Business Class immigrants are people who can invest in, or
start businesses in Canada and are expected to support the development of a
strong and prosperous Canadian economy. The Business Immigration Program
seeks to attract people experienced in business to Canada.
Business immigrants are selected based on their ability to
become economically established in Canada.
There are three classes of Business Immigrants:
The Immigrant Investor Program seeks to attract
experienced persons and capital to Canada. Investors must demonstrate
business experience, a minimum net worth of CDN $800,000 and make an
investment of CDN $400,000. This investment is placed with the Receiver
General of Canada.
Participating provinces then use your investment to create
jobs and help their economies grow. Citizenship and Immigration Canada
(CIC) will return your investment to you, without interest, in
approximately five years.
The Entrepreneur Program seeks to attract experienced
persons that will own and actively manage businesses in Canada that will
contribute to the economy and create jobs. Entrepreneurs must demonstrate
business experience, a minimum net worth of CDN $300,000 and are subject
to conditions upon arrival in Canada.
When you immigrate to Canada as an entrepreneur, you must
have the intention and the ability to control a percentage of equity of a
qualifying Canadian business. You must provide active and ongoing
management of the qualifying Canadian business. Your business must create
at least one new full-time job for a Canadian citizen or permanent
resident. You must meet these requirements within three years of
becoming a permanent resident.
Before your immigrant visa is issued, your are required to
sign a statement that you intend and will be able to meet the conditions
of permanent residence.
As a self-employed person, you must have relevant
experience in cultural activities, athletics or farm management. You must
also have the intention and ability to establish a business that will, at
a minimum, create an employment opportunity for yourself. You must make a
significant contribution to cultural activities or athletics or purchase
and manage a farm in Canada.
Conditions of permanent residence are not imposed on
self-employed persons. You must have enough money to support yourself and
your family members after you arrive in Canada.