Business Class
The Business Immigration Program seeks to attract
experienced business people to Canada who will support the development of a strong and prosperous Canadian economy.
Business
immigrants are expected to make a substantial investment (usually in the $800,00 CDN range but varies by province of destination)
to own or manage businesses in Canada. Business immigrants are assessed through three main categories:
Investor
To apply under this category, you must have a net worth of at least $1.600,000 CDN, obtained as an owner,
leader or running an industrial or commercial business and invest $800,000 CDN.
Entrepreneur
This
applicant must have the intention and ability to establish, purchase or make a substantial investment in a business venture
in Canada, which the person will manage on an active, resident and ongoing basis.
Self-Employed
This
applicant must have the ability to be self-employed in Canada and to make a significant contribution to specified economic
activities in Canada.
Under the Business Class category, you can apply under the Federal or the Quebec Programs.
Your application is eligible for processing if:
• You have an offer of arranged employment (government
(HRSDC) approval) or
• You are a foreign national who has been living legally in Canada for one year as a temporary
foreign worker or an international student or
• You are a skilled worker who has at least one year of experience
in one or more of the occupations listed, according to Citizenship and Immigration Canada.
Occupation Listed by
Citizenship and Immigration Canada are:
0111: Financial Managers
0213: Computer and Information Systems Managers
0311: Managers in Health Care
0631: Restaurant and Food Service Managers
0632: Accommodation Service Managers
0711: Construction Managers
1111: Financial Auditors and Accountants
2113: Geologists, Geochemists and Geophysicists
2143: Mining Engineers
2144: Geological Engineers
2145: Petroleum Engineers
3111: Specialist Physicians
3112: General Practitioners and Family Physicians
3141: Audiologists and Speech Language Pathologists
3143:
Occupational Therapists
3142: Physiotherapists
3151: Head Nurses and Supervisors
3152: Registered Nurses
3215: Medical Radiation Technologists
3233: Licensed Practical Nurses
4121: University Professors
4131:
College and Other Vocational Instructors
6241: Chefs
6242: Cooks
7213: Contractors and Supervisors, Pipefitting
Trades
7215: Contractors and Supervisors, Carpentry Trades
7217: Contractors and Supervisors, Heavy Construction
Equipment Crews
7241: Electricians (Except Industrial and Power System)
7242: Industrial Electricians
7251:
Plumbers
7252: Steamfitters, Pipe fitters and Sprinkler System Installers
7265: Welders and Related Machine Operators
7312: Heavy-Duty Equipment Mechanics
7371: Crane Operators
7372: Drillers and Blasters – Surface Mining,
Quarrying and Construction
8221: Supervisors, Mining and Quarrying
8222: Supervisors, Oil and Gas Drilling and
Service
9212: Supervisors, Petroleum, Gas and Chemical Processing and Utilities
Applicants under the Federal
Skilled Worker category must first demonstrate that they meet one of the following minimum eligibility requirements:
• You have at least one year of continuous full-time paid work experience or the equivalent in part-time continuous
employment and
• Your work experience within the last 10 year must be Skill Type 0 (managerial occupations)
or Skill Level A (professional occupations) or B (technical occupations and skilled trades) on the Canadian National Occupational
Classification list.
If you meet these minimum requirements, your application will then be processed according to
the six selection factors in the skilled worker points grid which include the following:
- your education
- your abilities in English and/or French, Canada’s two official languages
- your work experience
- your
age
- whether you have arranged employment in Canada
- your adaptability to Canada.
Your application will
be reviewed and evaluated by immigration officers, who will also assess whether you have the funds for settlement in Canada.
Following table shows the fund amount required with reference to the number of family members: