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Start, Purchase or Invest in a Canadian Business

Whether you want to own a Canadian business, invest in an existing business or have an innovative idea you want to bring to life, you can immigrate to Canada and generate jobs for the community. Depending on your eligibility, you can consider applying for either federal or provincial programs.

Find your path
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Why Choose the Business Immigration Pathway?

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Investing in or establishing a business in Canada can lead to permanent residency. You and your family can enjoy a high-quality, secure life that provides world-class education, universal healthcare and pension benefits.

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Compete globally

Expand your business throughout North America, a high-growth market with endless opportunities and a large pool of highly skilled workers that add credibility to your brand.

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Get financial support

If you have an innovative and beneficial business idea, you can receive financial support from venture capital funds and angel investors.

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Protect your business

Time and time again, Canada has been ranked as one of the safest countries in the world. With our transparent policies, strict intellectual property (IP) laws and an effective justice system, your investment will always be protected.

Business Immigration Pathways in Canada

Federal Start-Up Visa

Entrepreneurs with an innovative idea that can generate jobs can immigrate to Canada if accepted by a designated business incubator or invested by an eligible venture capital fund or an angel investor.

If you have up to five years of relevant self-employment experience in cultural or athletic activities and can prove the significance of your contribution, you may be eligible for the Federal or Quebec Self-Employed Programs.

This program is for individuals with management experience who wish to own more than 50% of a business in Canada and are highly involved in the business’ day-to-day operations.

These programs vary depending on the province you wish to operate in. Generally, however, these programs are for experienced entrepreneurs with a minimum net worth of $250,000 to $900,000 CAD and wish to invest a minimum of $150,000 to $600,000 CAD into the business.

Find your path
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How to Become a Permanent Resident by Owning a Canadian Business

Federal Start-Up Visa

  1. Connect with an immigration consultant or lawyer to ensure your business qualifies.
  2. Receive a letter of support from a designated entity and ensure you meet all requirements, such as language proficiency and bringing enough money to settle.
  3. Obtain a work permit to come to Canada.
  4. Apply to become a PR after meeting all necessary requirements for business establishment in Canada. This entire process can take up to 16 months.

Federal Self-Employed

  1. Use Mipathia to assess your eligibility to immigrate. If your experience will significantly contribute to cultural or athletic life in Canada, you may be qualified.
  2. Connect with a licensed immigration consultant or lawyer to identify where your skills will have the most impact.
  3. Apply to become a PR and come to Canada.

Owner-Operator LMIA

  1. Connect with a licensed consultant or lawyer on Mipathia to ensure you meet all requirements before purchasing a business in Canada.
  2. Apply for the Owner-Operator LMIA.
  3. Obtain a work permit and begin working for your business.
  4. Discover which immigration program you’re eligible for, either provincial or federal, and then apply to become a PR.

Provincial Entrepreneur

  1. Connect with a licensed consultant or lawyer on Mipathia to ensure you meet all requirements before starting or purchasing a business in Canada.
  2. Obtain a work permit and begin working for your business
  3. Receive a provincial nomination and then apply to IRCC for permanent residency.
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What are the Differences between the Business Immigration Programs?

Federal Start-Up Visa Federal Self-employed Owner-Operator LMIA Provincial Entrepreneur
Language skills CLB5 Basic (No specific CLB) Contact licensed consultant CLB4
Amount of work experience Own a Business Minimum 2 years 3+ years
Type of work experience Operates a Business Cultural or athletic activities (certain NOC’s only) Business owner or senior manager
Education High school diploma High school diploma Post secondary credential
Business Plan Yes N/A Yes
Support from designated organization Yes (Letter of support) N/A Yes
Settlement fund Depends on number of family members (minimum $13,213) Depends on number of family members (minimum $13,213 Depends on number of family members (minimum $13,213)
LMIA required N/A N/A N/A
Processing time 16 months 36 months 6 months
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Looking to Purchase a Business in Canada?

Canada is a country that encourages innovative ideas that create jobs and positively contribute to the community. With over 1.2 million businesses throughout Canada, there’s something out there for everyone!

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