Immigration Canada

Business Immigration

Entrepreneurs

Entrepreneurs must have business experience. They must have managed a business and controlled a percentage of equity of a business for at least 2 years in the period beginning 5 years before the date of application.

The entrepreneur class applicant must have a net worth of at least $300,000. Additionally, they must have the intention and the ability to:
Control a percentage of equity of a qualifying Canadian business equal to or greater than 331/3 %;
Provide active and ongoing management of the qualifying Canadian business; and
Create at least one incremental full-time job equivalent for one or more Canadian citizens or permanent residents other than the entrepreneur applicant and their family members.

Entrepreneurs are required to sign a statement that they intend and will be able to meet the conditions or permanent residence.

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Features of the Entrepreneur Program
A minimum net worth requirement of $300,000;
A requirement that within three years of becoming a permanent resident, the entrepreneur must have controlled and actively managed a qualifying Canadian business for a period of at least one year, and that the business must have created employment opportunities for others; and
All family members are admitted under the same conditions as the principal applicant; the conditions are removed once the entrepreneur satisfies the conditions."Immigration Canada"