Setup a business in Canada with North Vista Management

How To Apply For a Canadian Business Immigration Visa

If you are ready to start a business in Canada, you may be eligible for a permanent residence through the Canada Business Immigration Program.

TYPES OF BUSINESS IMMIGRATION PROGRAM

START-UP-VISA

PROVINCIAL NOMINEE PROGRAM

SELF-EMPLOYED

START-UP VISA PROGRAM DETAILS

Canada seeks innovative entrepreneurs who have the potential to build dynamic companies that can compete on a global scale. The Start-Up Visa Program links immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups.

Benefits of the Program

• The Start-up Visa Program will enable immigrant entrepreneurs to launch innovative companies that will create jobs in Canada, and eventually, compete globally.
• The Program will provide entrepreneurs with valuable assistance in navigating the Canadian business environment which can sometimes prove challenging for newcomers.
• The Program will provide private sector firms with access to a broader range of entrepreneurs, including the best and the brightest minds from around the world.

Eligibility for the Start-up Visa Program:

STEP 1: PROVE YOUR BUSINESS VENTURE OR IDEA IS SUPPORTED BY A DESIGNATED OORGANIZATION

Before you apply for the start-up visa, you must convince a designated organization to support your business idea. If the designated organization supports your business idea, it will give you a Letter of Support. You must include your Letter of Support with your application as proof that a designated organization supports your business idea. If you do not have a Letter of Support from a designated organization or do not meet any of the eligibility requirements below, your application will be refused.

DESIGNATED ORGANIZATIONS INCLUDE:

• Designated Venture Capital funds
• Designated Angel Investor groups
• Designated Business incubators

STEP 2: MEET YOUR LANGUAGE REQUIREMENTS

Being able to communicate and work in English, French or both will help your business in Canada. You must prove your ability in English or French in these four areas:
• Speaking
• Reading
• Listening
• Writing
You must meet the minimum level of Canadian Language Benchmark (CLB) 5 in either English or French for all four language abilities.Please fill in our inquiry form to know your Canadian Language Benchmark score.

STEP 3: MEET THE EDUCATION REQUIREMENTS

You must provide proof of your education with your application. Specifically, you will need:
• Proof of having completed at least one year of post-secondary education.
• Proof that you were in good standing during at least one year while you were attending a post secondary institution.
• Your proof of education may be in the form of transcripts and a letter of good standing, or certificate or diploma or degree.

STEP 4: HAVE SUFFICIENT SETTLEMENT FUNDS

•The Government of Canada does not provide financial support to new Start-up business visa immigrants.
• You must show that you have enough money to support yourself and your dependants after you arrive in Canada. You cannot borrow this money from another person. You must be able to use this money to support the costs of living for your family.
• You will need to provide proof of your funds when you submit your application for immigration.
• The amount of money you need depends on the size of your family.

PROVINCIAL NOMINEE PROGRAM DETAILS

Each province has its own Business Immigration program.
An important pre-requisite of business investor within a province is to have a clearly defined business plan and mission statement. Your business plan will be tested against the economic criteria of each specific province.
Main criteria are:
• Have a net worth specific to the province’s requirements (this can vary between $150,000 to $3 million).
• Have a clear definition of your business vision backed by a well formulated business plan.
• Must have proven business experience either working as a senior managerial position or running your own business operations.

We can help business entrepreneurs throughout the process.
Business Planning for Entrepreneur Category
Are you planning to start a new business?
Are you an entrepreneur trying to implement your idea?
Individuals can have big ideas, however, successful planning and implementation of the idea can be a difference between failure and success of your business. An effective business plan can also be a factor in determining whether or not you receive the necessary funding from financial institutions to get your business up and running.
Business Planning is a crucial aspect of any business.
Having access to a wide skillset and assistance of experienced and knowledgeable consultants can help assure the success and future sustainability of businesses.
HOW CAN NORTH VISTA IMMIGRATION CONSULTANTS HELP YOU? Our consultants have been in this field for a long time. Their credentials and extensive experience can provide you with the guidance your entrepreneurship needs;
Utilizing our consultant’s expertise will not only help you plan and manage your business, but will also help grow your business in future;
The benefits of our good business planning are bound to outweigh the cost associated with it;
Create budget reports, help secure finances and reduce all kinds of risk in future Our team can generate qualitative and quantitative results for you;
We will provide guidance and assist you with planning, managing, and implementing your business model;
We will introduce you to diverse perspectives and ways of handling with conflicts that may arise during your business venture and negotiations;
Our dedicated consultants will also offer you the financial and accounting expertise;
Provide insight into several different business dynamics and analyses of markets;
Contingency planning, financial, legal and tax implications

SELF-EMPLOYED DETAILS

Self-employed person means a foreign national who:
• has relevant experience,
• intends and is able to be self-employed in Canada, and
• can contribute to Canada’s economy in one of the required areas.
Relevant experience for a self-employed person means at least two years of experience.
It must be during the period starting five years before the day you apply and ending on the day we make a decision on your application. The experience must be:
For cultural activities:
• two one-year periods of experience in self-employment in cultural activities, or
• two one-year periods of experience in participation at a world class level in cultural activities, or
• a combination of a one-year period of experience described in A above, and a one-year period of experience described in B above.
For athletics:
1. Two one-year periods of experience in self-employment in athletics, or
2. Two one-year periods of experience in participation at a world class level in athletics, or
3. A combination of a one-year period of experience described in 1 above, and a one-year period of experience described in 2 above
4. Buying and managing a farm, two one-year periods of experience managing a farm.
Specified economic activities for a self-employed person, means:
• cultural activities,
• athletics, or
• buying and managing a farm.
Activities for a self-employed person selected by a province are decided by the laws of the province.
Medical, security and other requirements
You and your family members must have a medical exam and get police certificates.
You must also show that you have enough money to support yourself and your family after you get to Canada.
Selection criteria
Self employed person are selected on the following criteria:
1. Experience
2. Education
3. Age
4. Language abilities, and
5. Adaptability
35/100 points are required in the criteria above to proceed for application under self-employed category of business immigration.

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Comments

Canada ranked top nation for immigration and investment

By Shelby Thevenot – CIC News / 2019 / November

People from around the globe have deemed the Canadian brand one of the best in the world.

The rankings were based on 20,035 online interviews conducted with adults over the age of 18 in 20 countries.

Canada placed first in three of the six individual categories that were used to rank the 50 countries — immigration and investment, people and governance. It was also the only nation in the top five that improved its standing in governance, culture, and tourism.

This year Canada ranked third out of 50 countries on the Anholt-Ipsos Nation Brands Index, up from fifth place overall in 2018. Only France and top-ranked Germany scored higher than Canada.

Nathan Phillips Square, Toronto, Canada

MORE DETAILS

This is the second year in a row that Canada ranked first for immigration and investment, which considers a country’s power to attract people to live, work or study as well as perceptions of its quality of life and business environment.
The immigration and investment score is based on five “composite attributes” — work and live, quality of life, educational qualifications, invest in business, and equality in society.
A spokesperson for lead researcher, Vadim Volos, elaborated on the findings in an email statement to CIC News. Volos himself not available to comment directly on the findings.
“The Immigration and Investment Index evaluates a country’s power to attract talent and capital,” the statement read. “It is measured not only by whether people would consider studying, working, or living in that country, but also by perceptions of the country’s economic prosperity, equality of opportunity, and ultimately whether it is perceived to be a place with a high quality of life.”

Economic Class

Business & Investor