Canada has several investment immigration options for international business owners, investors, entrepreneurs, start-ups, or self-employed persons.
With the ease of doing business in Canada as compared to other countries, investing in Canada has become a popular choice.
These investment options provide foreign nationals and their family the opportunity to expand their business to Canada, invest in an existing Canadian business, or establish a new one. Furthermore, this investment could lead to permanent residency (PR) in Canada through investment.
For businesspeople and investors seeking to invest in Canada and get permanent residence, below are 12 programs that can help gain Canadian permanent residency by investment.
Canada’s Owner/Operator LMIA program was discontinued in 2021. The Intra-Company Transfer Visa is the closest alternative to this program. Entrepreneurs who want to expand their business in Canada can use the ICT Canada program. After one year, they may apply for permanent residence or become a senior company executive with an LMIA-exempt work visa, allowing them to apply for permanent residence. The ICT pathway also provides open work and study permits to the applicant’s family.
The C11 Entrepreneur Stream is an International Mobility program for those who want to start a new business or invest in an existing one in Canada. Successful applicants can apply for permanent residency after one year of operating their business. There are no minimum investment requirements for the C11 work permit, and it typically has a two-year validity.
Investors, business owners, and entrepreneurs can apply for LMIA-Based Work Permits to enter Canada and work as managers for their own or other Canadian companies. They may apply for permanent residence after two years of full-time employment. There are no minimum investment requirements for this pathway.
British Columbia has two options for those seeking permanent residency in Canada through investment:
A program Ontario offers business owners and entrepreneurs who want to start, buy, and run a business in Ontario. The minimum investment required is $200,000 or $600,000.
For those who want to start and run a business in New Brunswick with a minimum investment of $150,000
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