The Business Immigration Program
seeks to attract experienced business people to Canada
who will support the development of a strong and
prosperous Canadian economy.
Business immigrants are expected to make a $400,000
investment or to own and manage businesses in Canada.
Canada has three classes of business immigrants, each
with separate eligibility criteria: investors,
entrepreneurs and self-employed persons. You may only
apply under one class, even if the you fulfill the
requirements of the other classes. Once an application
is submitted, you cannot change the class.
Who Qualifies as a Business Immigrant? Business immigrants are selected based on their
ability to become economically established in Canada.
The detailed requirements of each program are as
follows.
Investors
The Immigrant Investor Program (IIP) seeks to attract
experienced business persons and their capital to
Canada. Investors must demonstrate business experience
and a legally obtained minimum net worth of CAN
$800,000, and must make an investment of CAN $400,000.
Entrepreneurs The Entrepreneur Program seeks to attract
experienced business persons who will own and actively
manage businesses in Canada that contribute to the
economy and create jobs. Entrepreneurs must demonstrate
business experience and a minimum legally obtained net
worth of CAN $300,000, and are subject to conditions
upon arrival in Canada.
Self-employed persons The Self-Employed Persons Program seeks to attract
applicants who have the intention and ability to become
self-employed in Canada. Self-employed persons are
required to have either (a) relevant experience that
will enable them to make a significant contribution to
the cultural or athletic life of Canada, or (b)
experience in farm management and the intention and
ability to purchase and manage a farm in Canada.
Immigrating to Canada
Copyright 2005 Ayodele
Akintunde & Co. All rights reserved
