Business Person & Investors
There are number of programs offered by government of Canada for the people with high net worth who wish to see their investments pay off, and for those interested in helping the development of the Canadian economy. These Business Investors Programs are aimed at bringing in new investments that will bring employment opportunities for Canadian citizens and Permanent Residents. This category contains the programs like the Federal Investor Program, the Federal Entrepreneur Program, the Federal Self-Employed Program, the Quebec Investor Program, the Quebec Entrepreneur Program, the Quebec Self-Employed Program, and various Provincial Nominee Programs for self-employed or investor and entrepreneur person.
These programs have been a stepping stone for business persons or investors to invest and earn along with getting the Canadian Permanent Residency and consequently Canadian Citizenship. RedBird Immigration is here to help you at every step of the process in achieving your immigration goals. Contact us today to start the process to meet your immigration needs in a cost-effective way!
There are a few requirements which have to be fulfilled in order to be eligible under this program. They are as follows:
- The applicant must be able to present a proof that the business that they are going to start is supported by a designated organization.
- The applicant must meet the language requirements, having efficiency in either French or English.
- The applicant must be able to show that the business meets the entire requirement for the ownership decisions.
- The applicant must be able to absolutely ensure that they have sufficient funds to be able to support their stay in Canada.
If the applicant meets all the requirements, they become eligible to be able to immigrate to Canada under this program. They will be able to cash in their innovative ideas and also build up their entrepreneurial spirits. Their endeavors will be sponsored by the financial institutions that invest in the Canadian economy. It is also an excellent option to start on the journey towards the Permanent Residency of Canada. As a Permanent Resident, the immigrants will be able to exercise all the rights as the Canadian citizen, except the right to join the military or vote for a representative.
There is a special program under the Canadian immigration, which invites the people, and it is known as the Federal Investor Program. However, to be eligible under this program, there are certain requirements that the people have to fulfill. They are as follows:
- The investor or the applicant must have a total net worth of at least CAD 1,600,000 at the time of application.
- The investor or the applicant must ensure that a minimum investment of CAD 800,000 is made to the Canadian Government.
- The investor or the applicant must have a minimum business experience of 2 years at the time of application.
- The investor or the applicant must meet the minimum settlement fund cut-off to be able to support themselves and their family during the course of their business in Canada.
- The investor or the applicant, and all the sponsored individuals along with him or her, should pass the medical and security checks that are mandated by the Government of Canada.
If any investor or candidate meets all of the above requirements, they become eligible for entry into Canada under the Federal Investor Program. The experience that they gain counts in the work experience that they gain for the Permanent Residency of Canada. Each of the Permanent Resident has the same benefits as the Canadians except for the joining of the military or the right to vote.
The Government of Canada offers a program for the people who wish to start and run their business in the country. These businesses can be either at a small scale or a large one. Unlike the Federal Investor Program, this program is not for the passive investment but for the long term businesses that will prove to be viable to the country’s economy in the future. This program aims at inviting the high net worth individuals to the country and allowing them to take part in the day-to-day operations of the business that they start in Canada.
Like any other program for the immigration to Canada, the Federal Entrepreneur Program is also subject to some requirements which the candidate needs to fulfill in order to be eligible under this program. They are as follows:
- The applicant must have a net worth of at least CAD 300,000.
- The applicant must have at least two years of business experience to be considered as an eligible applicant under this program.
- The applicant must prove that he can start and manage a qualifying business for at least one year within three years of arriving in Canada.
- The applicant must be responsible for creating at least one full time job for a Canadian Citizen or a holder of the Permanent Residency.
- The applicant and any of the individuals that they sponsor must have passed all the medical and security checks that are mandatory for the entry to Canada.
If any investor or candidate meets all of the above requirements, they become eligible for entry into Canada under the Federal Investor Program. The experience that they gain counts in the work experience that they gain for the Permanent Residency of Canada. Each of the Permanent Resident has the same benefits as the Canadians except for the joining of the military or the right to vote.
There are many unique talents present in the world which require a more cultural or athletic inclination. While the unique abilities that are possessed by such individuals, there are multiple benefits to the country that they live in or represent. There is an enrichment of the overall culture of the country and there is a monetary benefit as well. These candidates are able to immigrate to Canada under the Federal Self-Employed Program. This allows the culturally inclined people to work and explore their talents in a self-employed manner. The people who wish to buy and oversee the daily ongoing of a farm, since the individuals who can operate the farm and the farming equipment also possess special skills that are not possessed by the common people.
There are certain requirements which the candidate must fulfill in order to be eligible under the Federal Self-Employed Program. They are as follows:
- The applicant must prove that he or she has an intention to become self-employed upon their arrival and settlement in Canada.
