Canada Investor Visa Application Process 2024
The Canadian investor visa is a visa type consisting of 3 types of visa branches implemented by the Canadian government to attract qualified business people who can contribute to Canada’s growth by making a significant investment in the Canadian economy under the Canadian immigrant investor program.
Other Country Citizens who wish to obtain a Canadian investor visa and meet the requirements for a Canadian investor visa can apply for a visa online and through visa application centers with documents that meet the requirements determined by the Canadian Government, with a delivery period of 8-12 months. The Canadian investor visa is not covered by the Canadian Express Entry immigration program.
What are the Types of Canadian Investor Visa?
Canadian investor visa types are listed below.
- Canadian Investor Immigrant Visa : This is a type of visa created by the Canadian Government for immigrant investors.
- Canada Startup Program Visa : The Canada Startup visa is a type of visa targeted by the Canadian Government to immigrant entrepreneurs.
- Provincial Prospective Investor Programs of Canada : This is an immigrant investor program initiated by the Government of Canada under the umbrella of entrepreneurship for rural settlement.
Canada Investor Immigrant Visa
The Canadian immigrant investor program is a program developed to attract qualified business people and investors who can contribute to Canada’s growth and value by making a significant investment in the Canadian economy, and is an immigrant investor program that provides investors who meet all requirements with the right to obtain a Canadian permanent residence visa together with their first-degree family members. Institutional business partnership investments, institutional and private equity partnership investments, investments involving partnerships in legal entities, investments signed within the scope of joint stock companies and limited companies are evaluated within the scope of the Canadian immigrant investor program.
The Canadian investor immigration program was closed to applications by the C-31 bill on June 19, 2014, and is not currently accepting applications.
Canada Start-up Visa
The Canada Startup Visa is a type of investor visa developed by the Canadian Government for individuals who meet the requirements of the Canada Startup Visa; investors who want to open a business in Canada, develop innovative ideas and present products and services.
People who want to go to Canada under the start-up visa program can invest in the capital of venture capital funds, angel investor groups and business incubators.
What are the Eligibility Requirements for Canada Start-up Visa?
Canadian start-up visa eligibility requirements are listed below.
- The Canadian start-up visa candidate must have a qualified business,
- The Canadian start-up visa applicant is required to have a letter of support from the designated enterprise,
- The Canadian start-up visa candidate must have sufficient financial resources,
- The Canadian start-up visa applicant needs to be familiar with the Canadian start-up visa language requirements.
What Does Canada Startup Visa Qualified Business Mean?
For a Canada startup visa, businesses with a qualified business status are required to meet the following qualifications.
- All business owners (up to five people) affiliated with a Canadian-based business must each own at least 10% of the voting rights of the company.
- All Canadian-based business owners and designated entities must own at least 50% of the company’s voting rights.
What is the Minimum Investment Amount for a Canadian Start-Up Investor Visa?
For the Canadian startup investor visa, the minimum investment amount is $200,000 if it comes from a designated Canadian venture capital fund, and a minimum investment of $75,000 if it comes from a Canadian angel investor group. The Canadian Startup visa requirements are published on the official Canadian government website.
What is a Canadian Entrepreneur Visa Designated Organization?
The Canadian entrepreneur visa designated organization is the financial support provider that is required to be provided to investors who want to make an enterprise in Canada. Individuals who want to have a Canadian entrepreneur visa and want to carry their entrepreneurship to Canada must receive investment and funding support from organizations determined by the Canadian Government before they can have a say in an entrepreneurial activity in Canada. Investors who want to obtain a Canadian entrepreneur visa will provide an important document-like support letter for the use of entrepreneurial individuals through previously determined organizations if they conduct research and receive support from fund owners and companies who want to make an investment before the investment to be launched in Canada. In order to obtain a Canadian stop-up visa, the support letter to be provided from the designated organizations is used to obtain a visa at the Canadian consulate.
Sufficient Funds for Canada Startup Visa
The fund required for a Canadian startup visa is the financial limit determined by the Canadian government for individuals who come to Canada as investors and entrepreneurs, from the establishment phase of the investment to the transition phase to life, and is deemed necessary and mandatory for them to sustain their lives. Individuals who will conduct investment and entrepreneurship activities in Canada must have at least 13,000 Canadian dollars per person and 3,000 Canadian dollars for each additional person.
