Moving business to Canada
#1
Just Joined
Thread Starter
Joined: May 2017
Posts: 4
Moving business to Canada
Hello,
I will be seeing a lawyer soon, but i'd like to get as much information as I can before I do.
I have an internet business currently making around $200,000 in profit a year and would like to move it to Canada, and become a citizen myself. The business doesn't deal with anything physical and I am the only person involved in the business. I would like to do this because Canada is a desirable place to live.
What are the requirements / processes needed to do this?
Thanks
I will be seeing a lawyer soon, but i'd like to get as much information as I can before I do.
I have an internet business currently making around $200,000 in profit a year and would like to move it to Canada, and become a citizen myself. The business doesn't deal with anything physical and I am the only person involved in the business. I would like to do this because Canada is a desirable place to live.
What are the requirements / processes needed to do this?
Thanks
Last edited by Obstrepherous; May 6th 2017 at 5:30 pm.
#2
BE Forum Addict
Joined: Jul 2014
Posts: 1,231
Re: Moving business to Canada
Hello,
I will be seeing a lawyer soon, but i'd like to get as much information as I can before I do.
I have an internet business currently making around $200,000 in profit a year and would like to move it to Canada, and become a citizen myself. The business doesn't deal with anything physical and I am the only person involved in the business. I would like to do this because Canada is a desirable place to live.
What are the requirements / processes needed to do this?
Have you yet determined if you qualify for Canadian immigration?
http://www.cic.gc.ca/english/index.asp
Thanks
I will be seeing a lawyer soon, but i'd like to get as much information as I can before I do.
I have an internet business currently making around $200,000 in profit a year and would like to move it to Canada, and become a citizen myself. The business doesn't deal with anything physical and I am the only person involved in the business. I would like to do this because Canada is a desirable place to live.
What are the requirements / processes needed to do this?
Have you yet determined if you qualify for Canadian immigration?
http://www.cic.gc.ca/english/index.asp
Thanks
http://www.cic.gc.ca/english/index.asp
#3
Re: Moving business to Canada
Hello,
I will be seeing a lawyer soon, but i'd like to get as much information as I can before I do.
I have an internet business currently making around $200,000 in profit a year and would like to move it to Canada, and become a citizen myself. The business doesn't deal with anything physical and I am the only person involved in the business. I would like to do this because Canada is a desirable place to live.
What are the requirements / processes needed to do this?
Thanks
I will be seeing a lawyer soon, but i'd like to get as much information as I can before I do.
I have an internet business currently making around $200,000 in profit a year and would like to move it to Canada, and become a citizen myself. The business doesn't deal with anything physical and I am the only person involved in the business. I would like to do this because Canada is a desirable place to live.
What are the requirements / processes needed to do this?
Thanks
#5
BE Forum Addict
Joined: Feb 2013
Location: BC, Canada
Posts: 3,873
Re: Moving business to Canada
Is it necessary to see a lawyer, or is that a needless expense?
#8
Re: Moving business to Canada
Start with the CIC website, check your visa eligibility (the Start Up visa may be worth looking at if you don't score enough to get PR via Express Entry).
I'll leave this thread here now as your original post seemed to be asking more about the practical side of setting up a business in Canada, but once you've checked your visa eligibility on the CIC website, do ask any visa related questions in the immigration section of the forum.
Thx and good luck.
#9
Re: Moving business to Canada
I'm in a similar situation, as far as the company side goes (I'm a Canadian citizen by birth, so no visa issues), and have been struggling to find good advice. I'm looking at moving, and run my own online (SaaS) business with just me as an employee. Has anyone had experience moving their company from the UK to Canada?
#10
Just Joined
Thread Starter
Joined: May 2017
Posts: 4
Re: Moving business to Canada
It is that simple, if you qualify for a visa. But as with the US, there are various routes available to permanent residency, and you need to work out if you're eligible for any of them. Once you've got PR, you can then do what you like when you get to Canada, including running your own business there.
Start with the CIC website, check your visa eligibility (the Start Up visa may be worth looking at if you don't score enough to get PR via Express Entry).
I'll leave this thread here now as your original post seemed to be asking more about the practical side of setting up a business in Canada, but once you've checked your visa eligibility on the CIC website, do ask any visa related questions in the immigration section of the forum.
Thx and good luck.
Start with the CIC website, check your visa eligibility (the Start Up visa may be worth looking at if you don't score enough to get PR via Express Entry).
I'll leave this thread here now as your original post seemed to be asking more about the practical side of setting up a business in Canada, but once you've checked your visa eligibility on the CIC website, do ask any visa related questions in the immigration section of the forum.
Thx and good luck.
#11
Re: Moving business to Canada
I'm in a similar situation, as far as the company side goes (I'm a Canadian citizen by birth, so no visa issues), and have been struggling to find good advice. I'm looking at moving, and run my own online (SaaS) business with just me as an employee. Has anyone had experience moving their company from the UK to Canada?
Best of luck.
#12
Re: Moving business to Canada
We set up a business when we first moved to Canada. It's not really much different to setting up a business in the UK. Business incorporation is largely the same. Reporting to the CRA etc is broadly similar. The tricky bit is getting Permanent Residency in the first place. Without that, the rest is largely irrelevant.
#13
Just Joined
Thread Starter
Joined: May 2017
Posts: 4
Re: Moving business to Canada
We set up a business when we first moved to Canada. It's not really much different to setting up a business in the UK. Business incorporation is largely the same. Reporting to the CRA etc is broadly similar. The tricky bit is getting Permanent Residency in the first place. Without that, the rest is largely irrelevant.
#14
Re: Moving business to Canada
But look at the Start Up Visa (see my post above). There's also the Self Employed visa route (no need for any investment or jobs then, although it's an incredibly lengthy processing time) if your job qualifies, depends on what you do.
And which province are you hoping to go to? Some have business streams under their PNP's.
Best thing to do is to start a new thread in the immi section of the forum with more info on (the province you are aiming for, what the business does, etc) and people can steer you in the right direction.
#15
Re: Moving business to Canada
I think it is extremely difficult to use a small one-man business as a means to Permanent Residency. I seem to remember as well the self employed route takes 6 or 7 years (assuming you're skills are relevant in the first place).