- The applicant must be able to prove that they have previously participated in their area of specialty at an event that is held at the world-class level, or have prior experience at managing the daily running of a farm.
- The applicant must have at least two years of experience.
- The applicant must be able to show that they possess the language ability in either French or English.
- The applicant must have passed the medical and security checks that is mandated by the Government of Canada.
The applicants who satisfy all the above requirements become eligible under the Federal Self-Employed Program and can become eligible for the Permanent Residency of Canada. After living for a period of three years out of four years in Canada, the Permanent Residents also become eligible for the application of the Canadian Citizenship.
Even though the Federal Government of Canada has the sole right over the immigration to Canada, there is an option for the different provinces to nominate candidates that they deem to be suitable. There are some exceptions made as far as the immigration to the Province of Quebec goes, but other than that, there is a nominee program that is enjoyed by all the other provinces in Canada. The PNP Investor Program is one such immigration program under which the provinces have the right to nominate their candidates as well. The key difference between the different provincial Investor programs and the Federal Investor Program comes in the capital and the net worth of the candidate that is required for by the Government. The different provinces decide on the basis of their local economy and the additional requirement of the intent to stay in that particular province is also added.
The past has clearly reflected that the PNP route for investor programs has a high success rate and even though it is an extra step in the immigration and there are some additional requirements in the program, some categories have shown that the PNP route of immigration has a higher success rate than the Federal immigration. The requirements for the PNP Investor Program are different for each province and are also constantly changing to accommodate the needs of the local economy of each province. For the requirements of each of the province, you can visit the websites for the immigration on the provincial websites and know about all the current eligibility criteria under the PNP Investor Program for any particular province.
The PNP programs are a great way of immigration to Canada if the candidate, for some reason, is not able to qualify under the Federal program. These programs are a great way to become eligible under the Permanent Residency program, which allows the Permanent Residents to enjoy all the rights as a Canadian citizen, except for the right to vote or join the military. If the Permanent Resident stays in Canada for three out of four years, he or she also becomes eligible to apply for the Canadian Citizenship.
There The Canadian Government has the sole rights over the immigration to Canada. However, there are some exceptions made when the Province of Quebec is concerned. Apart from that, the different provinces are able to nominate the different candidates under the various programs. These are known as the PNP Programs and the Entrepreneur Program also falls under this category. The PNP Entrepreneur Program has a slight variation when compared to its Federal counterpart. There are slight differences in the amount of capital required for the immigration and the net worth of the candidate. These numbers are changed from time to time according to the needs of the local economy of the provinces. Other than that, the essence of the Entrepreneur Program remains the same and it is an invitation for the businessmen around the world to come and provide employment in Canada.
The past has clearly reflected that the PNP route for the Entrepreneur program has had a higher success rate than the Federal Program, and even though it is an extra step in the immigration and there are some additional requirements in the program, some other categories have also shown that the PNP route of immigration has a higher success rate than the Federal immigration. The requirements for the PNP Entrepreneur Program are different for each province and are also constantly changing to accommodate the needs of the local economy of each province. For the requirements of each of the province, you can visit the websites for the immigration on the provincial websites and know about all the current eligibility criteria under the PNP Entrepreneur Program for any particular province.
The PNP programs are a great way of immigration to Canada if the candidate, for some reason, is not able to qualify under the Federal program. These programs are a great way to become eligible under the Permanent Residency program, which allows the Permanent Residents to enjoy all the rights as a Canadian citizen, except for the right to vote or join the military. If the Permanent Resident stays in Canada for three out of four years, he or she also becomes eligible to apply for the Canadian Citizenship.
There is a constant requirement for the Self-Employed people, who find their living based on their skill of talent or through the skill of farming. Under the Federal Self-Employed Program, the Government of Canada is able to invite the immigrants to Canada but under the PNP Self Employed Program, there is an additional provision for the different provinces in Canada to nominate their own candidates. For the province of Quebec, there is an entirely different program but the rest of the provinces enjoy an equal status to nominate their candidates for the Self Employed Program. The individuals are then invited to the respective provinces to get involved in some sort of skilled business or farming and there is an additional condition of the candidate being required to stay in that province for the entirety of his or her stay in Canada.
We have clearly seen before that the Provincial Nominee route for the Self Employed program has had a higher success rate than the Federal Program, and even though it is an extra step in the immigration and there are some additional requirements in the program, some other categories have also shown that the PNP route of immigration has a higher success rate than the Federal immigration. The requirements for the PNP Self Employed Program are different for each province and are also constantly changing to accommodate the needs of the local economy of each province. For the requirements of each of the province, you can visit the websites for the immigration on the provincial websites and know about all the current eligibility criteria under the PNP Self Employed Program for any particular province.