Language Requirements for Canada Startup Visa
To obtain a Canadian start-up visa, it is mandatory to have at least one of the official languages spoken in Canada. The official languages of Canada are English and French. The person who wants to apply for a Canadian start-up visa must have language proficiency in French, English or both languages (CLB5) before applying. (On the Canadian IRCC page, there are lists of approved institutions such as IELTS or CELPIP for English; TEF Canada or TFC Canada for French.)
What are the Required Documents for a Canada Startup Visa?
The documents required for a Canadian startup visa are listed below.
- Standard documents required for any Canadian visa application,
- Copies of travel documents / passports. Name and date of birth, passport number, expiration date, as well as any previous changes made to information such as name, date of birth, expiration date,
- Proof of language proficiency test validity,
- A letter of support from the designated organization,
- Birth certificates,
- Marriage certificate or divorce/annulment certificate, (In default case)
- If there is more than one marriage record, display of the necessary past documents for each marriage,
- Death certificate for ex-spouse/common law partner (in default case)
- If there is a common law partnership: Statutory Declaration of Common Law Union (IMM 5409 – original) and proof of living together for at least 12 months (could be a shared apartment lease, shared bills, common address, etc.)
- For people with children, information about the child-children, such as birth certificates, adoption certificates or custody certificates (in the default case)
- National IDs or family or household records
- The individual’s criminal record and permits. They must be from each country/territory where the individual has resided for six months or more.
- Photos according to Canada’s requirements (2 biometric photos of 35mm and 50mm size)
- Bank account statements (last 6 months)
How to Apply for a Canadian Entrepreneur Visa?
In order to apply for a Canadian entrepreneur visa, the first step is to fill out the Canadian Entrepreneur visa application form, which can be accessed online at https://www.canada.ca/en/immigration-refugees-citizenship/.
The Canada entrepreneur visa application order is listed below.
- Filling out the Canada entrepreneur visa application form,
- Gathering the requested Canadian entrepreneur visa documents,
- Making an appointment with VFS Global Intermediary institution or intermediary institutions working under the name of VFS Global (All visa application procedures are handled by various representatives in our country of VFS Global, an organization operated by Canada to carry out official visa procedures in various parts of the world.)
- Going to the brokerage firm on the appointment day and delivering the necessary documents.
- When the visa is finalized, go to the intermediary institution to receive the passport and learn the result.
It is very important to fill out the application form correctly and without errors, and to gather the required documents as requested, in order to have a positive result in the application.
What to Do After Canada Entrepreneur Visa Application is Accepted?
After the application for a Canadian entrepreneur visa is accepted, those who will enter new formations in Canada can enter the country within 6 months after the necessary consular procedures (such as residence permit, interview if deemed necessary by the consulate). Canadian entrepreneur visa holders can provide transactions in projects based on the project being developed, such as signing for a project that is deemed appropriate to be developed within Canadian territory, with the financial support they receive from their sponsors, the entrepreneur’s own capital, temporary residence information specified in the Canadian entry procedures and a letter of support in order to carry out their entrepreneurial activities. Entrepreneurs with a Canadian entrepreneur visa can apply for a temporary residence permit from Canadian Consulates before going to Canada. (In cases where residence within Canadian territory is required.)
State Nominee Program Entrepreneur and Investor Visa Options
The Provincial Nominee Program (PNP) is an entrepreneur and investor visa program that allows each province and territory in Canada to grant Canadian provincial nominee visa applicants with the right skills and work experience the authority to come, live and reside in Canada.
Canada nominee program entrepreneur and investor visa options are listed below.
- Alberta, (self-employed farmer program)
- British Columbia, (investor and entrepreneur visa program for immigrants from the UK)
- Manitoba,
- New Brunswick,
- Nova Scotia,
- Northwest region,
- Newfoundland and Labrador,
- Prince Edward Island, Ontario
- Saskatchewan Yukon,
Canadian provincial nominee programs encompass at least one entrepreneur or investor visa category, dedicated to individuals looking to expand or start a business in Canada .
Alberta Entrepreneur and Investor Visa Options
The Alberta entrepreneur and investor visa is a type of visa that covers self-employed farmers.
