Canada came up with this new initiative, which is accepted by the new entrepreneurs around the globe. Introduction of entrepreneur program has helped the eligible small businesses and startups to grow in Canada. The Canadian business immigration policies will help your business reach new heights as you work together to bolster the economy of the Country and create new job opportunities for the Canadian locals.
Initially the idea was labeled as Federal Entrepreneur Program, which later was terminated by the Government with the assumption that it will not return any time sooner. This program implied that eligible applicants and their immediate families will be granted Canadian permanent residence for managing and establishing or acquiring at least 33.33% of equity within an eligible Canadian business that creates a minimum of one new job within the economy.
The termination of this idea leads to the creation of a new concept of the entrepreneurship programs in shape of Federal Startup Visa, Quebec Entrepreneur Program and Provincial Nominee Programs for Entrepreneurs. The core idea behind all these programs is the same, i.e. Canada is helping the entrepreneurs grow their business in Canada, while the entrepreneurs help the economy with new job opportunities.
Once approved under the Entrepreneur program, the investor along with his or her family, can then apply for their Canadian permanent visas. Applicants must either establish a new business or acquire at least 33.3% equity in an existing and qualified Canadian business which should create new job employment for a Canadian citizen.
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