Canadian immigration structure is divided amongst – the federal & provincial governments, each providing options to attain Canada permanent Residency. Each province has its own Provincial Nomination Programs (PNP) wherein the applicants aiming for Canada investment permanent residency are required to invest CAD 200,000 – 500,000 in a business. However, they cannot file for the Canada Permanent Residency directly as the its further checkpoints include the success of business in the consecutive initial two years.
Federal government offers Canada Permanent Residency programs such as Express Entry – suitable for young applicants and Intra-Company Transfer (ICT) for employees having their employers in Canada. Nonetheless, both these programs have point-based qualification criteria for the eligibility of permanent residency.
On the other hand, another federal program – Canada Start-up Visa has gained popularity owing to the ability of the applicants to file for the Canada Permanent Residency directly. By launching an innovative start-up in the North American market and holding a minimum 10% stake in the same, the founders can scaleup their business globally alongside attaining a second residency. Also, the senior management executives can avail the opportunity to become a part of the founding team of the start-up, dispense their expertise and obtain the Canada investment Permanent Residency.
The choice of program based on the applicants’ profile, requirements and investment capacity holds the paramount importance. Arcum Global is a Legal Management Consultancy firm specialises in services including international business setup, residency planning, citizenship acquisition through investment and tax structuring. Its team of professionals will guide you through the details and process of available and suitable options for you to obtain Canada Permanent Residency.
