fbpx
Home » Business Immigration » Entrepreneur Visa

Entrepreneur Visa

As an alternative to the previously existing Entrepreneur Visa program, Canada has introduced Provincial programs to invite foreign entrepreneurs, and investors to establish, acquire, or invest in a business in Canada.

Similar to all the visa programs that exist, these entrepreneur visa programs present their own set of regulations. However, there are a few common requirements that one is required to fulfill, these include:

  • The applicant must have a net worth of at least $500,000
  • The applicant must be willing and be able to establish, invest in, or acquire a business in Canada that will add to the employment in Canada.
  • The candidate must have a minimum of 3 years of experience in running a business acquired in the last five years from the application submission date.
  • This work experience must entail fulfillment of responsibilities and duties related to the planning, management, and control of material, financial, and human resources, or specialization process attested to by a diploma.

Provincial Entrepreneur Visa Programs and Streams are:

  • Alberta: It has one investment visa that’s the Self Employed Farmer Stream.
  • British Columbia:  It has two Investor Visa options; the Provincial Nominee Entrepreneur Immigration Stream and the Regional Pilot Program.
  • Manitoba: It offers two visa pathways that are the Entrepreneur Pathway, and the Farm Investor Pathway.
  • New Brunswick: To get a business visa in this province, one is required to fulfill the criteria for either the Entrepreneurial Stream or the Post-Graduate Entrepreneurial Stream.
  • Nova Scotia: The two Entrepreneur Visa options available are the Nova Scotia Entrepreneur and Nova Scotia International Graduate.
  • Northwest Territories: To start a business here, one needs to qualify under Northwest Territories Business Stream.
  • Newfoundland and Labrador: The two options for visas available here are International Entrepreneur and International Graduate Entrepreneur streams.
  • Ontario: One can choose the preferred option from the Ontario Corporate Stream and the Ontario Entrepreneur Stream.
  • Prince Edward Island: Currently, it offers a Prince Edward Island Work Permit as the business visa option.
  • Saskatchewan: Its visa options include, Saskatchewan Entrepreneur Category, Saskatchewan Farm Owner and Operation Category, and Saskatchewan Farm Owner and Operation Category-Young Farmer Stream.
  • Yukon: This province offers the Yukon Business Nominee Program.

These Entrepreneurial Programs further enhance the applicant’s and their immediate family member’s chances to gain permanent residency in the country.

To obtain a suitable entrepreneur visa for your business needs and to seek answers to all your relevant queries, get in touch with our licensed RCICs now at ImmigCanada Immigration Consulting Services.