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Canadian Immigration (Entrepreneur):
The Entrepreneur program was developed to encourage the entry of experienced business persons to Canada who are able to make a substantial investment and thereby create employment and contribute to the economic well-being of Canada. In order to be approved as an Entrepreneur, the applicant must first meet the regulatory definition of an Entrepreneur and then comply with the selection criteria for that category of immigrant
Selection:
Entrepreneurs are assessed on seven factors: (1) Education; (2) Business Experience; (3) Age; (4) Knowledge of English and French; and (5) Adaptability
Applicants must achieve a total of 35 points or more out of a maximum of 100 in order to qualify as an Entrepreneur, unlike the Independent Class applicants which have to achieve 67 points.
Further Requirements:
- have at least two years experience in the management or control of a business
- have a legally obtained a net worth of at least $300,000, and
- can provide a written statement to an immigration officer that they intend and will be able to meet the conditions outlined below.
Conditions: An entrepreneur immigrant must control more than 33 1/3 per cent of a business, provide active management and create one full-time job (1,950 hours of paid employment) for another Canadian. The person must meet these conditions for at least one of the first three years after becoming a permanent resident.
For further details and process of your application, please visit our
office.
