ENTREPRENEUR IMMIGRATION

The Economic Class is comprised of two streams:

- Skilled Workers

- Business Immigrants

Members of the business immigrant class include Entrepreneurs, Investors and the Self-employed respectively.

 

The Entrepreneur Program seeks to attract experienced businesspersons who will own and actively manage businesses in Canada that will contribute to the economy and create jobs. Entrepreneurs and their dependants are admitted to Canada under specific conditions that are subsequently monitored by Citizenship and Immigration Canada (CIC) after landing.

 

Requirements:

1. Their equity in the business must be greater than one third (33.3%)

2. They must be actively engaged in the management and operation of the business

3. They must create at least one full-time job for a Canadian citizen/Permanent Resident ( can not be filled by a member of their family)

 

In addition, within the three years following their arrival in Canada, entrepreneurs must demonstrate that they have met all of the outlined conditions. Once that is demonstrated to the CIC officials, removal of conditions can be granted.

The Applicant must also show that he/she has all of the following:

1. has business experience

2.  has a legally obtained net worth of at least $300,000 (Canadian)

3. is able to provide a written statement verifying that he/she will be in position to meet all of the three requirements outlined above

 

 

Disclaimer

These facts are only an overview. Please contact us for a free and confidential assessment.