Alberta is the province that needs to be recognized under the Alberta entrepreneur and investor visa, and has the right housing and population density to start a business. Alberta is home to the world’s 3rd most livable city, Calgary, and is the place where farmland investment options top the list compared to other Canadian provinces. Alberta is Canada’s second largest agricultural producer; its diverse landscapes make land suitable for investment and enterprise for crop production, livestock production and much more. There is currently only one Investment Visa option in Alberta, the Self-Employed Farmer Visa.
Alberta – Self-Employed Farmer Visa Visa Requirements
The requirements for the Alberta-self-employed farmer visa are listed below.
| Farming Skills | Individuals can prove that they have farm management skills as follows.Financial documents of the current farm business,Through documents proving work experience, education and course achievements,With a detailed work planning schedule/program,With evidence that a Canadian financial institution will invest in their business plan. |
| Financial requirements | A requirement to invest at least C$500,000 in a primary production farm business in the province. |
| Investment requirements | Providing a detailed business plan highlighting investment plans that take into account Alberta’s agri-food goals (business plans believed to have the best chance for growth will be considered first). |
British Columbia Entrepreneur and Investor Visa Options
British Columbia is home to one of Canada’s most resilient, diverse and competitive economies, making British Columbia a prime destination for new and expanded investment due to its diversity and competitive environment. The capital of the province of British Columbia is Vancouver, and it is well-positioned to facilitate global trade routes including the United States, Asia and Mexico. Businesses in British Columbia are heavily supported by the fiscally responsible Canadian government, and the opportunities available provide excellent opportunities for investment in the region. British Columbia has a highly educated (skilled) workforce of over 2.4 million, making it a great place to start.
British Columbia currently has two investor visa options:
- British Columbia Entrepreneur Immigration Stream Visa: The British Columbia Entrepreneur Immigration Stream Visa can be obtained by entrepreneurs who want to start their own business in Canada.
- British Columbia Regional Pilot Visa: A British Columbia regional pilot visa is available to investors who wish to enter into an existing business within Canadian territory as an investor-partner.
The requirements for the British Columbia entrepreneur stream visa and the British Columbia regional pilot visa are as shown in the table below.
| Personal needs of the person | Minimum deposit requirement of 600,000 CAD,CV requirement showing business or management experience,Legal requirements for immigration to Canada. |
| Person’s job requirements | Starting a new business suitable for home deposit or purchasing or developing an existing business,A minimum of 200,000 CAD must be invested in the initiative to be launched,Establishing at least one full-time business is required to qualify for Canadian citizenship or permanent residency. |
British Columbia Regional Pilot Visa
- Establishing a new business, establishing a new business-enterprise, and settling in a regional community with a population of less than 75,000. (It is a practice aimed at preventing migration to large cities and the efficient use of Canadian lands.)
- The need to conduct an exploratory visit to the community,
- A minimum investment of CAD 100,000 is required in a qualifying business.
- The person wishing to become an investor must have a personal net worth of at least 300,000 Canadian dollars.
- The requirement that the person wishing to become an investor must own at least 51% of the company,
- The business in which the partnership is subsequently involved must be operational within a maximum of 6 months after the partnership transactions.
Manitoba Entrepreneur and Investor Visa Options
The Manitoba region covered by the Mantibo entrepreneur and investor program is not too big or too small, and its average area and population summarise itself quite accurately. Mantibo is a Canadian province that is particularly suitable for investors who want to start their investments in smaller, more welcoming communities. Manitoba is a land of natural beauty filled with safe, clean and friendly towns, while the capital city, Winnipeg, is known worldwide for its strong economy, low cost of living and quality career opportunities. The cost of living in Manitoba is so low that 76% of immigrants are able to own a home within the first five years of living in the province. The favorable conditions provided by Manitoba in terms of the cost of living in the Canadian province are undoubtedly the most obvious of the many reasons why 95% of immigrants settle permanently in Manitoba after immigrating to Canada.
