As a prospective investor, you must provide documentation proving that
you operated or owned a profitable business for a minimum of two full
years, or that you have managed a minimum of five full-time job
equivalents in a business of any size for a minimum of two full years,
or a combination of one-year periods in either. You can go back as far
as five years before the date of your application to demonstrate this
business experience. In addition, an investor must demonstrate through
auditor`s reports that they have property (real estate, business value,
shares, investments, etc.) valued at C$ 1 600,000.
The applicant then makes an investment into the Canadian economy in the
amount of C$ 800,000 for the period of five years. This investment is
guaranteed by the Canadian government in a form of a promissory note
and the full amount of investment is returned after five years. The
promissory note cannot be sold, but it can be used as a collateral to
obtain a loan.
With the assistance of law firm of Inna Kogan you can obtain
financing for your investment. By providing only C$120,000, the
investor will then obtain a loan for the remainder of the required
amount will be financed by a recognized Canadian bank. You will have to
satisfy the visa officer that no portion of your net worth was obtained
as a result of criminal activity. You should be able to explain
material disparities between your net income over the years and your
present net worth, and to comply with reasonable requests for documents
to back up both your income sources and the components of your net
In addition to the usual documents in support of any
application for immigration to Canada, you will be required to provide
documents supporting your past business experience, such as the
- audited financial statements;
- corporate and personal income tax returns;
- tax assessments;
- bank statements;
- business licenses;
- real estate appraisals;
- corporate minute books;
- letters of reference; and
- promotional material.
important benefit of the investor program is that there are no
monitoring requirements on the permanent resident visa received. There
are no conditions to satisfy. The processing times for investors are
usually considerably shorter than for other business categories.
If you have any questions about this category, please do not hesitate to contact law firm Inna Kogan or its representatives.
Canada encourages accomplished business people to relocate to Canada in order to contribute to its economy. To demonstrate that you are an accomplished business person, you must demonstrate your business experience through official documentation. You must have an existing business that corresponds to certain requirements. For instance, your company must employ at least two full-time employees; must have a gross annual turnover of CND$500,000.00, or have annual net income of CND$50,000.00.
If you, through your business, qualify for this program, you must also undertake to open or purchase a business in Canada, which would create at least two employment opportunities for Canadians and which will be profitable.
You will also be required to prepare a detailed Business Plan for your proposed Canadian business. Our law firm in cooperation with highly qualified Chartered Accountants and based on your research and business ideas, will prepare a Business Plan, which will persuade an immigration officer that you meet all the existing immigration requirements.
Each and every entrepreneurial applicant will be convoked for a selection interview. Preparation for such interviews is an integral part of our service.
Success of immigration under this category depends completely upon the level of professionalism in the preparation of documents, which prove that the proposed business will be successful in Canada. Immigration law firm of Inna Kogan, BA, LL.B. will help you overcome this hurdle.
This type of immigration is designed for people who have distinguished
themselves in various fields of culture, art and sports. These
outstanding artists, performers, musicians or athletes will have an
opportunity to start their own business in their field passing their
expertise on to Canadian students and thus, making a significant
contribution into the Canadian culture.
Interestingly, this category also allows farmers to relocate to Canada
by opening or purchasing a farm. Canadian government provides immense
incentives to farmers through interest-free loans and long-term tax
Unlike the investor and entrepreneur programs, there are no regulated
minimum net worth requirements. However, you will have to satisfy a
visa officer that you have sufficient capital to settle yourself and
your family in Canada and to finance the specified economic activities
that your selection was based on.