Become a Canadian Permanent Resident through the Quebec Investor Program

Become a Canadian Permanent Resident through the Quebec Investor Program

Quebec welcomes foreign nationals who can contribute to the development of the province’s economy by making an investment. Those who meet the requirements for the Quebec Investor Program  can submit an application for permanent selection. If selected, the applicant is granted a Quebec Selection Certificate from the provincial government – which allows them to apply for permanent residence to the federal government.

In order to be eligible for permanent residency by investment  through this pathway, candidates must meet the following requirements:

·         Hold net assets worth at least CAD $2 million – solely or in combination with a spouse or partner – excluding any amount received as donation less than 6 months prior to application submission.

·         Have at least 2 years of management experience within the 5 years preceding the application for permanent selection. This includes having authority over control, planning and management of human, material or financial resources – but excludes training, apprenticeship or specialization leading to diploma.

·         Intend to settle down in the province of Quebec after attaining residency through investment.

·         Enter into an investment agreement with a financial intermediary – a trust company or broker, which is authorized to participate in this program, and could possibly offer to finance the investment.

·         Make a 5-year term investment worth CAD $1.2 million with Investissement Quebec – Immigrants Investisseurs Inc. This investment is guaranteed by the Quebec government. Once the 5-year period ends, the trust company or broker will reimburse the CAD $1.2 million to the applicant within 30 days, without interest. So, this is a highly rewarding Canadainvestment visa for Indian nationals. The reimbursed amount could vary if the financing for the investment was secured by the applicant.

·         Obtain an attestation of learning the democratic values and Quebec Values, in accordance with the deadline. Accompanying family members (spouse and dependent children above 18 years) also have to be attested.

Other factors, such as age, language skills and educational qualifications, are also considered while assessing the Quebec Investor Program  application. To satisfy the detailed eligibility criteria, prepare the required documents in the prescribed format, and submit a complete application without any errors, seek the guidance of experienced consultants who offer authorized representation. To book a free counselling session, contact 8595338595 or web@businessimmigrationvisas.com.

Why is Canada Startup Visa best for businessmen in India?

If you are an entrepreneur or investor or even a skilled professional who wishes to migrate to Canada, then - Canada startup visa is your abode. According to several statistics and reports, Canada is the number one country in terms of quality of life coupled with a stable political system, a secure banking system, a clean environment, less population, free public health care, and public education system. Considering the business possibilities, Canada is a growing startup and business hub concentrated on the main cities such as Toronto, Vancouver, Montreal, Ottawa, Calgary, etc. According to the stats, Toronto has the second Largest Startup ecosystem only after Silicon Valley in North America. 

What are the features of this program?

• It is a new business immigration permanent resident program that replaced the old Quebec passive investor program.
• The program does not entail a minimum investment, and there is no net worth requirement as well
• You need to acquire investment from the designated investment bodies and their letter of support
• Unlike PNP business immigration Canada, the applicant can choose to live and conduct business anywhere in Canada
• No need for degree-level education or any business management experience
• You only need to score five or higher on the English language IELTS test
• Provision to apply solo or as part of team of applicants up to 5 members
• After three years of permanent resident, you can become eligible for Canadian citizenship
• After three years of permanent resident, you can become eligible for Canadian citizenship

How does the Canada Startup Visa Program Work?

• Must have an innovative business idea to set up a business in Canada
• Must develop a viable business project that can generate employment and contribute to the economy
• Meet the due diligence requirements of any of the three government-approved designated entities:

1. Get support of a Designated Venture Capital Fund Group to invest minimum CAD 200,000 in your project/business, Or
2. Get support of a Designated Angel Investor Group to invest minimum CAD 75,000 Canadian) in your project/business, Or
3. Get approval from the Business Incubator Program that will work with you to prepare a business plan for the project. It is the most popular option wherein the applicant must make a payment to the incubator to help in the business plan and further guidance for Canada Business Visa..

