Canada Business Visa from the Best Immigration Consultants
This type of visa holder is allowed to enter the intended country for business purpose. He/she is allowed to attend conferences, business meetings, conventions, or short term project requirement in the intended country. The person holding a Business Visa can not undertake full time employment.
Therefore Visit visas for any country can be summed up into three main aspects:
You have a genuine intent to visit the country and leave at the end of your visit.
You have ties to your current country of citizenship/residence i.e. full-time employment and/or home ownership/current tenancy agreement and family ties too.
You have enough funds to sustain your living expenses for the duration of your visit. Today the developed economies like US, Canada, Europe and Australia are offering excellent opportunities to attract potential investors to establish new businesses or expand or diversify their existing businesses in these countries. These developed economies offer:
- Positive Business climate
- Low Unemployment rate
- Excellent infrastructure that supports businesses
- Competitive Corporate Taxes
- Low cost but educated Labour Force
- Low communication & energy cost
- Low inflation and low interest rate
- Quality Research and Development Infrastructure
- Easily affordable commercial and Industrial real estate
- Tax incentives for small businesses
- Access to vibrant markets
Canada Federal Business Immigration
The main objective of this Business Immigration Program is to encourage Canada’s economic development and boost job-market by luring entrepreneurs, investors and self-employed entities outside Canada with project capital, trade acumen and entrepreneurial skills. The Canadian Business Immigration Program would also build up new marketable opportunities and to develop access to budding foreign markets by welcoming individuals who are familiar with other markets and their particular requirements.
Applicants with full fledged entrepreneurship/administrative experience and comparatively high net-worth can apply for a Permanent Residency Visa under the Canada Business Immigration Program in one of the following three sub-categories:
Canada has three classes of Business Immigrants
- Investors (Put under temporary moratorium)
- Entrepreneurs (Put under temporary moratorium)
The Immigrant Investor Program seeks to attract experienced business people to promote economic development and employment in Canada by attracting people with capital, business acumen and/or solid managerial skills for business immigration to Canada.
Effective July 1, 2012, the Citizenship and Immigration Canada (CIC) has put a temporary moratorium on the Immigrant Investor Program. CIC has also announced plans to overhaul the investor program and re-introduce it with new reforms. According to CIC, applicants who had applied under this program should hold on their applications and reapply once new regulations come into force. The Immigration Department is also consulting on whether to create a new investor program on a short-term basis, which will be announced in the coming months.
You must meet the basic requirements of this visa prior to applying, which include the following:
- Must have managed and controlled a qualifying business for at least two of the five fiscal years immediately before you apply
- Depending on whether your business is a Sole Proprietorship, corporation or joint venture you must have controlled a certain percentage of equity in the qualifying business
- Must have a minimum net worth of CAD300,000.00
In addition to meeting the basic eligibility requirements you need to achieve a basic score in the Business Migration to Canada points test. The pass mark for all Business Immigrants is currently 35. The categories to acquire points are broken down to assess Age, English language, Business Experience, Qualifications and various other adaptability points.