Thinking about immigrating to North America via entrepreneur program? Think Canada! In a recent announcement, the US Department of State seems to be wrapping up the Obama’s initiative called International Entrepreneur Rule.
Under this initiative, a temporary residence was granted to immigrant entrepreneurs with promising start-up ideas. The move to cancel the initiative is dictated by the US Government belief that it “lacks sufficient protections for U.S. workers and investors, and is not the appropriate vehicle for attracting and retaining international entrepreneurs.”
This leaves the world’s other leading economies, including Canada, well positioned to retain global entrepreneur talent.
In 2013, Canada launched Start-Up Visa Program with an exact purpose of attracting smart business people to the country. In March this year, after the program has become successful, the Government of Canada made it permanent.
If you think you can establish an innovation-intensive business in Canada which will bring profit, employ Canadians, and make Canada competitive – welcome to Canada!
A very important thing to note! If your venture is not a success, you WILL NOT use Canadian permanent residence. This differs Canada from other countries with similar programs.
Canada Start-Up Visa Program is not the only way to immigrate to Canada as an entrepreneur. There are also entrepreneur streams of the Provincial Nominee Program offered in British Columbia, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, the Northwest Territories and the Yukon.
Make sure to check them out, or contact us with any questions! Give us a call at (416) 661-4487 or email us at [email protected]. We have vast experience in PNPs and Start-Up Visa Program, and will guide you through!
Learn more about Start-Up Visa Canada Program.
Related topic that might interest you: