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Canada Business Visa

Canada welcomes business owners and Entrepreneurs as well as self-employed farmers or athletes under the business visa to Canada categories. You must first meet the definition of the one class you are applying under (below) to be eligible for assessment against the selection criteria.

Entrepreneur Class

This visa is aimed at people with a demonstrated successful business background with a genuine intent to own a business in Canada. The business can be a new venture or buy into an existing Canadian Business.

Once granted this visa, it allows you to:

  • Establish a new or existing business in Canada
  • Live and Work in Canada with your dependent family as Permanent Residents
  • Multiple entry into Canada for as long as the visa is valid
  • Apply for Canadian Citizenship within 4 years

You must meet the basic requirements of this visa prior to applying, which include the following:

  • Must have managed and controlled a qualifying business for at least two of the five fiscal years immediately before you apply
  • Depending on whether your business is a Sole Proprietorship, corporation or joint venture you must have controlled a certain percentage of equity in the qualifying business
  • Must have a minimum net worth of CAD300,000.00

In addition to meeting the basic eligibility requirements you need to achieve a basic score in the Business Migration to Canada points test. The passmark for all Business Immigrants is currently 35. The categories to acquire points are broken down to assess Age, English language, Business Experience, Qualifications and various other adaptability points.

A qualifying business is any business other than one that solely operates for the purpose of deriving interest or capital gains i.e. property investment. There are however other factors to take into consideration when assessing ‘qualifying businesses’ and so if you meet he above minimum requirements and wish to know more, please get in touch!

Self-employed Class

The Self-employed visa to Canada is not as transparent as it may first appear. The term self-employed does not extend to all people who are currently self-employed and is only aimed specifically at self-employed Farmers or athletes. Applicants who are self-employed under other categories such as trades or professional occupations should refer to the Federal Skilled Worker Class or Entrepreneur Class.

This visa enables you and all dependents the opportunity to:

  • Live and Work in Canada as Permanent Residents
  • Multiple entry into Canada for as long as the visa is valid
  • Apply for Canadian Citizenship within 4 years

The basic qualification of this visa includes the following:

  • Must have been self-employed for a minimum of 2 years within the recent 5 years in cultural activities or athletics; OR
  • Participation in cultural activities at world class level for 2 out of the recent 5 years before applying; OR
  • Farm Managements experience for a minimum of 2 years out of the recent 5 years before making an application

In addition to meeting the basic eligibility requirements you need to achieve a basic score in the Business Migration to Canada points test. The passmark for all Business Immigrants is currently 35. The categories to acquire points are broken down to assess Age, English language, Business Experience, Qualifications and various other adaptability points.

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