January 9th, 2024 at 01:20 am

Ways to Obtain Canada PR by Investment | Canada Immigration Guide

Foreign entrepreneurs, business owners, and investors can get permanent residency in Canada through investment visa programs. Canada’s robust economy makes it an ideal location for investors and entrepreneurs. However, no specific immigration procedure permits anyone to gain permanent status in Canada through investing.

To get Canadian permanent residency, many Canada Investment Visa schemes involve active investment in a firm. There are other ways to invest in a Canadian firm and receive a Canada PR Visa other than this.

This post explains how to get Canadian PR by investing in a business.

How to Obtain Canada PR Through Investment?

Foreign business owners, investors, entrepreneurs, startups, and self-employed persons are eligible for Canadian investment visa programs. Foreign individuals and their families can seek permanent residency in Canada by expanding their home business to Canada, investing in an existing Canadian firm, or starting a new one.

The majority of Canadian investor immigration channels follow a five-step process to achieve Canada PR and Citizenship through Investment.

• Invest in or Start a New Business in Canada
• Get an Entrepreneur Work Permit
• Run a Business in Canada
• Request Permanent Residency
• Apply for Citizenship in Canada

Here are several investment possibilities for entrepreneurs and investors that may assist them in obtaining Canadian PR through investing:

1. Intra-Company Transfer Visa (C12 Visa)

On April 1, 2021, the IRCC phased down the Owner/Operator LMIA immigration option that had previously been available in Canada. The Owner/Operator program’s closest equivalent is the Intra-Company Transfer Visa Canada.

ICT is a one-of-a-kind federal program within the International Mobility Program that enables international business owners to expand their operations into Canada. Candidates can apply for permanent residence after one year of effectively operating their business in Canada.

They can establish a firm in Canada and obtain an LMIA-exempt work visa as a senior executive. They can then apply for permanent residency in Canada. In addition, the ICT track will allow the principal applicant’s spouse and children open work and study permits. It gives them the right to work and study in Canada.

The Advantages of Intra-Company Transfer Visa

• You can live and operate your business in Canada.
• Bring your family along.
• Children in the Canadian public school system receive a free education.
• There is no requirement for a minimum investment.
• There is no requirement for actual presence.
• faster procedure
• Options for permanent residency in Canada

Here’s a step-by-step process for moving from intra-company transfers to PR Canada.

2. C11 Work Permit

Another federal immigration program within the International Mobility program is the C11 Entrepreneur Stream, also known as the C11 Work Permit. This particular stream is for people who want to invest in or start a business in Canada. After one year of operation, successful C11 stream candidates will be eligible to apply for permanent residency.

The C11 work permit is normally valid for two years and can be extended if the business in Canada is active and profitable. Assume you want to start or invest in a firm in Canada. In that situation, you should consult with a professional company immigration specialist because not all businesses will be eligible for the program.

A C11 Work Permit has no minimum investment requirement. You can use our Business Assessment tool to get a better understanding of the minimal investment necessary for this program.

3. Entrepreneur LMIA

Entrepreneur LMIA, also known as Owner-Operator LMIA, varies from the previously mentioned LMIA-exempt work permits, C12 Visa, and C11 Visa. It enables business owners, entrepreneurs, and investors to apply for LMIA and become entrepreneurs in Canada.

Entrepreneur LMIA Work Permit stands out since its application takes only 2 to 3 months to process. They can work in Canada as managers of their own companies or in any other Canadian company. They can apply for permanent residence in full-time employment after two years of work experience.

There is also no minimum investment needed for this course.

4. Business-Oriented Provincial Nominee Program (PNP)

Each Canadian province wishes to recruit international business owners and investors in order to strengthen the province’s economy. These provinces provide a variety of Business PNP alternatives, which allow individuals to invest in certain firms and then apply for permanent status. Let’s take a look at each of these possibilities:

British Columbia

For investment in Canada for PR, British Columbia offers two BC PNP Entrepreneur Immigration alternatives.

BC PNP Entrepreneur Base Category

The BC PNP Entrepreneur Base Category is for persons who want to buy or start a business in British Columbia and gain Canadian permanent residency through investment. Once the terms of their business performance agreement have been met, candidates can apply for permanent residence. This usually takes between 18 and 20 months.

• $200,000 is the minimum investment required.

Regional Pilot Program for the BC PNP

The BC PNP Regional Pilot is designed for people who want to start a business in a small regional community in British Columbia. After 12 months, candidates can apply for permanent residence if they have met the criteria of their business performance agreement.

This is a popular investment immigration program with low investment requirements.

• $100,000 is the minimum investment required.

Alberta

Alberts also offers AAIP entrepreneur immigration packages for investment-based Canada PR. You can gain permanent residency in Alberta by starting or buying a business, like other Business PNPs. The AAIP programs are:

AAIP Rural Entrepreneurship

The Alberta Rural Entrepreneur Stream is for Alberta business buyers and start-ups. After one year in the company, candidates can seek permanent residence. It’s popular with entrepreneurs and investors seeking Canada’s PR through investment. This entrepreneur program aims to boost rural Alberta’s economy and create jobs.

