A majority of US Tech giants are criticizing Trump’s decision of suspending several employment and non-immigrant visas for foreign workers seeking U.S jobs.
“Immigration has contributed immensely to America’s economic success, making it a global leader in tech, and also Google the company it is today,” tweeted by CEO Sundar Pichai, who said he was “disappointed” by the order. “We’ll continue to stand with immigrants and work to expand opportunity for all.”
Apple’s CEO, Tim Cook has also expressed his disappointment through a tweet, “Like Apple, this nation of immigrants has always found strength in our diversity, and hope in the enduring promise of the American Dream. There is no new prosperity without both. Deeply disappointed by this proclamation.”
President Donald Trump signed the executive order stating the suspension of visa till the end of 2020 will help the American workforce find jobs during the recession period caused by the Covid-19 pandemic.
The tech companies use some of these visas to hire thousands of skilled professionals from overseas every year.
The shuttering of these visa programs has discouraged a lot of skilled workers and techies who were striving for the American dream. Unfortunately with the ban in place, approx. 525,000 prospective immigrants will not be able to attain temporary or permanent residency status in the United States.
Canada- An Ideal Alternative to the Silicon Valley Obsession
But, the good news is- many immigration aspirants both skilled and business are now seeking Canada as the next best alternative to fulfil their personal and professional goals. Canada has a mature eco-system, offers a unique culture for innovation, ample talent, a plethora of funding resources, and world-class infrastructure to develop and scale a business idea.
Cities like Toronto, Vancouver, Montreal, and Ottawa have a large concentration of big companies and are reputed for encouraging a company building culture. These cities offer all the right ingredients with experienced investors willing to invest in unique business ideas and a take chance to work with new start-up owners. They also help new start-ups to hire talented people and enable them to scale-up their business.
Fortunately, Canada has a range of programs for investors, forward-thinking entrepreneurs, and innovative start-up owners who want to create something of their own in a developed economy.
Here are some alternative visa programs in Canada that investors, entrepreneurs, start-up owners can consider instead of the US. This list is meant to inspire you to take a look at what Canada might offer you for a rewarding future.
Canada Start-up Visa – if you are an entrepreneur or an investor, looking for an alternative to the US to kick-start your business idea, then you might consider this option. The Canada start-up visa is an attractive option because it does not require a minimum investment by the immigrant, there is also no net worth requirement, and the immigrant is free to live anywhere in Canada. All you need is an innovative and a viable business idea to get the funding.
What’s more, you can permanently migrate to Canada with your family, and after three years, you can apply for Canadian citizenship and a Canadian passport.
Canada Entrepreneur Streams– If you are willing to invest INR 56 lakhs- INR 2 Cr. in a Canadian business, you can get easily settled in Canada with your family under business category.
Provincial Nominee Programs- Many provinces in Canada have their own business investment programs for business migrants. You need to invest between INR 56 lakhs- INR 6 Crores.
Canada Self-Employed Persons– The program allows people to immigrate to Canada permanently as a self-employed person. The program requires you to have relevant experience in cultural activities or athletics. You must also be willing and able to make a significant contribution to the cultural or athletic life of Canada. There is no regulated minimum net worth requirement.
If you want to immigrate to Canada as a Skilled Worker, then you may consider the following visa pathways:
Canada Express Entry – It is the most popular immigration route for skilled professionals looking for relocation solutions abroad. Express Entry is an online system operated by IRCC to manage skilled applications for Canada PR visa. It provides permanent residency to the entire family upon meeting the requirements of point based immigration system.
Provincial Nominee Programs for Skilled Workers– Canadian provinces have the authority to nominate skilled professionals based on the eligibility criteria determined by the individual provinces.
Partner with us to know the best Canada immigration option for you and your family. Book a free consultation today and get personalized advice on your immigration needs.