepreneurs, business owners, and self-employed individuals to establish or manage a business in Canada without the need for a Labor Market Impact Assessment (LMIA). This program is designed for individuals who can demonstrate their business will bring significant benefits to Canada’s economy.
Eligibility Criteria:
1. Business Ownership: The applicant must own at least 51% of the business. If ownership is below 51%, the individual must apply for a standard work permit with an LMIA.
2. Economic Contribution to Canada: The applicant must demonstrate that their business will create significant benefits for Canada. This could include job creation, regional economic development, or advancing Canadian industries through innovative technologies and services.
The “C11 Work Permit” is an ideal option for self-employed individuals looking to make a meaningful contribution to Canada’s economy while operating a business in the country.