• Minimum Investment: $200,000.

AAIP Graduate Entrepreneur Stream

The Alberta Graduate Entrepreneur Stream is for Alberta college or university graduates who plan to start or run a business in the province. After one year in the company, candidates can seek permanent residence.

• Minimum Investment: $50,000 or $100,000, depending on business location.

AAIP Foreign Graduate Entrepreneurship

The Alberta Foreign Graduate Entrepreneur Stream is for international college graduates who want to start a business in the province. One year of startup operations qualifies candidates for permanent residence.

Minimum Investment: $50,000 or $100,000, depending on business location.

AAIP Farm Stream

The Alberta Farm Stream is for farm owners with enough money to manage their farms and farm experience. Investment can grant PR to experienced farmers who want to buy or start a farm in Alberta.

• Minimum Investment: $500,000.

Ontario

OINP Entrepreneur Stream is for company owners and entrepreneurs who want to start, buy, or run a business in Ontario. After fulfilling their performance agreement, candidates can seek permanent residence

• Minimum Investment: $200,000 or $600,000, depending on business location.

Saskatchewan

Three Saskatchewan investment immigration programs welcome business owners, entrepreneurs, and investors. SINP Entrepreneur PNPs offer investment-based Canada PR.

SINP Entrepreneurship

Participants in the SINP Entrepreneur Category plan to buy or partner in a Saskatchewan firm. After meeting their Business Performance Agreement, candidates can seek permanent residence.

Saskatchewan created the SINP Investment Immigration Program to boost the economy and create jobs.

• Minimum Investment: $200,000 or $300,000, depending on business location.

SINP International Graduate Entrepreneurship Category

This SINP International Graduate is for Saskatchewan college and university graduates who desire to create, buy, or run a business. After fulfilling their Business Performance Agreement, candidates can seek permanent residence.

• No Minimum Investment

SINP Farm Owner and Operator Category

The SINP Farm Owner Operator program is for experienced farm owners who want to buy and run a Saskatchewan farm. The SINP Farm Owner and Operator Category grants permanent residency to successful applicants and their families.

• Investment Minimum: $150,000 or $300,000, depending on the program.

Manitoba

Foreign investors and business owners can receive Canada’s PR through Manitoba’s Business Investor Stream in two ways. Manitoba’s investment and immigration channels are for entrepreneurs and buyers.

MPNP Entrepreneurship Pathway

The MPNP Entrepreneur Pathway is for Manitobans looking to buy or start a business. After meeting their business performance agreement, candidates can seek permanent residence. This can take 6–20 months.

• Minimum Investment: $150,000 or $250,000, depending on business location.

MPNP Farm Investor Pathway

The MPNP Farm Investor Pathway is for those with farm ownership experience, financial cash, and a desire to farm in rural Manitoba. The application requires a farm business plan and Business Research Visit.

• Minimum Investment: $300,000.

Nova Scotia

For business owners, entrepreneurs, and investors seeking Canadian PR by investment, Nova Scotia offers two investment immigration pathways.

NSNP Entrepreneurship

Participants in the New Brunswick Entrepreneurial Category plan to start, buy, and run a business in Nova Scotia. After a year in business, they can seek for permanent residence. This investment path grants Canadian permanent residency.

• Minimum investment: $150,000

NSNP International Graduate Entrepreneurship

Nova Scotia College or University graduates with over a year of business experience can apply for this New Brunswick Post-Graduate Entrepreneurial Steam.

• No Minimum Investment

Prince Edward Island

PEI PNP Business Impact Category helps entrepreneurs and investors get Canadian PR by investing. Also known as the PEI PNP Work Permit Stream. It is for entrepreneurs and investors planning to operate in Prince Edward Island, one of eastern Canada’s maritime provinces. After implementing their business strategy, candidates can seek permanent residence.

• No Minimum Investment

New Brunswick

New Brunswick entrepreneurs can use the Entrepreneurial Stream. Another way entrepreneurs and investors can get PR in Canada is through investing. After one year in the company, candidates can seek permanent residence.

• Minimum investment: $150,000

5. Québec Investor Programs

Québec provides three immigration options for investors.

Quebec Immigrant Investor Program

The Quebec Immigrant Investor Program is designed for investors who wish to invest in a business in Quebec. Although the Quebec government has stopped this program until April 1, 2023. This program is commonly referred to as the Quebec Golden Visa.

• $1,200,000 is the minimum investment required.

Quebec Entrepreneur Program

This program is designed for those who want to start and run an innovative business in Quebec with the assistance of a support group. The program is split into two streams, each with its own set of eligibility conditions.

• Variable Minimum Investment Requirement

Quebec Self-Employed Worker Program

This program is for persons who want to work for themselves in Quebec. Please visit the official website to learn more about the Quebec Self-Employed Worker Program requirements.

• Minimum Investment: $25,000 or $50,000, depending on location.

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