Are you planning to start your immigration process to Canada? Then this blog is for you.
A large number of Indian citizens are looking for permanent residence and eventually citizenship of Canada as living there entails many benefits. The first and foremost benefit is greater employment opportunities.
Canada also offers a high quality of life and free universal healthcare to its residents. This is what attracts immigrants to Canada from all over the world. Additionally, the country has one of the lowest crime rates in the world. It is country with one of the most abundant natural resources and natural scenery.
For its economic growth, the Canadian government is actively looking to attract foreign workers as well as investors.
Canada is the first country in the world to introduce a business immigration program and has always remained at the forefront in attracting entrepreneurs, investors and new talent globally. The country and its provinces offer many different investment programs through which one can obtain permanent residency. Whatever program one chooses, one is obliged to go through the necessary immigration process. So, let’s start with the mistakes one must avoid before and during the application process.
1. Business exploratory trip:
Before applying for residency of Canada under any business immigration program, it is advisable to undertake a business exploratory trip to explore the business opportunities. To visit Canada, obtaining a visitor visa becomes necessary. Before submitting a visitor visa application of Canada, it is important to ensure that all details in the application are consistent with all your facts and documents. Incorrect or inconsistent information in the visitor visa application can create problems for future business immigration application.
2. Language test:
Applying for a Canada business immigration visa or start-up visa requires a minimum score of 5 bands in IELTS. It is important to have this minimum score before applying for any business immigration program of Canada. Adverts that proclaim that they can help you obtain residency of Canada with an IELTS score of less than 5 bands are misleading and nothing more than a scam to entice vulnerable customers.
3. Related business:
Ensure that the business you plan to start (if it is a new business) or buy (if it is an existing business) in Canada is related to the business you are already operating and managing in your home country. We meet many clients who are in the real estate development business in India but wish to open a retail business in Canada. This can cause many difficulties in obtaining approval from Canadian government authorities.
4. Investment amount:
The basic investment requirement for Canada under many of its business immigration programs is between CD$ 100,000 to CD$ 200,000. However, most Indian business persons presume that just by investing this requisite amount they can obtain permanent residence of Canada. This is not true. This investment amount is just one of the many requirements. In addition to the investment, the business activity you wish to pursue in Canada must meet the Canadian government’s guidelines.
5. Investing in a business owned by family or friends:
There is a large Indian community in Canada and many Indian business persons feel comfortable in making an investment in their relatives’ or friends’ businesses. They feel this will ensure the safety and security of their investment. As such there is no bar to such an investment. However, our experience shows that such applications (where investment is in a relative’s/friend’s business) are scrutinized very closely because the government wants to ensure that the investment made is a real and not just a ploy to obtain immigration of Canada.
6. Not looking for proper guidance:
Many businesspersons prefer to complete the immigration application process themselves. But looking at the complexity of the process, it is recommended that applicants consult a qualified and experienced immigration lawyer for guidance. The paperwork involved is so complex and plentiful that only with the help of an experienced and knowledgeable lawyer can success be ensured.
Canada has been voted one of the best countries to live in year after year. If you wish to immigrate to Canada under one of its business immigration programs, it is advisable that you avoid the mistakes mentioned above. It is strongly recommended that you consult a qualified lawyer specializing in Canadian immigration to ease the process. Our law firm can help you every step of the way to ensure success.