Nuts and Bolts of Canadian Immigration Business Visa!
This Visa is available to foreign nationals with relevant business experience and investment. It is classified and defined under 3 categories:
- Investors
- Entrepreneurs
- Self-employed professionals.
To apply under migrant investor program, you must have a minimum relevant experience of 2 years in 5 years preceding the filing of Visa application. Your net worth should be over CDN $ 1,600,000. You also need to invest CDN $ 800,000. This scheme is pursued by the federal Govt. and the Govt. of Quebec independently.
You need to submit substantial proof of your ability to sustain yourself and dependants after reaching you dream destination. This program does not need you to start a new business. The investments are guaranteed by the participating provinces and territories, and are refunded after five years.
Under Canadian Immigration Business Visa category, you become eligible for all benefits and rights enjoyed by citizens of that country. You also enjoy the independence to stay and work anywhere across the country. Immigration laws are not applicable in this program.
Visa granted under the Entrepreneur Program seeks to attract experienced people to enhance the entrepreneurial skills in economy. You must have a minimum net worth of CDN $300,000 and a relevant experience of at least 2 years. Your application will be scrutinized on point based system on the basis of age, education, business experience, language proficiency and adaptability. You must be able to score a minimum of 35 points out of 100.Within 3 years of being provided entry into the nation you have to accomplish the required goals i.e.
- Control, manage 33% equity and develop a scheduled business.
- Create employment for a minimum of one Canadian citizen other than your family.
You can obtain a Canadian Immigration Business Visa by applying apply under the scheme for Self-Employed Professionals. You need to have relevant experience of at least 2 years in cultural activities, athletics or farm management. No immigration conditions are imposed on this class, but you need to qualify on the point based system with a minimum score of 35 points.
You will be required to establish a business and create employment, at least for yourself. The recognized occupations under this scheme include librarianship, journalism, performing arts, and technical skills in film making and broadcasting. You could also purchase and manage a farm.