HOME > I WISH TO GO CANADA
> ENTREPRENEUR
IMMIGRATION
The entrepreneur program seeks to attract
foreign nationals who will own and actively manage businesses
that will contribute to the economy and create jobs in Canada.
You could immigrate to Canada as an entrepreneur if you have
business experiences and intend to own and operate a business
in Canada.
You need the following in order to apply as an
entrepreneur:
Net worth of at least $300,000 (CAD)
Business Experience (see below for more information)
Provide active and ongoing management of the
qualifying Canadian business*
Intend and will be able to control a percentage of
the equity of a qualifying Canadian business equal or
greater than 33 1/3%*
Create at least two full-time job for Canadian
citizens or permanent residents, other than the
entrepreneur and their family members*
Business Experience:
An entrepreneur applicant must have managed
and controlled a "qualifying business" for at least two years
in the five-year period before the date of application.
"Qualifying business" is not a business of deriving investment
income (interest, dividend, or capital gains) and the business
must meet at least two of the following attributes.
Number of full-time jobs: at least 2 full-time
job equivalents Total annual sales: $500,000 (CAD)
Annual net income: $50,000 (CAD) Net assets: $125,000
(CAD)
“Net worth” means the fair market value
of all of the assets of your and your spouse/common-law
partner minus the fair market value of all of your
liabilities.
“Net income” means the after tax profit or loss of
the business plus remuneration by the business to you or
your spouse/common-law partner.
“Net assets” means the assets of the business, minus
the liabilities of the business, plus shareholder loans
made to the business by you and your spouse/common-law
partner.
The entrepreneur must meet the conditions by
managing a "qualifying Canadian business" for a period
of at least one year within the period of three years
after the day on which the entrepreneur becomes a
permanent resident.
The entrepreneur's business in Canada must
meet at least two of the following attributes to be considered
as a "qualifying Canadian business"
Number of full-time jobs: at least 2
incremental full-time job equivalents
Total annual sales: $250,000 (CAD)
Annual net income: $25,000 (CAD)
Net assets: $125,000 (CAD)
If you would like to immigrate to Canada as an
entrepreneur, please contact us.
All contents @ copyright mentoreducare.com - All rights reserved
