Canada wants more entrepreneurs – Start-Up Visa

Canada wants more entrepreneurs – Start-Up Visa
Canada wants more entrepreneurs – Start-Up Visa

Canada wants more entrepreneurs – Start-Up Visa

Canada’s new Start-Up Visa is the first of its kind in the world, linking immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups.

Canada wants entrepreneurs. Unlike programs in other countries, we do not provide “temporary” or “conditional” status. Successful applicants to this program will be able to immigrate to Canada as permanent residents with no conditions attached to the success of their business.

Do you want to build a dynamic company that can compete on a global scale? It starts in Canada.

The Canadian advantage

Canada is open for business to the world’s start-up entrepreneurs

There are many reasons why Canada is the best place to build your business:

Strong economic growth: Forbes magazine rates Canada as the best country in the G-20 with which to do business. Canada has the strongest fiscal position in the G-7 and among the best fiscal prospects in the G-20.

Low taxes and low business costs: Canada offers a low-cost and low-tax environment so your business can thrive. Canada’s overall tax rate on new business investment is significantly lower than that of other G-7 countries. KPMG ranks Canada as the most tax competitive country in the G-7.

Excellence in research and innovation: Canada offers a winning environment for research and innovation, including world-leading research and development (R & D) infrastructure, scientific talent and innovation incentives. Combined federal and provincial credits can return to foreign investors, on average, up to 30 percent of their R & D investment in Canada.

Top quality of life: Canada’s top quality of life provides a great backdrop for the success of individuals, families and globally engaged companies. According to the World Bank, in 2011 Canadians enjoyed nearly the highest standard of living in the G-20. Canada is home to a highly educated, flexible and multicultural work force.

How can I qualify?

Before applying, you will need to secure a commitment from a designated Canadian angel investor group or venture capital fund to invest in your business idea.

Citizenship and Immigration Canada has collaborated with Canada’s Venture Capital and Private Equity Association, the National Angel Capital Organization and the Canadian Acceleration and Business Incubation Association to identify the participating private sector organizations. A list can be found online at cic.gc.ca/startup.

To apply for the Start-Up Visa, contact one of these organizations and convince them your business idea is worth investing in.

Once you have a commitment, then you can apply to Citizenship and Immigration Canada to immigrate through the program.

In addition to passing standard health and security criteria, you will need to demonstrate your ability to communicate in either English or French, that you have completed one year of study at a post-secondary institution, and that you have enough money to live on while establishing your business.

For more information

Citizenship and Immigration Canada’s website at cic.gc.ca/startup is your first stop for eligibility information about the Start-Up Visa and other Citizenship and Immigration Canada programs. All the forms and guides needed to complete your application are available online.

Posted in Business / Investor Visa, Canada, Canada PNP, Express Entry, Immigration, Visa and Immigration | Tagged , , , , , , , , , , , , , , | Leave a comment

Manitoba issues 492 invitations in second December draw

Manitoba issues 492 invitations in second December draw
Manitoba issues 492 invitations in second December draw

Manitoba issues 492 invitations in second December draw

Express Entry candidates among those issued Letter of Advice to Apply for a provincial nomination for permanent residence

Manitoba held its second Expression of Interest draw of December on Thursday, issuing 492 invitations to immigration candidates in its Skilled Workers in Manitoba, Skilled Workers Overseas and International Education streams.

These streams are part of the Manitoba Provincial Nominee Program (MPNP), which allows Manitoba to nominate a set number of economic immigration candidates for permanent residence each year.

A total of 351 Letters of Advice to Apply (LAAs) for a provincial nomination were issued through the Skilled Workers Overseas Stream and 106 LAAs went to Skilled Workers in Manitoba candidates.

Another 35 letters went to candidates registered under Manitoba’s new International Education Stream.

Skilled Workers Overseas candidates invited in this draw had scores as low as 576 and the lowest score for Skilled Workers in Manitoba was 502.

The December 20 draw brings the total number of invitations issued this month by the MPNP to 1,022.

Express Entry candidates among those invited

An unspecified number of Express Entry candidates were among the Skilled Workers Overseas candidates invited on December 20 — the second time this month that the MPNP has issued invitations through its Express Entry pathway.

The Express Entry system manages the pool of candidates for Canada’s three Federal High Skilled economic immigration programs — the Federal Skilled Worker Class, Federal Skilled Trades Class and Canadian Experience Class.

