Discover Pathways of Getting PR Through Investor VISA & Entrepreneur Visa

Canada is a paradise place for investors and entrepreneurs where individuals can dive into the pool of the business world with tremendous investments and trading opportunities. It is considered one of the top 10 easiest countries to set up and start a business. The country's prosperous natural resources, availability of skilled labour, and stable and smooth governance all provide a significant thrust in starting a business in the nation.

IRCC offers brilliant business immigration pathways to people who want to try their luck in the market with their expert skills and fantastic experience. People with business/administrative experience and relatively high net worth may apply for a Canadian permanent residence under the Investor/Entrepreneur Visa program. If you are successful with your business immigration application, you and your family can move to Canada together. Today we are presenting an overview of applying for an Investor VISA & entrepreneur visa. Let's jump into key points and explore your options to stay in the country forever.

Quebec Immigrant Investor Program

Candidates eligible for the Quebec Immigrant Investor scheme are given points system based on many factors under the Quebec Economic Class selection program grid. The minimum score required is 40, with a 10 and 25 points cut-off for management experience and financial investment, respectively. The major factors on which evaluation is done are

• Education degree/training area
• Working experience in management
• Age
• English language skills
• Staying period in Quebec
• An investment contract

The applicants get a score out of 94 points set by the immigration authority.

Benefits investor visa offers are

• No risky investment guarantees a full return after five years of investing CAD $1,200,000.
• There is no need for active participation after investing.
• Family members share the same status as the main applicant during or after the process.
• On an investor visa, you have all the benefits that are provided to Canadians.

The Minimum Requirement to Apply for the Process

Minimum net worth: An applicant can acquire a net worth of a minimum CAD $2000,000 amount or things acquiring the same value, such as property, plot, bank money, pension, and shares.

Experience: Applicants must have experience of two years, which also should be five years old at the time of application.

Investment limit: Applicants can invest a sum of CAN $1,2000,000, and an approved financial intermediary can finance this amount.

Steps Involved in Applying for QIIP

• Apply the application received and accessed by the Quebec Immigration VISA office.
• Applicants can be booked for the personal interview or waived off.
• Applicants then need to make the wire transfer.
• Application after the transaction is submitted to the IRCC office.
• The embassy sends the instructions for the medical examination.
• Applicants must send their passports for stamping, and application fees for PR should be paid.
• Once payment is done, the embassy issues the Canadian Immigration visa.
   

Entrepreneur Visa Program for Canada Immigration

Canada tops the place if you want to be a tycoon and looking for a business-friendly country. There are many options business people are gifted with for a new start-up. So, if you want to immigrate to Canada through an entrepreneur visa program, you will be welcomed with many life-changing opportunities. There are three business programs to start a new business in the country named as

• Federal Start-up Visa Program

This program motivates immigrant business people to expand their enterprises in Canada. Prosperous applicants connect with private sector associations in the country to get funding, guidance, and expertise in beginning and running their enterprises in Canada. This initiative has been set to target entrepreneurs with the potential to make innovative companies that can compete globally and generate jobs.

• Quebec Entrepreneur Program

This Canadian immigration category was invented to let qualified business owners and managers obtain Canadian PR, provided they can progressively develop or acquire an agricultural, commercial, or industrial business in the Quebec province.

• Provincial Entrepreneur Programs

Canada's provinces propose hefty entrepreneur categories within their Provincial Nominee Programs. Through one of these categories, immigrant entrepreneurs can stay in a particular province.

Who are eligible for the program?

• Must have created a qualifying business with some specific met conditions.
• Must have of letter of support from a designated organization.
• Must meet the English/French language requirements.
• Must have enough funds to setter in the country.
   

Steps involved in Applying for the Entrepreneur Visa

• The first step involves making an account at the online portal of the Permanent residence applications. Applicants may take help from the Instruction Guide (IMM 5759) to complete the form correctly. It is mandatory to upload all supporting documents to minimize the chance of application rejection.
  
  The following forms also need to be fulfilled online

1. Generic Application Form for Canada (IMM 0008)
2. Schedule A – Background/Declaration (IMM 5669)
3. Additional Family Information (IMM 5406)
4. Supplementary Information - Your travels (IMM 5562)

• Once the application form is completed, it is time to pay the application fees for processing the immigration request, biometric, RPRF (Right of Permanent Residence Fee), and third party (if applicable). Third-party fees include the medical exam, police certificate, or language testing expenses. An online payment mode is provided to make all the transactions.
• On paying the applicable fees, submit the applicate and wait for the result. If your request gets approved, IRCC sends you the PR visa that includes COPE (Confirmation of Permanent Residence (RPRF)

The entrepreneur visa application fee is CAN $2,140, and the complete process takes around 30 months, including the time spent on the biometrics.

Assistance for Business Immigration to Canada

Western Overseas, a well-known name in the immigration world, assists people in applying for different business visa programs. Our success rate manifests the progressive approach to our growth. Our genuine consultants and service transparency drive our clients completely believe in us. One-to-one counselling and a systematic visa application hierarchy make our company different from others. Client satisfaction is our only motive, and we believe in servicing quality over quantity. Meet us today for any visa query.