Business Immigration Category
There are three kinds of business immigration:
· Investor program
· Entrepreneur
· Self-Employed
Investor program As a prospective investor, you must provide documentation proving that you operated or owned a profitable business for a minimum of two full years, or that you have managed a minimum of five full-time job equivalents in a business of any size for a minimum of two full years, or a combination of one-year periods in either. You can go back as far as five years before the date of your application to demonstrate this business experience. In addition, an investor must demonstrate through auditor`s reports that they have property (real estate, business value, shares, investments, etc.) valued at C$800,000. The applicant then makes an investment into the Canadian economy in the amount of C$400,000 for the period of five years. This investment is guaranteed by the Canadian government in a form of a promissory note and the full amount of investment is returned after five years. The promissory note cannot be sold, but it can be used as a collateral to obtain a loan. With the assistance of law firm of Visas4Canada you can obtain financing for your investment. By providing only C$120,000, the investor will then obtain a loan for the remainder of the required amount will be financed by a recognized Canadian bank. You will have to satisfy the visa officer that no portion of your net worth was obtained as a result of criminal activity. You should be able to explain material disparities between your net income over the years and your present net worth, and to comply with reasonable requests for documents to back up both your income sources and the components of your net worth. In addition to the usual documents in support of any application for immigration to Canada, you will be required to provide documents supporting your past business experience, such as the following: - audited financial statements; - corporate and personal income tax returns; - tax assessments; - bank statements; - business licenses; - real estate appraisals; - corporate minute books; - letters of reference; and - promotional material. An important benefit of the investor program is that there are no monitoring requirements on the permanent resident visa received. There are no conditions to satisfy. The processing times for investors are usually considerably shorter than for other business categories. If you have any questions about this category, please do not hesitate to contact our staff for consultation.
cainvestment@visas4canada.com