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Canada: Business Immigration
An overview of the basic requirements for a business visa:
Self-employed
A self-employed person is someone with the intention and ability to be self-employed in Canada. They must be either farmers, artists or in so-called creative occupations such as music teachers, painters, photographers, illustrators, film makers, freelance journalists, choreographers, set designers, coaches, theatrical and musical directors.
Further to that, also athletes that participate at world-class level who are working in an internationally environment and who perform at the highest level in their discipline can apply as self-employed persons too. In order to qualify for visa, all self-employed persons must have at least two full-time years of relevant experience in the last five years before submitting an application.
In case you want to resettle yourself in Quebec you must speak and understand French and have at least two years experience of full time experience in the profession you want to carry out in Quebec. In addition, you should have net assets of at least CA$100,000 which you can take with you to Quebec.
Entrepreneurs
An entrepreneur must have relevant business experience and access to legally obtained net assets of at least CA$ 300,000. An entrepreneur must also have run a business that meets, for two out of the past five years, two of the following four requirements:
- two full-time job equivalents
- minimum annual turnover of CA$ 500,000
- minimum net income of CA$ 50,000
- minimum net assets of CA$ 125,000.
An entrepreneurial visa is a temporary visa; within three years of arrival in Canada, a Canadian business must have been set up, providing employment for at least one Canadian. At that time, the visa becomes permanent.
Investors
An investor must have business experience and have legally obtained a minimum net worth of CA$ 800,000. An investor must also be able and willing to invest CA$ 400,000 in an approved fund for a period of at least five years.
An investor must show business experience either by running a business that meets the set criteria (see entrepreneurs), or by having managed at least five full-time employees for at least two (of the past five) years.
Investor visas are permanent visas.
Go to the quick scan to find out if you qualify for a business class visa.
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