Entrepreneurship Program
Type of residency: Permanent
Those applicants who have the appropriate capital to start a business in Canada can apply for immigration to Canada through this provincial program. For this purpose, it is first necessary for the applicants to enter Canada with a work permit and set up their business in the desired province, and as a result, receive Canadian permanent residence. In this method, the applicant must first select the desired province and prepare the necessary documents to participate in this program. After submitting the application, the applicant receives his work visa to start his business and obtain his permanent residency. This program is faster than other Canadian immigration programs and requires a lower language score, and the applicant can start his business in one of the most stable economies in the world.
Table of Contents
1- Conditions of entrepreneurship in Canada
| Table Header | Table Header |
|---|---|
|
Sufficient capital |
From 100 thousand to 600 thousand dollars depending on the selected province |
|
Setting a business |
Necessary skill for business development and economic development |
|
Management work experience |
At least 3 years of work experience in the last 5 years |
2- Necessary documents to obtain a Canadian entrepreneurship visa
The score of the applicants for this program is checked in the Express Entry system, which was previously explained in the Canadian Skilled Worker article.
The required documents for this method are:
- Identity documents
- Result of the language test (CLB 7 for management jobs and CLB 5 for technical jobs)
- Degree (optional)
- Clearances
- Medical exam
- Job offer (optional)
3- Which provinces have an entrepreneurship program
The entrepreneurship program of different provinces has slight differences in the minimum required investment and other conditions depending on the conditions and economic needs of the region.
| New Brunswick Entrepreneurship Program | |
|---|---|
|
Minimum investment amount |
150 thousand Canadian dollars |
|
Minimum property of the investor |
500 thousand Canadian dollars |
|
Language Certificate |
CLB 5 |
|
The age of the investor |
21-59 years old |
|
Other points |
Your business must create at least 1 job for 1 Canadian citizen or resident. |
| British Columbia Entrepreneurship Program- main program | |
|---|---|
|
Minimum investment amount |
200 thousand Canadian dollars |
|
Minimum property of the investor |
600 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
Other points |
|
| British Columbia Entrepreneurship Program - Pilot program | |
|---|---|
|
Minimum investment amount |
500 thousand Canadian dollars |
|
Other points |
Your business must create at least 1 job in the area.
You should take an exploratory trip to the area
|
| British Columbia Entrepreneurship Program - Strategic Projects | |
|---|---|
|
Minimum investment amount |
200 thousand Canadian dollars |
|
Minimum property of the investor |
600 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
Other points |
You must own a company with a high turnover in your country. |
| Alberta Entrepreneurship Program - Foreign Graduates | |
|---|---|
|
Minimum investment amount |
100 thousand Canadian dollars |
|
Education Degree |
At least post-diploma |
|
Language Certificate |
CLB 5 |
|
work Experience |
At least 6 months of managerial work experience |
| Alberta Entrepreneurship Program – Agriculture | |
|---|---|
|
Minimum investment amount |
500 thousand Canadian dollars |
|
Minimum property of the investor |
500 thousand Canadian dollars |
|
Language Certificate |
No language certificate required |
|
work experience |
Having work experience in the field of agricultural management |
| Alberta Entrepreneurship Program - Rural Areas | |
|---|---|
|
Minimum investment amount |
250 thousand Canadian dollars |
|
Minimum property of the investor |
300 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
degree of education |
At least a diploma |
|
work experience |
At least 3 years of management experience |
|
Other points |
Your business must create at least 1 job in the area. |
| Alberta Entrepreneurship Program - Alberta Graduates | |
|---|---|
|
education degree |
At least two years of university education in Alberta |
|
Language Certificate |
CLB 7 |
| Prince Edward Island Entrepreneurship Program | |
|---|---|
|
Minimum investment amount |
150 thousand Canadian dollars |
|
Minimum property of the investor |
600 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
education degree |
At least a diploma |
|
The age of the investor |
21-59 years old |
|
work experience |
Having management work experience |
| Ontario Entrepreneurship Program - Ontario cities other than Toronto | |
|---|---|
|
Minimum investment amount |
200 thousand Canadian dollars |
|
Minimum property of the investor |
400 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
work experience |
At least 2 years of managerial experience |
| Ontario Entrepreneurship Program - City of Toronto | |
|---|---|
|
Minimum investment amount |
600 thousand Canadian dollars |
|
Minimum property of the investor |
800 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
work experience |
At least 2 years of managerial experience |
*: Businesses related to digital information and communication technology (ICT) regardless of the city of investment in Ontario, it is enough to invest at least 200 thousand Canadian dollars in any of the cities of Ontario. Also, the investors of this plan must have at least 400,000 Canadian dollars in assets.
