Business Permits & PR

• Minimum Net Worth: C$600,000

• Minimum Investment Required: C$200,000

• Business Management/Owner experience: 2 years or if no business experience, must have the equivalent of a 2-year post-secondary diploma

• Business Plan Required: Yes

• Exploratory visit required: N/A

• Education: Not mandatory

• IELTS: Overall 4 band

• Business Ownership %age in Canada: At least 51%

• Need Support letter: N/A

Business, job and investment requirements

• Establish an eligible new business or buy and improve an existing business

• Make an eligible personal investment of at least CAD$200,000 in the business

• Create at least one new full-time job for a Canadian citizen or permanent resident

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Fees

• $300 registration fee

• $3,500 application fee

Process

1. Prepare a business proposal

2. Register your proposal with the BC PNP

3. Get a work permit

4. Build your business

5. BC PNP nomination

6. Permanent Residence 

• Minimum Net Worth: C$300,000

• Minimum Investment Required: C$100,000

• Business Management/Owner experience: 2 years

• Business Plan Required: Yes

• Exploratory visit required: YES

• Education: Not mandatory

• IELTS: Overall 4 band

• Need Support letter from community: YES

• Participating communities

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The application processing fee is $3,500 for the company and an additional $1,000 for each key staff proposed.

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Process

Step 1: Make an exploratory visit to B.C.

Step 2: Discuss your proposal

Step 3: Register

Step 4: Invitation to apply

Step 5: Applying to the BC PNP

Step 6: Signing Performance Agreements

Step 7: Work Permit & Arrival Report

Step 8: Business Establishment & Nomination

Step 9: Apply for Permanent Residence

• ICT is for companies those are established in there home country and want to expand in North America by establishing branch in Canada.

• Parent company should be ltd. or incorporated in home country. Recent incorporation is also accepted

• Permits international companies to temporarily transfer qualified employees to Canada in existing companies or setup new company

• IC transferee should be transferred to a position in an executive, senior managerial, or specialized knowledge capacity

• IC transferee should have been employed continuously for at least one year in the three-year period immediately preceding the date of initial application.

• Get 1 year work permit, extendable to 5 – 7 year

• Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada.

• You need to have innovative business idea.

• To apply for the Start-up Visa Program, your business idea or venture must get the support of one or more of the designated organizations listed below:

• Venture capital funds

• Angel investor groups

• Business incubators

https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/start-visa/designated-organizations.html

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A letter of support is given to the applicant by the designated angel investor group or venture capital fund. It is proof that they will support your business idea.

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A qualifying business means you created a business that meets the following conditions.

• At the time you get a commitment from a designated organization:

  • each applicant holds 10% or more of the voting rights attached to all shares of the corporation outstanding at that time (up to 5 people can apply as owners)

    AND

  • applicants and the designated organization jointly hold more than 50% of the total voting rights attached to all shares of the corporation outstanding at that time

IRCC Fees: C$2140

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Start-up visa optional work permit

This work permit

• is only for the Start-up Visa Program

• is valid for 1 year

• only lets you work as an entrepreneur to develop your business

• Work experience: 3 years as business owner or 4 years at Senior position

• Education: Secondary School

• Language: CLB 4

• Networth: C$300,000

• Investment: Minimum of C$200,000 (More investment means more points)

• Business establishment: 51% ownership or 100% ownership in business succession

• Need to create job for 1 canadian

• Need support letter from supporting community

• Exploratory visit is must

• Education: Secondary school, must be done in last 10 years

• Work experience: 6 months of management or business ownership

• Language: CLB 5

• Business establishment: 34% Ownership

• Business investment: C$100,000 in urban area and C$50,000 in regional area

• Recommendation letter from AAIP approved designated agency

• Settlement funds needed

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Approved designated agencies:

Empowered Startups
420-744 West Hastings
Vancouver, British Columbia
V6C 1A5
Phone: 604-229-1052
Fax: 604-229-2037
Email: info@empoweredstartups.com

Platform Calgary
407 9th Avenue SE
Calgary, Alberta
T2G 2K7
Phone: 403-284-6400
Email: fgsp@platformcalgary.com

• Age 21 to 49

• Education: completed 2 years course in Alberta

• Work experience: 6 months of management or business ownership

• Should have PGWP

• Language: CLB 7

• Business establishment: 34% Ownership

• Should provide economic benefit to Alberta

• Candidates are not required to establish a business in Alberta until their Business Application is approved by the AAIP

• Business Partners must be Canadian Citizens or PR

• Have a minimum of $500,000 (CAD) in Net Business and Personal Assets.

• Have at least 3 years of relevant business management or entrepreneurial experience gained in the past ten years.

• Plan to invest a minimum of $300,000 (CAD) in Regina and Saskatoon, or a minimum of $200,000 (CAD) in all other Saskatchewan communities.

•    Age more than 21 years
•    Net worth of at least $600,000 CAD ($400,000 CAD if your business is outside Halifax Regional Municipality (HRM))
•    Invest at least $150,000 CAD of your own money to establish a business in Nova Scotia ($100,000 CAD if your business is outside HRM)
•    3 years experience as business owner or 5 years experience as Senior Manager
•    Language proficiency equal to CLB 5

• Have personal net worth of at least CAD $500,000

• Investment of not less than CAD $150,000 before tax

• Have at least 3 years’ experience actively managing and owning a business or senior manager