Who Qualifies for a Canada Business Visa?
Canada offers tremendous opportunities to foreigners who want to do business in Canada. Every year, thousands of ambitious businesspeople grace our shores and there is certainly no reason why you can not be among them
The objective of the Business Immigration Program is to encourage investment and employment in Canada through the migration of people who have the ability to successfully establish or invest in a business in Canada.
Main Categories to Business Visas in Canada
Individuals with business/managerial experience and relatively high net-worth may apply for a Canadian permanent residence under the Canada Business Immigration Program in one of the following three sub-categories:
- Self Employed Persons
Immigrant Investor Program
Canada considers foreign investors to be an important contributor to the Canadian economy, and this immigration stream allows for both the investor and their family to obtain permanent residence in Canada.
Requirements for Investors
To qualify for the Immigrant Investor Program, applicants must:
- Have successfully operated, controlled or directed a business
- Have accumulated through his or her own endeavors a net worth of at least $1,600,000
- Invest $800,000 for five years with the Department of Citizenship and Immigration Canada which acts as an agent on behalf of provincial and territorial investment funds.
(Note: Your $800,000 can be financed so that you could invest, say, $200,000 of your own capital)