CANADA

Business Plan Immigration

Canada is considered one of the best countries in the world to launch a business. With low taxes, easy access to the American and Pacific Rim markets, cutting edge innovation and low business start up costs, Canada is gaining traction as the place to launch new ventures.

Several Canadian provinces have their own business immigration program. Sterling Immigration can advise you about each program so that you can make an informed decision about where to invest.

Key Features

Some of the key features of the Canadian Business Visa include:

  • Low minimum net worth requirement of CAD$350,000, 

  • Low minimum investment of CAD$150,000,

  • A minimum of two years’ previous business ownership or senior management experience.

  • Secure Canadian permanent residence in as little as 12 months.

Canadian Business Visa Requirements

To qualify for a Canadian Business Visa you must make an investment in an eligible business. Lists of ineligible businesses are updated regularly. If a particular location is saturated with similar businesses then your application will not succeed.  

You may establish your own business. If you do you must show that your business will create a certain number of jobs for Canadian citizens or permanent residents according to the proposed business location.  

You may also take over or invest in an existing business.  If you are taking over a live business you must maintain existing jobs. If you are investing in an existing business as a partner, your ownership share must be at least 33%of an eligible business.

You must prove that you will actively manage your proposed business and must live within a certain radius of the business location. You must satisfy the Canadian immigration authorities that your investment is not a passive one.  

Your total net worth, business plan, investment, business location, previous experience, language ability and education will all be assessed before the Canadian authorities make a decision. 

Before your immigrant visa is issued, you are required to sign a statement that you intend and will be able to meet the conditions of visa at certain agreed milestones.

Owner Operators

If you are investing in a Canadian business which is not related to an existing business overseas, you may consider either an LMIA-exempt entrepreneur work permit or an LMIA-based work permit for owner operators. It is important to determine what percentage of ownership of the Canadian company the foreign national does or will own.

Majority ownership in a Canadian company (50% or more) – the person may qualify for a “significant benefit” work permit. NO LMIA is required but a certificate of exemption should be sought prior to filing a work permit application.

Minority ownership in a Canadian company (less than 50%) – the person may qualify for an LMIA-based work permit.  No advertising would be required, and the foreign national would need to demonstrate that an employer-employee relationship exists, even though they own a part of the business.

 

immigration canada

Manitoba PNP Business Program is targeted for the investors who wish to invest into a new or existing business and assume an active managerial role in that business and intend to reside in Manitoba with their dependent family members. 

We have extensive experiences in successful filling MPNP-B for our clients.  Let us guide you through the complicated Canadian immigration processes and to make your Canadian immigration dream come true.  

Prince Edward Island PNP Business Program is targeted for the investors who wish to invest into a new or existing business and assume an active managerial role in that business and intend to reside in Prince Edward Island with their dependent family members.  

 

We have extensive experiences in successful filling PEI PNP-B for our clients.  Let us guide you through the complicated Canadian immigration processes and to make your Canadian immigration dream come true.   

The Entrepreneurial Stream was developed for experienced business owners and senior managers who wish to become permanent residents by owning a business in New Brunswick (NB) and managing it, while residing in the Province.

 

We have extensive experiences in successful filling NBPNP-B for our clients.  Let us guide you through the complicated Canadian immigration processes and to make your Canadian immigration dream come true.   

The Entrepreneurial Stream was developed for experienced business owners and senior managers who wish to become permanent residents by owning a business in Nova Scotia (NS) and managing it, while residing in the Province.

 

We have extensive experiences in successful filling NS PNP-B for our clients.  Let us guide you through the complicated Canadian immigration processes and to make your Canadian immigration dream come true.   

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Quebec Investor Visa

The Quebec Investor Visa is one of the most popular passive investor visas in the world. It is administered and guaranteed by the government of Quebec, Canada’s largest province and has been in operation since 1986.

 

Even though this is a passive investor program, the Quebec Government seeks applicants with previous business ownership or senior managerial experience.  

 

With the Quebec Investor Program, your capital is invested in a five-year, zero-interest, government-guaranteed Quebec term note that supports Quebec-based businesses, creating jobs and fostering economic growth. 

At the end of 5 years, your full capital is returned and you enjoy the satisfaction of having made an important contribution to the economy of your new country and the well-being of your new fellow citizens.

