Canada’s federal system and national social norms provide a “European alternative” to replace America’s shameful capitalism. Canada offers European-style social benefits with a fairly high level of taxes and an unmatched quality of life. In the Canadian model, business migrants can benefit from a national health program, a first-class affordable education, and a national pension system that provides measurable annual income upon retirement. To get funding over the course of your career.
Net worth is established through bank statements, investor brochures, real estate appraisals, audited financial statements and other relevant updated documents. Candidates must report all personal assets and liabilities. However, you do not need to provide proof of assets in excess of $ 2 million.
Applicants must also show that their net worth has been legally acquired. It takes into account a person’s past earned income, business, local market conditions, inheritance, and donations. While it is often difficult to write detailed documents about the early stages of an applicant’s career, clear supporting documents make the application process easy.
Adequate management experience
The purpose of this program is to attract business knowledge and investment in Quebec. Qualified applicants generally owned or controlled active businesses or businesses that may involve professional practices, rather than simply managing investment activities. In this context, gray areas include professionals, passive real estate investors and investment managers who do not manage their business. For example, real estate under development may be eligible, but owning real estate may not be.
Appropriate management experience is defined in applicable regulations as follows:
Has obligations related to the planning, management and management of financial resources and human or physical resources under the authority of the investor during at least two of the five years prior to the application for the selective certificate. This experience does not include experience obtained in learning, education or discipline certified by a diploma “.
Investment and financing
Successful applicants must invest in Investment Quebec for 5 years. The capital will then be returned without interest. The five-year period begins when the applicant issues a certificate of choice before entering Canada. The return on investment is used to fund a variety of business and social programs within Quebec.
In general, financial schemes require banks to pay an advance before borrowing up to $ 1.2 million in balance. The applicant then deposits the amount in Investment Quebec. The advance will not be refunded after 5 years. Banks receive fees and interest from the initial payment and the Immigration Office receives fees from the initial payment. The net cost of an investor is an advance.
To qualify as an owner-operator, foreign investors must have:
- Verifiable and transferable management experience.
- Sufficient assets to purchase the eligible business in Canada.
- Sufficient English or French skills to actively work as a business manager.
- Capital management in the business: We own more than 50% of the shares and we cannot be fired.
Ownership of shares does not guarantee qualification as a foreign owner. It is necessary to offer employment to foreign investors who are actively involved in business operations. This is evaluated considering the intention of the foreigner to operate the business and the experience of managing or operating the business.
There is no minimum waiting time
In the first year of employment in Canada, foreign investors can apply for permanent residence with their family directly if they qualify for the appropriate program (Federal Express Entry or Provincial Referral Program). In most cases, this process can be completed in 12 months.
Based in Canada, the law firm is comprised of more than 25 immigration attorneys, consultants, and technicians, representing North America’s largest companies on immigration and workforce projects, and international celebrities in the immigration industry. fashion and performing arts. We frequently work with companies based in Canada and the United States to provide immigration consulting, search consulting, and professional and technical executive recruitment services. We pride ourselves on our ability to provide cost-effective solutions to our networks of corporate clients, HR managers, and sole proprietorships.
Alternative residency through investment immigration programs is an important consideration for many high-income households. We frequently seek investors for financial solutions to address the impact of international tax contracts, such as the Foreign Accounts Tax Compliance Act (FATCA) of 2014 and the OECD / G20 automated information exchange standards of 2014. Representation.
We welcome the opportunity to offer our clients home-based options that enhance quality of life, educational opportunities, and provide travel flexibility in a safe environment for families.
If an international company is established in Ontario and complies with the rules of the program, the Government of Ontario can nominate five key corporate members essential to the establishment, operation and success of the company for permanent residence … Once recommended, the applicant is eligible to apply for permanent residence in Canada. Ontario Entrepreneur Stream is for people who want to start a business or purchase an existing business in Ontario outside of Canada. Those who are approved for the program will be nominated for permanent residence in Canada. Once recommended, the applicant is eligible to apply for permanent residence in Canada.