| Nova Scotia Entrepreneurship Program | |
|---|---|
|
Minimum investment amount |
150 thousand Canadian dollars |
|
Minimum property of the investor |
600 thousand Canadian dollars |
|
Language Certificate |
CLB 5 |
|
education degree |
At least a diploma |
|
The age of the investor |
At least 21 |
|
work experience |
3 years of managerial work experience in the last 5 years |
| Quebec Entrepreneurship Program | |
|---|---|
|
Minimum investment amount in Montreal |
300 thousand Canadian dollars |
|
Minimum investment amount of cities except Montreal |
200 thousand Canadian dollars |
|
Minimum property of the investor |
900 thousand Canadian dollars |
|
Language Certificate |
It is not required, but it is a privilege. |
Quebec’s entrepreneurship program is a point-based program in which the investor, in addition to presenting a business plan for his business, must also succeed in receiving the necessary points (41 points for group 1 and 81 points for group 2) based on the established criteria. slow The details of this program are given in the types of Quebec entrepreneurship programs, but its general conditions are in accordance with the table below.
| Saskatchewan Entrepreneurship Program | |
|---|---|
|
Minimum investment amount |
200 thousand Canadian dollars |
|
Minimum investment amount |
300,000 Canadian dollars for the cities of Regina or Saskatoon |
|
Minimum property of the investor |
400 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
work history |
At least 3 years of entrepreneurial experience in the last 10 years |
|
Other points |
Your business must create at least 2 jobs in the area. |
| Manitoba Entrepreneurship Program | |
|---|---|
|
Minimum investment amount in Winnipeg |
250 thousand Canadian dollars |
|
Minimum investment amount outside of Winnipeg |
150 thousand Canadian dollars |
|
Minimum property of the investor |
400 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
degree of education |
At least a diploma |
|
work experience |
At least 3 years of managerial experience in the last 5 years |
| Newfoundland and Labrador Entrepreneurship Program | |
|---|---|
|
Minimum investment amount |
200 thousand Canadian dollars |
|
Minimum property of the investor |
600 thousand Canadian dollars |
|
Language Certificate |
CLB 4 |
|
degree of education |
At least a diploma |
|
work experience |
At least 3 years of management experience |
|
The age of the investor |
21-59 years old |
|
Other points |
Your business must create at least 1 job in the area. |
Comparison of capital required for entrepreneurship program in different provinces
| Program name | Minimum amount required for investment (Canadian dollars) |
|---|---|
|
New Brunswick Entrepreneurship |
150,000 |
|
British Columbia Entrepreneurship
|
Main program: 200 thousand
Pilot plan: 100 thousand
Strategic projects: 500 thousand
|
|
Entrepreneurship Alberta |
Special entrepreneurship for foreign graduates: 100 thousand
Alberta agricultural entrepreneurship: 500 thousand
Alberta rural entrepreneurship: 200 thousand
Alberta Alumni Entrepreneurship: The investment amount has not been determined
|
|
Entrepreneurship of Prince Edward |
150,000 |
|
Entrepreneurship Ontario |
Running a business in Toronto: 600,000
Running a business outside of Toronto: 200,000
|
|
Entrepreneurship Nova Scotia |
150,000 |
|
Quebec entrepreneurship |
Running a business in Montreal: 300 thousand
Running a business outside of Montreal: 200 thousand
|
|
trepreneurship Manitoba |
Running a business in Winnipeg: 250 thousand
Running a business outside of Winnipeg: 150,000
|
|
Saskatchewan Entrepreneurship |
Running a business in the cities of Regina or Saskatoon: 300 thousand
Business implementation in other areas of Saskatchewan province: 200 thousand |
|
Newfoundland and Labrador Entrepreneurship |
200,000 |
4- Which businesses can be set up in Canada
There is no limit to setting up a business in Canada, and the applicant can either purchase a ready-made Canadian business or start a new business. Oil and gas industry, real estate and pharmaceutical industry are the most profitable industries in this country, followed by engineering services.
You can read the details of buying a Canadian business in this article.
