Getting a Canada Investment Visa is a very popular method for a foreigner to migrate to Canada. There are several types of visas, including the EB-5, the Federal Start-Up Visa and the C11 Entrepreneur Visa.
EB-5
EB-5 immigration to Canada via investor visa program is a popular option for many foreign nationals who are seeking to settle in Canada. This visa program allows foreign nationals with capital to invest in a commercial enterprise in the United States, which creates at least ten full-time jobs for US workers. It is also one of the quickest paths to becoming a lawful permanent resident in the United States.
The program is open to people from all countries. The visa is valid for two years, and there is a cap of 10,000 visas annually. EB-5 investors can also sponsor their immediate family members for lawful permanent residency in the United States.
To be eligible for the EB-5 program, you must first make an investment in a business in the U.S. This investment must be in a targeted economic area (TEA), which are typically high-unemployment areas. In addition, you must show that the investment will create at least ten full-time jobs in the United States. You can also claim credit for indirect job creation.
C11 Entrepreneur
During your application, you will need to provide an accurate business plan that shows that your proposed business will benefit Canadians and that you have the resources to establish and run your business. This is a challenging process, and you will likely need professional help to avoid making mistakes. You can contact Nationwide Visas for a free counselling session.
Entrepreneur C-11 visa is for self-employed professionals who can create a business that provides significant social and economic benefits to Canada. In order to qualify for this visa, you must have a viable business plan, have sufficient resources, and be willing to create a network of Canadian vendors and associates.
The first step in applying for a C11 entrepreneur visa is to have a business plan that shows that you have the resources to establish and run a profitable business. This includes obtaining funding for a start-up. You must also be willing to hire workers and establish a network of Canadian vendors and associates.
Quebec Entrepreneur
Those who want to start their own business in Canada can qualify for the Quebec Entrepreneur – Canada Investment Visa. This program is designed to promote economic development in the province of Quebec and encourage immigrants to invest in the local economy. In order to qualify for the Quebec Entrepreneur – Canada Investment visa, you must be an entrepreneur with an innovative business idea.
You must also have the financial means to establish your business. You can start your business alone or in partnership with other individuals. You must have at least CAD$2 million in net assets and be willing to invest CAD$1 million in your business for a period of five years.
You must also have a minimum of two years of business management experience. You must be able to show that you have responsibilities related to planning, management, and resources. You must also have a business plan describing the business and the feasibility of it.
The Quebec Investor Program is the only Canada Investment Visa that can be obtained by international business people. It is administered by the Quebec government.
Federal Start-Up Visa
Designed for innovative entrepreneurs with innovative business ideas, the Federal Start-Up Visa offers a direct path to Permanent Residence. This visa program encourages foreign entrepreneurs to come to Canada and establish new innovative businesses that create jobs and stimulate economic growth.
The federal government has designated a number of venture capital funds and business incubators to support the Start-up Visa Program. These organizations provide funding, business expertise and assistance with start-up operations.
The minimum investment required is $75,000 from a Canadian venture capital fund or angel investor group. The organization must provide a commitment certificate and letter of support. These are the two necessary pre-conditions in the startup visa process.
Applicants are required to demonstrate a minimum level of proficiency in one of Canada’s official languages. These tests measure listening, reading and speaking skills. If an applicant does not meet the minimum requirements, their application will be refused.
Start-up visa applicants must show evidence of sufficient financial resources to support themselves and their dependents. The amount of funds required depends on the number of family members.
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