Entrepreneurs

CIC has temporary stopped accepting applications for the Federal Entrepreneur program. Only applications received before July 1, 2011, will be processed. The suspension will continue until futher notice.

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This particular category is applicable to persons who have experience in successfully conducting a business in their home country, possess the necessary funds, and are planning to acquire an existing business in Canada or start a new one. For more detailed information, please contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Main requirements for the principal applicant under this category are:

  • Demonstrate business experience – this means that the principal applicant has at least 2 years of experience in owning and managing a business and has employed a minimum of five people on a full-time basis

  • Have a personal net worth of $300,000 CAD ( legally obtained and free of liabilities)

  • Comply with the conditions of the immigration visa (applicable to this category of business immigrants) for the first three years in Canada

While living and working in Canada, an entrepreneur must meet the following terms and conditions within the period of at least one year (during the first three years in Canada):

  • Own and actively manage a business - the percentage of ownership being no less than 33%; an entrepreneur has the option of buying an existing business or starting a new business “from scratch”

  • The core requirement for the business immigrant is creating at least one workplace for a citizen of Canada and providing a salary for a minimum of 1950 work hours (in the period of one year, with remuneration being no less than the minimum wage determined by the government of Canada)

Should one fail to comply with the mentioned obligations after three years of entering the country, the Permanent Resident Status may be revoked. However, in practice, such cases are quite rare. Moreover, the Canadian Immigration authorities for the most part emphasize the criterion of employing at least one citizen of the country.

It is worth noting that every potential immigrant under this category will have to prepare numerous documents to prove that all financial resources are obtained legally. For this reason, qualified assistance by a specialist at our company is almost a requirement for successful completion of the immigration process.

Those considering applying as Entrepreneurs may take an exploratory trip to Canada to research market conditions and business opportunities in the country. Such a trip is encouraged by the immigration authorities and gives the applicant additional points when the application for Permanent Residence is assessed.

Our company is pleased to offer you a full range of services to aid you with moving to Canada under this category. Aside from assistance with gathering and processing of the necessary documents, we can help with organizing the business trip. We will also conduct a complex market analysis on your behalf based on the business activity you were involved in prior to entering the country. Based on this and other additional information we will compile your business plan and, following your approval, submit it to Immigration Canada.

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