Updated: Oct 11
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.
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.