In the recent week, Canada Immigration has made a significant focus on Business Immigration.

What is Business Immigration?

This program is most suitable for entrepreneurs. This program is for those individuals, who are looking to make an investment in Canada or to start/acquire a business in Canada. Candidates are required to own a business and/or have managerial experience.

In the last week, many new developments have been made in Business Immigration. They are:

• In a draw held on November 23, Ontario issued 15 Invitations to Apply (ITAs) to entrepreneur immigrants. The minimum score for the candidates in the OINP’s Entrepreneur Stream was 112.
• In another draw held on November 21, Saskatchewan issued 84 Invitations to Apply (ITAs) to entrepreneur immigrants. The minimum score for the candidates in the SINP’s Entrepreneur Stream was 115. The highest score was 135.
• British Columbia PNP announced the launch of the Entrepreneur Immigration — Regional Pilot. Through this program, entrepreneurs can come to the smaller localities in BC, and grow a business there. The program is planned to launch next year in 2019.

Under Business Immigration, there are several options available:

• Federal Start-Up Visa Program.

It is a part of Canada’s federal immigration program. Candidates must be an owner of a business, meet the language requirement and have adequate financial support before they can apply. 

• PNP Business Immigration.

Many provinces have Business Immigration Programs as a part of their Provincial Nominees Program. Each province has different conditions for eligibility.