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Business
Class Imigration
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Business Class Immigration is further divided into 3 main
categories:
A. Investors
The Immigrant Investor Program seeks to attract experienced
persons and capital to Canada. Investors must demonstrate
the following in order to qualify under this program:
Business Experience
-
the management
of a qualifying business and the control of a percentage
of equity of the qualifying business for at least two
years in the period beginning five years before the date
of application for a permanent resident visa and ending
on the day a determination is made in respect of the application,
or
-
the management of
at least five full-time job equivalents per year in a
business for at least two years in the period beginning
five years before the date of application for a permanent
resident visa and ending on the day a determination is
made in respect of the application.
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Net worth of CDN
$800,000 and make an investment of CDN $400,000. Net worth
means the fair market value of all of the assets of the
investor and their spouse or common-law partner minus
the fair market value of all of their liabilities.
B.Enterpreneur
The Entrepreneur Program is designed 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.
"Business experience", in respect of an entrepreneur,
means the management of a qualifying business and the control
of a percentage of equity of the qualifying business for
at least two years in the period beginning five years before
the date of application for a permanent resident visa and
ending on the day a determination is made in respect of
the application.
Conditions
-
the entrepreneur must
control a percentage of the equity of a qualifying Canadian
business equal to or greater than 33 1/3 per cent;
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the entrepreneur must
provide active and ongoing management of the qualifying
Canadian business; and
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the entrepreneur must
create at least one incremental full-time job equivalent
for Canadian citizens or permanent residents, other than
the entrepreneur and their family members.
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The entrepreneur must
meet the conditions for a period of at least one year
within the period of three years after the day on which
the entrepreneur becomes a permanent resident.
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An entrepreneur who becomes
a permanent resident must provide to an officer evidence
of compliance with the conditions within the period of
three years after the day on which the entrepreneur becomes
a permanent resident.
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An entrepreneur must provide
to an officer
- not later than six months after the day on which the
entrepreneur becomes a permanent resident, their residential
address and telephone number; and
- during the period beginning 18 months after and ending
24 months after the day on which the entrepreneur becomes
a permanent resident, evidence of their efforts to comply
with the conditions.
C. Self Employed
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.
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