Uploaded on Mar 23, 2021
Planning to work overseas? Yellow Box Immigration helps you to get a Canadian Business Visa smoothly. Get professional advice from Best Immigration Consultants in Abu Dhabi. Know the eligibility requirements to work in Canada.
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1) CANADA START-UP VISA 2020
Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills
and potential to build businesses in Canada that :
● are innovative
● can create jobs for Canadians
● can compete on a global scale
Do you have an innovative business idea? If you can get support for your idea
from one of the designated organizations, you may be able to
immigrate to Canada. Immigrate with a Start-up Visa: Who Can Apply? Who can
apply?
To be eligible for the Start-up Visa Program, you
must :
● Have a Qualifying Business Idea
● Get a letter of support from a designated organization
● Meet the language requirements
● Proof Of funds
Have a Qualifying Business Idea?
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)
● 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
● At the time you receive your permanent residence:
● you provide active and ongoing management of this business from within
Canada
● an essential part of the operations of the business happens in Canada
● this business is incorporated in Canada
Get a letter of support from a designated
organization
You must get a letter of support from a designated organization (a business
group that has been approved to invest in or support possible start-ups). You will
need to :
● contact the designated organization to find out how to get its support
● To convince the organization that you have a business idea that is worth
supporting
● get a letter of support from the designated organization The process to
pitch your idea is different for each organization. Each organization has its
own requirements. For example, you may be asked to present your business
concept in person or submit a detailed business plan.
Meet the language requirements
The ability to communicate and work in English, French, or both languages will
help your business succeed in Canada.
● contact the designated organization to find out how to get its support
● To convince the organization that you have a business idea that is worth
supporting
● get a letter of support from the designated organization
You must meet the minimum level of the Canadian Language
Benchmark (CLB) 5 in either English or French in all of these four
areas :
● speaking
● reading
● listening
● writing
Proof Of Funds
● The Government of Canada does not give financial support to new start-up
visa immigrants.
● When you apply, you’ll need to give proof that you have the money to
support yourself and your dependents after you arrive in Canada.
● You can’t borrow this money from another person.
● The amount you need depends on the size of your family.
● We update these amounts every year.
2) Quebec Business Immigration Program
The province of Quebec gives permanent residency to business-experienced
individuals who are prepared to invest in Canada to improve the Canadian
economy and generate jobs. This program provides business immigrants the
only opportunity to obtain permanent residence status through passive
investment.
There are three main business immigration programs in Quebec, with
its own criteria:
● Entrepreneur Program
● Investor Program
● Self Employed Worker
Entrepreneur Program:
To be eligible for this particular program you must:
1. Have total net legal assets C$300,000
2. At least two years of full-time business management experience alone
3. With spouse during a business where the applicant controls a minimum of
25% of the equity, within the past 5 years
4. The business handled must include full-time responsibilities and obligations,
i.e. the planning, management, and control of financial and human
resources.
Investor program:
To be eligible for this program you must :
1. Have legally acquired minimum assets of C$1,600,000 (single or
accompanying spouse)
2. Have management experience in a legal farming, industrial enterprise, or
legal professional business.
3. Demonstrate your intent to settle in Quebec and sign an investment
agreement of C$ 800,000.
Self-employed worker :
1. Come to develop your own career by working in your occupation or trade
2. Have net legal assets of C$ 100.00 minimum.
3. Have at least two years of technical or business experience which you are
willing to practice in the province of Quebec.
In addition, applicants must make a start-up deposit at a financial organization
within the region where they shall practice their profession:
4. $25,000 CAD deposit outside the Montreal area
5. $50,000 CAD deposit in the Montreal area
Eligibility Conditions in General:
Applicants who meet the criteria above will also be assessed according to the
following factors :
1. Age
2. Education
3. Work experience
4. Language proficiency (advanced intermediate oral and written French is
required)
5. Personal suitability
6. Visits to Quebec and family in Quebec
3) British Columbia Immigration
1. British Columbia Immigration - New Regional Pilot Program for
Entrepreneurs
Through matching applicants with qualifying communities, the BC PNP
Entrepreneur Regional Pilot supports entrepreneurs wishing to start a
company and settle in rural BC communities. As such, British Columbia
immigration authorities have set eligibility requirements for candidates, as
well as for communities.
Eligibility for candidate
The criteria target eligible entrepreneurs who wish to grow a business in a
regional BC community (under 75,000 inhabitants)
1. Conduct an explorative visit to the Community.
2. Have at least $100,000 in qualifying business investment.
3. Get a personal minimum net worth of $300,000.
4. Have three-plus years of proactive company owner-manager experience or
four-plus years as senior manager over the last 5 years.
5. Take a minimum ownership stake of 51 percent
6. Creating at least one new job for a Canadian citizen or permanent Canadian
resident
Eligibility for a Community :
● To be qualified, the B.C. The municipality must have a population of less
than 75,000 and must be situated 30 kilometers from a city of more than
75,000 people.