Manitoba currently has two entrepreneur and investor visa programs:
- Manitoba entrepreneur visa
- Manitoba Farm investor visa
Manitoba entrepreneur and investor visa program requirements are listed in the table below.
| Work Experience | Three years of full-time work experience as an active business owner or senior executive of a successful business within the last five years (Business owners receive more points than senior executives.)To qualify for points as a business owner, you must own at least one-third of the business. |
| Language Ability | A minimum level 5 score in English or French on the Canadian Language Benchmark test. |
| Education | The investor candidate must have completed high school education. |
| Age | There is no age requirement, but investor candidates between 25 and 49 receive extra points. |
| Workplace investments | If the business is located in the Manitoba capital region, a minimum investment of $250,000 is required.If the business is outside the Manitoba Capital Region, a minimum investment of $150,000 is required.The business must create at least one job opportunity for permanent residents or Canadian citizens. |
| Business research visit | The job search visit must be made no later than one year before submitting an application. |
| Adaptability | Adaptability scores are received in the following cases:Spouse or fiancé has a Canadian language benchmark score of five or higher.The investor or their spouse/common law partner must have a Canadian language proficiency level of five or higher in a second official language.If the investor or their spouse has a close relative who has lived in Manitoba for more than one year.Have a child who is studying full-time at an accredited Manitoban educational institution for at least six months prior to the date of submission of the expression of interest;The investor or their spouse must have completed at least one year of full-time study at a Manitoban tertiary institution.The investor or their spouse must have six months of continuous work experience in Manitoba. |
| Net Worth | Have a net worth of at least $500,000 CAD. |
| Job performance contract | Once the application is approved, a work performance contract is signed. |
| Farming experience | Have at least three years of farm ownership and operation experience. |
| Language Ability | Competence in French or English. |
| Investment requirements | The farm operation must be located in rural Manitoba.The requirement to invest at least CAD 300,000 in the farm business,The requirement that investments be in tangible assets,The application must be accompanied by a farm business plan. |
| Farm research visit | Requirement for a farm work research visit to the province. |
| Farm work activities | The farm business must have ongoing and recurring operations in rural Manitoba.The farm must be lived in and the investor must be an active participant in the management of the farm.The requirement that the farm business be in primary agricultural production,The need to conduct value-added farm business activities in the province. |
| Economic adjustment | Practical farming skills, technical knowledge and experience in technological agricultural practices that will adapt to Manitoba’s primary farm production industry. (qualification) |
| Net Worth | Requirement to have at least $500,000 in cash. |
New Brunswick Entrepreneur and Investor Visa Options
New Brunswick entrepreneur and investor visa holders live in New Brunswick, which offers lush forests, crystal clear lakes, majestic mountain ranges, and beautiful beaches for new businesses and investors. New Brunswick is home to the Bay of Fundy, which has the highest tides in the world. There is no denying the fact that New Brunswick has some of the best job opportunities in all of Canada. A skilled workforce awaits those who want to invest or start a business in New Brunswick. New Brunswick has the highest graduation rate and fastest internet in the country, making it the number one spot for productivity. New Brunswick has the lowest operating costs, making it a great place to start new businesses in the province, which is why Fredericton, the capital of New Brunswick, won the 2016 Startup Community of the Year award.
There are currently two entrepreneur and investor visas in effect in New Brunswick. The New Brunswick entrepreneur and investor programs are as follows.
- New Brunswick entrepreneurial stream visa,
- New Brunswick post-graduation entrepreneurship stream visa.
New Brunswick entrepreneur visa requirements are listed below.
New Brunswick Entrepreneur Stream Visa Requirements
- The business has a suitable connection to the state,
- The investor must be between the ages of 22 and 55,
- Have achieved a level of 5 or higher on the Canadian Language Benchmark in all four categories of language proficiency tests (reading, writing, speaking, listening) in French or English.
- Having completed at least two years of higher education after graduating from high school,
- Personal net worth verification, minimum of 600,000 CAD
- Have at least 3 years of work experience in managing and owning at least 33.3% of a business within the last 5 years or have 5 consecutive years of work experience in a senior business management role.
- Intention to live permanently in the province when purchasing and managing a local business,
- The investor must be able to invest at least 250,000 CAD when establishing a business.
New Brunswick Post-Graduation Stream Entrepreneur Visa Requirements
- Being between the ages of 22 and 40,
- The requirement to achieve Canadian Language Benchmark Level 7 or higher in French or English in all four categories of the language proficiency test (reading, writing, speaking, listening),
- The requirement to have completed a full-time tertiary degree or two-year diploma at a recognized university or community college in New Brunswick,
- The investor must have lived in the province while studying within the borders of Canada,
- The requirement to have managed and owned 100% of a business in the state for at least one year
- The requirement to have a valid post-graduation work permit,
- Requirement to demonstrate intent and ability to reside in the state.
