BUSINESS IMMIGRATION
The Business Immigration Program includes three classes of immigrants: entrepreneurs; investors; self-employed persons.
An entrepreneur is an immigrant who:
- has business experience;
- has a legally obtained net worth of at least $300,000;
- for a period of at least one year within a period of not more than three years after the day that the entrepreneur becomes a permanent resident they intend and will be able to:
- control a percentage of the equity of a qualifying Canadian business equal to greater than 33 1/3 %;
- provide active and ongoing management of the qualifying Canadian business;
- create at least one incremental full-time job equivalent in that business for Canadian citizens or permanent residents, other than the entrepreneur and their family members.
A “self-employed person” means a foreign national who has relevant experience and has the intention and ability to be self-employed in Canada and to make a significant contribution in specified economic activities in Canada. “Relevant experience” in respect of
- A self-employed person other than a self-employed person selected by a province, means
- self-employment in cultural activities or in athletics;
- participation at a world class level in cultural activities or athletics; or
- farm management experience; and
- A self-employed person selected by a province, has the meaning provided by the law of the province.
An investor is an foreign national who:
has business experience; has a legally obtained net worth of at least CDN$800,000; make an investment of CDN$400,000 in Canada.
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