If you are a business owner or an investor, there is a high possibility for you to get into Canada as well. All you have to do is to proceed and apply for it via the Canada PNP program. The provinces in Canada have their own provincial nomination programs. These provincial nomination programs provide an opportunity for an application to go ahead and immigrate to Canada. If you get through this program, you will receive a PR permit from Canada. Therefore, you can proceed to the next step and settle down within that province. Invitations will be sent out to people depending on the economic needs of the province.
Within those provinces, you will also be able to see the need for business investors and entrepreneurs. If you are one of them, you can think about obtaining your Canadian permanent residency by traveling on this path.
Any person who is interested in starting a new business venture in Canada will be able to proceed with this program. However, you should also keep in mind that there are some requirements, which you need to cater to in order to obtain a visa. You should also keep in mind that the net worth and minimum investment requirements vary from one province to another. Due to the same reason, you need to take a look at specific information and see to what state you can go with the amount that you are willing to invest and what your net worth is.
When you take a look at the British Columbia PNP entrepreneur immigration program, you need to have a net worth of at least $800,000 CAD and you should be willing to invest at least $400,000 CAD.
Likewise, the net worth requirement of Manitoba, Saskatchewan, and Ontario is $360,000 CAD, $300,000 CAD, and $300,000 CAD respectively. You should be willing to invest at least $150,000 CAD to secure your PR in any of these provinces. The net worth requirement for Prince Edward Island is relatively higher at $600,000. However, you need to invest only $150,000 CAD. Likewise, you can find all the information about the net worth and minimum investment requirements that you will have to go ahead with. You can take a look at the facts and then make a decision about the investments that you are going forward with. This can assist you to secure your Canadian PR without any frustration.
All the investors and entrepreneurs who are looking forward to following this approach and investing in Canada will have to craft a detailed business plan. The business plan you create should clearly explain what type of business you are going to establish or purchase within Canada. In addition to that, you will also have to explain financial projections clearly. Along with that, you should highlight how your investment or business venture will be able to contribute to the local economy of Canada as well as the labor market.
Another prominent feature that you can find in PR permit to Canada for businessmen and investors is the requirement to have business management experience. You should be a person who has showcased the ability to manage a business in the past. Then you will be able to secure your PR with minimum hassle, without going through any difficulties. Depending on the state that you are applying for, you will be asked to showcase that you have experience in between 2 to 5 years in the management sector. In a few of the states, a minimum number of years is not imposed.
When you go through the PNP business immigration program as an applicant, you will have to actively contribute to the day-to-day management of the business. In some instances, performance agreements will be required. They will impose other requirements and benchmarks. You should also keep in mind that every single program has an additional set of criteria, which range from age requirements to language requirements as well. There are exceptions for this in Quebec and Ontario provinces. Along with that, you will have to place government deposits as well. This provides an assurance that you will be making the investment that you have stated in the application.
If you are an entrepreneur, who is looking forward to taking your business ventures to the next level, Canada is one of the best countries out there to consider. You will be exposed to a large number of unique and exciting opportunities while you are in Canada. Therefore, you don’t need to think too much about the return that you will get for your investment in Canada. By doing a basic investment study, you can figure out opportunities that exist. Then you can proceed to the next level and apply for Canadian PR under the PNP investor category.
Our team of registered RCICs is the qualified Best Canada Visa Experts who can guide you through the entire process of obtaining a Canada Permanent Resident Visa. For further information email us at [email protected] or call 1-833-789-1845.