CANADA

Canada is a nation in North America that stretches from the southern U.S. to the northern Arctic Circle. Major cities include the sprawling Toronto, the west coast film hub Vancouver, the bilingual French metropolis of Montreal and Quebec City, and the nation’s capital Ottawa. The Rocky Mountains’ lake-filled Banff National Park is one of Canada’s huge wilderness areas. It’s also home to Niagara Falls, a famous group of massive waterfalls.

Capital
Ottawa
Population
37.06 Million (2018)
Currency
Canadian Dollar
GDP
$ 20.50 Trillion
Provinces
Ontario, Quebec, Nova Scotia, New Brunswick, and more..
BRITISH COLOMBIA BUSINESS IMMIGRATION INTRA COMPANY TRANSFER (ICT) OWNER OPERATED LMIA PROGRAM QUEBEC IMMIGRANT INVESTOR PROGRAM SASKATCHEWAN FARM OWNERS/OPERATORS STREAM START-UP VISA PROGRAM

British Colombia Business Immigration

British Columbia operates three business streams:

  • Entrepreneur Immigration
  • Entrepreneur Immigration – Regional Pilot
  • Entrepreneur Immigration – Strategic Projects

Entrepreneur Immigration

Requirements

  • Establish an eligible new business or purchase and improve an existing business in B.C.
  • Investment of a minimum of $200,000 in the new or existing business.
  • Create at least one new full-time job for a Canadian citizen or permanent resident
  • Net worth of minimum of $600,000.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing, BY THE
    TIME OF NOMINATION.
  • Business and/or management experience.
  • Have, or be eligible for, legal immigration status in Canada.
  • Have been lawfully admitted in the country where you currently reside.
  • Pay a $300 registration fee, $3,500 application fee and $1,000 fee for each key staff application.

Process

1. Registration

Online registration is required, along with the $300 non-refundable registration fee and a concise business plan. Candidates are scored after being assessed based on the information they provide, added to a pool, and kept there for six months, 180 days, or until they receive an invitation.

2. Invitation

Regular draws are held in British Columbia, typically one for the Entrepreneur stream per month. After being invited to apply, you have four months to submit a complete application. The score is based on a number of characteristics, including age, job history in Canada, and English language competency. Candidates can improve their score while still in the pool by, for instance, presenting a novel business concept.

3. Net Worth Review

Candidates who are extended an invitation to apply will have their net worth evaluated by a qualified provider, a licensed professional chartered accountant. The amount, the financing source, and any accompanying documentation are all considered in the review. The contestant is accountable for all costs.

4. Application

Once they receive an invitation, candidates have four months, or 120 days, to submit an application. Candidates might need to show up for an interview. Those that are accepted must sign a performance contract with BC. After that, they have 610 days, or 20 months, to put their business plan into action.

5. Building the Business

In order to apply for a two-year work visa with Immigration, Refugees and Citizenship Canada, candidates receive a letter of support from British Columbia. Within 12 months, or 365 days, of receiving a letter of confirmation, candidates and any dependents must travel to British Columbia with a valid work permit. When the candidate arrives, the 20-month implementation period for the business begins. Candidates are required to provide a final report to the British Columbia Provincial Nominee Program.

6. Nomination for Permanent Residence

Candidates who meet the terms of their performance agreement are nominated for Canadian permanent residence by B.C.
Dependents (if applicable) will also receive nominations.

B.C. Entrepreneur Immigration – Regional Pilot

The British Columbia Entrepreneur Immigration – Regional Pilot aims to attract entrepreneurs to rural parts of the province.
It was initially opened in 2019 as a two-year pilot but has since been extended until 2024.
The Regional Pilot is only for entrepreneurs wishing to start a new business. Those wishing to purchase an existing business should consider B.S.’s main Entrepreneur Immigration stream.

Key Features

1. Community Involvement

Participation communities are actively involved in attracting foreign entrepreneurs and helping them settle after arrival.

2. BC PNP Referrals

Communities can refer foreign entrepreneurs to the BC PNP. The candidates must have visited the community and have a business proposal aligned with its economic priorities.

3. Community Concierge

Participating communities have access to the services of a dedicated BC PNP Community Concierge.

4. Invitations and Prioritization

Referred candidates register is a separate BC PNP pool. Monthly invitations are issued to the best scoring candidates. Those invited received priority processing.

Community Requirements

  • The population of less than 75,000.
  • Located 30km from a municipality of more than 75,000 population.
  • Demonstrated capacity to support foreign entrepreneurs with a network of settlement and business support agencies.
  • Immigration and pilot-specific training must be completed by community representatives.

Candidate Requirements

  • Desire to start a business and settle in a B.C. regional community.
  • Complete an exploratory visit.
  • Minimum of $100,000 in eligible business investments.
  • Minimum personal net worth of $300,000.
  • Minimum of 51 percent ownership.
  • Minimum of one new job created.
  • Canadian Language Benchmark Level 4 In English or French in each of the four competencies: listening, speaking, reading and writing.

