Canada’s Start-Up Visa Program is for entrepreneurs who can start a long-lasting business that will offer employment for Canadians and benefit the economy. Many entrepreneurs favor this program because it doesn’t require an initial investment. In addition to this, an applicant’s permanent resident status won’t be revoked if the business fails.
The Self-Employed Visa Program is for candidates who possess self-employment experience in the athletics or arts fields. This program is attractive because it doesn’t have a minimum net worth requirement. Candidates must demonstrate that they possess the skills to be self-employed in Canada.
Centa Migration can assist prospective business owners and entrepreneurs with the Canada Business Immigration process in the following ways:
You can obtain permanent resident status after buying a business in Canada. This requires candidates to first come to Canada on a temporary work visa and identify a business to purchase. They must then complete a Labour Market Impact Assessment (LMIA) and submit a suitable business plan.
Once they receive an LMIA, the candidate can apply for permanent residence under the Express Entry or one of the Provincial Nominee Programs.
Canada does not currently offer any routes for Canadian citizenship by investment. However, business owners, entrepreneurs, and investors can eventually become Canadian citizens by first investing in Canadian businesses and obtaining permanent resident status.
It all starts with a one-on-one consultation with a Canadian immigration expert.