• Applicant must have a minimum of 10% of the Canadian company's voting shares for the incorporation. No other person can hold 50% or more of the voting shares.
• If you meet the requirements, you will get a letter of support or a commitment certificate from designated bodies.
• The entire process will take 16 to 18 months for permanent residency.

If you wish to set up a business in Canada and enjoy permanent residency, you can opt for free counseling and guidance on Canada Startup Visa. For more details, reach us @ 8595338595 or on web@businessimmigrationvisas.com.

How Canada Investor Visa will generate more opportunities

Canada Investor Visa is among the prime sources that bring foreign investment and resources into the country. Many business professionals, entrepreneurs, investors and self-employed people get chance to settle in Canada permanently. The country is blessed with a geography that harbors unique population, resources, minerals, wildlife, landscapes and nature. And, the govt. is working tirelessly to make sustainable development and produce clean energy for the people and future generations to come. This pandemic has made us realize, how important is resources for a country.

The economic slowdown and global recession has weighed down many development programs in the country. It is the time to reinvent and push the economy back on track. As we are entering a new year, it is essential to propel economic reforms and policies for effective development throughout the nation. Hence, govt. is focusing on Startup Visa Canada program that will succeed in the Post-Covid world. Next year is expected to witness a surge in startup visa applications in Canada.

Canada is among those few least affected countries from the impact of Covid and subsequent recession. And, govt. is capitalizing the situation to mobilize and strengthen the startup business ecosystem in the country. Many startup founders are adopting more focus on sustainable development and renewable energy production. Foreign investments will play an important role in building and developing the startup ecosystem. With startup visa pathway in place, foreign talents from all around the world, including India can move to Canada. All you need to do is:

•Have an innovating business idea for new business in Canada that can contribute in the economy

•Must have a properly drafted business plan detailing the:

Company description

Marketing Plan

Market analysis

Product offering

Company Management Plan

Financial Plan

•You need to acquire certain investments from the Canadian designated body. In short, you don’t need to invest your own money

•There is no minimum net-worth requirement as well.

Selected applicants will receive unconditional Canadian Permanent Residency for the entire family, free healthcare and education, higher standard of living and abundant opportunities.

Out of many business immigration pathways, the Canada Investor Visa also knows as the startup visa, will generate more opportunities for country and foreign talents in coming year.

If you wish to grab the opportunity of settling in Canada with your family, you can reach us @ 8595338595 or on web@businessimmigrationvisas.com for free immigration counselling and guidance.

Business Visa Australia changes visa requirements

 Business Visa Australia is among the most preferred business immigration pathways for business owners, high net-worth individuals, entrepreneurs, investors, and self-employed individuals. Australia has successfully provided wholesome business opportunities along with residency benefits, human development, and family care. The Covid-19 has severely hit the business market and immigration process in Australia; however, it is expected to recover from the impact by the year 2021. Therefore, the Australian Govt. is taking strict measures and new visa regulations for the year 2021. 

The Australian Government recently announced the cutting down of business and investment visa 

streams from the nine categories to four to support the economic recovery Post-Covid era. The existing 

Business Innovation and Investment Program has three visas and nine streams. As per the latest visa 

reforms, these streams will now be cut back to four: 

Business Innovation Stream 

Entrepreneur Stream 

Investor Stream 

Significant Investor Stream

These changes will come to effect from 1 July 2021 as per the Immigration Minister Alan Tudge. He 

believes that the streamlining of BIIP will magnify the economic contribution from the investors. 

Changes to visa eligibility requirements: 

As per the new visa norms, the Australia Business pathway will see an increase in requirements for new applicants to prove their 'business acumen.' 

Applicants must now require to have business assets of AUD 1.25 million and an annual turnover of 

AUD 750,000. The amount was earlier AUD 800,000 and AUD 500,000 respectively. 

Furthermore, some visas will have lesser thresholds. For example – the existing Entrepreneur visa 

has AUD 200,000 funding threshold, which will be scrapped from July next year. 

