Immigrate As An Entrepreneur: Is Canada the Place for Entrepreneurs?

Disclaimer: This blog is only intended for educational purposes and shouldn’t be used as a substitute for legal advice.

How Does Canada Help Entrepreneurial Immigrants?

Canada helps entrepreneurs set up shop in the country with the help of the Start-up Visa Program. Through this program, business owners and their dependents can seek legal residence status while they get established here.

People looking for legal residence under this program requalified for a temporary valid work permit. This allows them to build their company while they wait for their permanent residency. Let the immigrant consultants at Nanda & Associate Lawyers help you settle in Canada. Through this program, business owners and their dependents can seek legal residence status while they get established here.

Reasons Canada Is Best For Entrepreneurs

There are several reasons why Canada is the ideal country to start a company:

• Consistent economic development: According to Forbes magazine, Canada is the greatest country in the G-20 to start a company in.  The country’s financial condition is the finest in the G-7, and its economic projections are one of the best in the G-20.
• Reduced company expenses and taxes: Canada provides an environment that supports lower tax cuts and expenses. This is ideal for companies to prosper. The country has a much lower total tax rate on fresh company capital than the other G-7 countries.
• One of the top innovation leaders: Canada provides a thriving climate for science and technology, with world-class R&D facilities, an educated and trained workforce, and development rewards. International entrepreneurs can get up to 30% of their R&D funding in the country through provincial and federal subsidies.
• Enhanced class of living: Canada’s high standard of living creates an ideal environment for single people, couples, and internationally engaged businesses to thrive. The country’s labour is highly qualified, adaptable, and diverse.

How Do You Qualify?

Before registering, you must get a plan to invest in your company concept from a certified Canadian angel investor organization or private equity fund. Once you’ve obtained it, you can opt and register for Citizenship and Immigration Canada.

Additionally, you need to show your proficiency in either French or English and prove that you have finished one year of post-secondary education. It’s also mandatory to prove that you have adequate money to live on while creating your organization. Also, you should meet the regular health and security standards.

We can assist you if you are looking for a skilled immigration lawyer. Nanda & Associate Lawyers is one of Mississauga’s top-rated Canadian immigration law firms. To discuss your situation, you may schedule an online appointment with our immigration consultants.

We are among the proud sponsors of the Osler Foundation’s Holi Gala which accumulated over $847,000 for medical equipment for three separate hospitals. Get in touch with us to find out how we can help you.