How to get a Canada PR Visa through an Investor Visa?

Canada has remained the epicenter of opportunities for people from various categories. It also has several opportunities for international investors. Canada provides an investor visa program for international entrepreneurs seeking better career opportunities in Canada. This visa program offers permanent residency to foreign entrepreneurs through federal and provincial immigration programs. 

This article provides detailed information on the Canada Investor Visa and its various types. But, before moving further, let us give you an overview of the Canada Investor Visa. 

Canada Investor Visa – An Overview 

Canada Investor Visa is an immigration program that offers a chance for foreign entrepreneurs to get permanent residency and citizenship in Canada. Candidates whose applications get successfully accepted will receive a work permit to start their business in Canada. If their business becomes successful, the entrepreneurs can apply for permanent citizenship and residency in Canada. 

Benefits of getting the Canada Investor Visa in 2024 

The following are the benefits of getting the Canada Investor Visa in 2024. 

• Permanent Residency

One of the first benefits of getting the Canada Investor Visa in 2024 is the candidates and their families can receive permanent residency in Canada. This will allow them to live, work, and study anywhere in Canada. 

• Business Opportunities 

International entrepreneurs can explore Canada’s economy and explore better investing opportunities, through which they can successfully establish their businesses in Canada. 

• Access to Social Services 

Another benefit of getting a Canada investor visa in 2024 is that investors and their family members can access public-funded social services known for their quality services. 

• Quality of Life 

Another benefit of getting a Canada Investor visa in 2024 is that investors and their families can enjoy a quality of life in Canada. Canada offers a high standard of living including a clean and safe environment, excellent infrastructure, and many other facilities, making it the best place to reside. 

• Canadian Citizenship 

Another benefit of getting a Canada Investor visa is after fulfilling the permanent residency requirement, a candidate can apply for Canadian citizenship. 

Different Types of Canada Investor Visa 

The following are the different types of Canadian investor visas. 

1. Federal Investor Programs
2. Provincial Investor Immigration Program 

Sub-Streams of Federal Investor Programs 

The following information illustrates the sub-stream under the federal investor programs.

• Intra Company Transfer 

The ICT program is designed for foreign companies transferring employees to Canadian offices, offering temporary work permits and permanent residency after one year of work in Canada. 

• Start-up visa program

Under this investor program, up to 5 founding members of an innovative and creative international company can get an open work permit for up to 3 years. 

Moreover, candidates can become eligible for PR in Canada through this investor program, which involves securing a Letter of Support or investment commitment from a specific organization. 

• Entrepreneur Visa(C11) 

Candidates who want to invest in an existing Canadian business and start their business in Canada are considered perfect for this visa program. At first, the candidate will receive an Entrepreneur Visa(C11) (temporary work visa), through which they can operate their business and after one year they are eligible to apply for permanent residency. 

Categories under the Provincial Nominee Program 

The following are the categories under the Provincial Nominee Program. 

British Columbia Provincial Nominee Program 

British Columbia Provincial Nominee Program is one of the provinces of Canada, like every other province of Canada, British Columbia also has its separate immigration program. In which there are following investor programs. 

• Entrepreneur Immigration 

Under this immigration program, the candidate must fill out the following requirements. 

1. Business Establishment in B.C. or improving already existing business in B.C. 
2. Minimum investment of $200,000.
3. Creation of one full-time job for Canadians.
4. Net worth of $600,000.
5. Canadian Language Benchmark Level 4 Proficiency.
6. Business/management experience.
7. Legal immigration status in Canada.

• Entrepreneur Immigration – Regional Pilot 

Under this immigration program, the candidate must fill out the following requirements. 

1. Want to start a business in B.C. and settle down in a regional community in B.C. 
2. Conduct exploratory visits. 
3. Minimum investment of $100,000.
4. Personal net worth of $300,000.
5. Ownership of 51% or more.
6. Creation of one new job.

• Entrepreneur Immigration – Strategic Pilot 

Under this immigration program, the candidate must fill out the following requirements. 

1. Minimum equity investment of $500,000.
2. Minimum three new jobs per proposed foreign key staff member.
3. Eligibility for company establishment or expansion. 

Manitoba Provincial Nominee Program 

Manitoba is also a province of Canada, it also has a separate immigration program, in which there are following investor programs. 

• Entrepreneur Pathway 

Under this immigration program, the candidate must fill out the following requirements. 

1. Designed for experienced business owners and entrepreneurs.
2. Requires a minimum personal net worth of $500,000 and investment of $250,000 in Manitoba’s capital region or $150,000 outside.
3. Deposit of $100,000 to Manitoba government, refunded upon meeting Business Performance Agreement terms.
4. Requires at least 3 years of business ownership or senior management experience.
5. Requires a comprehensive business plan detailing the proposed venture and potential economic benefit.
6. English or French language proficiency is required through standardized tests.
7. Assessed using a point-based system considering age, language proficiency, business experience, education, and adaptability. 

• Farm Investor Pathway 

Under this immigration program, the candidate must fill out the following requirements. 

1. Targets individuals with farming experience and intention to establish a farm business in Manitoba.
2. Requires a minimum net worth of $500,000 and investment of $300,000 in a primary production farming business.
3. Requires a refundable deposit of $75,000 to the Manitoba government, refunded upon meeting Business Performance Agreement terms.
4. Requires a minimum of 3 years of farm ownership and operation experience or 5 years of farm management experience.
5. Requires a comprehensive farm business plan detailing proposed operations and contribution to the provincial economy.
6. Uses a point-based system considering factors, like age, language proficiency, farming experience, education, and adaptability.

Saskatchewan Provincial Nominee Program 

Saskatchewan is one of the provinces of Canada. Saskatchewan also has a separate immigration program, which includes the following investor programs. 

• Entrepreneur Category 

Under this investor program, the candidate must fill out the following requirements. 

1. Designed for experienced entrepreneurs. 
2. Requires minimum net worth of $500,000, legally acquired.
3. Applicants must invest $300,000 in new or existing businesses or $200,000 in regional communities.
4. Successful applicants receive temporary work permits.
5. Can apply for permanent residency after program requirements.

• Farm Owner and Operator Category 

Under this investor program, the candidate must fill out the following requirements. 

1. Targets individuals with farming experience and capital. 
2. Requires minimum net worth of $500,000. 
3. The minimum investment required is $150,000 in Saskatchewan farming operations. 
4. Requires relevant farming experience and management skills. 
5. Successful applicants receive temporary work permits. 

• International Graduate Entrepreneur Category 

Under this investor program, the candidate must fill out the following requirements. 

1. International graduates must have completed at least one year of full-time study in Saskatchewan. 
2. Establish or acquire a new business in Saskatchewan. 
3. Own at least one-third of equity or invest $200,000 in an existing business. 
4. Commit to daily business management. 
5. Apply for permanent residency after 1 year of operation. 

Conclusion 

This article provides details about how the candidate can get a Canada PR Visa through an Investor Visa. Canada PR Visa program provides permanent residency and citizenship to international entrepreneurs seeking better career opportunities. Successful applicants receive a work permit to start their business in Canada, leading to permanent citizenship and residency. 

Benefits include permanent residency, business opportunities, access to public-funded social services, quality of life, and Canadian citizenship. Different types of Canada Investor Visa include Intra Company Transfer, Start-up Visa, Entrepreneur Visa(C11), and Provincial Nominee Programs. After obtaining a Canada PR Visa, candidates can apply for Canadian citizenship. 

For more details, contact Province Immigration via [email protected] or +91 98961 96762.