From 1 July 2021, Subclass 132 visa categories such as Significant Business History, Venture Capital 

Entrepreneur, and Premium Investor will not take new applications until further notice. 

However, the immigration authority will continue to process the previous applications for these 

pathways mentioned above. 

As per the existing program, most business immigrants get provisional visas with a minimum visa 

validity of four years. After the visa changes, Govt. will increase the visa validity to five years to allow 

the applicants more time to meet the residency requirements. 

Australia on its way to clear the backlog 

Despite Covid-19, Business Visa Australia pathways continue to fill its allocated Migration Program 

quota. The quota was set at 7,260 for 2014-15, which was reduced in 2019-20 to 6,862. However, the 

immigration department has doubled the allocation with 13,500 in October 2020 for the current 

program year. The increase in quota was executed due to the growing demand for the visas. 

The Government believes that these changes will allow them to reboot its business program and meet 

the regional Australia requirements. Business migrants bring talent and investment to the big cities 

where there's the most significant economic activity instead of regional areas. So, govt. is finding ways to generate more business opportunities in the regional areas where there is a low population. 

If you wish to settle in Australia, you can reach us @ 8595338595 or on 

web@businessimmigrationvisas.com for free counseling and guidance on the Business Visa Australia. 

 

 

How Turkey Citizenship by Investment becomes a gateway for USA

 

Turkey Citizenship by Investment provides a direct Turkish Citizenship to those eligible Investors, Entrepreneurs, High Net-Worth Individuals and Self Employed Professionals who can invest minimum USD 250,000 (INR 1.85 Crore) in Real Estate. After making the investment and meeting other eligibility criteria, you and your family can attain Turkish Passport within 2 to 3 months. After attaining the passport, you can apply for US Visa which we will outline in the later section.

What are the requirements for Turkish Citizenship?

There are options for Turkey Citizenship by Investment with different requirements. Below are the details:

Option 1 – Investing in a Real Restate Property

·        Purchase a Residential or commercial property with minimum worth of 250,000 (INR 1.85 Crore)

·        That property can be given for rental income, or you may sell it after 3 years of citizenship

·        There is no limit in investing in a single property. You have the right to acquire several properties. 

Option 2 – Cash Investment

·        Make a Fixed-asset cash deposit of USD 500,000 (INR 3.7 Crore) in a Turkish bank for minimum 3 years

·        Investments to be kept for 3 years with potential to receive interest as income

Option 3 – Setup a Company in Turkey

·        Establish a company in Turkey and generate employment for minimum business 50 Turkish employees 

How Turkish Citizenship becomes pathway for USA? 

USA has a unique pathway called E-2 Visa which is a long term permit for business professionals who can make an investment in a business of USA. The key features of this programs are:

·        No minimum investment or Net-worth required (however it is recommended to invest USD 150,000 (INR 1.11 Crore)

·        It is a Long-term visa for 5 years and can be extended in every 2 years indefinitely

·        No cap or country quota

·        Can avoid taxation by limiting the stay in U.S.

·        2 months processing timing 

Unfortunately, Indians cannot apply US E-2 visa with an Indian passport as India do not maintain a Trade Treaty as per US E-2 norms. However, Turkish citizens can apply US E-2 Visa as they Turkey and USA are treaty partners.

As the Business visaconsultants in India, we can help you attain Turkish Citizenship and proceed with the US E-2 Visa. You may reach us at web@businessimmigrationvisas.com or call on 8595338595 

Which city has the best startup ecosystem under Canada Entrepreneur Visa?

 Canada entrepreneur visa is the globally renowned business immigration pathway for talented foreign business owners, entrepreneurs, and investors. The country has carved a niche in the global startup scene wherein it competes with the giants of Silicon Valley. As per the reports, Canada’s economic competitiveness is greater than the U.S which gives them greater flexibility to innovate in the business ecosystem. For any new business under Canada Investor Visa, the startup ecosystem is very essential for the initiation, operation, and success of the business.

