Individuals with business or management experience and a net-worth set by the Canadian government may apply for a Canada Immigration (Permanent Resident) Visa, and this is usually undertaken within the Canada Business Immigration Program in one of the following three sub-categories:
Citizen and Immigration Canada has announced changes to this program and has put a temporary hold on all applications in this category. It is envisaged that the new program will require the applicant to invest $800,000.00 and have a net worth of $1.6 million CDN.
Note: This program is on hold until further notice from Citizenship and Immigration Canada.
To qualify as a self-employed person, an individual must be willing and able to support him/herself and any dependents with self-employed income as a farmer, athlete, or artisan.
A significant proportion of the Canadian economy is made up of small and medium businesses—Statistics Canada reports that more than three quarters of businesses in Canada are firms with fewer than 10 employees. Many of these businesses are family-owned, and are faced with the reality that there is nobody to pass the successful business on to upon retirement. These businesses present a prime opportunity for individuals who wish to immigrate to Canada as Entrepreneurs.
