| Every year, Canada welcomes thousands of new | | | | economy. The Canadian government encourages |
| permanent residents from all over the world to start | | | | prospective business immigrants to invest in the |
| a new life. This fact represents an excellent | | | | country. As a result, foreign business people often |
| opportunity but it is also a great challenge that | | | | find Canada to be an excellent place to invest capital. |
| requires effort and dedication in order to achieve the | | | | Business immigrants represent approximately 10% of |
| objective of immigrating successfully. Canada offers a | | | | total immigrants. |
| number of options to immigrate in order to apply for | | | | There are three classes under this category: |
| permanent residence status. Let me explain briefly | | | | Investors – The program seeks to attract |
| the most important alternatives. | | | | capital and persons with business experience to |
| The different options to immigrate to Canada are:a) | | | | Canada . Investors must make a prescribed |
| Skilled Worker Class Immigration. | | | | investment of CDN $400,000, which is placed with |
| In order to fill employee shortages, Canada | | | | the Receiver General of Canada . |
| constantly needs skilled persons from diverse | | | | Self Employed persons – The program seeks |
| backgrounds. To immigrate under this scheme, the | | | | persons that have the intention and ability to create |
| applicant should have education, work experience, | | | | their own employment in order to contribute to the |
| knowledge of the official languages in Canada (English | | | | cultural or athletic life of Canada. Self Employed |
| and/or French), and other relevant factors. Applicants | | | | persons must have relevant experience in cultural |
| with substantial work experience and academic | | | | activities, athletics or farm management. They must |
| qualifications are far more likely to immigrate under | | | | have the intention and ability to establish a business |
| the Skilled Worker scheme.b) Business Class | | | | and create their own employment. |
| Immigration | | | | Entrepreneurs – The program seeks to |
| This scheme seeks to promote economic | | | | attract persons with business experience that will |
| development in Canada by attracting successful | | | | own and actively manage a business or businesses in |
| business people. Business immigrants considered for | | | | Canada. Entrepreneurs must demonstrate a minimum |
| this category are mainly people that are able to | | | | net worth of CDN $300,000 and business experience. |
| invest in, or start businesses in Canada . This program | | | | They are subject to conditions upon arrival. |
| seeks to attract people experienced in business to | | | | In my next article, I will discuss the other immigration |
| Canada in order to support the development of the | | | | options. |