Canada's business immigration programs aim to attract entrepreneurs, investors, and high-net-worth individuals with economic means to contribute to Canada's economic growth through capital investments and business activities. These programs provide a pathway to permanent residency, appealing to investors worldwide.

Here are the main business immigration programs in Canada and their features:

 

1. Start-Up Visa Program

Target Group:
Innovative entrepreneurs who have the potential and ability to establish new businesses in Canada, positively impacting the Canadian economy.

Key Requirements:

• Innovative Business Idea: Must have a business plan with innovative potential.

• Letter of Support: Secure support from a designated Canadian entity, such as a venture capital fund, angel investor group, or business incubator.

• Language Proficiency: Meet the minimum language requirement in English or French (CLB 5).

• Proof of Funds: Demonstrate sufficient funds to support yourself and your family in Canada.

 

2. Quebec Immigrant Investor Program (QIIP)

(Currently suspended but may reopen in the future)

Target Group:
High-net-worth individuals planning to immigrate to Quebec through passive investment.

Key Requirements:

• Net Asset Requirement: Possess a minimum net worth of CAD 2 million, with legal proof of asset origin.

• Investment Requirement: Invest CAD 1.2 million in a government-approved investment fund for five years (non-interest-bearing).

• Management Experience: At least two years of business management experience.

• Intention to Settle: Demonstrate an intent to reside in Quebec.

 

3. Provincial Nominee Program for Entrepreneurs

Many provinces offer entrepreneur or investor immigration pathways through their Provincial Nominee Programs (PNPs). Requirements vary by province. Below are key examples:

(1) British Columbia Entrepreneur Immigration Program

• Net Asset Requirement: Minimum CAD 600,000.

• Investment Requirement: At least CAD 200,000 in an eligible business.

• Other Requirements: Management experience and creation of at least one job.

(2) Manitoba Business Investor Stream

Entrepreneur Pathway:

• Minimum Investment: CAD 250,000 (in Winnipeg) or CAD 150,000 (in other regions).

• Net Asset Requirement: At least CAD 500,000.

• Job Creation: At least one job.

(3) Prince Edward Island Work Permit Stream

• Investment Requirement: Minimum CAD 150,000 in a local business, with a valid work permit.

• Net Asset Requirement: At least CAD 600,000.

 

4. Self-Employed Program (Currently paused)

Designed for self-employed individuals in arts, culture, sports, or farming who plan to contribute to Canada's economy through self-employment.

Key Requirements:

• Experience: At least two years of relevant self-employment or international experience.

• Financial Means: Sufficient funds to support yourself and your family.

 

How to Choose the Right Program?

 

Selecting the right program depends on your financial situation, management experience, language skills, and family goals. For personalized advice or professional guidance, feel free to contact Regulated Canadian immigration consultant Howard!