The Business Immigration Program seeks to attract experienced business people to Canada who will support the development of a strong and prosperous Canadian economy. Business immigrants are selected based on their ability to become economically established in Canada. Broadly Business Immigration is divided into two categories:
- Federal Immigration Programs Under Federal program a business immigrant can settle and do business or farming anywhere in Canada.
- Provincial Business Immigration Under the Canada-Quebec Accord, the province of Quebec operates its own immigrant investor program. All investors in the Quebec program must both be destined to live in Quebec and selected by Quebec. Most provinces in Canada have an agreement with the Government of Canada that allows them to play a more direct role in selecting immigrants who wish to settle in that province.
Federal Immigration ProgramsInvestor Category: The Immigrant Investor Program is a fast track program which seeks to attract experienced business persons to immigrate who are willing to invest capital in Canada. On the top of it, the processing time is in between 6-9 months for interview. Investors must demonstrate business experience, legally obtained net worth of CDN $800,000 by applicant & spouse. They should have enough resources for investment of CDN $400,000 (refundable after 5 years without interest) or by paying CDN $120,000 - $135,000 (Non-refundable) and balance to be arranged through finance company by PCI.
Entrepreneur Category: The Entrepreneur Program attracts experienced business persons, who would own and actively manage businesses in Canada, which will contribute to the Canadian economy and create jobs in Canada. They must have a net worth of legally acquired CDN $3, 00,000 (including spouse assets). Entrepreneurs and their dependents are admitted to Canada under specific conditions and thereafter, are subsequently monitored by Citizenship and Immigration Canada (CIC) after landing.
Self Employed: Self-employed people must have the intention and ability to create their own employment and make a significant contribution to the economy of Canada or to create their own employment by purchasing and managing a farm in Canada. Previous self-employed experience in two years out of the last five years is required for determining the eligibility.
Provincial Nominee Program The Manitoba Provincial Nominee Immigration Program for business allows Manitoba to recruit, select, and nominate qualified business people from around the world who have the intent and ability to move to Manitoba and establish/purchase a business.
To qualify for the business program, applicants must meet the following criteria:
- The candidate must have a minimum personal net worth of CDN $ 500,000.
- Availability of minimum amount of investment of CDN $150,000.
- Candidate should demonstrate a business experience or an extensive experience in senior management in any organization
Manitoba Young Farmer Nominee Program Following are the eligibility criteria in order to apply under
Manitoba Young Farmer Nominee Program,
- should have a minimum personal net worth of CDN $ 150,000 (after relocation to Manitoba).
- should make a minimum amount of equity investment of CDN $ 150,000 in Manitoba.
- Principal applicant must be under 40 years of age.
- Should possess demonstrated experience in the management of a farm operation and/or finances.