What is the startup ecosystem?

The ecosystem comprises of all the stakeholders – including suppliers, competitors and distributors – that propel and attribute to the delivery of the entire business channel. Similar to biological ecosystems, the business ecosystems heavily depends on both competition and cooperation. All the businesses in an ecosystem influence and are influenced by each other.

Why is a startup ecosystem important?

The flourishing ecosystems have transformed the way of business model, operations, and economic value. They have made it possible to show the significance of vendors, employees, and government policymakers rather than only focusing on customer trends and best-selling products. Ecosystems are important to establish a correlation between one other that allows everyone to collaborate and grow together. It develops processes that encourage the flow of concepts, talent, and resources.

 Which city has the best startup ecosystem?

The Toronto-Waterloo corridor is the largest technology hub in Canada and one of the world’s fastest-growing innovation hubs. As per the studies, there are more than 20,000 companies in the Toronto ecosystem including 5,137 startups and tech giants like Twitter and Amazon. Every day there is a new shop or business in opening in the belt due to the highly functional and robust ecosystem prevalent in the city.

 If you wish to start a new business in Toronto, you can apply for a Canadaentrepreneur visa under the Ontario Business Immigration Stream. You need to meet the following requirements:

·  Experience of a minimum of 24 months as a business owner or a senior manager in business management

·     Minimum Net Worth of CAD 800,000 if the proposed business is located in GTA (Greater Toronto Area) and CAD 400,000, if outside GTA

·     Minimum investment of CAD 600,000 if the proposed business is located in GTA and CAD 200,000, if outside GTA

·  Conduct minimum one business-related visit Ontario to establishing or purchasing an existing business in Ontario

To know more on the Canada entrepreneur visa application process, you may call us at 8595338595 or write us on web@businessimmigrationvisas.com for free counseling.

5 things you should know about business Visa Australia subclass 132

More many years Business Visa Australia pathway has been a great contributor in the country’s economy and business environment. Many talented Business owners, Entrepreneurs, Investors and Business Professionals have migrated to Australia and became successful entities in the due course. This enabled the country to improve and enhance its business ecosystem wherein all the vendors, distributors, sellers, buyers, and businesses can grow together.

Here are some factors you should know about subclass 132:

•The pathway is designed for entrepreneurs

Visa subclass 132 pathway is mainly used by the entrepreneurs and business owners who wish to establish or purchase an existing business in Australia. All you need to have a required amount of net-worth in order to conduct business activities in the countries. The nature of these pathways involves the applicant to start and run their own business or purchase and run an existing business that may not be suitable for the investors.

•There are 2 sub-categories under this pathway

Sub-stream 1 - Significant Business History stream – This is the most preferred pathway for the business entrepreneurs as the process is straight-forward. By demonstrating the net-worth and capacity to run a business in Australia, you can apply under this stream.

Sub-stream 2 - Venture Capital Entrepreneur stream – This stream can be complicated as it involves acquiring venture capital funding from the Australian Investment Council (AIC). The required amount must be acquired from this firm.

•There are different amount of requirements

Significant Business History stream

 The net value of minimum AUD1.5 million

 Annual business turnover of minimum AUD3 million

 Total net assets of minimum AUD 400,000 as of the ownership interest in one or more qualifying businesses

Venture Capital Entrepreneur stream

 Must acquire the funding of a minimum AUD 1 million from the Australian Investment Council (AIC).

•The visa comes with many amenities

Under this visa, you can bring your family where they can work and study in Australia. You can also enroll for Australia's public health care scheme – Medicare, sponsor certain relatives, and travel to and from Australia.

•Route to permanent Residency

Under both sub-stream of Business Visa Australia, you can attain permanent residency for a period of 5 years. By staying for a minimum of 4 years in Australia, you will be eligible to apply for Australian Citizenship.

To know more on the Business visa Australia application process, you may call us at 8595338595 or write us on web@businessimmigrationvisas.com for free counseling