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Entrepreneurs must have at least 2 years of business experience, a minimum net worth of $300,000 in Canadian funds and intend to purchase and operate a business in Canada. The entrepreneur immigrant must own more than 1/3 of the business venture and create at least one full-time job for a Canadian citizen or permanent resident. In addition to the business requirements applicants must meet selection criteria where points are earned towards a passing score. The criteria are based on: age, education, official languages, experience and adaptability.
- Visit British Columbia before you complete your immigration plans so you can gain first-hand experience of life in Canada.
- An Immigration and Investment Seminar is held twice a month in Vancouver. Attendees will be awarded an Attendance Certificate to help support their immigration application.
- The Small Business BC website offers a host of business information, and Community Futures is a good source for South Kootenay entrepreneur startup information.
- Regulatory Requirements outline the conditions that must be met to be considered a business entrepreneur. Check to ensure you meet the basic requirements.
- Read the guide on applying for a Permanent Residence for Business Class applicants. The guide details the requirements and contains instructions on how to complete the 5 application forms.
- Application Forms to apply as an Entrepreneur, Investor, or Self-Employed business immigrant.
- Attend a personal interview. If you meet the basic requirements, you and your dependents will be invited to an interview with a visa officer at the Canadian Embassy, Consulate or High Commission. As an Entrepreneur, you will have the opportunity to show your knowledge of business conditions in British Columbia. You are not expected to invest in a British Columbia business until you have taken up permanent residence in Canada.
- Undergo medical and security check. If your interview is successful, the visa officer will give you forms and a schedule for a medical examination. Immigration officials will verify your personal background. (Persons with a criminal background do not qualify for immigration to Canada).
- Receive your visa. Welcome to British Columbia. As a successful applicant, you and your dependents will receive a Canadian immigrant visa permitting you to start your new life in British Columbia. Your visa will be valid for twelve months from your medical examination. You and your dependents named on the visa must take up permanent residence in Canada before the visa expires. The visa’s validity period cannot be extended.
- As an Entrepreneur, you will receive a visa with specific terms and conditions. These terms and conditions require you to start your business activity within three years of landing in Canada.
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