Investment/ntrepreneur visa questions
May 13th 2011, 9:30 am
#1
Forum Regular
Thread Starter
Joined: Jun 2010
Posts: 63
Investment/ntrepreneur visa questions
Does the Canadian Entrepreneur Via operate similar to the USA version?
I understand an investment of CAN $300.000 is required, is his held in a Bank acct like the Investor visa or can it be used to buy a business?
If the latter, do you actually have to spend the full amount on a business or can it be used to buy and expand?
How rigid is the "have experience in the same type of business you buy" requirement?
and
the "have run a business in the past 5 years."
I did start and run my own business for 12 years but sold it about 9 years ago and have little documentation relating to it now. Does this mean I would have no chance of obtaining this sort of visa?
Thanks
I understand an investment of CAN $300.000 is required, is his held in a Bank acct like the Investor visa or can it be used to buy a business?
If the latter, do you actually have to spend the full amount on a business or can it be used to buy and expand?
How rigid is the "have experience in the same type of business you buy" requirement?
and
the "have run a business in the past 5 years."
I did start and run my own business for 12 years but sold it about 9 years ago and have little documentation relating to it now. Does this mean I would have no chance of obtaining this sort of visa?
Thanks
May 13th 2011, 10:32 am
#2
Lost in BE Cyberspace
Joined: May 2004
Posts: 9,708
Re: Investment/ntrepreneur visa questions
Hi
1. No, you need a net worth of $300K
2. Very rigid.
3. No chance see: http://www.cic.gc.ca/english/immigra.../apply-who.asp
Does the Canadian Entrepreneur Via operate similar to the USA version?
I understand an investment of CAN $300.000 is required, is his held in a Bank acct like the Investor visa or can it be used to buy a business?
If the latter, do you actually have to spend the full amount on a business or can it be used to buy and expand?
How rigid is the "have experience in the same type of business you buy" requirement?
and
the "have run a business in the past 5 years."
I did start and run my own business for 12 years but sold it about 9 years ago and have little documentation relating to it now. Does this mean I would have no chance of obtaining this sort of visa?
Thanks
I understand an investment of CAN $300.000 is required, is his held in a Bank acct like the Investor visa or can it be used to buy a business?
If the latter, do you actually have to spend the full amount on a business or can it be used to buy and expand?
How rigid is the "have experience in the same type of business you buy" requirement?
and
the "have run a business in the past 5 years."
I did start and run my own business for 12 years but sold it about 9 years ago and have little documentation relating to it now. Does this mean I would have no chance of obtaining this sort of visa?
Thanks
2. Very rigid.
3. No chance see: http://www.cic.gc.ca/english/immigra.../apply-who.asp
