Important Information for Indians Moving to Canada
The beautiful nation of Canada presents numerous exciting opportunities to newcomers. They are also among the friendliest nations on the globe, which is advantageous. If you are an Indian citizen who wishes to spend a substantial quantity of time abroad, Canada is an excellent option. Regardless of whether you desire to work in Canada permanently or temporarily, you have several options.
Rising Canadian Immigration Rate:
The rate of immigration from India to Canada is extraordinary. Indians favour Canada over the United States, in part because of the Trump administration’s stricter Canadian immigration regulations. This applies to citizens of many nations, not just Indians.
However, it is particularly intriguing that the number of Indians granted permanent residency in the country has increased by 50 percent in just three years. In 2016, a total of 39,705 Indians immigrated to Canada. As of 2019, this number has surpassed 80 thousand. This represents an aggregate gain of 105%. This trend will likely persist for the foreseeable future, according to experts. The demand for qualified labourers continues to rise, and there are a large number of qualified Indians.
There are numerous reasons for this, including the fact that Canadian permanent residency applications are less rigorous than American applications. Since Trump’s inauguration, the rate of denials for US permanent residency applications has quadrupled. The fact that many Canadian colleges attract international students, including Indians, is another reason why Canada is an increasingly popular immigration destination.
Immigration and Visa Policies:
After deciding to reside in Canada for an extended period of time, you must first consider how to obtain the appropriate visa. Before migrating to Canada, you must verify that you meet the eligibility requirements. Depending on the personal information you have provided, you may qualify for the Provincial Nominee Program or the Express Entry Program. For the latter, you must examine the eligibility requirements established by each province.
Age is an additional fundamental requirement for permanent residence in Canada. To be eligible, you must be between 24 and 35 years old. Language aptitude is an additional crucial factor. IELTS and CLB tests must be passed as part of the application process. Examine the three skills of reading, speaking, and writing.
Education is another factor that can earn your additional points when applying for an immigrant visa. Your degree must be from an accredited institution in order for Canadian immigration laws to recognize it. Experience is also an essential factor, especially if you want to work in a highly competitive profession. The existence of a sibling who is already residing in Canada is another factor that will increase your qualifying points.
You will receive an Invitation to Apply (ITA) if you meet the minimum point requirements.
Documentation needed: Canadian Immgration
Your acceptance is contingent on your submission of the required documentation for a long-term stay and PR in Canada. Depending on the situation, various forms of documentation (such as your candidacy profile) may be necessary. The following is a list of possible documents that you may be required to write:
- Passport photographs
- Police clearance
- Medical evaluation
- Educational resources
- Experience-based paperwork
- IELTS test results
- Proof of funds
Permanent relocation to Canada
After submitting the required documentation and following the prescribed procedures, you can officially begin visa processing. If you meet all of the requirements, you should have no difficulty obtaining a visa because Canadian immigration process is one of the most accommodating in the world. The procedures have been modified to make it easier for skilled professionals to access Canada and contribute to the local and national economies.
Express Entry Program: Canadian Immgration
We are aware that Canada has multiple permanent residency immigration programs. The same applies to businesses and new ventures. The Express Entry program enables entrepreneurs to enter Canada with a work permit and convert to a permanent resident visa as skilled workers. By having one year of employment experience, they can earn additional points.
Startup visa program: Canadian Immgration
The country offers a start-up visa program through which permanent resident status and a work permit can be obtained while the permanent resident application is pending. This program provides immigrant entrepreneurs with incentives to establish enterprises in Canada. Successful applicants can establish partnerships with private Canadian businesses and receive funding assistance and business management advice.
Specific ownership and stockholding requirements are specified in this program’s regulations for a startup to be eligible for this visa. Eligibility requirements are:
- Must meet the minimum English or French language eligibility requirements.
- Must have adequate financial resources to reside in Canada.
- Must successfully complete all medical exams and security procedures.
- Provide evidence that the business has the required resources.
- Meet the ownership requirements.
Only five foreign nationals from the same company are eligible to apply for a PR visa under this visa program.
The immigrating entrepreneur must have the support or sponsorship of a designated Canadian venture capital fund, angel investor, or business incubator in order to qualify for the PR visa.
This visa program comprises IRCC-designated venture capital funds, investor organizations, and business incubators.
This program’s successful applicants must be able to secure the minimum required investment. A venture capital fund’s minimum investment should be USD 200,000. The investment must be at least $75,000 if it originates from a group of angel investors. Applicants must also be enrolled in a Canadian business incubator program.
There is no requirement for candidates to invest their own funds in the business. Individuals granted PR visas through this program will maintain their PR status regardless of the outcome of their business venture.
Provincial nominee programs: Canadian Immgration
To obtain a PR visa through the Provincial Nominee Program (PNP), an entrepreneur must meet the program’s eligibility requirements.
To qualify for the PR visa, he must demonstrate his intent to establish a business in the province where he intends to reside. He must have a thorough business plan to support his objectives. Under the PNP Canadian immigration program, each province’s entrepreneur program has its own set of eligibility requirements. Common prerequisites include:
The applicant must have prior experience in business management. A third-party company that the province has designated must verify the applicant’s minimum net worth.
The applicant must be willing to invest a significant amount in a qualifying business in the province, or they must own the required percentage of a qualifying business in the province.
The corporation will only be eligible if it meets the PNP eligibility requirements.
The business owner should remain in the province and supervise daily operations.
The enterprise must have the capacity to create employment opportunities for Canadians and permanent residents.
If the application meets the PNP requirements, authorization can be granted.
Canadian Investor Program
Quebec has its own immigration system, which includes investor and entrepreneur categories. It has distinct eligibility requirements.
To qualify for a PR visa under the Quebec investor program, an applicant must have a net worth of $2,000,000. In the five years prior to his application, he must have had at least two years of experience in business management. In addition, he must make a five-year investment of USD 1,200,000 in the government of Quebec. The applicant for this category is not required to own or manage a business in the province. In actuality, this PR program requires only a passive investment from the applicant.
In many ways, the Quebec Entrepreneur Program is comparable to other provincial entrepreneur programs. The eligibility requirements include a minimum net worth and the administration of a business in Quebec, which includes managing its day-to-day operations.
Canadian Immgration: Federal Skilled Workers Program
The Federal Skilled Workers Program qualifies businesspeople for permanent resident visas. If they own at least a 50% stake in a Canadian business, they can apply for an owner-operator labour market impact assessment (LMIA) and a work permit.
Canada offers several visa programs to encourage entrepreneurs. There are enticing programs for entrepreneurs in the United Kingdom that encourage individuals to establish a business and attain PR status.
