The comprehensive set of rules to make your business immigration to Canada from India successful!
Free Immigration AssessmentYes, you have come to the right place. Read along to learn more about Canadian business immigration and the hassle-free, proven methods used by the most popular entrepreneurs, self-employed people, business owners etc., from India, who made their dreams come true in their dream destination, Canada!
Business immigration programs of CanadaOptions for Canadian business immigration from India
Some of the popular business immigration options that business owners and Indian entrepreneurs use for relocating and settling in Canada are as mentioned below:
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Start-Up Visa SUV)
The Canadian Start-Up Visa (SUV) is a business immigration program that permits foreign entrepreneurs to immigrate to Canada by receiving support from a designated Canadian venture capital fund, angel investor group, or business incubator. Applicants of the Canadian SUV program must demonstrate that their business ideas are innovative and have the potential to create jobs and economic growth in Canada.
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Entrepreneur Work Permits
The Canadian Entrepreneur Work Permit is a business immigration program that allows foreign entrepreneurs to come to Canada and operate a business. To be eligible for this program, the applicants must have a fool-proof business plan, meet the language requirements and have sufficient funds. Successful applicants who receive the entrepreneur work permit can also bring their families to Canada. Individual entrepreneurs with this work permit can transition to a Permanent Residence (PR) status after one year of successful business operation in Canada.
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Intra-Company Transfer (ICT)
The Canadian Intra-Company Transfer (ICT) program allows multinational companies to transfer eligible employees to a Canadian subsidiary, affiliate, or branch. The program facilitates the transfer of knowledge and skills between international offices and supports the growth and competitiveness of Canadian businesses. The program has specific eligibility requirements, including minimum job requirements and is managed by Immigration, Refugees and Citizenship Canada IRCC. After a year of employment in Canada, there will be several pathways to PR status for Indian nationals who arrive on ICT work permits.
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Provincial Nominee Programs (PNP)
The Provincial Nominee Program (PNP) is a program designed by the Canadian government and the provincial authorities to allow Indian entrepreneurs, business investors and skilled workers to immigrate based on their qualifications and the potential to contribute to the economy of a specific Canadian province or territory. Each region has its selection criteria and eligibility requirements. British Columbia PNP and Ontario PNP are the favourite entrepreneur streams among Indian entrepreneurs.
Best Canadian business options for Indians
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Information Technology
The Canadian IT industry offers good scope for Indians, with growing demand for skilled professionals in software development, cybersecurity, data analytics and cloud computing. Canada’s multicultural society, welcoming nature and business-friendly environment make it an attractive haven for ambitious Indian IT professionals. The National Association of Software and Services Companies (NASSCOM), the Indian Non-Governmental Trade Association, has an ongoing and healthy strategic partnership with the Canadian government. According to NASSCOM, Canada is touted as one the best countries globally for the growth and expansion of Indian IT Businesses.
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Professional Services
The professional sector of Canada is globally renowned for its competency in HR consulting and financial strategies. The good news is that most of the leading Canadian HR consulting companies have increased business opportunities because of the shift of the existing workforce to non-traditional working environments. As a result, a large number of Indian entrepreneurs, business investors and qualified professionals are being attracted by the ever-booming finance sector of Canada.
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Trading
The trading activities between India and Canada are essential for both countries as they provide enormous economic growth and development opportunities. India and Canada share a strong trading relationship, with India being Canada’s ninth-largest export destination and Canada being India’s 29th-largest trading partner. Increased trading activities will lead to more business opportunities, job creation, technology transfer and access to new markets.
Business statistics and guidance for Indian SMEs and business investors venturing to Canada
Given below are some of the statistical data accumulated over the years:
- The average investment budget for Indian SMEs and business investors is between $150 to $300.
- The average approval rate is 95%.
- The most common destinations are Alberta, British Columbia, and Ontario.
- The average processing time is two to three months.
Some of the flourishing Indo-Canadian business sectors in Canada:
- Hospitality industry
- IT consulting and services
- Franchised businesses (professional services and retail marketing)
- Trade (Textile industry, Jewellery, Medical supplies)
Significant reasons for rejections or non-approval of business immigration programs:
- Insufficiency of funds
- Inefficiency in convincing the viability of the business plan.
It is highly recommended that Indian SMEs and business investors venturing to Canada should conduct thorough market research to understand the Canadian market and consumer behaviour. They should also pay attention to legal and regulatory requirements and cultural differences. Business statistics such as GDP, inflation, and unemployment can provide valuable insights into the Canadian economy. It is also essential to seek guidance from local experts and establish relationships with potential partners or customers.
Success stories of Indians who reached Canada through us
We are proud to say that we could be the trusted travel partner for several of our highly esteemed clients. We helped them successfully immigrate to their dream destination, Canada, and will always strive to add up to our extensive list of happy clients.
9 significant steps for starting a Canadian business from India
Starting a business in Canada as an Indian can be an exciting opportunity; however, it requires careful planning and execution. Here are the nine steps to start a business in Canada from India.
1. Research: Conduct thorough research on the Canadian market and its associated regulations to better understand the business landscape.
2, Select a specific business structure: Decide on the type of business structure to register, such as a partnership, corporation or sole proprietorship.
3, Register your business: Register with the Canadian government to obtain licenses and permits.
4, Secure financing: Determine your start-up expenses and secure the funding with the help of loans, personal savings or investors.
5, Create a proper business plan: Develop a comprehensive business plan that outlines your goals, business strategies and financial projections.
6, Select a specific location: Decide on the place for your business activities and secure a commercial lease or go ahead and purchase the property.
7, Hire employees: Hire employees if necessary and abide the Canadian labour laws.
8, Set up proper accounting and bookkeeping: Establish adequate accounting and bookkeeping systems to manage your finances & taxes.
9, Launch your business: Launch your business. Start marketing and selling your products or services.
Few significant facts about Indo-Canadian Immigration
The immigration relationship between India and Canada dates back centuries. Since the 1960s, Indo-Canadians have become one of the largest visible minority groups in Canada. Indians have significantly contributed to Canadian society and culture, particularly in business, politics and arts. As per reliable sources of information, Indians occupy almost 4% of the top 10 of Canada’s total population. Most Indians come to Canada on business visas. British Columbia and Ontario provinces are the most preferred Canadian destinations by most Indians who immigrate under business immigration programs.
FAQs
Q: How to get a business visa to Canada?
You must determine your eligibility, collect your documents, complete the online visa application procedure, and attend the interview to obtain your business visa to Canada.
Q: What is the cost of getting a business visa in Canada?
The cost of getting a business visa in Canada varies depending on the type of visa and the applicant’s nationality.
Q: Will I get a visa if I own a business in Canada?
Owning a business in Canada does not guarantee that you will receive a visa. Applicants must meet all eligibility and application requirements.
Q: Is it possible to get a business visa to Canada from India?
Getting a business visa to Canada from India is possible by following the appropriate application procedures and meeting eligibility requirements.
Q: Will I be eligible for Canadian immigration if I buy a business in Canada?
Purchasing a running business in Canada is one of the most viable options for business immigration for entrepreneurs and foreign investors. You can buy a business franchise, invest in an existing business or even buy an existing one. You can successfully shift to Canada with the help of the C11 entrepreneur work permit or try the intra-company transfer method or any other suitable business immigration program. It is highly recommended that you always seek the assistance and guidance of expert immigration lawyers who can professionally handle your immigration needs.
