In recent years, the number of investors and entrepreneurs looking to live and work in Canada has increased. Many are attracted by the prospect of a new lifestyle, better job prospects, and affordable housing.
If you’re interested in moving to Canada and gaining a visa as an investor, several programs allow you to do so. With careful planning and preparation, these tips will help you strengthen your application for a successful canada investor visa application.
Know Your Options
There are two types of investor visas available in Canada. The first is the Quebec-only Investor Visa, and the second is the federal Investor Visa. The Quebec-only Investor Visa allows investors to live in Quebec (not the rest of Canada) and benefits from a lower investment threshold amount ($50,000).
The federal Investor Visa requires an investment of $800,000, and investors must reside in any Canadian province. Beyond the above, each investor program has different requirements. The federal Investor Visa, for example, requires an active management role in a Canadian-controlled private corporation (CCPC). The Quebec-only Investor Visa, on the other hand, does not require an active management role.
Determine Your Eligibility For The Visa
The first step to applying for a visa as an investor is to make sure you are eligible. Certain conditions must be met to be granted an investor visa. You should have demonstrated management ability, have the skills and experience necessary to manage the business operation, and the needed business experience.
You must have at least two years of experience in the business sector or have worked in a managerial role for at least one year. You should also have liquid assets, as there must be enough cash on hand to cover the total amount you are investing in the business.
Lastly, you should have the needed financial assets, as you must prove that you have enough financial assets to support yourself and your dependents once you arrive in Canada.
Prepare Your Required Documents
Investors applying for an investor visa in Canada must submit several pieces of documentation with their applications. These include a personal information form, business plan, financial plan, net worth statement, and letters of recommendation. You should seek the help of the best immigration lawyers to help you obtain and prepare these documents correctly.
Write A Strong Application Letter
Once you have gathered all the necessary documents and prepared your application, it’s time to write a strong investor visa application letter. The letter should include information on your current personal situation, including your family and personal details.
It should also contain the details on your business and its operation, an outline of your proposed financial investment and how it will be used, and any other information that may strengthen your application.
Have The Best Immigration Lawyer’s Help
An experienced immigration lawyer can help you navigate the tricky world of investor visas, and strengthen your application. An immigration lawyer can help you by assisting you with the application process, reviewing your application for accuracy, and providing advice and general information about investor visas in Canada. So if you need the most reputable and skilled lawyers to help you with your visa application, check out this site and book an appointment now!