The Investor program for work permit under Canada free trade agreements is one of the types of work permits which do not need LMIA approval letter. The corporate owners and some particular categories of staff are eligible for staying in Canada as investors under this program. This is valid only if they pass the qualifying conditions.
Pre-conditions:
Some important conditions need to be met before putting the application. Those are as follows:
• The applicant has to be a citizen of one of the following: U.S, EU, Australia, Mexico, Japan, Vietnam, Peru, Colombia, and Chile.
• The applicant must possess at least half of the interest of the business located in Canada.
• The investor needs to have an intent and authority to design and operate the tasks of the business which again, requires owning half of the interest of the business.
• The business has to be productive in nature. It should be something that provides products or services to the people.
• The investment will be considered eligible if it is passive in nature and based on stock or real estate profits.
• The applicant has to make a sufficient amount of investment in the business. If not, he or she at least needs to show that a satisfactory amount of money is on the way to be invested. He or she can prove it by showing bank balance, personal loans or leases taken and purchases made for the business.
Conditions for employees:
Instead of owners, it is possible for business stuffs to come to Canada as investors. But for that, the following conditions need to be fulfilled:
• The targeted Canadian enterprise is owned by the inhabitant of the participating country. The ownership has to be 50% at a minimum.
• The employee needs to be from a participatory state.
• He will have supervisory or executive authority in conducting the business in Canada.
• The business is in an active state currently.
• A satisfactory amount has either been invested or is on the way to be invested.
Canada Investor Work Permit suitability:
At present, the Canadian govt. has signed half a dozen agreements that let inhabitants of certain places request for a Canadian Work Permit as investors. This is valid only if they satisfy some particular eligibility criteria. Those agreements are listed below:
• CETA: it is an agreement signed between the EU and Canada.
• CPTPP: this is an agreement involving several countries like Canada, Mexico, Peru, Japan, Malaysia, Australia, etc.
• USMCA: This agreement involves three countries. Those are the United States of America, Canada, and the United Mexican States.
• CAFTA: This agreement benefits Canada and Chile.
• CPFTA: This is an agreement signed between Canada and Peru for establishing free trade relationship between the two nations.
• CPFTA: Canada signed this agreement with Colombia in the hopes of building an inter-trade relationship with the said country.
Visa Services
The Investor program for work permit under Canada free trade agreements is one of the types of work permits which do not need LMIA approval letter. The corporate owners and some particular categories of staff are eligible for staying in Canada as investors under this program. This is valid only if they pass the qualifying conditions.
Pre-conditions:
Some important conditions need to be met before putting the application. Those are as follows:
• The applicant has to be a citizen of one of the following: U.S, EU, Australia, Mexico, Japan, Vietnam, Peru, Colombia, and Chile.
• The applicant must possess at least half of the interest of the business located in Canada.
• The investor needs to have an intent and authority to design and operate the tasks of the business which again, requires owning half of the interest of the business.
• The business has to be productive in nature. It should be something that provides products or services to the people.
• The investment will be considered eligible if it is passive in nature and based on stock or real estate profits.
• The applicant has to make a sufficient amount of investment in the business. If not, he or she at least needs to show that a satisfactory amount of money is on the way to be invested. He or she can prove it by showing bank balance, personal loans or leases taken and purchases made for the business.
Conditions for employees:
Instead of owners, it is possible for business stuffs to come to Canada as investors. But for that, the following conditions need to be fulfilled:
• The targeted Canadian enterprise is owned by the inhabitant of the participating country. The ownership has to be 50% at a minimum.
• The employee needs to be from a participatory state.
• He will have supervisory or executive authority in conducting the business in Canada.
• The business is in an active state currently.
• A satisfactory amount has either been invested or is on the way to be invested.
Canada Investor Work Permit suitability:
At present, the Canadian govt. has signed half a dozen agreements that let inhabitants of certain places request for a Canadian Work Permit as investors. This is valid only if they satisfy some particular eligibility criteria. Those agreements are listed below:
• CETA: it is an agreement signed between the EU and Canada.
• CPTPP: this is an agreement involving several countries like Canada, Mexico, Peru, Japan, Malaysia, Australia, etc.
• USMCA: This agreement involves three countries. Those are the United States of America, Canada, and the United Mexican States.
• CAFTA: This agreement benefits Canada and Chile.
• CPFTA: This is an agreement signed between Canada and Peru for establishing free trade relationship between the two nations.
• CPFTA: Canada signed this agreement with Colombia in the hopes of building an inter-trade relationship with the said country.