Cantechhub

Business Immigration Programs Advisory

The Business Immigration Program, backed by the Canadian government, is intended to incentivize business owners and startup founders who have the potential and qualities to migrate to Canada and set up neighborhood companies that:

  • are innovative and disruptive

  • creates new employment opportunities

  • have a global vision

Business visionaries with exciting new business ideas can grab exclusive benefits and grants from qualified associations and easily move to Canada.

As a country, Canada is extremely business-friendly. Here are a few reasons why Canada should be the place for starting your next billion-dollar company:

  • Robust and growing economy

  • Low working expenses

  • Low tax assessment rates

  • High level of globalization

  • Better living conditions

Nova Scotia

The Entrepreneur Stream is a migration program set up under the Nova Scotia Nominee Program (NSNP). It was set up to get new entrepreneurs, senior business administrators, and long-term business executives who want to start-up or run businesses to immigrate to Nova Scotia, Canada. This program is catered towards individuals who are dynamic stakeholders who lead their company’s everyday tasks and general administration.

After a while running the business, the business owner can apply for a permanent residence visa.

Prospective applicants are:

  • at least 21 years old

  • open to making Nova Scotia their permanent residence

  • in possession of a total net worth of at least CAD 600,000

  • able to contribute a minimum of CAD 150,000 to start a local business

  • experienced in management and business ownership (at least three years’ involvement in any industry with 1/3 business ownership), or experience as senior executives (at least five years)

  • professional fluency in French or English with a Canadian Language Benchmark (CLB) score of at least 5

  • ones with a completed online Expression of Interest in the province.

  • holders of an Invitation to Apply, issued by the Nova Scotia Office of Immigration

Benefits of starting up in Canada:

  • Low tax collection rates

  • Low working expenses

  • world-class resources and development opportunities

  • high standards of living

Saskatchewan

Situated in the Prairies Region of Canada is its sunniest area, Saskatchewan. The territory is famous for its vast stretches of open fields, natural wonders, and bespoke urban regions. Saskatchewan has a strong local economy with the lowest local tax rates (the least in the nation). With a robust road, rail, and air transport infrastructure, this territory is perfect for manufacturing and distribution industries. Saskatchewan guarantees pleasant working and living conditions for its residents.

The average cost for essential items and lodging is more reasonable in Saskatchewan, with multiple work opportunities in different segments like agribusiness, account, protection, land, and mining. Saskatchewan has a multicultural homegrown populace, with 35 percent living in rural territories and the majority residing in its two primary urban communities, Regina, the capital, and Saskatoon, its biggest city.

Saskatchewan urges its residents to add to their neighborhood economy through the Saskatchewan Immigrant Nominee Program (SINP). It has an Entrepreneur Category that offers some valuable advantages for business owners interested in setting up and running a business in the area. Successful candidates get various benefits, including low charges, low business expenses, and exclusive access to elite foundations and R&D.

Key Information:

  • Minimum total assets of CAD 500,000

  • Minimum 3 years of management experience in the last ten years

  • Have intentions to invest a minimum of CAD 300,000 in businesses in Regina or Saskatoon, or at least CAD 200,000 in another Saskatchewan region

  • 33% stake in a business in Saskatchewan, or complete ownership of a venture of a valuation of CAD 1 million or higher

  • Intentions to incorporate or start-up another company, buy a current business, shaping a joint endeavor with another SIP candidate, or partnerships with a Permanent Resident/Canadian Citizen

Manitoba

One of Canada’s three grassland territories, Manitoba is home to a wide variety of wildlife, greenery, with pleasant landscapes ranging from vast fields to rugged coastlines. Its two popular urban areas are Winnipeg, the region’s capital city, and Churchill, also known as the Polar Bear Capital.

Manitoba is rich in natural resources and has a bustling, diverse economy that incorporates production, horticulture, health and wellness, tourism, design, financial services, and technology ventures. Some of Canada’s biggest assembling and manufacturing industries are located in Manitoba.

The Business Investor Stream (BIS) is Manitoba’s program for empowering qualified global investors and business owners to start-up or buy/get business in its region. It was previously known as the Manitoba Provincial Nominee Program for Business (MPNP-B).

BIS works under a “Statement of Interest” framework. Candidates and qualified applicants must present their aim to apply to the program by enlisting and making an online profile.

Key information:

  • Minimum net worth of CAD 500,000

  • Minimum 3 years of experience either as a full-time dynamic entrepreneur or full-time business executive

  • Minimum investments of CAD 250,000 if the business is inside the region of Manitoba

  • Minimum investments of CAD 150,000 if the company is outside the region of Manitoba

  • Professional fluency in French or English with a Canadian Language Benchmark (CLB) score of at least 5

  • Must have a valid business plan

Quebec

Quebec is one of the major provinces in Canada and is also second-most populous. An erstwhile French state for over 200 years, Quebec is famous for its decadent French heritage, with much of its legacy preserved. French is also the official language here.

Today, Quebec has one of the most stable and fastest-growing economies in Canada. It is the nation’s second-biggest gold and the world’s second-biggest niobium maker. Tourism is also a huge part of Quebec’s diverse economy. Every year, Quebec attracts more than 26 million vacationers, contributing to 2.5% of Quebec’s economy.

With a blasting economy and numerous businesses and openings for work, Quebec has become an ideal spot to live in for many individuals. Quebec residents enjoy high living standards, top-class education, better-networked transportation, financial security, and a lower cost for essential goods.

Chartered in 1986, the Quebec Immigration Investor Program (QIIP) offers qualified candidates and their families the opportunity to move to Canada and settle in Quebec. Assets created through the program are used to fuel small- and medium-scale organizations.

QIIP is a passive mode of investment. Once the venture has been incorporated, the candidate can no longer work on an administrative job. Effective candidates and their families qualify for permanent residency and access the same perks as Canadian residents.

Key information:

  • Minimum net-worth of CAD 1.6 million (acquired through legitimate methods with proper documentation)

  • Government-ensured passive investments of CAD 800,000 ought to be made in Quebec (the sum will be returned in full following five years with 0% interest)

  • Minimum 2 years of experience with leading a company or in senior administration

  • Intention to settle in Quebec Province permanently

  • Must complete a medical assessment and individual security verification