Do Business in Canada
Canadian small and medium enterprises produce almost half of the total gross domestic product
Canadian small and medium enterprises produce almost half of the total gross domestic product
Experience in owning a business or in senior management
Ready to invest at least a minimum of CAD $500,000
Ready to implement your business plan within a certain period in Canada
Canada is a highly developed country and with its 1.7 trillion dollar GDP ranks number 10 globally, translating into approximately 48,000.0 dollars of GDP per capita. This means the propensity to buy is quite high for Canadian consumers. The Canadian economy grew 3.1% in 2017, proving it stood the global oil price shocks quite solidly. This growth has been quite attractive for many investors and businessmen across the world.
Canada is highly interested in attracting entrepreneurs and business persons with the idea that it will create jobs and employment for the investors themselves and the Canadians alike, therefore contributing to the growth and competitiveness of the Canadian economy. Thus, there are many Canadian business immigration programs that allow persons with business acumen to establish their business/enterprise in Canada, giving these people an opportunity to become a Canadian.
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Business investment programs are accepting applications throughout a year. The process generally starts with expressing to the government about your interest in doing business in Canada. Only provincial governments accept such applications of interest. Each province has its own priorities and requirements related to the business investment immigration streams. However, most of these programs follow approximately the same process.
During the application process, the provincial governments review your net worth, your possible investment amount, your experience in doing business or in management, your suggested business location and business plan, as well as your ability to create jobs in Canada in the future. However, these are not exhaustive factors.
Selected candidates are invited to an interview with the provincial immigration programs management office. Passing this stage means you will have to commit to specific performance requirements that will be set to your business and to you individually. Among these performance requirements are major business establishment milestones and achievements, the number of new jobs created and so on.
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You will be issued a work permit so that you can arrive in Canada to launch your business or purchase an existing one. You will have almost 20 months after your arrival to implement your business plans in order to meet the performance requirements set by provincial governments.
After a successful review of your achievement and the delivery of performance requirements, the process of issuing your permanent residence begins.
We, at Moirai Reach Immigration Consulting, understand that as a businessman and/or as an investor you want to focus on doing business, leaving all the paperwork and underlying legal issues to professionals. Our services are flexible and are tailored to you needs. Book an appointment today to discuss your options and to learn more about how we can help you.
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