Tag: Canada Immigration Visa

Immigrate to Canada by Investing : Business Immigration

Do you wish to immigrate to Canada? Are you planning to apply for business immigration to Canada? It yes, then you need to know the basket of benefits that you will get. Canada is one of the fastest flourishing G20 economies. With its well-planned business friendly environment it has always been the hotspot for the foreign investors. It is a country with the most skilled people available. So, let’s see what other benefits you are going to get:

• 13^th most competitive economy and 12^th most innovative country in world.
• Investors get market access to 14 countries based on 51 trade agreements.
• Lowest rate of interest on new business investment among G7. METR is 13.7%
• Federal GST is 5%, lowest among OECD.
• Political stability, lowest rate of corruption, Soundest banking system.
• Reduced net worth requirement of applicant to 300000$ and 100000$ for investment.
• No net-worth requirement for certain streams in business immigration.
• The costs of specified clean energy equipment are eligible for full tax write-off the year they are put in use in business.
• The cost of machinery and equipment for processing are eligible for full tax write-off the year they are put in use in business.
• Accelerated Investment incentive for all sectors of economy making large capital investments.

Above all, Canada is a beautiful country with ample benefits for investors and family and that’s the reason people prefer to immigrate to Canada.

Immigration to Canada
When we talk about business immigration to Canada or rather say immigrate to Canada, it is basically a program where the foreign nationals with business or managerial expertise and high net income apply for Canada Immigration Visa. On yearly basis, Canada welcomed approximately 250000 immigrants’ until 2019. The data for the year 2020 is expected to be approx. 350000, as suggested by Statista. To apply for business immigration, there are broadly two ways:

1. Business and Investor immigration: Provisional

Each province or territory runs their own business immigration to Canada program with their specifications known as Provisional Nominee Program (PNP). The stream varies based on entrepreneurial experience and requirement. Also application procedure and the qualifications vary but the successful applicants will receive a provisional nomination. The list of provinces you can migrate to start a business under the scheme is:

• Alberta
• British Columbia
• Manitoba
• New Brunswick
• Nova Scotia
• Ontario
• Quebec
• Yukon
• Northwest Territories
• Prince Edward Island
• Saskatchewan
  

2. Business and Investor immigration: Federal

When a self-employed person or a working professional is looking forward to establishing his business in Canada or is simply looking to invest his worth in a Canadian firm, then the designed Federal Immigration Programs are applied. These programs are designed to match skills and experience of the person willing to settle in the Province. The Owner/Operator Labour Market Impact Assessment (LMIA) is a path best suited for investors with a low net worth or who lack support of the designated organization.

The Federal scheme has broad three visa programs:

• Entrepreneur start up Visa Program
• Self-Employed persons program
• Owner Operator LMIA

The most popular among the programs is the owner-operator, which can be fulfilled. Considering the following scenario’s :

• New start-up business

• • Complete Ownership change in existing Canadian Business
  • Pending or Partial purchase in existing business

For all the Business Immigration programs the various points which are considered to help you immigrate are, broadly as under:

• Net worth and investment
• Business Experience
• Education
• Business Plan / Transition Plan
• Language Proficiency
• Exploratory Visit to the Province
• Immigration Interview

Why Immigrate to Canada through business immigration?

1. Range of program options
2. Range of investment suiting every pocket
3. Quick path for immigration
4. Only option for individuals above 40 years to immigrate to Canada
5. Start earning from day one
6. Save on education , child care and other benefits
7. NAFT Agreement allow access to business market of USA and Mexico
8. Government policies and regulations support new business
9. Subsidy schemes benefit the new business startups.
10. Excellent opportunities for trade and personal growth.
11. Eligibility for Canadian citizenship within three years.
12. Above all, the best country in the world to live in.

Conclusion : Canada is an excellent country for a skilled business professional to immigrate and live a happy like. With all the tax benefits, liberalized rules for business, government support and lucrative trade agreements, Canada is surely a place to invest for the business. So if you have decided, you need to find the right consultant for starting process to immigration to Canada through Business / Investing You can get in touch with Blue Planet Immigration who are one of the leading consultants and amongst the most preferred for Business Immigration to Canada. Contact them at info@blueplanetimmigration.com and call at +1-778-882-2806 or +1-778-847-7357 to know further details. Set-up a free consultations appointment / fill up a free evaluation form on their website. They “Make Canada Your Home “.