Canada is a great place to live. It is also rich with business opportunities, making it an excellent place to invest. You can start on the path to Canadian citizenship by investing in Canada. Your family members, including your spouse or common-law partner and your dependent children, can relocate with you when you invest in Canadian business for immigration purposes.
Investors, entrepreneurs, and self-employed people are drawn to Canada’s thriving economy, rich natural resources, highly skilled labour force, political stability, and favourable corporate tax rates. Investing in Canadian business gives unparalleled access to North American markets and strong global trade networks.
Canada welcomes foreign investment. The Canadian government offers several business immigration programs. It also offers a number of ongoing supports to ensure the success of your business investment and help you settle in Canada. There are many options for business class immigration, including:
- Canada’s Start-up Visa Program
- Investor/Business Provincial Nominee Programs, such as BC’s Provincial Nominee Program (BC PNP)
- Owner/Operator LMIA Program
- Intra-Company Transfer Work Permit (LMIA-exempt)
- Self-Employed Persons Program
Each business class immigration program has a unique application process. Specific terms and conditions must be met, both at the application stage and in the ongoing operation/management of your business in Canada. Depending on the program and your circumstances, you may need to meet minimum investment requirements, apply for a work permit, set up a corporation in Canada, buy an operational Canadian business, or purchase shares in a Canadian company. Corporate immigration should also be explored if you already have a company but want to expand business into Canada. A lawyer with specialized immigration experience can help you understand the options, evaluate the pros and cons, and develop a customized strategy for success. Maria Campos LL.M practices both immigration law and corporate law, making her uniquely positioned to guide you in the application process.
Investing in Canada for immigration purposes offers so many advantages. Processing and wait times may be faster and other requirements (e.g., language and education minimums) may be less stringent than under other immigration channels. All business immigration programs offer the opportunity to obtain permanent resident status, which is a first step toward gaining Canadian citizenship. Being a permanent resident or citizen of Canada means you and your family members can access social benefits such as free education and subsidized health care.
The process of investing in Canada for immigration purposes can be challenging. You need to know the rules and requirements to decide which programs you are eligible for, and which is best for you. You must prepare your application with care and ensure that your company is properly established in Canada. Whatever your needs, Invicta Law Corporation can help. Our team of experienced immigration lawyers and corporate lawyers have helped many investors, entrepreneurs, and self-employed people with Canadian business immigration. Contact us today to get started.