Nova Scotia Entrepreneur and Investor Visa Options
If people who want to be investors are concerned about not losing sight of important things in life such as family while planning their new business and living conditions, if they want to achieve the peace of the ultimate balance, there is no need to look any other province than Nova Scotia, which includes Nova Scotia entrepreneur and investor programs. Nova Scotia, one of Canada’s Atlantic provinces, opens its doors wide to new investors and entrepreneurs and innovative minds to establish a business in the province.
Nova Scotia is a Canadian province with abundant natural resources that have created lucrative industries in agriculture, fishing, mining, forestry and natural gas extraction, and a variety of resources, along with a low cost of living, make it easy for entrepreneurs and investors to find success in the province.
There are currently two Entrepreneur Visa options available in Nova Scotia.
- Nova Scotia Entrepreneur Visa,
- Nova Scotia International Graduate Visa.
Nova Scotia entrepreneur visa and international graduate visa requirements are listed below.
Nova Scotia Entrepreneur Visa Requirements
- Must be at least 21 years old,
- Intend to live permanently in the state while actively managing and owning the business.
- Personal net worth must be at least 600,000 CAD.
- The investor candidate can invest a minimum of 150,000 CAD in the business of his/her choice,
- Have at least three years of experience in owning and managing at least one-third of a business or have at least five years of experience in a senior management position.
- Have achieved a Canadian Language Benchmark level of 5 or higher in French or English in all four categories of the Canadian language proficiency test.
- Completion of online declaration of interest in the state,
- Receiving an application invitation from Nova Scotia immigration.
Nova Scotia International Graduate Visa Requirements
- Having the intention to live permanently in the province while actively managing and owning the business,
- The prospective investor must have managed and owned 100% of a business in the state for at least one year.
- Have completed a full-time higher education diploma or two-year degree from a recognized university or community college in Nova Scotia.
- Achievement of Canadian Language Benchmark level 7 or higher in French or English in all four categories of the test.
- Having a valid post-graduation work permit,
- Completion of online Expression of Interest status in the state,
- Receiving an application invitation from Nova Scotia immigration office.
Northwest Territories Entrepreneur and Investor Visa Options
The Northwest Territories is the third largest producer of diamonds in the world, and the Northwest Territories in Canada is home to a unique natural wonder known for its aurora borealis views. The Northwest Territories is a major business area as well as a natural wonder. Over the past few years, Canada’s Northwest Territories has seen growth in agriculture, fishing and manufacturing, and has achieved continued success with one of the fastest growing GDPs in Canada, while having one of the lowest business tax rates.
The Northwest Territories has the lowest unemployment rate in all of Canada, with a highly engaged workforce and well-educated citizenry. The government in the Northwest Territories has recognized the importance of business investment and has created several incentive programs for business and investment.
There is one type of entrepreneur visa in force in the North West Territories, the current program is the North West Workflow Visa.
The requirements for obtaining a Northwest Workflow Visa are listed below.
| Investment requirements | One of the following investments must be committed.Availability of at least $300,000 CAD to purchase or start a business within the corporate boundaries of Yellowknife,Availability of at least CAD$150,000 to purchase or start a business outside of Yellowknife’s corporate boundaries. |
| Net worth requirements | Proving that you have personal net assets,A minimum of $500,000 to start or buy a business within Yellowknife’s corporate limits,A minimum of $250,000 to start or buy a business outside of Yellowknife’s corporate boundaries,$75,000 for a good faith deposit to the Ministry of Industry, Tourism and Investment after the application is accepted. |
| Personal requirements | In case of owning at least one-third of the business or in case of owning less than that, having invested at least 1,000,000 CAD in the business,Have a level 5 Canadian language proficiency test in English or French,Have demonstrable knowledge and understanding of the region’s economy to ensure the business brings growth to the region.Be able to complete at least one business trip to the region to research the business environment,Having the experience and qualifications to successfully implement the business plan,Intend to settle full-time in the Northwest Territories. |
Newfoundland and Labrador Entrepreneur and Investor Visa Options
The Newfoundland and Labrador entrepreneurial investor visa is applied to Newfoundland and Labrador, where small businesses are the driving force of its economy, with 40% of the population employed by small businesses. Despite the many new businesses in Newfoundland and Labrador, the Canadian territory’s business potential remains largely untapped. Newfoundland and Labrador has a thriving technology industry and relaxing landscapes, while also being a great source of adventure and eco-tourism opportunities. While Newfoundland and Labrador clearly needs a larger food supply, there is plenty of opportunity and demand for investment in the agricultural sector.
