Who thought that you could run your business and migrate at the same time in Canada? Owning a business is somehow a dream for some. It can also be an option for the matured since the business world is competitive enough for the young. If you are eager to establish yourself economically and willing to help develop Canada’s economy, Canada is ready for your business. Your abilities and skills will enhance, and you will be your own boss. Likewise, you may qualify as a business immigrant to Canada. Well, that’s easy. Canada’s government prioritizes immigration for business investors too.
It is no doubt that as globally recognized, Canada is one of the best countries in the world to live in. Home to excellently performing economy, world-class education, naturally beautiful places and, known as one of the friendliest nations, that’s Canada. One of the easiest ways to be in Canada is to set up a business in the country. Sounds interesting? Let us share with you how.
Who can qualify?
A foreign investor with valid and distinct management expertise can qualify. Sufficient investment and assets to fund the business is a requirement as well. You need to strongly convince that your business is feasible and foolproof with a detailed business plan. Also, good language abilities in English or French to effectively work as a manager or significant shareholder in the company.
What is the process?
You identify the type of business you plan. It can be your own or a franchise or buying an existing one in Canada. You can do this by searching online, having business-for-sale brokers (like real estate buying) and through your friend or relatives in Canada. Then, you apply for a Labor Market Impact Assessment (LMIA) with an effective business plan. Once receiving a positive output, the foreign investor applies for a 12-24 months renewable temporary work permit.
How long does it take?
It may take three to complete the LMIA application. And another three months or more to receive a work permit. This varies in most jurisdictions which can take about one to two years. The processing time of most business applications can also be affected by the COVID-19 situation.
It’s that simple! This program is suited to provide easier access to Canada.
How can we help?
Through our licensed immigration consultants, we can help introduce this business program and show you further options on your pathway to Canada. Our distinct experience in immigration recognized by Immigration Consultants of Canada Regulatory Council (ICCRC) can help you complete the required formalities. You may fill out our free evaluation form through this link https://loftimmigration.com/free-assessment/business-immigration/, or you may call us at +1(647)390-2283. Loft Immigration will be very eager to assist you.
