Canadian Federal Entrepreneur Immigration
The Canadian Federal Entrepreneur program allows applicants to establish a company in Canada by obtaining a high-level executive work permit. After working for six months to one year, the applicant can submit a permanent residency application. This program facilitates a rapid landing in Canada, and upon approval of the work permit, the entire family is entitled to free Canadian healthcare, and children can access free public education. The Federal Entrepreneur Immigration Program does not have specific requirements for the applicant’s age, language proficiency, or the source of assets. The overall cost for handling the Canadian Federal Entrepreneur program, including the registration of the company, opening a corporate account, leasing an office, and related services, is around 370,000 RMB.
Application Requirements:
The applicant must have at least one year of executive/business experience in the last three years.
Before submitting the work permit application, the applicant needs to register a Canadian company and hold at least 51% of the shares. If the company directly holds Canadian shares, it is recommended (though not an official requirement) that the company be in operation for at least three years with a turnover of over 5 million RMB, or for at least five years with a turnover of over 2.5 million RMB and a staff of 15 or more.
Before submitting the work permit application, the applicant must open a Canadian company bank account and transfer at least 250,000 CAD.
Application Process:
- Sign a contract to initiate the project.
- The applicant provides application information and documents.
- Register a Canadian subsidiary.
- Open an account, make payments, and lease office space for the subsidiary.
- Draft application documents and prepare a detailed business plan.
- Submit the application.
- The Canadian embassy reviews the application materials.
The processing time is between 4 to 10 months.
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