There are currently two new entrepreneur and investor visa options available in Newfoundland and Labrador for those hoping to start a business in the international entrepreneur and international graduate entrepreneur streams, as listed below.
- Newfoundland and Labrador international entrepreneur visa,
- Newfoundland and Labrador international graduate entrepreneur visa.
Newfoundland and Labrador international entrepreneur visa requirements are listed below.
| Personal requirements | Being between the ages of 21 and 59,Submit a verified business plan,Minimum education level of high school graduation,Intend to live permanently in the province while owning and managing a local business that has the potential to provide economic benefits to local communities.Participating in the active and continuous management of the business,Have personal capital of 600,000 Canadian dollars,The availability of opportunities to invest a minimum of 200,000 CAD to establish a business that generates at least one-third of its turnover,Be a Canadian citizen or permanent resident and have at least one business venture,To show that the business is for profit, with the main purpose of making a profit by providing services or selling goods,Have at least two years of experience in managing and owning a business within the last five years, or five years of experience in a senior management role within the last five years.Have at least level five in French or English in four categories of the Canadian language benchmark test,Complete the expression of interest in the business (EOI),Receiving an invitation to apply (ITA) from the Newfoundland and Labrador immigration office. |
| Job requirements | The business must:To meet legal standards,To appear as a permanent establishment as defined by the Canadian Income Tax Regulations,Being able to bring economic growth to the state. |
| Additional requirements when starting a business | When planning a business start-up, at least one job position needs to be created for a Canadian citizen or permanent resident of Canada and the job position can be related to the duties listed below.Assistantship in addition to your own position,The main employee directly involved in the job,Part-time worker who complies with society’s wage standards. |
| Additional requirements to follow when purchasing a business | Purchasing a business that has been in continuous operation by the same owner for the last five years,Complete a discovery visit to meet the current owners of the business.Buying an active business,Offering similar employment conditions to existing staff,Documentary evidence that efforts have been made to ensure a fair market value for the business. |
| Partnership requirements | If a partnership is to be formed with several applicants (maximum 10 per applicant), each person wishing to obtain permanent residence through the partnership must:Invest at least 200,000 Canadian dollars in the partnership and own at least one-third of the company;Invest a minimum of $1,000,000 CAD. |
| Personal requirements | Be at least 21 years old,Submit a verified business plan,Have gained a tertiary qualification after two years of study at Memorial University or the College of the North Atlantic,Have a valid post-graduation work permit,Intend to live permanently in the province while owning and managing a local business that has the potential to provide economic benefits to local communities.Have at least one year of experience in actively managing and owning the existing business (at least one third of the business),Open at least one job position for any Canadian citizen or permanent resident,To show that the business is for profit, with the main purpose of making a profit by providing services or selling goods,Have at least level seven in French or English in four categories of the Canadian language benchmark test,Completion of the expression of business interest (EOI),Receiving an invitation to apply (ITA) from the Newfoundland and Labrador immigration office. |
| Job requirements | The business must:It should be created as a career goal, not just for immigration purposes,Must meet legal standards,Must be treated as a permanent establishment as defined by the Canadian Income Tax Regulations,Must have the potential to generate economic growth for the state. |
| Additional requirements when purchasing a business | Purchase of a business that has been in continuous operation by the same owner for the last five years,Completing a discovery visit to meet the current owners of the business,Purchasing an active business,Offering similar employment conditions to existing staff,Demonstration that efforts have been made to ensure a fair market value for the business. |
Ontario Entrepreneur and Investor Visa Options
Ontario, where the Ontario entrepreneur and investor visa is applied, is the province with the most skilled workforce in the world according to the 2017 prosperity rankings. 68% of adults living in Ontario have a post-secondary education, and the 68% post-secondary education rate makes the province the most educated province in Canada. Starting a business in Ontario provides the working population with some serious qualifications. Ontario benefits from average operating costs compared to other provinces, so corporations pay less taxes; expenses are significantly lower for health care and housing. Two of Ontario’s largest cities, Toronto and Ottawa, are among the best places to live and work in the world.
