Go Back  British Expats > Living & Moving Abroad > Canada > Immigration & Citizenship (Canada)
Reload this Page >

Investment in a business in Canada to live and work

Investment in a business in Canada to live and work

Reply

Old Dec 31st 2017, 11:06 am
  #1  
Just Joined
Thread Starter
 
Joined: Dec 2017
Posts: 8
amaly is an unknown quantity at this point
Default Investment in a business in Canada to live and work

Hi All,

My family and I would like to immigrate to BC Canada from UK.We would like to buy a suitable business or invest in a Canadian investor program ,whichever is quickest.Can anyone recommend a law firm or a business agents to help us with our applications.Any advise would be highly appreciated,Thank you so much.
amaly is offline  
Reply With Quote
Old Dec 31st 2017, 11:21 am
  #2  
BE Forum Addict
 
Joined: May 2012
Location: Qc, Canada
Posts: 3,783
Shirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond reputeShirtback has a reputation beyond repute
Default Re: Investment in a business in Canada to live and work

https://www.welcomebc.ca/Immigrate-t...ur-Immigration

Here’s the info for the BC stream I think you mean. I don’t think a lawyer or “business agent” is required.
Shirtback is offline  
Reply With Quote
Old Dec 31st 2017, 11:49 am
  #3  
Just Joined
Thread Starter
 
Joined: Dec 2017
Posts: 8
amaly is an unknown quantity at this point
Default Re: Investment in a business in Canada to live and work

Thank you shirtback very helpful.
amaly is offline  
Reply With Quote
Old Dec 31st 2017, 4:47 pm
  #4  
MODERATOR
 
Siouxie's Avatar
 
Joined: Apr 2009
Location: SW Ontario
Posts: 14,287
Siouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond repute
Default Re: Investment in a business in Canada to live and work

There is also the 'start up visa' route https://www.canada.ca/en/immigration...tart-visa.html and 'self employed visa' route https://www.canada.ca/en/immigration...-employed.html

Start-up visa <- FAQ's

I think both can take quite some time, but may be worth a look.

Siouxie is offline  
Reply With Quote
Old Jan 1st 2018, 10:32 am
  #5  
Just Joined
Thread Starter
 
Joined: Dec 2017
Posts: 8
amaly is an unknown quantity at this point
Default Re: Investment in a business in Canada to live and work

Great,thank you.
amaly is offline  
Reply With Quote
Old Jan 1st 2018, 12:26 pm
  #6  
SUPER MODERATOR
 
christmasoompa's Avatar
 
Joined: Oct 2007
Location: In a darkened room somewhere.............
Posts: 26,165
christmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond repute
Default Re: Investment in a business in Canada to live and work

Originally Posted by amaly View Post
Great,thank you.
Not sure how long you're thinking of when you say 'quickest', but as Siouxie has said, neither will be that quick. The self-employed route in particular takes a long time (approx 5 years processing time on the CIC website at the mo).

When you say 'family', just checking, but do you mean and spouse and/or dependent children? They are the only ones that would be allowed to go on your visa application.
christmasoompa is offline  
Reply With Quote
Old Jan 1st 2018, 9:33 pm
  #7  
Just Joined
Thread Starter
 
Joined: Dec 2017
Posts: 8
amaly is an unknown quantity at this point
Default Re: Investment in a business in Canada to live and work

Hi,
I would like to buy a business or start a similar restaurant which I have in London.Would this be a investor rather than a self employed ?As I also understand I can deposit 800,000 CAD to the government investment scheme ,would this be faster ?
Family my wife and kids.
amaly is offline  
Reply With Quote
Old Jan 2nd 2018, 12:12 am
  #8  
 
Aviator's Avatar
 
Joined: Sep 2008
Location: CYXX
Posts: 12,532
Aviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond reputeAviator has a reputation beyond repute
Default Re: Investment in a business in Canada to live and work

Originally Posted by amaly View Post
Hi,
I would like to buy a business or start a similar restaurant which I have in London.Would this be a investor rather than a self employed ?As I also understand I can deposit 800,000 CAD to the government investment scheme ,would this be faster ?
Family my wife and kids.
Self-employed is limited to farmers, the arts and sport.
Under the Self-Employed Persons Program, what does cultural activities mean?

Investor scheme for $800k is in Quebec.
Immigration, Diversité et Inclusion Québec - Programme des investisseurs

(If you cannot read it in French, it may not be the right program)

Business immigration program
Also look at the discontinued programs, some of the old ones are no longer offered. Google may come of with old cached pages that no longer apply.

The rest of Canada the net worth requirement is $10m and an investment of $2m for 15 years.

