Canada is always seeking high-potential entrepreneurs and investors to join the Canadian economy and create more career opportunities for Canadian residents. Young businesses in Canada will also receive a great amount of governmental support throughout their entrepreneurial journey.
Read more below to find out about immigration programs for entrepreneurs, business owners, and investors.
Each Canadian province and territory has its own immigration "stream" for entrepreneurs and business people who wish to start a new business or acquire an existing business within that province or territory. In contrast to the Start-Up Visa Program, PNP works by giving a successful applicant "a nomination" to apply to IRCC to become Permanent Resident.
The level of complexity and the ease of getting your application approved will depend on the province or territory you are applying to. For more information about how to apply for PNP, you can find out more on the provincial government listed below.
Note: Although the Province of PEI now only accepts entrepreneurs through the Work Permit Stream, you can find a business in PEI on an online directory to buy prior to filing your application.
Québec has its own juridical legal system and does not operate under common Canadian laws shared between the other provinces and territories. Therefore, the Start-Up Visa Program does not apply if you want to immigrate to Québec. However, business immigration in Québec is not any more complicated than in the other parts of Canada. Québec allows foreign entrepreneurs to immigrate to start a new business or acquire a business in Québec.
Canada awards high-potential entrepreneurs with a fast-tracked immigration pathway through the Start-Up Visa Program.The processing time for this program is only 12-16 months, which is much shorter than most immigration programs.
To be qualified for this program, your business must:
Find a business investment organization from a list of designated organization curated by IRCC that is likely to support you business idea
Take a language test from an approved agency
Use your test scores to find your CLB level
You will be required to show evidence that you are able to financially support yourself and your family when you come to Canada. The Government of Canada does not give financial support to the newcomers from the Start-Up Visa program.
Please consult the official Start-Up Visa Program website to find out how much money you need to bring to Canada.