Canada Business Visa
Canada promotes itself as a desirable location for several international business owners, investors, and start-ups. Due to this, the Canadian government has established a number of routes for business visa holders to become citizens of Canada.
The Business Visitor Visa, which solely permits foreign business people to travel to Canada on business, should not be confused with the Canada Business Visa.
What is a Canadian Business Visa?
In order to attract different kinds of international investors, Canada provides a number of business visa programs. There isn’t a single, universal program. Instead, you and your family can get permanent residency in Canada through a number of federal and provincial programs. Each program is designed to meet the unique demands of business immigrants and draw in a particular kind of foreign investment.
Once accepted into a program, you can work in Canada while also obtaining open work permits for your spouse and study permits for your school-age children for your family. You and your family will then be eligible for permanent residency in one to two years, depending on your business visa program.
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List of Business Visa Programs
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Intra-Company Transfer (ICT) Program
This visa program is intended for companies who wish to grow to Canada but already have operating bases elsewhere. Despite the fact that the program's name refers to "a transfer," in practice you are growing your company to Canada and moving yourself as an employee from your current operations in your home country to your new operations in Canada. -
Start-Up Visa Program
Owners of established start-up businesses with viable concepts and some financial support are the perfect candidates for this program. Start-ups applying for this immigration program must get a letter of support or investment money from a specific Canadian organization. This is why, among many other conditions, your start-up must already be profitable and have a well-defined business strategy. This program is open to startups, and via it, up to 5 founders and their families may get permanent residency. -
Entrepreneur Visa (C11)
This program is for you if you wish to buy or invest in an established Canadian business. International investors who wish to launch a new business in Canada can also use this program. You and your family could subsequently qualify for permanent residency, just as with other programs. -
Provincial Nominee Program (PNPs)
Canada's provinces each have their own immigration policies for foreign businesspeople. There are now more than 17 alternatives for corporate immigration. PNPs are not appropriate for all business immigrants seeking business visas; one of the government programs mentioned above may offer a simpler and more effective route to obtaining a business visa.
Business Visa Requirements
Each business visa program has its unique specifications since they were each designed to support a certain form of foreign investment. However, in general, the top 5 needs are as follows:
- To begin a Canadian business, you should have between CAD $100,000 and CAD $350,000.
- You need prior experience and skills to manage a successful business.
- You must have an existing profitable business in Canada or be prepared to develop or invest in one.
- For your Canadian business, you must have a well-thought-out, effective, and practical business strategy.
- Run your business.
- After one or two years of company operations (depending on your business immigration program), apply for permanent residency.
- Apply for citizenship in Canada.
How to Apply for a Canadian Business Visa
Depending on your company’s immigration program, the application process for a business visa will differ. It is critical to contact an expert business immigration lawyer before deciding on the best path for you and your company. The general application procedure is divided into the following steps:
- Form or acquire a Canadian corporation.
- Create a business strategy (at any time before submitting a work permit application).
- Start working for your Canadian firm
- You must be well-versed in immigration laws and the Canadian immigration system.
Business Visa Processing Time
Your application for a business visa will take around one to eight months to be approved. The immigration policy of your business will have a big influence on how long it takes to complete an application. Although certain federal programs may only need three months, provincial programs normally last eight months. Please be aware that just the work permit required to enable you to work for your Canadian company will be subject to this processing time.
Business Visa Cost
A business visa may cost between CAD $2,140 and CAD $4,355. The most costly options are to immigrate alone and with your spouse and one child, plus an additional $230 for each additional child. These costs only include the application fees paid to the Canadian government. In reality, extra charges for legal services and procedural costs could be imposed; these charges change depending on your situation.
You can also estimate the total cost for your needs by using a fee calculator like this one.
How can Izago Immigration help you in Booming Your Business?
Izago Immigration offers comprehensive assistance to individuals seeking to immigrate to Canada through various Provincial Nominee Program (PNP) streams. These streams often have stringent standards, leading to a high rate of application refusal for those not prepared and filed correctly. Our expertise lies in guiding applicants through these complex processes and intricate documentation requirements, increasing the chances of successfully obtaining a Canada PR Visa.
Our team of seasoned Immigration Experts has assisted numerous families in successfully relocating to Canada through the Federal Express Entry Program. With their proficiency and experience, they can thoroughly assess your unique case and recommend the most suitable approach to cater to your immigration needs.
Having been a prominent figure in the immigration industry for over 16 years, Izago Immigration has garnered a wealth of positive reputation and extensive experience. We have consistently supported a diverse range of aspiring immigrants in realizing their dreams of moving overseas.
As a top-tier brand in the Immigration sector, Izago Immigration stands out as a highly dependable immigration firm with an impressive track record of facilitating thousands of successful PR Visa applications. Several key factors contribute to our status as the premier Immigration Consultant for obtaining a Canada PR Visa:
- Authorized and Licensed Immigration Consultants: Our consultations are conducted by qualified experts who are authorized and licensed to provide immigration advice.
- Comprehensive Guidance: We offer step-by-step guidance throughout the eligibility assessment and application process, ensuring applicants are well-informed at every stage.
- Online Security and Transparency: We maintain a secure online platform for our processes and uphold transparency, keeping applicants informed about their application status.
- Complaint Redressal System: We have a structured system in place to address any concerns or issues that may arise during the application process.
- Vast Experience: With a proven track record of handling over 10,000 applications, we bring an extensive wealth of experience to each case we handle
- Thorough Case Assessment: Each case is meticulously reviewed multiple times before submission to ensure accuracy and completeness.
- Easy Qualification Evaluation: We offer a user-friendly platform for evaluating qualifications and other skills, streamlining the initial assessment process.
For those aspiring to secure a Canada PR Visa, Izago Immigration emerges as the ultimate partner, offering expertise, reliability, and a history of successful outcomes. Our dedication to excellence and commitment to applicants’ success sets us apart in the field of immigration consultancy. Contact us now!