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Business Readiness for Canadian Investments

Updated: Oct 11, 2022

Canadian Permanent Residency by Investment

Investment in Canada is the ideal way to secure permanent residency.

The Benefits of Residency by Investment:

Ø Business-friendly environment

Ø Permanent Residency granted - On arrival

Ø No restriction on the purchasing of a property

Ø AAA Rated Economy

Ø Tax effective Investment Laws

Ø Access to free education

Ø Access to Medicare

Ø Fast, easy process to secure your permanent residence

The Canadian Migration Investment programmes are now the fastest growing area of Canadian immigration law as people come to realise residency-by-investment is not just desirable but can also play a part of many effective personal and financial plans.

Canada's Investor Program

It is widely believed that Canada is one of the top 10 easiest countries to start a business in. This is due to the country being extremely rich in natural resources, having an immensely skilled labour force and a stable government. If you would like to immigrate to Canada as an Entrepreneur or Investor, you have several Entrepreneur and Investor Visa options available to you, including the general Start-up Visa Program and the provincial-specific Nominee Program. If you are successful with your application, you and your family can move to Canada together.

Start Up

Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:

Ø Are innovative

Ø Can create jobs for Canadians

Ø Can compete on a global scale

You and your business will have to meet a set of requirements in order to be successful with your application.

Who Can Apply?

To be eligible for the Start-up Visa Program, you must:

Ø Have a qualifying business

Ø Get a letter of support from a designated organization

Ø Meet the language requirements

Ø Bring enough money to settle

Business Requirements (Have a qualifying business)

At the time you get a commitment from a designated organization:

Ø All applicants (up to 5 people can apply as owners) must each hold at least 10% of the voting rights attached to all outstanding shares of the business; and

Ø together with the designated organization, they must hold more than 50% of the voting rights attached to all outstanding shares of the business.

At the time you receive your permanent residence, you must make sure that:

Ø you play an active role in the ongoing management of your business while living in Canada;

Ø the essential operations of the business must partly take place in Canada; and

Ø your business is incorporated in Canada.

You must secure a minimum investment if the investment comes from a designated Canadian venture capital fund and/or a minimum investment if the investment comes from a designated Canadian angel investor group. If you are accepted into a Canadian business incubator program, you don't need to secure any investment in your new business.

Letter of Support

You must get a letter of support from a designated organization that proves they are willing to invest in and support your start-up.

You’ll need to:

Ø contact the designated organization to find out how to get its support

Ø convince the organization that you have a business idea that is worth supporting

Ø get a letter of support from the designated organization

These organizations include:

Ø Venture Capital Fund,

Ø Angel Investor Group, or

Ø Business Incubator

Meet the language requirements

The ability to communicate and work in English, French or both languages will help your business succeed in Canada. You must score a minimum of Canadian Language Benchmark level 5 in speaking, reading, listening and writing in either English or French.

Bring enough money to settle

The Government of Canada does not give financial support to new start-up visa immigrants. You will have to be able to prove that you have enough money to settle you and your family in Canada.

Disclaimer - Advisory Channels are NOT IMMIGRATION consultants/ ATTORNEYS. We are an Advisory Firm providing business advisory only.

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