Canada is an excellent location for doing business. According to the World Bank's ease of doing business ranking, Canada is rated 23rd. Canada boasts a well-educated workforce and one of the world's lowest business tax rates.
Business owners, entrepreneurs, and investors want to become Canadian citizens for these (and many other) reasons. There are no "golden visas," "citizenship by investment," or other comparable passive investment programmes in Canada that allow you to get Canadian citizenship in exchange for a financial investment. However, by investing in Canadian enterprises, business owners, entrepreneurs, and investors can still obtain Canadian citizenship.
Businessmen, investors, and entrepreneurs can become permanent residents of Canada through one of three general immigration methods. This includes the executive express entry, provincial nominee programs, and a start-up company.
It is a misconception shared by many business owners that express entry is the only way for them to immigrate to Canada. However, this stream is limited to young professionals because of the points given according to age.
However, where a foreign investor invests in Canadian business, they create the opportunity for themselves to obtain a work permit, followed by permanent residency. And after being a permanent resident of Canada for the required period, they will be eligible to become citizens.
Business immigration is available through different provincial nominee programs. To understand more about these different streams, you can make an appointment with our team.