 

Requirements

 

To qualify for Quebec Investor Visa, interest applicants must:

  • Have a minimum net worth of CAD$2,000,000 that was obtained legally

  • Make a CAD$1,200,000 investment for 5 years with zero interest but fully refundable or choose the financing option through designated securities brokerages with a down payment of CAD$350,000

  • Have at least 2 years of senior managerial or business ownership experience in the past 5 years

  • Application collection period from 10th September 2018 to 15th March 2019​

Program Benefits:
  • Requirements for age, education and English level are very flexible.

  • An applicant does not need to establish a business in Canada.

  • Investors in the program will receive a permanent resident visa from the Government of Canada.

  • Your spouse and children under 19 years of age can accompany you to Canada as permanent residents. 

Note that the Canadian Charter of Rights and Freedoms guarantees mobility rights, or free movement within Canada: “Every citizen of Canada and every person who has the status of a permanent resident of Canada has the right to move to and take up residence in any province and to pursue the gaining of a livelihood in any province.”

 

For more information please contact the team at Sterling Immigration Hong Kong

 
 
 

Manitoba PNP Business Program (MPNP-B)

 

To qualify for the Manitoba PNP Business Program (MPNP-B), interested applicants must:

 

  • Age between 25 to 49 with ranking points are allocated

  • Have a minimum verifiable personal net worth of CAD$500,000

  • Make an investment of at least CAD$150,000 if a business is situated outside of Manitoba Capital Region OR investment of at least CAD$250,000 for business situated in the Manitoba Capital Region

  • Have minimum 3 years of a business ownership (minimum 33.33% ownership) and management experience OR a senior management experience of a successful business in the last 5 years

  • Have a minimum Canadian high school certificate equivalent

  • Have scored a minimum band score of 5.0 on the IELTS within the last 2 years    

  • A business research visit is required

  • Provide active and on-going management of business in Manitoba

PRINCE EDWARD ISLAND PNP Business Program (PEI PNP-B)

 

To qualify for the Prince Edward Island PNP Business Program, interested applicants must:

 

  • Be within 21-59 years of age at the time of application

  • Possess a minimum verifiable personal net worth of CAD$600,000 which has been accumulated through legal and legitimate sources

  • Make a minimum CAD$150,000 investment into a new or existing Prince Edward Island owned and operated business

  • Sign an escrow agreement containing stipulations on a deposit of CAD$200,000 to be held by the Province until the terms of the agreement have been met

  • Possess a minimum education of high-school equivalent

  • Have scored a minimum band score 4.0 on the IELTS within the last 2 years

  • Have transferable management skills and past employment

  • Provide active and on-going management of the business in Prince Edward Island

New Brunswick Entrepreneurial Stream - NBPNP 

 

To qualify for the NBPNP Business Program, interested applicants must:

 

  • Age between 22 to 55

  • Have a verifiable personal new worth of at least CAD$600,000 of which CAD$300,000 must be liquid and unencumbered funds

  • Be able to invest at least CAD$250,000 of your own funds to establish a business or buy the existing business in New Brunswick

  • Have at least 3 years out of 5 years of experience in managing and owning a business (of at least 33.33%) OR have 5 out of the last 5 years of experience in a senior business management role

  • You have completed a minimum of 2 years of full-time post-secondary education after high school

  • Have scored a minimum band score of 5.0 on the IELTS in English OR NCLC 5.0 in French within the last 2 years

  • Provide active and on-going management of business in New Brunswick

Nova Scotia PNP Business Program (NS PNP-B)

The Entrepreneur Stream is for experienced business owners or senior business managers who want to live in Nova Scotia.  They must start a new business or buy an existing business and must actively participate in the day-to-day management of the business.  After operating the business as short as a year, the entrepreneur may quality to be nominated for permanent resident. 

 

Requirements:

 

  • Age 21 or above

  • Have a new worth of at least CAD$600,000 

  • Agree to invest at least CAD$150,000 to establish a business in Nova Scotia

  • Have at least 3 years experiences actively managing and owning a business (33.33% ownership minimum) OR more than 5 years experiences in a senior business management role in the last 10 years

  • Have a minimum of Canadian high school diploma equivalent 

  • Have scored a minimum band score 5.0 on the IELTS within the last 2 years

  • Provide active and on-going management of business in Nova Scotia

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