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Obtaining a visa as a foreign business person or investor through investment immigration channels such as Canada’s Investor Visa programmes can benefit you. The Canadian government has developed many immigrant investor programmes that lead to permanent residency. Speak with the top Canadian business visa adviser. On this website, you can learn about the many business immigration programmes accessible to you and which one is ideal for you.
Buy a Business in Canada
Foreign investor entrepreneurs who desire to relocate to Canada with their immediate families might purchase an existing firm or start a new one. Then, under the federal Temporary Foreign Worker (TFW) programme, qualifying investors can apply for a work visa as a management level employee. The TFW program’s revised guidelines guiding new business owners are attracting significant local and worldwide attention. Successful temporary work visa holders and their families can apply for permanent residency in a provincial immigration programme or as a federal skilled worker under Express Entry after less than a year. The foreign national’s purchase of the business must be accompanied by a suitable business plan that will result in the creation or retention of jobs, among other things.
As an owner-operator or business owner, let’s say you want to relocate to Canada. In that situation, you must prove to Canadian immigration authorities that your business operations there will help Canada “significantly economically.” There are various approaches to prove “substantial economic advantage,” among them:
If you wish to migrate to Canada as a foreign investor or entrepreneur, buying an existing firm in Canada may be an excellent way to qualify for the Entrepreneur Work Permit Program. It is difficult to find a stable firm with excellent growth prospects for your immigration journey. You must choose a business that is a good fit for your talents, previous experience, and financial goals. Furthermore, the firm you intend to purchase must meet the conditions established by Canadian immigration officials. In this post, we will look at how foreign entrepreneurs might locate the ideal firm to buy in Canada.
Immigration To Canada Through Business Ownership
| Investment Options | Industry / Activity |
|---|---|
| Option 1 - Investing a sizeable sum of money in a company that will generate job possibilities for Canadians. | Significant Economic Impact Investment of at least $250,000 into a Canadian company; Job Creation or Retention for at least 2 Canadians; and a viable company that can generate enough revenue to pay the wages of all its employees |
| Option 2 - Purchasing a company that is engaged in "major benefit" activities | Creating new goods and services using modern technology, Creating creative strategies for traditional firms increasing Canada's exports, Value-added companies increasingly commercialising technology and conducting research and development transferring specialised knowledge and technology, Supplying goods or services to a local or regional market that is underserved |
| Option 3 - Purchasing a company in a vital economic industry or sector | Agriculture, which includes food and beverage production as well as food processing technology of information and communication Aviation/aerospace, International Education, Aquaculture Mining and Development Biomedical (includes research and development, Manufacturing, etc.) Forestry, Mining and Natural Resources Cybersecurity, Patents that are registered Creative Industries Transportation Sector of Energy or Natural Gas Tourist, tourism products, tourism attractions, tourism services, and tourism facilities Exports,Fintechm,Farming,Production of Films and Videos,Services in Finance,The Green Economy |