It is usually possible to immigrate to Canada through one of the Canada investor visa programs. These programs are designed to attract people who can contribute to the economy of this country with significant investment. The minimum capital to immigrate to Canada varies depending on the specific immigration program you choose.
Canada offers several investor and entrepreneur immigration programs with eligibility criteria and investment requirements. Here is an overview of how to immigrate to Canada on an investment visa:
1- Canada startup visa program:
This program is designed for entrepreneurs with creative ideas who can grow globally and want to start a business in Canada. There is no minimum capital to immigrate to Canada in this program. Still, applicants must have a minimum investment commitment from a Canadian venture capital fund, angel investor or business incubator. ) by obtaining a letter of support (LETTER OF SUPPORT) and their commitment certificate (commitment certificate).
2- Canadian entrepreneurship visa
Different Canadian provinces offer their investment immigration programs, each with its minimum investment. The minimum capital needed to immigrate to Canada varies by province, and specific requirements can change over time. For example, British Columbia’s Entrepreneur Immigration Program requires a minimum investment in a new business, while Manitoba’s Business Investor Program requires a minimum investment in a company in Manitoba.
3- Canada self-employed visa
This program is for people who can significantly contribute to Canadian culture or sports and have experience related to cultural, artistic and sports fields. You must demonstrate that your efforts will impact substantially Canadians’ artistic or sporting life, that you want to work for yourself in this country, and that you have the necessary qualifications. The minimum capital for immigrating to Canada is not seen in this program.
4- Canadian ICT visa (Intra Company Transfer Canada)
If you move your company to Canada, you can qualify as an executive, manager, or specialist knowledge worker for a global organization. This allows you to work for your company’s branch, branch or affiliate in Canada. In this program, the minimum capital for immigrating to Canada is not mentioned.
5- Canada C11 visa (C11 work permit)
Although this program is not the same as the owner-operator immigration program or C10, it allows you to purchase a business in Canada, start your own business, and apply for a Canadian work visa as a business owner. It would help if you were actively involved in the company’s executive operations and could create jobs for Canadians. The minimum capital required to immigrate to Canada is not specified in this program either.
6- Quebec Immigrant Investor Program (QIIP):
QIIP is one of the most well-known investor immigration programs in Canada. The minimum capital to immigrate to Canada in this program is 1.2 million Canadian dollars. Also, applicants must have a net worth of at least 2 million Canadian dollars. In addition to the minimum investment, you may be required to meet other criteria related to net worth, business experience, language skills, and intent to live in Canada.
Permanent residence route through an investment visa
1- Meet the investment visa program eligibility requirements:
Check the eligibility criteria of your chosen program carefully. Requirements usually include factors such as net worth, investment amount, business experience and your intention to live and invest in Canada.
2- Collecting the required documents:
Prepare all necessary documents such as financial statements, tax records, business documents, proof of net worth and a comprehensive business plan.
3- Investing in a business plan:
Make the required investment in Canada, including investing in a government fund or starting or buying a business in Canada. Make sure your investment meets the guidelines of that program.
4- Sending the immigration file
Depending on the program you are applying for, complete and submit your application to Immigration Canada or a provincial immigration office. Pay application fees, which can vary by program.
5- Medical tests and bad criminal record
You and your family members may undergo security and medical screening. Make sure everyone in your family meets the health and character requirements.
6- Interview or evaluation:
Some programs may require you to attend an interview or take an assessment to assess your skills and business goals.
7- Conditional approval:
If your application is approved, you may receive conditional approval, and you must meet certain conditions before obtaining permanent residence.
8- Permanent residence and compliance:
Once you meet all the program requirements, you will be granted permanent residence in Canada. After obtaining permanent residence, make sure you meet the program’s requirements, which may include living in Canada for a certain period or actively managing your investments.
9-Canadian citizenship (optional):
After residing permanently in Canada for a specified period, you may be eligible to apply for Canadian citizenship, which is optional.
It is important to note that requirements and processes may change over time and that each province or territory in Canada may have its unique programs and criteria for investor immigration. Therefore, it is essential to stay up-to-date with the latest information on the specific program you are interested in and consult with an immigration lawyer or consultant specializing in immigration to Canada to guide you through the process.
Additionally, meeting the financial requirements for investor immigration can be a significant commitment, so ensure you have the necessary financial resources and are prepared for the investment and immigration process.
Therefore, Arnika Visa Immigration Firm, with years of experience in Canadian business immigration, provides specialized Canadian business services and obtaining permanent residence. This law firm has successfully handled many immigration cases by having up-to-date and accurate information through an experienced and expert team.
