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cooluser
Top Member

1885 Posts

Posted - September 03 2008 :  09:13:18  Show Profile
hello all,


quick question: how much does an individual has to show (in money) to come to canada on a business application process?? the person lives in india.



i know an individual and he would like to come to canada and would like to start his own business. he would like to know how much does he need to show (money) to chc?? also, what r the documents which r required to show?



all of ur help is much appreciated.


thanks in advance


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cooluser
Top Member

1885 Posts

Posted - September 05 2008 :  08:56:39  Show Profile
hello anyone,


does anyone have the answer to my question??


thanks all


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cooluser
Top Member

1885 Posts

Posted - September 18 2008 :  08:24:56  Show Profile
hello all,


i posted the above topic couple of days ago. just wondering if anyone have the answer to this.


thanks


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nv30116
New Member

6 Posts

Posted - September 22 2008 :  18:00:49  Show Profile
Hi.. I just applied under the entreprenuer business immigration program.... for that you need to show business experience/education/etc... you get points for different categories. You also have to have a newt worth of at leas 300k in canadian dollars. you might want to go on to canadian immigration website for more detailed information...
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antonia
New Member

Greece
27 Posts

Posted - November 24 2008 :  11:05:20  Show Profile
is they are a loan, it is ok.
please answer me
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antonia
New Member

Greece
27 Posts

Posted - November 29 2008 :  11:54:41  Show Profile
hey can anybody help me?
if the money is morgage or loan from the bank they are coniderate like net worth?
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letsgotocanada
Senior Member

322 Posts

Posted - December 02 2008 :  19:11:31  Show Profile
no

quote:
Originally posted by antonia

hey can anybody help me?
if the money is morgage or loan from the bank they are coniderate like net worth?

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canadiancitizen
Junior Member

Canada
62 Posts

Posted - June 03 2009 :  09:12:02  Show Profile
The "business investor " class requires that you not only have MONEY to invest, but you also have to have previous, verified , managerial experience in actually RUNNING a similar business, in YOUR country.

As for the MONEY, it has to YOURS, and it has to be CASH, not land, or loans , or mortages . The Canadian Government has learned to be much more carefull about accepting paperwork that purports to show the amounts that a applicant has in cash. "show money " is now the wrong way to go.

A further requirement is that the individual investor will be creating jobs FOR Canadians, not their family . The days of buying a cheap motel, and bringing in 20 people, to be "staff members " are over.

Jim B. Toronto.
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Aikimox
New Member

Canada
1 Posts

Posted - June 05 2009 :  14:22:03  Show Profile
Hi Daisy1985,
I have the same question. I'm on a specific work permit here and my wife has an open work permit. She started her own business. Now we would like to know if there's any way to change the status of our stay in Canada and make my wife the applicant (switching to a different type of immigration) without leaving the country?
Is it possible?

Thank you,

Dimitry
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