Golden Visa In Canada
Funny, I never read about anything cool about Canada even in my geography books. In fact, I had no idea that there was even something like Canadian immigration (just as others have no idea aside from the well-known Australia immigration program). But last weekend, some friends and I were watching a travel documentary on the History Channel, where I learned that there is something called ‘Golden Visa in Canada’.Are you looking for a second citizenship in Europe? Or maybe even a third or fourth one? Golden Visa schemes can give you all that. They are also called ‘Investor Citizenship’ or “Citizenship-by Investment” programs in the pass two decades.
Taking a study trip is an expensive journey and an important decision. And this is often why people choose Golden Visa in Canada program as a part of their educational careers. But sometimes they miss the golden opportunity to visit Canada while they are studying without having a residence visa.A Canadian immigration lawyer is authorized to issue immigration and visa services for Canada. This is because Immigration Consultant is the professional and most suitable title for immigration law attorney who can cater all your needs related to immigration laws from application to licence, getting advice on any immigration subject and help you through the whole immigration process with ease that you feel completely at home.
Golden Visa In Canada
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 invest in your future and immigrate to Canada with your business venture, 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 business immigration application, you and your family can move to Canada together. DISCOVER MY BUSINESS VISA OPTIONS
Canada is on the lookout for newcomers who have the entrepreneurial experience, the talent, and the innovation to start, manage, or buy a business in the country. With new foreign investments, Canada can ensure the continued success of its economy through diversification and development. Let’s take a close look at the several Entrepreneur and Investor Visa options available for those who want to immigrate to Canada.
Start-up Visa Program
The Start-up Visa Program is a general Business Immigration or “Investor” Visa option that allows you to immigrate to Canada by starting a business anywhere in the country. You and your business will have to meet a set of requirements in order to be successful with your application. In general, your business must be innovative, create jobs for Canadians, and be able to compete internationally. While you wait for your application’s approval, you can also apply for a temporary work permit to keep you busy in Canada.
| Start-up Visa Program Requirements | |
|---|---|
| Business requirements | Once a designated organization commits to your business: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; andtogether with the designated organization, they must hold more than 50% of the voting rights attached to all outstanding shares of the business.Once you receive permanent residence, you must make sure that:you play an active role in the ongoing management of your business while living in Canada;the essential operations of the business must partly take place in Canada; andyour business is incorporated in Canada. |
| 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. These organizations include:Venture Capital Firms ($200,000 investment);Angel Investor Groups ($75,000 investment); andBusiness Incubators. |
| Language requirements | You must score a minimum of Canadian Language Benchmark level 5 in speaking, reading, listening, and writing in either English or French. |
| Settlement money | Because the Canadian government doesn’t give financial support to this “investor” visa, you will have to be able to prove that you have enough money to settle yourself and your family in Canada. |
Provincial Nominee Program Entrepreneur and Investor Visa Options
The Provincial Nominee Program (PNP) gives every province and territory of Canada the power to invite applicants to come and live within their borders if they have the right skills and work experience. Most of the PNPs have at least one entrepreneur or investor visa category dedicated to people who want to who would like to expand or start their business in Canada. Want to know more about each province’s requirements? Check out our table below.
| Where do you want to start your business? | ||
|---|---|---|
| Alberta | British Columbia | Manitoba |
| New Brunswick | Nova Scotia | Northwest Territories |
| Newfoundland and Labrador | Ontario | Prince Edward Island |
| Saskatchewan | Yukon |
Alberta
Alberta is a great place to start a business. Though it is home to the world’s 3rd most liveable city, Calgary, Alberta’s farmlands are where your investment options truly lie. The province is Canada’s second-largest agricultural producer and its diverse landscapes make the land perfect for crop production, livestock production, and much more. Currently, there is only one Investment Visa option available in Alberta – the Self Employed Farmer Stream.
Alberta Self Employed Farmer Stream
British Columbia
British Columbia has one of Canada’s most flexible, diverse, and competitive economies, making it a prime destination for your new or expanded business. The province’s capital, Vancouver is conveniently located to assist with global trade routes including the U.S., Asia, and Mexico. Businesses are also heavily supported by our fiscally responsible government, making it easier and cheaper to start a business in our province. Lastly, British Columbia is rich in business resources, including a well-educated workforce of over 2,4 million.
British Columbia currently has two Investor Visa options, the provincial nominee Entrepreneur Immigration Stream and the Regional Pilot Program. Both options have a unique set of criteria you will have to meet in order to start a business in Canada. Check them out below.
British Columbia Entrepreneur Immigration
British Columbia – Regional Pilot
Manitoba
Not too big and not too small sums up Manitoba quite accurately. If you are looking to start your business in smaller, welcoming communities, this is the province for you. Manitoba is a land of natural beauty filled with safe, clean, and friendly towns. The capital city, Winnipeg, is becoming known throughout the world for its strong economy, low cost of living, and opportunities for quality careers.
The cost of living in Manitoba is so low that 76% of immigrants become homeowners within the first five years of living in the province. This is surely one of many reasons why 95% of them permanently settle in Manitoba after immigrating to Canada.
The ever-popular Business Investor Stream currently has two investor visa pathways, the Entrepreneur Pathway, and the Farm Investor Pathway. Learn what you need to know to start your business in Manitoba below.
Manitoba Entrepreneur Pathway
Manitoba Farm Investor Pathway
New Brunswick
New Brunswick provides a backdrop of lush forests, clear lakes, majestic mountain ranges, and beautiful beaches to your new business. The world may know the province for the Bay of Fundy which has the world’s highest tides, but what many of us do not know is that New Brunswick has some of the best business opportunities in all of Canada.
A skilled labour force awaits your business in New Brunswick. The province has the highest graduation rate and the fastest internet in the country making it a prime spot for productivity. New businesses flourish in the province due to having the lowest operating costs in Canada and the U.S. For this reason, and many others, New Brunswick’s capital city, Fredericton, won the startup community of the year in 2016.
To start your business in New Brunswick, you will have to meet the requirements for either the Entrepreneurial Stream or the Post-Graduate Entrepreneurial Stream.
New Brunswick Entrepreneurial Stream
New Brunswick Post-Graduate Entrepreneurial Stream
Nova Scotia
It is important to keep sight of the important things in life like family when you plan your new business in Canada. For the ultimate balance between work, family, and relaxation, look no further than Nova Scotia. As one of Canada’s Atlantic provinces, Nova Scotia is in great need of innovative newcomers to start businesses in the province.
Nova Scotia has an abundance of natural resources which has created lucrative industries in agriculture, fishing, mining, forestry, and natural gas extraction. With so many resources at your disposal and a low cost of living, your business in the province will surely succeed. There are currently two Entrepreneur Visa options available in Nova Scotia.
Nova Scotia Entrepreneur
Nova Scotia International Graduate
Northwest Territories
Did you know the Northwest Territories is the world’s third-largest producer of diamonds? Way up north in Canada you will find this secret-filled territory famous for its aurora borealis sightings. Not only is this territory a marvel of nature but it’s also a prime spot for business. In the last few years, we have seen growth and success in the sectors of Agriculture, Fishery, and Manufacturing and with one of the lowest business tax rates and fastest-growing GDP’s in Canada, we will surely see continued success.
The Northwest Territories is home to an eager and well-trained workforce, in fact, the territory has the lowest unemployment rate in all of Canada. The government here recognizes the importance of business investment and has since created several incentive programs for business and investment.
If you want to start your business in Northwest Territories, you will need to qualify for the Business Stream.