B.C. Entrepreneur Immigration – Strategic Projects

With the timely admission of foreign key managerial, professional, or technical employees who aspire to become permanent residents of Canada and settle in British Columbia, the B.C. Entrepreneur Immigration – Strategic Projects stream enables foreign-controlled enterprises establishing an eligible business in B.C.

Company Requirements

  • Make a minimum equity investment of $500,000 to establish or purchase and expand an eligible business in B.C.
  • Create at least three new jobs for Canadian citizens or permanent residents for each foreign key staff member proposed
  • (to a maximum of five key staff).
  • Establish or purchase and expand a company in B.C.

Application Process

1. Exploratory visit
2. Discuss the proposal with BC PNP officials and register the company’s interest to apply
3. Apply

Share

Watch our video

Skilled Immigration
M-J Global Team can help turn your dream into reality.Our team of Immigration Consultants can help you
Business Immigration
M-J Global team assisting various applicants for visit visa. As we do everythingwe can to ensure the achievement...
Visit Visa
M-J Global team assisting various applicants for visit visa. As we do everything we can to ensure the...
Student
M-J Global Team- ``Your Education advisors`` Excited by the idea of studying Internationally...

Follow M-J Global

Frequently Read Topics
Why Study in Canada?
There are many reasons why more than 400,000 International Students chose to live and stud ... Read More
Why Did Canada Launch Express Entry?
Canada launched Express Entry in 2015 in order to move from a "first-come, first-served" i ... Read More
Who Qualifies for Canadian Permanent Residence/Skilled Worker Immigration?
On January 1, 2015, the Government of Canada implemented the Express Entry Immigration sys ... Read More
What is an Electronic Travel Authorization?
Foreign nationals from visa-exempt countries arriving in Canada by air are required to obt ... Read More
The Express Entry Job Bank
The Express Entry Job Bank is an online job site created by Employment and Social Developm ... Read More
Express Entry Candidate Pool
Once the Canadian government considers an applicant’s online Express Entry profile to be ... Read More
Study in Canada: Work After Graduation
There are many options available to you after you have completed your study in Canada prog ... Read More
Study in Canada: Internships and Co-Op Programs
If you’re looking to gain valuable international work experience while you attend school ... Read More
Requirements for the Federal Skilled Worker Program
In order to apply for skilled immigration under the Federal Skilled Worker program, an app ... Read More
Open Work permit in Canada – Work in Canada
An open work permit allows a foreign national to work for any Canadian employer he/she wan ... Read More
Nova Scotia ‘Study and Stay’
The Nova Scotia Study and Stay program specifically targets international students from Ch ... Read More
Labour Market Impact Assessments (LMIAs)
An LMIA is a document that an employer in Canada needs to obtain before hiring most types ... Read More
Invitations to Apply for Permanent Residence (ITAs)
Applicants who receive an Invitation to Apply (ITA) will become eligible to apply for perm ... Read More
Canada Inadmissibility for Individual Criminality: Definitions
Here you will find a description of the kinds of behaviour that can cause a person to be ... Read More
Federal Skilled Worker Program Eligible Occupations
Under Express Entry, Federal Skilled Workers across 347 eligible occupations who meet mini ... Read More
Express Entry Job Offer
While possessing a job offer is not mandatory for those seeking to immigrate using the Exp ... Read More
The Express Entry Candidate Pool
Once the Canadian government considers an applicant’s online Express Entry profile to be ... Read More
Eight Things to Know About Canada’s Start-Up Visa Program
Canada’s Start-Up Visa Program offers Canadian permanent residence to qualified immigran ... Read More
Comprehensive Ranking System (CRS)
All the skilled immigration applicants that are eligible for the Express Entry System will ... Read More
Citizenship Language Requirement
Applicants for citizenship between the ages of 18-54 must provide evidence of their knowle ... Read More
Canada Visit/Tourist Visa
A visitor is a person who wants to come to Canada to work, study or visit. A visitor is no ... Read More
Canada To End Special Temporary Foreign Worker Program Processing For Owner/Operators
Canada immigration authorities are moving to abolish the special Temporary Foreign Worker ... Read More
Buy a Business and Move to Canada Immigration Program
Canada immigration authorities have abolished the special Temporary Foreign Worker Program ... Read More
Explanation: Canada has announced four significant improvements for international students.
Research shows that more immigrants are opting to remain in Atlantic Canada
Canada Welcomes International Youth For The 2024 Season
Pearson Test of English is officially accepted by the IRCC for Canadian immigration

Get in touch

Would you like to speak to one of our immigration expert over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.

Code

Number

headset_mic FREE CONSULTATION
Get Free Consultation
Cancel