The start up visa may be of interest What is the minimum investment that I would need to apply for a start-up visa?
Aviator is offline  
Reply With Quote
Old Jan 2nd 2018, 3:02 am
  #9  
MODERATOR
 
Siouxie's Avatar
 
Joined: Apr 2009
Location: SW Ontario
Posts: 14,287
Siouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond reputeSiouxie has a reputation beyond repute
Default Re: Investment in a business in Canada to live and work

Originally Posted by Aviator View Post
Self-employed is limited to farmers, the arts and sport.
Under the Self-Employed Persons Program, what does cultural activities mean?

Investor scheme for $800k is in Quebec.
Immigration, Diversité et Inclusion Québec - Programme des investisseurs

(If you cannot read it in French, it may not be the right program)

Business immigration program
Also look at the discontinued programs, some of the old ones are no longer offered. Google may come of with old cached pages that no longer apply.

The rest of Canada the net worth requirement is $10m and an investment of $2m for 15 years.

The start up visa may be of interest What is the minimum investment that I would need to apply for a start-up visa?
Not for the Entrepreneur program in BC, as linked to by Shirtback..
To qualify, you must:

have a personal net worth of at least CAD$600,000
demonstrate business and/or management experience
have, or be eligible for, legal immigration status in Canada
and
Business, job and investment requirements

To qualify you must:

establish an eligible new business or purchase and improve an existing business
make an eligible personal investment of at least CAD$200,000 in the business
create at least one new full-time job for a Canadian citizen or permanent resident in the business
Siouxie is offline  
Reply With Quote
Old Jan 2nd 2018, 7:38 am
  #10  
SUPER MODERATOR
 
christmasoompa's Avatar
 
Joined: Oct 2007
Location: In a darkened room somewhere.............
Posts: 26,165
christmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond repute
Post Re: Investment in a business in Canada to live and work

Originally Posted by amaly View Post
Hi,
I would like to buy a business or start a similar restaurant which I have in London.Would this be a investor rather than a self employed ?As I also understand I can deposit 800,000 CAD to the government investment scheme ,would this be faster ?
Family my wife and kids.
That program closed a few years ago, so to move to BC you're limited to the BC program or Start Up visa from what you've said.

How old are the kids?

Last edited by christmasoompa; Jan 2nd 2018 at 8:07 am.
christmasoompa is offline  
Reply With Quote
Old Jan 2nd 2018, 8:06 am
  #11  
SUPER MODERATOR
 
christmasoompa's Avatar
 
Joined: Oct 2007
Location: In a darkened room somewhere.............
Posts: 26,165
christmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond repute
Default Re: Investment in a business in Canada to live and work

Originally Posted by Siouxie View Post
Not for the Entrepreneur program in BC, as linked to by Shirtback..
To qualify, you must:

have a personal net worth of at least CAD$600,000
demonstrate business and/or management experience
have, or be eligible for, legal immigration status in Canada
and
Business, job and investment requirements

To qualify you must:

establish an eligible new business or purchase and improve an existing business
make an eligible personal investment of at least CAD$200,000 in the business
create at least one new full-time job for a Canadian citizen or permanent resident in the business
Although worth noting that the higher the net worth, the higher the points score. So although $200k is the minimum investment, iirc at that level very few points would be given under the investment section and the OP would need to make points up elsewhere. Sounds like he's got far more to invest, but just thought I'd mention the points for anybody else reading.

So the more the better!
christmasoompa is offline  
Reply With Quote
Old Jan 2nd 2018, 8:08 am
  #12  
Just Joined
Thread Starter
 
Joined: Dec 2017
Posts: 8
amaly is an unknown quantity at this point
Default Re: Investment in a business in Canada to live and work

Thank you all for your kind input,

SIOUXIE
600,000 CAD-Is this investment anywhere in Canada gov scheme and the process time ?And the 200,000 -400,000 to start and establish a business in Canada is this anywhere and the time to process the application ?

CHRISTMASOOMPA

What Is the BC program ? Is the startup visa still running in the BC area
as this area would be ideal for me ?Who do I contact ?The kids are 7 and 16.
amaly is offline  
Reply With Quote
Old Jan 2nd 2018, 8:10 am
  #13  
SUPER MODERATOR
 
christmasoompa's Avatar
 
Joined: Oct 2007
Location: In a darkened room somewhere.............
Posts: 26,165
christmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond reputechristmasoompa has a reputation beyond repute
Default Re: Investment in a business in Canada to live and work

The $600.000/$200,000 is the BC PNP, so no it's not anywhere in Canada - it must be in BC.

The Start Up Visa is Federal, so you can go anywhere.

The relevant links are given above. Grab a cuppa and get reading!
christmasoompa is offline  
Reply With Quote

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us Archive Advertising Cookie Policy Privacy Statement