In cases where an applicant wishes to gain permanent residency in Canada by establishing, investing in or purchasing a business in Ontario, two different entrepreneur visas, listed below, must be obtained.
- Ontario corporate stream visa,
- Ontario entrepreneur stream visa.
Prince Edward Island Entrepreneur and Investor Visa Options
Prince Edward Island (PEI) is Canada’s smallest province, but its potential for business and economic growth knows no bounds. As one of the Maritime Provinces, PEI is in need of immigrants, especially foreign entrepreneurs and investors, to help build its growing economy, which is being greatly affected by the aging workforce that is sweeping across Canada. Recognizing the importance of new business development, the Prince Edward Island government offers a number of supportive initiatives, such as the Startup Fund, to entrepreneurs looking to start a new business in the province, ensuring that your work in PEI is secured under favorable conditions, with ample resources at your disposal and the relaxed atmosphere of the coastal towns. The Prince Edward Island Work Permit Flow Visa is the only type of work visa currently available in the province.
Prince Edward Island entrepreneur and investor visa requirements are listed below.
Prince Edward Island Entrepreneur and Investor Visa Requirements
- Have net assets of at least CAD 600,000,
- Graduation from high school or another secondary school equivalent,
- Being between the ages of 21 and 59,
- Ability to transfer management skills, past employment or business ownership experience to a new business in Prince Edward Island
- A minimum of a grade 4 in the Canadian language benchmark exam in English or French,
- Having the intention to live and work permanently in the province,
- Playing an active role in the daily operations and ongoing management of the business.
Saskatchewan Entrepreneur and Investor Visa Options
Saskatchewan is a conveniently located province in central Canada, just two days’ drive from the United States; with its robust highway, rail, and air transportation infrastructure, the province is well-suited to manufacturing and distribution. With the lowest provincial taxes in Canada and large reserves of resources in the forestry, mining, agriculture, and energy sectors, businesses can thrive in Saskatchewan, taking advantage of lower operating costs. Saskatchewan is a rural province, making it easy to start a business and find employees, as Saskatchewan has the third-largest percentage of young workers in Canada. Unlike other Canadian provinces that suffer heavily from an aging workforce, Saskatchewan has a wide selection of talented workers to help your business venture succeed.
Saskatchewan currently has 3 different entrepreneur investor visa options in force. Saskatchewan entrepreneur and investor visas are listed below.
- Saskatchewan entrepreneur category visa,
- Saskatchewan farm owner and operator category visa,
- Saskatchewan farm owners and operators – young farmer stream visa.
Saskatchewan entrepreneur and investor visa requirements are listed below.
| Minimum entry criteria | Minimum net worth of CAD$500,000 in assets,Have at least three years of business management or entrepreneurship experience within the last 10 years,If the business is located in Regina or Saskatoon, have the intent to invest at least $300,000 CAD, if located elsewhere, have the intent to invest only $200,000 CAD. |
| Business Organization Plan requirements | The business setup plan should include:A detailed business start-up plan in Saskatchewan,Owning at least one-third of the business unless at least CAD 1,000,000 is invested in the business,Commitment to playing an active and ongoing role in the day-to-day management of the business,If the new business is located in Regina or Saskatoon, a minimum of two positions are available to Saskatchewan permanent residents or Canadian citizens. |
Saskatchewan Rancher and Operator Category Visa Requirements
- Personal net worth is 500,000 Canadian dollars or more.
- Signing a performance agreement that demonstrates your commitment to purchasing and actively operating a farm in Saskatchewan.
- A reconnaissance visit to the state must be made for at least five working days,
- Proof of having farm business knowledge and experience,
- Have an offer for a commercial farming opportunity.
Saskatchewan Farm Owners and Operators- Young Farmer Stream Visa Requirements
- Personal net worth of C$300,000 or more
- Being under 40 years old,
- At least three years of experience in farm ownership, farm management or practical farming experience.
- Submission of a proposal for a commercial farming opportunity in Saskatchewan,
- The investor or his/her spouse must be employable in order to supplement farming income.