The MPNP requires that Express Entry candidates have at least six months of recent work experience in one of the province’s in-demand occupations and job seeker validation code in order to be eligible.

To be considered for a provincial nomination from Manitoba, Express Entry candidates must first register an Expression of Interest (EOI) profile with the MPNP.

Profiles are ranked based on scores awarded for factors such as education, work experience and proficiency in English or French. Connections to Manitoba are also considered, such as a close relative or previous education or work experience in the province.

The highest-ranked candidates are then invited to apply for a provincial nomination through regular draws from the pool.

Express Entry candidates who apply for and receive a provincial nomination are awarded an additional 600 points toward their Express Entry ranking score.

The MPNP also issued invitations to Skilled Workers Overseas candidates outside the Express Entry system in the December 20 draw.

These candidates had to have the following in order to receive an LAA:

A close relative residing in Manitoba or past education or work experience in Manitoba;

At least six months of recent experience in an occupation on Manitoba’s In-demand Occupations list; and

A minimum language proficiency of CLB/NCLC 5 unless work experience is primarily in a regulated occupation (minimum CLB/NCLC 7) or a compulsory trade (CLB/NCLC 6).

Manitoba also issued 44 LAAs to Skilled Workers Overseas candidates with a score of at least 718 under a Strategic Recruitment Initiative. Such initiatives include overseas recruitment missions conducted by the MPNP.

Posted in Canada, Canada PNP, Express Entry, Immigration, Manitoba, Visa and Immigration, Work Abroad | Tagged , , , , , , , , , , , , , , , | Leave a comment

Prince Edward Island issued new invitations to apply for a provincial nomination

Prince Edward Island issued new invitations to apply for a provincial nomination
Prince Edward Island issued new invitations to apply for a provincial nomination

Prince Edward Island issues new invitations to Express Entry, Labour Impact and Business Work Permit candidates

PEI has now issued 1,240 invitations through its Express Entry and Labour Market categories in 2018

Prince Edward Island issued new invitations to apply for a provincial nomination to candidates in its Express Entry, Labour Impact and Business Impact immigration categories in a new draw held December 20. 

A total of 65 invitations were issued to Express Entry and Labour Impact candidates and another nine were issued to candidates in the Business Impact: Work Permit Stream.

The Prince Edward Provincial Nominee Program (PEI PNP) did not provide a breakdown of how many Express Entry candidates were invited or the minimum score.

The PEI PNP has now issued 1,240 invitations in 2018 through both the Express Entry and Labour Market Impact categories, which is 86 per cent of all invitations issued this year through the province’s various immigration categories.

PEI’s Express Entry Category is for candidates with a profile in the federal Express Entry system. Express Entry manages the pool of candidates for Canada’s three Federal High Skilled immigration categories — the Federal Skilled Worker Class, Federal Skilled Trades Class, and Canadian Experience Class.

Express Entry candidates with a provincial nomination are awarded an additional 600 points toward their Express Entry ranking score and move to the front of the line for an invitation to apply for Canadian permanent residence.

In order to be considered for a provincial nomination, Express Entry candidates must first register an Expression of Interest, or EOI, with the PEI PNP.

Candidates provide details on their education, work experience and proficiency in English or French, among other factors, and are awarded a score based on the information provided.

EOIs are reviewed and assigned points based on six selection factors: age, language, education, work experience, employment, and adaptability up to a maximum of 100 points.

Those with the highest scores based on the PEI PNP’s unique points system are issued invitations to apply for a provincial nomination.

Express Entry candidates may be invited to apply for a provincial nomination with or without a job in the province, and there have been cases when the PEI PNP has contacted Express Entry candidates who have not submitted an Expression of Interest to the province but who may be a match for labour market needs in the province.

PEI’s Labour Impact Category also operates on an EOI basis and is divided into three streams — Skilled Worker, Critical Worker and International Graduate.

Candidates for these streams must be either currently working for a PEI employer or have a job offer from an employer in the province, among other criteria.

Candidates in the Business Impact: Work Permit Stream invited in this latest draw had a minimum score of 130.

This stream provides selected entrepreneurs with a temporary work permit to operate a business in PEI and only issues a nomination for permanent residence if the terms of their business performance agreement are met.

Posted in Canada, Canada PNP, Express Entry, Immigration, Prince Edward Island, Visa and Immigration, Work Abroad | Tagged , , , , , , , , , , , , , , , , | Leave a comment