Business Visa
Canada

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Benefits of setting up business in Canada

There are two pathways for the entrepreneur visa

If you have a provisional business visa (Business innovation and investment (provisional) visa), you will be eligible for permanent residence after establishing your business

Business visa applicants with extensive experience (Business talent visa) can be sponsored by a state or territorial government for PR visa

With the Business Innovation and Investment (Provisional) visa you can own and manage a business in Canada or conduct a business or investment activity entrepreneurial activity in Canada.

The right to establish a new or develop an existing business, or to invest in Canada

Unlimited travel in and out of Canada

Bring family members with you to Canada

Opportunity to apply for Canadian citizenship

The opportunity to apply for permanent residence through the Business Innovation and Investment (Permanent) visa (subclass 888)

It is also possible to extend your visa for a further two years if you have applied and been granted the Subclass 188 visa under the Business Innovation stream

EVALUATE YOUR MIGRATION ELIGIBILITY
 

  • One of the most experienced immigration teams in the world
  • Global presence with 40+ offices in 4 countries
    1. One of the most experienced immigration teams in the world
    2. Global presence with 40+ offices in 4 countries
  • Highest ratio of successful migration applications
  • We offer documentation, processing, application filing & visa interview support

WHY CHOOSE Y-AXIS?

 

  • One of the most experienced immigration teams in the world
  • Global presence with 40+ offices in 4 countries
  • Highest ratio of successful migration applications
  • We offer documentation, processing, application filing & visa interview support
Invest

Eligibility to Invest

  • Ownership of a business with turnover of at least AUD 500,000 for at least 2 of the last 4 fiscal years

  • Net personal and business assets of at least AUD 800,000.

  • Under 55 years of age, unless the nominating state or territory certifies that you will make an exceptional economic contribution benefit.

  • Meet the pass mark in the Business Innovation and Investment Points test currently 65 points. Points are awarded on:

  • Age, English language ability, Qualifications

  • Experience in business or investment

  • Net personal and business assets, Business turnover

  • Innovation. Special endorsement

  • Have an overall successful career in business.

Opportunities In Canada

Work Opportunity

As one of the world’s most dynamic countries, Canada has an immense requirement for skilled talent. Make the most of this opportunity by applying for an Canadian Work Visa. Having years of experience in Canadian immigration processes, Y-Axis is the perfect consultant to launch your career in Canada.

Migrate Opportunity

Canada is one of the world’s most desired migration destinations, with a welcoming culture, vibrant cities, and sunny beaches. Highly-skilled professionals from all over the world come to Canada for its great quality of life and stable economic prospects. An English-speaking country, Canada is easy to assimilate into. Canada has a more cosmopolitan culture thanks to a significant migrant population. The enviable citizen benefits and progressive policies of Canada make it a great destination to settle with your family.

Study Opportunity

Choosing to be an overseas student might considerably expand your educational opportunities. Foreign universities in the United States, the United Kingdom, or Australia have highly reputed institutions, and these three nations are home to a large percentage of the world’s top universities.

Why Investor Visa?

  • Easy Access to World's Market
  • International Business Operations
  • Plenty of Resources Available for Business
  • Settle as Permanent Resident
  • Apply for Citizenship

Canada Investor Visa Programs

For immigrants wishing to set up a business in Canada, the Canadian investment visa program offers four categories of business visas:

  • Startup visa program
  • Entrepreneur visa program
  • Self Employed Persons
  • PNP Business Programs

Canada Startup Visa Program

Immigrant entrepreneurs are encouraged to grow their businesses in Canada under the Startup Visa program. Successful candidates can form a partnership with a private Canadian investor to obtain cash and advice on how to run their business. They can approach three different sorts of private sector investors:

  1. Venture capital fund
  2. Business incubator
  3. Angel investor

This program also offers a permanent resident visa to qualified immigrants who start a business in the country. The other name for this visa program is the Startup Class.

Eligibility requirements for Canada Startup Visa

  • They must have proof that their business has the required support from a designated entity in the form of a Commitment Certificate and Letter of Support
  • They must possess a qualifying business
  • They should have the required proficiency in English or French
  • They should have completed at least one year of post-secondary education
  • They should have enough funds to settle in Canada and support dependent family members
  • They must clear the medical tests and security requirements

To be eligible for this visa, applicants must have the backing or sponsorship of a specific Canadian venture capital fund, angel investor, or company incubator.

This visa scheme has been designated by the IRCC for specific venture capital funds, investor groups, and business incubators.

Candidates can come to Canada on a work permit sponsored by their Canadian investor and then apply for a PR visa once their firm is established in the country under this visa scheme.

Entrepreneur Program

This program allows you to start a business in Canada and earn permanent residency.

Eligibility requirements for Entrepreneur Program

The applicant must meet the following requirements:

Within two years of arriving in Canada, start, buy, or make a major investment in a business that will contribute significantly to the economy.

Actively manage the business.

Have at least one employee who is a Canadian citizen or permanent resident.

Self-Employed Persons Program

This stream is for those who want to start or buy a business in Canada that will contribute to the economy as well as the country’s cultural and artistic way of life.

Eligibility requirements for Self-Employed Persons Program

  • Have a minimum of two years of experience in the field.
  • Have the ability and desire to be self-employed in Canada.
  • Meet the program’s minimal selection standards, which are 35 points.
  • Meet the medical, security and other conditions.

The selection to this program is based on the points acquired under the following criteria:

  • Experience
  • Education
  • Age
  • Language Abilities
  • Adaptability

PNP Business Programs

Through PNP programs, provinces across Canada have access to a variety of corporate investment opportunities.

Each province has its own set of rules. Some jurisdictions, such as British Columbia, provide lenient rules for non-residents who want to launch a firm as a sole proprietorship.

If you want to start a business in a province where non-Canadians are not allowed, you can do so by forming a partnership or corporation with one or more Canadian citizens or landed immigrants. You must first register your partnership or corporation with the provincial government.

Canada Permanent Residency

These programs allow investors and their family members to get permanent residency in Canada if they meet the Canadian government’s selection criteria.

You must meet the following requirements if you are an applicant:

  • You must demonstrate that you have relevant business experience. To put it another way, you must have owned or run a qualified business for at least two years in the five years preceding to submitting your application.
  • You and your spouse must have collected at least CAD 2 million in personal savings through legal ways.
  • In order to enter Canada, you and your family must pass medical and security screenings.
  • Under one of the government’s two accessible immigrant investor programs, you will be asked to contribute CAD 1.2 million for a five-year term at zero percent interest. The investment is insured by the government and will be fully refunded at the conclusion of the investment period.
How Y-Axis can help you?
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Frequently Asked Questions

How can I get Canadian citizenship through investment?
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What are the specific guidelines of the Startup visa program?
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How long does it take to get a work permit and a PR visa through the Startup visa program?
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What is a Canadian Investor Visa?
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How much do I need to invest for a Canada investment visa?
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What are the eligibility criteria for a Canada start-up visa?
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Can I get support from a designated organization to start a business in Canada?
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