Different Ways for Foreign Businesses to Enter into Canada
- October 04, 2023
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Different Ways for Foreign Businesses to Enter into Canada
Visa programs allows foreign entrepreneurs to obtain work visa and permanent residence visa to register a business in Canada. Any foreign individual, business owners, and investors can take benefit from these programs. These visas can be obtained through entrepreneurs work visa program, intra-company transfer, starting an innovative startup and Provincial Nominee Programs.
Every program has different eligibility criteria, so it is mostly advisable to take help from a professionals. They can assist you better in understanding the requirements of each visa and which works best for you as per your requirements.If you want to obtain a visa to visit Canada, below in this article, different types of visa information is shared.
C11 Entrepreneur Work Permits
The C11 entrepreneur work permit allows foreign entrepreneurs, business owners, and investors to visit Canada. The C11 permit was created under the International Mobility Program (IMP), allowing foreign businesses and investors to obtain a work permit in Canada. The time limit of the permit is two years and it can be further renewed several times. The self-employed entrepreneurs who get the C11 permit become eligible for permanent residence in Canada.
Who Can Benefit from the C11 Permit?
The C11 Entrepreneur Work Permit is best for the following individuals:
- Self-employed individuals who want to start a business in Canada.
- Entrepreneurs who want to buy a business or a franchise in Canada.
- Individuals who are selected under any of the Entrepreneur Streams of the Provincial Nominee Programs.
- Startup Founders who submitted their application under PR application under the Startup Visa Program.
The program works best for these individuals for the following reasons:
- The individual who visits Canada temporarily to starting up in Canada.
- Those who intend to establish business in remote areas and company registration in Canada.
- Those who offer unique services or products that will benefit Canadians.
Intra-Company Transfers to Canada
The intra-company transfers to Canada are very famous ways for international workers to move to Canada. So, if you are working in a company which has its parent company, subsidiary, or any affiliated Canada company register then you will get Canadian work through the company transfer programs.
Under the intra-company transfer program, a work permit is provided on a temporary basis. The experience that an individual gain during the intra-company transferee can be used in getting a permanent residence. A Canadian work experience is provided more value in the Canada’s immigration system.
The family members of the foreign worker in Canada are also able to work on an open work permit. The employers bringing foreign staff to Canada as intra-company transferees are exempt from the requirement of getting LMIA (Labour Market Impact Assessment). This way is simpler, quicker and more cost effective than the proper LMIA route.
Start-Up Visa Program
This is a program that allows founders of innovative startups to get permanent residency in Canada. To register a business in Canada, the 5 founders and their family members can benefit from the SUV program. As compared to other foreign programs, this program has very high requirements from the foreign entrepreneurs. Any individual who wants to qualify for the start-up visa program, has to meet all the four eligibility criteria as well as the admissibility requirements to enter Canada.
- Show proof that you have qualifying business in Canada.
- Get a letter of support from a designated organization.
- Meet the language requirements.
- Bring enough money to settle.
Each immigration program had different application and eligibility requirements. But, some basic questions will be asked about you while filling the form:
- Nationality
- Age
- Language Ability
- Family Member
- Education
- Work Experience
- Income and Net Worth
In case, you are not eligible to come to Canada. The Canadian immigration officer will decide whether you can visit Canada or not. When you arrive at a port of entry or when you apply for a visa or an Electronic Travel Authorization (eTA).
Provincial Nominee Programs (PNP)
The Provincial Nominee Program (PNP Canada) is an immigration system that is made for new and urgent immigration into Canada. It allows provincial and territorial governments to invite immigrants based on their labor needs through local discretionary nominations. The outcome of successful applicants is permanent residency in Canada.
There are 80 PNP streams in Canada that offer individuals the opportunity to obtain Canadian permanent residency. However, certain territories, such as Quebec and Nunavut, have their own systems and determine their economic immigration selection process.
To provide some context, Canada has 10 provinces and 3 territories that are governed by the Canadian Constitution. While the federal government is responsible for national immigration laws and regulations, provinces have concurrent jurisdiction over immigration matters and have some freedom in implementing the PNP programs.
Ways to Apply for PNP in Canada
You can apply for the PNP program in Canada:
- Applying to a PNP Program Directly – Your application will be reviewed by the province on the basis of selection criteria and points system. After reviewing the application, if it is found suitable then a nominal letter will be provided to apply for PR.
- Applying through the Express Entry System – In this case, your profile will be visible to all provinces and territories. If you get selected, you will receive an invitation to apply for an Express Entry stream.
Conclusion
To conclude, all these visa programs works perfect for most of the entrepreneurs, investors, and businesses. They can choose the visa as per their requirements. But the individual, who don’t know the process to choose the right visa or its process of applying. For those individuals or entrepreneurs, the process of applying for the visa can be lengthier, so it is advisable to get assistance from the professionals. We at Registrationwala, assist businesses to starting up in canada.
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