This pathway is strictly provincial and there are various programs for foreign entrepreneurs who want to start, acquire or invest in a business in Canada. To qualify for these programs as an entrepreneur, the applicant must have a net worth of at least $500,000 and should be willing and be able to establish, invest in or acquire a business in Canada which will create or maintain employment in Canada.
Most Canadian Provinces offer a Business Immigration Programs under the Provincial Nomination Program category. Individuals with significant ability to contribute to the Canadian economy, promoting economic development and bettering the job market are given the opportunity to immigrate to Canada.
The first step is to choose your visa program. Two of the best options are the Start-up visa program and one of the various Provincial Nominee Entrepreneur programs mentioned above. The Start-up visa usually requires having a letter of support from a designated organization, has language requirements as well as certain financial requirements.
To apply for a start-up visa you will need an investment of between $75,000 and $200,000 from a designated organization. If applying through a provincial entrepreneur program, it will vary depending on the province or territory and immigration stream, ranging from $50,000 to $600,000.
No, not while you are studying as you need to be a Canadian citizen or permanent resident to start a business in Canada. Canada doe, however, has various provincial entrepreneur and graduate start-up programs specific to the province or territory you have studied in and have received your qualification.
The best place to start when considering bringing your business to Canada is to do some market research. You will find great business opportunities for immigrants in the agricultural, accommodation and food services, wholesale and retail, construction as well as professional, scientific, and technical service sectors
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