The PNP programs are a great way of immigration to Canada if the candidate, for some reason, is not able to qualify under the Federal program. These programs are a great way to become eligible under the Permanent Residency program, which allows the Permanent Residents to enjoy all the rights as a Canadian citizen, except for the right to vote or join the military. If the Permanent Resident stays in Canada for three out of four years, he or she also becomes eligible to apply for the Canadian Citizenship.
The Province of Quebec has many special grants from the Government of Canada. This includes a special Investor Program, in which the capital that is invested is deemed “risk-free”. This is because the investment is managed by the Government of the Province of Quebec. To help the growth of the local economy, the Government of Quebec will use the investment to boost the economy by generating new opportunities and starting new businesses. Due to the perfection in the administration, the program has become quite popular among the investors from all around the world. There is an assurance that the capital investment will be returned to the investors after a period of five years, without any payment of interest.
There are a few requirements which the applicant must fulfill in order to be eligible under the Quebec Investor Program. They are as follows:
- The candidate must have a minimum net worth of CAD$1,600,000.
- The candidate must invest a minimum amount of CAD$800,000, issuing the investment to the Government of Quebec.
- The candidate must have the intention to settle and reside in the province of Quebec.
- The candidate must possess a minimum business experience of two years.
- The candidate must be able to prove that he or she has the minimum funds to be able to support himself or herself or his or her family during the course of their stay in Quebec.
- The candidate and all the sponsored individuals must have passed all the medical and security checks that are mandated by the Government of Canada.
If you are an investor who is able to meet all the above requirements, then you will be eligible to apply for this program. It is a great way to start your journey as an investor and also serves as a step on the pathway to become a Permanent Resident in Canada, enjoying all the benefits as a Canadian Citizen, except the right to vote or join the military.
Quite similar to the Federal Entrepreneur Program, the Quebec Entrepreneur Program was born specifically for the purpose of the people who are willing to settle and bring about business in the Province of Quebec. While it is not a passive investment program like the Quebec Investor Program, it is for the people who are willing to start and run the business in Quebec. This program will create a long term and viable business in the province and also helps the local economy and bring about employment. For the people who have a high net worth and a willingness to settle in the province of Quebec as a Permanent Resident at some point in their lives, this is the program that will start their journey.
There are a few requirements which are mandatory for the applicant to be eligible under this program. They are as follows:
- The applicant must have a minimum net worth of CAD$300,000.
- The applicant must have a minimum business experience of two years.
- The applicant must be actively involved in the business and its daily operations.
- The applicant must be responsible for creating at least one full time job for a Canadian Citizen or a Permanent Resident.
- The applicant must be able to start and manage one of the qualifying businesses or acquire a business that has a minimum value of CAD$100,000. The business could either be industrial, commercial, or agricultural in nature.
- The applicant and all the sponsored individuals along with the applicant must pass the medical and security checks that are mandatory for the immigration processes according to the Canadian government.
Any person who qualifies for the Quebec Entrepreneur Program will start on a road to becoming a Permanent Resident. The Permanent Residents can enjoy all the benefits that are extended to the Canadian Citizens except the right to vote or join the military. If the Permanent Residents stay in the country for at least three out of four years, they also become eligible to apply for a Canadian Citizenship.
Similar to the Federal Self Employed Program, the Quebec Self Employed Program is aimed at seeking out the applicants who have unique talents and skills that will provide a cultural enrichment to the province of Quebec. The applicant must be able to prove that they have an intention of settling in the province of Quebec. The talents and skill sets bring about a boost that will provide a self-employed business opportunity for the applicant and also contribute to the local economy.
There are certain requirements that any applicant must be able to fulfill in order to become eligible for the Quebec Self Employed Program. They are as follows:
- The applicant must be able to show an ability that will establish that they are able to provide for a self-employed opportunity for themselves in Quebec.
- The applicant must be able to show that they have a track record of their skills with at least two years of experience in the field.
- The applicant must be able to show that they have the adequate language ability, limited to the French and English language.
- The applicant must be able to prove that they have sufficient funds that can support them or any or all of their family members during their stay in Quebec.
- The applicant and all their sponsored individuals must pass the medical and security checks that are mandated by the Canadian Government for the immigration process.
If the applicant fulfills all the requirements that are mentioned above, they become eligible for the Quebec Self Employed Program, and it will count in their stay as an application for the Permanent Residency in Canada. All the Permanent Residents are entitled to all the benefits that are enjoyed by the Canadian Citizens, except for the right to vote and the right to join the military. After being in the country for at least three out of four years as a Permanent Resident, the applicant also becomes eligible to apply for a Canadian Citizenship.