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Canada Business Immigration

If you are a business person or manager looking to immigrate to Canada, the Business Immigration Program that is usually referring to as Entrepreneurs programme may be an important fast-track Canadian immigration option for you.

If you’re looking to make an investment in Canada or to start/acquire a business in Canada, the provincial nomination programme stream for Entrepreneurs are the steady avenues for you to choose. Canada’s PNP programs allow provinces to nominate individuals for immigration based on criteria set by the provincial government. Successful applicants obtain a provincial nomination, which may then to apply to Immigration, Refugees and Citizenship Canada (IRCC) for permanent residence.

(Please noted most of the investor’s programme were suspended or cancelled at federal and provincial government levels.)

Entrepreneurs

Most of the provincial run Entrepreneur Programs are in the two-stage processes. First, the experienced business applicant who decides to own and run businesses in Canada that contribute to the economy and create jobs must tender the interests of the province of choice as Express of Interest (EOI). In some provinces, EOI is used together with the scoring points. In Ontario, for example, there are Self-declared Scoring matching against three factors, namely Human Capital (80 points), Investments (46 points) and Business Concept (74 points) totalling 200 points for assessment. Like many other ranking systems in Canada, the highest-ranking applicants will possibly win the EOI draws.

Once the submission of EOI is approved, you will need to get one of the government-approved accounting firms to verify your net worth. All the information includes your business plan, will be staying in the EOI pool for 12 months until the province will issue a Letter of Advice to Apply (LAA). If you cannot get a LAA within a year, your application is subject of removal from the pool.

Once everything gets going according to the plan, most provincial governments will sign a Business Performance Agreement (BPA) with you before issuing you a provincial Support Letter complete the provincial process.

In the second stage, you will apply for your work permit at the federal government to come to Canada with legal status and fulfil your BPA. From this point, the provincial government may monitor your business operation and match against the BPA and your family settlement plan from time to time. They may ask for your payroll, bank statements, tax returns, rental leases and other documents in official visits or other forms of communications. The exact length of this is varied from province to province. Once proven your business is running as your BPA describes, the province will issue you a nomination certificate that will help you to apply for Canada permanent residency with your family.

Please note that:

  • Some PNP Canada streams are aligned with the federal Express Entry (EE) immigration selection system, while some are managed entirely outside Express Entry.
  • Some PNP Canada streams require applicants to have a job offer, while other streams do not.
  • Some PNP Canada streams allow individuals to apply directly, without first being invited to apply, while other streams operate on an EOI basis, whereby eligible individuals must first be invited to apply before submitting an application.
  • Quebec does not operate a Provincial Nominee Program, but instead manages its own provincial immigration program.