Interest amongst Indians to move to Canada for business, education, and eventually settling has been increasing in the last few years. In this article, we have discussed the most popular ways opted by the Indians, according to the Immigration trends.
STARTUP VISA PROGRAM
Canada is looking for talented entrepreneurs interested in starting businesses that will stimulate the Canadian economy while creating employment opportunities for its residents.
A Start-Up visa Program is an attractive option for you if you are an entrepreneur or innovator. The program does not require a minimum investment by the investor, and along with this, there is no net worth requirement. Moreover, the investor can decide to live anywhere in Canada and only requires to score a minimum of five CLB on the English language IELTS test.
However, it is essential to note that the program requires you to have settlement funds to help you settle yourself and your family in Canada. After three years of permanent residency, you can become eligible to apply for Canadian citizenship and a Canadian passport.
To be eligible for the Start-Up visa, the foreign entrepreneur must have a viable business project that will meet the requirements of a government-approved designated entity.
The eligibility criteria for the Start-Up visa program are as follows,
- Applicant must have a qualifying business
- Commitment Certificate and Letter of Support from an IRCC designated entity showing that business has support (Venture Capital, Angel Investor, Business Incubator)
- Proficiency in language (English or French)
- Sufficient funds for settling in Canada
Once you meet these requirements, you will get a letter of support from your sponsor, which opens the doors to your Canadian immigration. Processing your permanent resident immigration application with the letter of support can take about 18 months. However, once you have your letter of support, you can immediately apply for a short-term work permit to come to Canada to work on your project in the company.
Apart from this, your spouse and children can also enjoy the benefits of Permanent residency like healthcare and free education for your children. Your spouse would also be eligible to get an open work permit.
Finally, being specialists in Business Immigration (especially Start-Up Businesses), we have developed good expertise and helped many investors and entrepreneurs successfully navigate the Start-up visa process.
To know more about the Start-Up visa program, you can visit us at https://acquest-advisors.com/m-canada-start-up-visa/
EXPRESS ENTRY
Express entry is most commonly used and a significant way to enter Canada. It is used to manage PR applications for three economic class immigration programs:
- Federal Skilled Worker Program
- Federal Skilled Trades Program
- Canadian Experience Class
It follows a Point-based grading system. This includes language, education, work experience, age, job offer, and adaptability. Applicants receive the points based on this Comprehensive Ranking System (CRS).
Applicants scoring equal or above cut-off are awarded an invitation to the application (ITA). Provincial governments also pick up from express entry. A provincial nomination also increases points.
First, you must create an Express Entry profile for the following documents are required
- Passport or travel document
- Language test results
- Educational credential assessment report
- Provincial nomination (if you have one)
- Written job offer from an employer in Canada (if you have one), proof of work experience, certificate of qualification in a trade occupation issued by a Canadian province or territory (if you have one)
- Proof of funds
If your Express Entry profile is accepted, you get into the pool of candidates. You will be ranked in the Express Entry pool using the above mentioned points-based system.
Invitation to apply is awarded to the candidates with the highest scores in the pool. You then get 90 days to submit your application for permanent residence.
STUDY PERMIT
The study permit is a document that the Canadian government issues to allow foreign nationals to study at designated learning institutions (DLI) in Canada. As a study permit is not a visa, you may need a visitor visa or an electronic travel authorization (eTA). This permit is valid for the length of the study program and extra 90 days.
Once you have finished your education, you can apply for a work permit. This is given according to the study permit that is a study permit of a year will earn you a work permit of a year in Canada. Similarly, a study permit of two years will help you attain a work permit of three years.
After your education gets over, you can work and then apply for your Canadian Permanent Residency.
These are some of how you can immigrate to Canada based on your requirements.
Canada has recently been recognized by the World Report 2020 survey as the number one country globally for quality of life. Keeping this in mind, we wish that you achieve your immigration dreams and enjoy a beautiful life in Canada!
Acquest Advisors is an Investment Immigration Advisory specialising in Citizenship and Permanent Residency through Investment Immigration programs run by governments esp. America, Canada & Europe.