Canada is one of the top 10 countries in the world to start a business from scratch. It offers an immensely skilled labour force and friendly business policies by the government. If you are one of those rare candidates with experience, skill and net worth to invest in Canada, you might be eligible for one of the immigrant investor's programs. Under the investor immigrant programs, applicants can get fast-tracked investor visas which will help the individuals as well as the development of the country’s economy.
Canada offers Entrepreneur and Investor Visa options for foreign nationals. They are:
It is a general and straightforward Investor Visa option for foreign nationals to immigrate to Canada to start a business at any place in the country. Before setting up the business and coming to Canada, the individual and the proposed business should meet the requirements. Additionally, the business should be able to create jobs for Canadians; it must be innovative and compete globally with international companies. Till the time the application gets approved, the individual is also eligible to apply for a temporary work permit. The application is evaluated on specific requirements like Business requirements, letter of support, language requirements and settlement of money. Each provision is again sub-divided based on necessary measures. For example, in language requirements criteria, an individual must score a minimum of level 5 in Canadian Language Benchmark in speaking, reading, listening and writing in either English or French.
Under this program, individuals can obtain Canadian permanent residence by investing CAD 1.2 million through a risk-free approved financial intermediary or by financing the initial investment. Following are the qualifications needed to apply under QIIP:
The Provincial Nominee Program is a unique initiative where every province and territory of Canada an option to invite applicants to come and live in their region, provided the individuals possess the right skills and previous work experience.