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T&CS Canada immigration professionals
Entrepreneur
You may qualify as an entrepreneur under the federal business immigrant program if you have legally accumulated a net worth $ 300,000 CAD and have at least 2 years business experience in a qualifying business within the past 5 years. You must also intend to purchase or invest in existing business, provide active and ongoing management of the qualifying Canadian business and create at least one full-time job equivalent for Canadian citizens or permanent residents outside your family.
When you apply as an entrepreneur, you will be asked to provide a conclusive proof of how you obtained your funds, of your previous business experience and of your intentions to establish a business in Canada. If you are used to deal in cash, you will have a hard time to provide the required proof.
If you meet the requirements of this category and your application is approved, you will have three years after you become permanent resident to meet the terms and conditions of your immigrant visa. In these three years you have to meet the conditions for a period of at least one year:
Once you have complied with the terms and conditions of your immigrant visa, you must ask the Minister to remove the restrictions on your visa. These terms and conditions apply to your family as well. If you don't comply with them, your immigrant visa (and your family's) may be revoked and you may have to leave Canada.
As a good businessman, you should know that it is important to consult a professional before you decide to apply under this category.
We are here to help you with anything concerning immigration to Canada. Due to the complexity of business applications, we will not be able to do full analysis of your situation in the free-of-charge assessment. You may still fill the questionnaire out but you will find that vital information is missing from the assessment sheet. If you want to be assessed as a business immigrant, please fill out the paid assessment questionnaire and pay the nominal fee. After you receive your report, you can decide how you wish to proceed.
Contact T&CS Canada if you have questions or doubts. We are here to help you with anything concerning immigration to Canada.
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