Canada’s immigration policies are outlined in the objectives of the Immigration and Refugee Protection Act. A number of provisions are directed at facilitating the continued development of the Canadian economy through investment by foreign nationals who intend to relocate to Canada on a temporary or permanent basis.
Canada admits business immigrants on a permanent basis under the Business Immigration Program. The program in addressing the objectives of the Immigration and Refugee Protection Act is designed to attract individuals with capital, business acumen and entrepreneurial skills in order to promote economic development and employment in Canada. The program is also designed to select individuals with familiarity of business practices in foreign markets in order to promote international trade opportunities with Canada.
The Business Immigration Program comprises of three classes including Investor, Entrepreneur and Self-Employed.
Applications for permanent residence under the business immigration program often entail processing delays that exceed the expectations and objectives of applicants. Accordingly, alternative solutions (promoting early entry) may be available by way of temporary admissions to Canada though the investment immigration route.
Canada admits business immigrants on a temporary basis under the temporary foreign worker program. Qualified applicants include successful business persons who qualify for work permits under investment immigration vehicles supported by applicable International Agreements or that would create or maintain significant economic benefits or opportunities for Canadian citizens or permanent residents. The issuance of a work permit on the basis of investment would depend on the nationality of the applicant and the nature and location of the business in Canada.
We frequently provide counsel to qualified applicants seeking temporary or permanent admission to Canada on the basis of investment immigration. Interested applicants may wish to contact us for further information regarding the availability of businesses for sale in Canada and/or the issuance of work permits under applicable programs.
Further information may be obtained by contacting Colin R. Singer, Attorney – info@immigration.ca.
