Entrepreneurs
This class of service is not as attractive as the Investor class but ideal for those wanting to run an independent business with their family and it is less expensive to enter under this category.
In the first 3 years after you land in Canada, you must own and manage a Qualifying Canadian Business that meets any 2 of these criteria, depending upon the percentage of the business owned:
| Percentage Owned |
100% |
66% |
50% |
33% |
| Annual sales |
$250,000 |
$375,000 |
$500,000 |
$750,000 |
| Net Profit |
$25,000 |
$37,500 |
$50,000 |
$75,000 |
| Net Assets |
$125,000 |
$187,500 |
$250,000 |
$375,000 |
| Full Time Employees |
2 |
3 |
4 |
6 |
All funds are shown in Canadian Dollars
In addition:
1. You must create 1 additional job;
2. You must have be involved in managing the business for at least 1 year; and
3. You must own at least 1/3 of the business.
Failure to meet Investment Requirements
If you don’t remove your terms and conditions within 3 years after landing in Canada, you and your family could lose your Permanent Resident status.