Do you own a running and competitive international business which you wish to grow in one of the largest economies in the world? Then look no further than the Intracompany Transfer Work Permit Program.
Entrepreneurs who own majority of the shares in a company may be eligible to come to Canada under the Intracompany Transfer Work Permit Program. The Program requires that the applying company demonstrates that the company’s business, upon being granted access to the Canadian market, will contribute to Canada’s economy and create jobs for Canadians.
Furthermore, the entrepreneur must prove that they fulfill certain requirements to be qualified for this program. These requirements include:
Providing a feasible business plan that is specific, well researched and sustainable in the Canadian market. The business plan must capture the essence of the business that provides the for both short-term and long-term goals and vision of the company.
While not essential, having relevant work experience in the industry will provide trustworthiness of the applicant and the business plan.
Entrepreneurs who aim to start a business in Canada must also have the financial capacity to execute their business plan in liquid assets.
The immigration authorities would like to see the entrepreneur’s commitment to execute their business plan through documented proofs. They will assess the entrepreneur’s involvement in the daily operations to successfully run the business and an interview can also be required.
Finally, there must be no criminal record or cause of inadmissibility that will prevent the applicant from being permissible to enter Canada.
Immigration Inquiry
How Nihang Law Can Help Entrepreneurs Start and Operate Their Business
Our experienced team will ensure that your business plan fulfills the eligibility requirements and assist you in the best possible manner in your application. It is our target to help our clients succeed in their business immigration aim. Speak to us today to discuss the best approach for all your Canadian immigration needs.