CANADA IMMIGRANT ENTREPRENEUR
In Canada, each Province can nominee its immigrants and in the case of Quebec, select them. The most popular Immigrant Entrepreneurs programs are those of British Colombia, Ontario, Quebec and the Federal Startup Visa. They enable foreigners to establish a business in a specific province and gain residency in Canada. The great benefit of the path is that it provides the quickest way into Canada. Also, investment requirements are relatively low. After 6 months of being admitted you are eligible for permanent residence. Then after 3 years, you are eligible for Canadian citizenship.
Location
North America
Population
37 million
Capital
Ottawa
Currency
Canadian Dollar (CAD)
Language
English, French
Investment Amounts
- Quebec Immigrant Entrepreneur Program
- BC PNP Entrepreneur Program
- Ontario PNP Entrepreneur Program
- Federal Startup Visa
| Investment amount | 300,000 CAD OR 200,000 CAD outside of Greater Montreal |
| Quebec Application fees | 1,099 CAD |
| Federal PR fees | Processing fee 1575 CAD and right of permanent residence fee 500 CAD |
| Investment amount | 200,000 CAD OR 100,000 CAD for the regional program |
| Application fees | 3,500 CAD + 5,000CAD (estimated due diligence cost) |
| Investment amount | 600,000 CAD OR 400,000 CAD outside of Greater Toronto |
| Application fees | 3,500 CAD + 5,000CAD (estimated due diligence cost) |
| Investment amount | 75,000 CAD from Angel Investors or 200,000 CAD from Venture Capitalists |
| Application fees | Processing fee 1575 CAD and right of permanent residence fee 500 CAD |
Application Process
Stage 1 Month 1
Each program has a different process, but most of them are pts-based. Meaning based on your profile (age, experience, project etc…) you will receive a certain amount of points. In the cases of BC and Ontario, you must first register an online Expression of Interest (EOI). Your online EOI is entered into the selection pool and ranked by points. Periodically, registrants are selected and invited to formally apply to the Entrepreneur program. If you are invited to apply, you can submit a complete application and application fees.
Stage 2 Month 4
If your application is approved, you will sign a Performance Agreement outlining the commitments you have made in your EOI to invest and create jobs in the province. You will be issued a temporary work permit support letter to apply for a temporary work permit from IRCC.
Stage 3 Month 6
You can receive your temporary work permit and can land in Canada. If you meet the commitments of your Performance Agreement, you may be eligible for permanent residence within six months of being nominated..