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Vianna Law • Aug 1

LIVING AND INVESTING IN CANADA

Establishing or opening a business in Canada may generate a valid work permit visa and then support permanent immigration to Canada, if applicable.

If you are not a Canadian or do not have a permanent residency visa in Canada there is a category for foreigners who wish to establish or buy a business in Canada that may generate a work permit visa which afterwards may assist the applicant to permanently immigrate to Canada.

In general, the applicant in this category must demonstrate:

 

  1. be a sole or majority shareholder (have share control);

  2. that their temporary entry into Canada will result in the creation or retention of employment opportunities for Canadians and permanent residents; and

  3. not having to answer to any senior employee (the applicant cannot be dismissed).

 

Other requirements are to have: a business plan demonstrating how the applicant will finance the company and create or maintain employment, a financial plan; active management of the business; and employing at least one Canadian or permanent resident.

Generally, this work visa will be valid for 2 years and, if fulfilled other requirements, the applicant may apply for the permanent residence visa through the Express Entry program, to permanently immigrate to Canada.

Read the article in Brazilian Portuguese here.

Vianna Law

Luis Felipe Vianna e Silva

lfvianna@viannalaw.com

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