he Canadian economy is booming. On the back of both locally-owned businesses and foreign investors who have recently ventured into the Canadian market, the country is reporting promising numbers.

To further give a boost to the growing economy that enjoys a diverse and vibrant mix of entrepreneurs, investors, and business professionals, the Canadian government in recent years has encouraged business immigration. One of the hundreds of Canadian immigration streams, business immigration programs allow business-minded individuals and entrepreneurs to move to the country on the back of their economic contribution.

And fortunately, to make matters easier, the country has some of the most exceptional immigration lawyers in Toronto to offer legal advice and assistance to immigration aspirants to Canada. So now, with your preferred business immigration path (that we will discuss below) and the help of an immigration lawyer, you can move to Canada within no time!

Business Immigration To Canada

Business immigration to Canada is the Canadian government’s initiative to further boost the strong economy. Through this program, foreign nationals with skills and experience get a chance to contribute to the country’s thriving economic and cultural activities. There are multiple types of business visas available for foreign nationals.

Types of Business Immigration Visas

Here are some of the types of business visas that you can use to apply for Canadian immigration.

Startup Visas

Individuals with an innovative or highly scalable business idea can apply for startup visa to Canada. In addition, those with acceptance into a Canadian incubator may apply for this immigration.

Entrepreneur Visa

If you want to start a business in Canada or any of its provincial territories including Quebec, you can opt for entrepreneur visa.

Intra-Company Visa Transfer

Individuals who have a who business in their home country and wish to expand to Canada, can apply for intra-company visa transfer.

Self-Employed Visa

A self-employed visa is for individuals who have previous experience in certain trades and can opt for this immigration route through the following means:

Start from Scratch:  A business person can start a new business in Canada and create jobs.Buy a Business: You can also buy a Canadian-owned business to apply for business immigration.Become a Franchisee: Becoming a franchisee of a Canadian business can also get you to move to the country on business immigration.Invest in a Business: By buying shares of a Canadian-owned business, you can invest in a Canadian business and apply for business immigration.  

Eligibility Criteria

For each business immigration applicant, fulfilling the eligibility criteria is a must for successful immigration. Immigration lawyers say here’s the list of things to keep in mind.

Startup Visas

For a startup visa application, showing an individual or an organization of angel investors is a must. You must also showcase the potential and economic benefits of your business to Canada. Either an investment of a minimum of $75,000 or enrollment in an incubation program is essential to apply for a startup visa.

Entrepreneur Visa

An individual applying for an entrepreneur visa can do so by presenting their business proposal showcasing relevance to the Canadian economy. Up to five people can apply for an entrepreneurial visa through a single business.

Intra-Company Visa Transfer

Individuals who have been running a business for at least 12 months can apply for an intra-company visa transfer.

Self-Employed Visa

If you have experience running a business or affiliation with a trade for two years or more, you can opt for a self-employed visa to Canada. However, for self-employed applicants, it’s essential to show funds for settlement as well as funding their business venture.

Note: As of right now, all self-employed visa applicants must submit a third-party English language test result alongside their application.

Process To Become A Canadian Citizen Through Business Immigration

If you’re looking to apply for Canadian immigration with the help of an immigration or business lawyer, here are the steps to follow:

Invest/ Start a Business: Invest in a Canadian business or start a business of your own.Apply for a Work Permit: You then need to acquire a work permit in Canada to work on your business idea.Operate the Business for a Defined Period: In some cases such as a new business operation, you must run your venture for at least 12 months.Apply for Permanent Residence: You can then apply for PR which will lead to citizenship.

Begin Your Canadian Immigration Process With Expert Lawyers

If you want to move to Canada through a business immigration program, then reach out to Nanda and Associate Lawyers. The Toronto-based law firm has experienced corporate lawyers, spousal sponsorship lawyers, and refugee lawyers. Moreover, you can book a consultation here to discuss your case with family lawyers and top criminal lawyers in Toronto.

Author Bio

The author is a second-generation Canadian and law graduate. The author is based out of Toronto and is a co-founder of an immigration consultancy service.