CanadaStarting a business
Explore the five recorded questions, answers and sources for this pathway.
The Base stream is for individuals who are looking to start a new business, or take over and grow an existing one.
Base stream is an immigration pathway for individuals who are looking to start a new business, or take over and grow an existing one.
The applicant must establish an eligible new business, or take over and grow an existing one, and must create at least one new full-time job for a Canadian citizen or permanent resident.
Must establish an eligible new business, or take over and grow an existing one
Must create at least one new full-time job for a Canadian citizen or permanent resident
The applicant must have a personal net worth of at least $600,000 CAD and must make an eligible personal investment of at least $200,000 CAD in the business.
Must have a personal net worth of at least $600,000 CAD
Must make an eligible personal investment of at least $200,000 CAD in the business
The applicant may establish an eligible new business, or take over and grow an existing one. The applicant must create at least one new full-time job for a Canadian citizen or permanent resident. The applicant and their dependants may move to B.C. after receiving a work permit.
Must establish an eligible new business, or take over and grow an existing one
Must create at least one new full-time job for a Canadian citizen or permanent resident
This will enable you and your dependents to move to B.C.
The steps are: develop a business proposal, register online, wait for an invitation to apply, submit the BC PNP application, apply for a work permit, wait for the nomination decision and submit the IRCC application. After a Letter of Support, the applicant has up to 90 days to apply to IRCC for a work permit and must arrive in B.C. within 12 months of receiving the work permit, then has up to 20 months to implement the plan and meet the Performance Agreement, with a final report 18 to 20 months after arrival. If satisfied, the BC PNP issues a Confirmation of Nomination after a Conditions of Nomination Declaration is signed, allowing a permanent residence application to IRCC under the Provincial Nominee Class.
Develop a business proposal Register online Wait for an invitation to apply Submit your BC PNP application Apply for a work permit Wait for your nomination decision Submit your IRCC application
after receiving a Letter of Support, you have up to 90 days to submit your work permit application to IRCC, and must arrive in B.C. within 12 months of receiving your work permit.
Once you arrive in B.C., you will have up to 20 months to implement your plan, actively manage your business, and meet the performance expectations outlined in your signed Performance Agreement.
you will be asked to submit a final report to the BC PNP between 18 to 20 months after your arrival.
If the BC PNP is satisfied that you have met the terms and conditions of your Agreement, you will be asked to sign a Conditions of Nomination Declaration.
After you sign the Declaration, you will be issued a Confirmation of Nomination as a provincial nominee. This will allow you to submit a permanent residence application to IRCC under the Provincial Nominee Class.
These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.
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Not legal advice. No eligibility verdict or ranking. Check the linked sources before applying.