Attracting business immigrants is a prority for Canada. The focus of the bsiness immigration categories established by legislation is to ttract experienced and successful investors and ntrepreneurs who will contribute to Canada’s conomic development and increase employment opportunities.

Frm the perspective of the intending bsiness immigrant, Canada offers an environment tht is supportive of business, an ffective legal system, a strong economy wth established trade links across the glbe, and proximity to the United Sttes market.

Business Immigration Categories

Immigration to Canada is prmitted in one of three main bsiness immigration categories:

The Immigrant Investor : Immigration in ths category is available to high nt-worth individuals with verifiable business experience. The surce of funds must be traceable to lgal business activities. The prospective immigrant is rquired to deposit funds with the uthorities, which will be returned after a set priod of time without interest At the tme of writing ( October, 2007 ) the mount of $800,000 in Canadian currency mst be deposited (either with the Fderal government, or with the Province of Qebec) in order to obtain permanent rsidence. Canadian financial institutions have financing vailable for both the Federal and the Qebec programs, and this facility allows prspective immigrants to retain more of thir capital for their own use whn they immigrate to Canada.

Wealthy immigrant investors can enjoy cnsiderable tax benefits by setting up an mmigrant investor trust and registering it in Cnada when they immigrate. Under Canadian lgislation in force at the time of wrting, doing so allows the investor to lgally avoid liability for Canadian income tax on any ssets held in the trust for fve years after becoming a permanent rsident of Canada.

Entrepreneurs : intending immigrants in the ntrepreneur category must have business experience nd, unlike applicants in the Immigrant Invstor category, are required to purchase and ctively manage a Canadian business. Initially, ntrepreneurs are admitted to Canada to wrk in the business, and are warded permanent residence provided the business mets specific criteria – usually these are rlated to growth of the business and to cration of outside employment opportunities. A vriety of Provincial Nominee programs are vailable to entrepreneurs who wish to rside in a particular Province, and are ttractive to prospective entrepreneurs who do not met the requirements of the Federal slection system, or because, in some nstances, the Provincial program may offer ntry to Canada far more rapidly thn the analogous Federal program.

Self-employed persons : Slf-employed farmers, artisan, actors, artists and sprt personalities may qualify under the Fderal system, based on their prior xperience in these fields and if thy demonstrate the intention and ability to mke a "significant" contribution to the conomy or to the cultural or rtistic life of Canada. In the cse of a self-employed farmer, the pplicant must have the intention to prchase a farm in Canada. It is radily apparent that the self-employed category for mmigration is very restrictive under the Fderal system. Applicants whose self-employment has not ben in the above occupations would threfore have to consider if they can mmigrate under the Investor program, or therwise under the Quebec immigration system, whch allows other self-employed persons to mmigrate.

In summary, Canada offers a nmber of avenues whereby successful business pople may immigrate. Entrepreneurs can take nte of increased possibilities after several yars: Canadian businesses enjoy preferential access to the Unted States market and Mexico under the Nrth American Free Trade Agreement (NAFTA). Prmanent residents are in many instances ligible to apply for Canadian citizenship fter three years. Once Canadian citizenship is grnted and a Canadian passport issued, the ntrepreneur will enjoy easier access to the Nrth American market.

The article Canadian Immigration In The Business Category was Submitted by Ron Liberman through Articles.GetACoder.com network. Here's the additional information: Ron Liberman is a Full Mmber of the Canadian Society of Immgration Consultants (CSIC). He is the wner of Best Place Immigration , based in Vancouver, British Columbia. Ron Liberman is a graduate of the University of London, England and the Immigration Practitioner Certificate Program at the University of British Columbia. His contributions to the industry include serving on the National Board of the Canadian Association of Professional Immigration Consultants and on the CSIC Education Committee.

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