● The group needs to show it can deliver a framework of settlement and
business services to the newcomer entrepreneur. Prior to conducting
exploratory visits and recommending prospective EI Regional Pilot
applicants, it is the responsibility of community members to undergo
immigration and pilot-specific training.
Submit Registration and obtain score:
Once the candidate is in a position to receive the referral, the applicant will be
able to submit their application to the BC PNP. This application will consist of
information such as age, work experience, education, language skills, net worth
and details related to the business proposed.
Upon submission of the profile, candidates are assigned a score and ranked
against each other using the BC Entrepreneur Regional Pilot Ranking System.
Invitation to interview in Vancouver :
Candidates with the most points are invited to submit a complete application
under the scheme, through regularly held BC PNP drawings. The applicant can
be required to give an interview in Vancouver. The candidate's submission will
be reviewed within the four months following receipt.
Qualified applicants obtain a letter of support for work permits from the BC PNP
and may then apply to the Government of Canada for a temporary work permit
for a period of two years.
4) New Brunswick Entrepreneur Program
British Columbia Immigration - New Regional Pilot Program for
Entrepreneurs
Through matching applicants with qualifying communities, the BC PNP
Entrepreneur Regional Pilot supports entrepreneurs wishing to start a company
and settle in rural BC communities. As such, British Columbia immigration
authorities have set eligibility requirements for candidates, as well as for
communities.
New Brunswick Entrepreneur program
The New Brunswick Entrepreneur program which is governed by the Department
of Post- Secondary Education Training and Labor (PETL), is available for
successful economic immigration Entrepreneurs willing to create, run and
actively manage an enterprise while living and settling in Permanently, New
Brunswick. Officers of the immigration system review applications based on the
eligibility criteria and factors of selection. Please notice that meeting eligibility
criteria does not guarantee an appointment. Applicants that have the greatest
potential to develop themselves economically in New Brunswick will be given
priority.
Eligibility Requirement :
To qualify as a Business Applicant candidate must :
● Be between the ages of 22-55.
● Hold a high school diploma at least.
● Demonstrate sufficient ability to actively manage a business in New
Brunswick in English and/or French.
● Clearly shows a desire to operate and live a company in New Brunswick.
● The applicant must assume a daily management role in the enterprise.
● Show appropriate and proven experience in three of the last five years of
management.
● Provide a business plan, verified by an official of the Government of New
Brunswick, showing how the company would benefit New Brunswick.
● Have a minimum personal net worth of $300,000, CAD
● Provide successful settlement and support of dependent family members
with no third-party assistance for up to two years.
● Before nomination, submit a signed copy of the deposit agreement and a
conditionally refundable deposit of CAD $75,000.
● In factors of selection, score at least 50 points.
Factors to be considered while Selection :
● If all other eligibility requirements (as outlined above) are fulfilled and the
business plan accepted, applicants will be evaluated on the basis of five
factors of selection (Age, Education, Language ability, Adaptability).
Candidates need to score a minimum of 50 points to qualify for the
program.
5) Ontario Investor Program
If you have an idea for a business or are able to buy an existing business in
Ontario. Then, the Ontario Immigrant Nominee Program (OINP) Entrepreneur
Stream may be your Canadian immigration choice. Successful applicants will get
a letter of support for temporary work permits based on a performance
agreement to set up the business in Ontario.
Eligibility Criteria :
To qualify, the candidate must satisfy the minimum requirements for all the
factors listed below :
1. Experience: At least 24 months of full-time experience as a business owner
or as a senior manager in the last 60 months.
2. Net Worth:
○ If the desired project is located in the Greater Toronto Area (GTA): C$
800,000.
○ If the desired project is located in the Greater Toronto Area (GTA): C$
400,000.
○ If the proposed business is in the ICT / Digital Communications sector:
C$400,000, regardless of location.
3. Personal Investment: Minimum net worth of $800,000 in the GTA where
your proposed business will be. Initial net worth outside of the GTA is
$400,000.
4. Job creation :
i. If the proposed business is located in the GTA: for Canadian
citizens / permanent residents, at least two permanent full-time
jobs.
ii. If the proposed business is located outside the GTA: for Canadian
citizens / permanent residents, at least one permanent full-time
job.
5. Exploratory visit: If buying an established company, make at least one
business-related visit to Ontario during the 12 months prior to submitting
the Expression of Interest.
Moving to the Canada can be complicated. Navigating the Canadian
immigration and citizenship application process can be challenging.
Yellow Box Immigration, a highly experienced professional, We will
navigate your Canadian Immigration process on your behalf. You can
rely on our expertise.
Yellow Box
Immigration
+971 507835393 | +971 24412912
https://yellowboximmigration.com/
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