Canada PNP Business Immigration

The Government of Canada has granted rights to its provinces to run their own immigration programs and select economic immigrants who can make lasting contributions to the Canadian economy. The provincial nominee programs have always been the driving forces behind Canada’s economic development as they play a pivotal role in attracting skilled workers who can support economic growth in the provinces, and thus overall Canada.

Apart from skilled workers, Canadian provinces also attract motivated and innovative entrepreneurs around the globe who wish to invest in and actively manage a business one of Canada’s provinces via PNP business immigration programs. The business investor programs are designed to target wealthy foreign nationals who can permanently immigrate to Canada by investing a significant amount of funds in a new or an already existing business in their chosen Canadian province. Each province has its own investment or net worth related requirements, and thus nominate eligible business immigration candidates who can not only boost the provincial economy, but also generate employment opportunities for other Canadian citizens and permanent residents.

Canada Business Visa

Prospective investors wishing to invest in and manage a business in any of Canadian provinces are required to submit a detailed viable business plan or proposal that must explain the nature of business they intend to buy or establish in their chosen province. It must also highlight the source of funds, and how their business model will help bolster the province’s local economy.

Another key feature of Canada PNP Business Immigration is that in some provinces the aspiring investors are required to demonstrate full-time business management experience. The years of experience completely depend on province to province. Additionally, applicants must operate the business actively on a day-to-day basis, and commit to its operations in the long-term. In fact, in some provinces it is necessary to meet the performance benchmarks for businesses to maintain their status and establishment in the province.

The minimum investment requirement for PNP business immigration programs varies from province to province. Also, some provinces make it mandatory for the qualified investors to have an exploratory or a pre-arranged trip to help them make an informed choice on whether they are genuinely interested in expanding the reach of their business enterprise or not.