For the businessperson looking to immigrate to Canada under a passive investment plan there are the Federal Investor and the Quebec Investor Programs. These programs require qualifying individuals with business experience to loan the Canadian or Quebec government money on an interest free basis prior to obtaining their Canadian permanent residency.
For individuals looking to have an active management role in a Canadian business there are a variety of Provincial Nominee Programs specific to each province. Many of the programs look for an investment of over $175,000 and can be entered into with a Canadian partner. There is usually a requirement to improve the business and hire Canadians. Some of these programs have fast track options to permanent residency.
For businesspeople investing in a business that will employ Canadians and wish to start work as soon as possible there are several options for obtaining work permits if a significant benefit to Canada can be show. American citizens making a significant business investment in Canada also have the option of obtaining a work permit under North American Free Trade Agreement.
MKS provides preliminary advice and referrals for client’s starting their businesses on such issues as taxes, business premises, incorporation, customs and insurance. We also advise frequent business visitors what the law allows a business visitor to do in Canada without a work permit and if such facilitated entry programs such as Nexus maybe suitable for them.
MKS can give you the necessary guidance whether you are an entrepreneur seeking to start a business in Canada or a business visitor coming frequently for business meetings. MKS can make sure your business plans stay on track.