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Entrepreneur Visa

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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 meet specific net worth thresholds required by the targeted province.
  • 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 investment visa pathways including the Rural Entrepreneur Stream and the Self-Employed Farmer Stream.

• British Columbia: It offers options such as the Entrepreneur Immigration Base Category and the Regional Stream.

• 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 Entrepreneur Visa options available include the Nova Scotia Entrepreneur Stream.

• Northwest Territories: To start a business here, one needs to qualify under Northwest Territories Business Stream.

• Newfoundland and Labrador: The options for visas available here are International Entrepreneur and International Graduate Entrepreneur streams.

• Ontario: One can choose the preferred option under the active Ontario Entrepreneur Stream.

• Prince Edward Island: Currently, it offers a Prince Edward Island Work Permit under the Work Permit Stream 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.