Yukon Entrepreneur and Investor Visa Options
Yukon is a unique region of North America in terms of its natural beauty and climate, which favors agricultural operations. Many people consider Yukon the last frontier because of its pristine natural landscape. The people of Yukon are deeply connected to nature, and individuals are generally friendly, active individuals who enjoy outdoor activities.
Starting a business in Yukon provides investors with access to a wealth of resources and unused land that is critical to business innovation. The Yukon Government has identified film, forestry, technology, mining, oil and gas and tourism as the province’s primary business sectors, and a business targeting one of these sectors will have a greater chance of success, especially with Yukoners (the largest per capita degree holder in Canada) in the workforce.
There is one entrepreneur and investor visa program in use in the Yukon province. The Yukon business candidate program visa is the currently used entrepreneur and investor immigration visa for Canada.
Yukon business candidate program requirements are listed below.
Yukon Business Nominee Program Requirements
| Personal requirements | At least 65 points in the language proficiency assessment table,Minimum high school graduation,Have three years of experience as an entrepreneur or business manager,Have five years of relevant work experience,Not being a refugee,No pending applications for any other state or territory nominee programs,Have a minimum net worth of $500,000 CAD and liquid assets of at least $300,000 USD.Have the intention to settle permanently in the Yukon;Have a position listed in the company at national occupational level 0 or below A,Proof of a minimum capital investment of CAD 300,000 (bank statements) |
| Job requirements | The business must:Be new or purchased from previous owners,To be actively managed by the person,It is not a passive investment,The business must be part of one of the following sectors:Information Technology,Manufacturing,Value added processing,Forestry,Tourism products, tourist attractions, services and facilities,Energy,Mining or mine development,Agriculture,Cultural industries,Film and video production. |
How to Apply for Canada Provincial Nominee Program Entrepreneur and Investor Visas?
In Canadian provincial candidate programs, each province and each entrepreneur-investor candidate program has different operating dynamics and requirements, and the relevant dynamics are conveyed to the candidates in detail by the Canadian government consulates and embassies. In order to have a Canadian provincial candidate program entrepreneur and investor visa, the visa procedures must be completed completely through VFS Global, which operates as the official visa application center in local country. (VFS Global is the exclusive service provider of the Canadian Government authorized to provide administrative support services to visa applicants. It can be examined in detail at https://canadasites.vfsglobal.com/) Obtaining a visa, which is one of the important steps of applying for the Canadian provincial candidate program, can be carried out in the order listed below through VFS Global.
- The visa application form, which must be filled out online, must be filled out completely.
- After gathering the necessary documents, the current application fee determined by VFS Global should be deposited into the relevant bank account.
- By making an appointment with VFS Global, the necessary documents must be submitted to the competent authority by the person(s) on the appointment date.
- Ensuring that the visa application is delivered to the visa applicant within 1 to 3 weeks upon approval.
What are the advantages of investing in Canada?
The advantages of investing in Canada as a foreigner are listed below.
- According to a World Bank survey, Canada is the easiest country to start a business in among the G20 countries.
- Canada had the second largest foreign direct investment stock among G20 countries in the 2015-2019 period.
- Canada has the most educated talent pool among OECD countries, with more than half of its population between the ages of 25 and 64 having attained tertiary education.
- With the Canada-UK trade continuity agreement of April 1, 2021, Canada now has 15 active free trade agreements covering 51 countries.
- Canada’s banking system is one of the most robust in the world, ranking second in the G20 and sixth out of 141 countries.It is also possible to benefit from sector-based incentives with investments made in Canada. Canadian entrepreneur visa holders can apply for incentives according to the relevant business field and the Canadian province in which they do business.
Can You Obtain Citizenship by Investment in Canada?
Citizenship can be applied for through investment in Canada. Individuals who meet the investment requirements, which vary for each province in Canada, investors and first degree relatives of investors can apply for citizenship from the relevant government institutions after 2 years of operating their businesses in Canada.
Application for Canadian citizenship through investment can be made at the earliest at the end of 2 years.
What Does Canadian Investment Advisory Service Include?
People who want to invest in Canada and apply for an investor visa can receive consultancy services about the entire process, starting with the preparation of the application form and petition, after being pre-assessed by rsscanadaimmigration.com.
rsscanadaimmigration.com is the only accredited organization in Canada that provides consultancy services on Canadian visa procedures, residence permits, immigration and birth in Canada under one roof.
