Business and Farming Programs

canada-abroad-business-programs

When seeking to immigrate to Canada there are various business and farming programs available depending on your education, work experience and entrepreneurial history.

Canada divides their immigration programs into Federal programs and Provincial programs.

Federal programs are run by the Canadian Federal Government and allow an individual to live and work anywhere in Canada, with the exception of Quebec as they have their own immigration programs. Provincial programs are run by each province / territory individually and are tailored to their specific needs. These programs were created to allow the provinces to bring in new immigrants to fit their specific needs.

There are currently over 40 different provincial business programs in existence. Many of them require previous work or study experience in a specific province/territory or a job offer from a Canadian employer in a specific province/ employer.

There are several business programs however, which will allow applicants to apply based on their entrepreneurial experience. Each program has its own requirements on the amount of personal net worth that you require, years of experience and amount available to invest in the new/existing business in Canada.

The following is a brief overview of business programs available for entrepreneurs and looking to immigrate to Canada. Additional requirements may be required.
British-Columbia

This is a points based system and those with the higher scores will be selected.

  • Intention to reside in British Columbia
  • Minimum net worth of $600,000 Canadian Dollars
  • Minimum of $200,000 Canadian Dollar Investment into the business
  • Create more than one job for Canadians
  • 5 Years of Senior Managerial Experience/Business Owner Experience
  • Active and ongoing management of the day-to-day business operations in British Columbia
  • Their key areas of business are:
    • Agrifoods, Technology and Green Economy,
    • Forestry
    • Transportation
    • International Education
    • Biomedical
    • Mining & Energy or Natural Gas Sector
    • Destination Tourism
    • Value-Added Manufacturing
    • Aboriginal Peoples and First Nations
  • For this program you would enter into a Pool of applicants and would be assigned a score. You will only be allowed to proceed if your score is selected.
Alberta
  • Intention to reside in Alberta
  • Farm management skillsshown by:
    • Financial documentation of your existing farm business
    • Documentation of your education, training and work experience related to farming
    • Proposed business plan
    • Proof that a Canadian financial institution is willing to finance your proposed farming business
  • Minimum investment of $500,000 Canadian Dollars in a farming businessin Alberta
  • Minimum net worth of $500,000 Canadian Dollars or confirmation that you have access to a similar amount of funds from other sources.
  • You must invest in a primary production farming business in Alberta.
Saskatchewan

This is a points based system and those with the higher scores will be selected.

  • Intention to reside in Saskatchewan
  • Minimum net worth of $500,000 Canadian Dollars
  • Minimum three years entrepreneurial or relevant business management experience.
  • Invest a minimum of $300,000 Canadian Dollars if operating a business in Regina and Saskatoon or a minimum of $200,000 Canadian Dollars if operating a business in all other areas of Saskatchewan
  • Own at least one third of the equity of a business in Saskatchewan unless your total investment is $1,000,000 Canadian Dollars or more
  • Active and on-going participation in the day to day management and direction of the business in Saskatchewan
  • If establishing a new business in Regina or Saskatoon, you must create two or more employment opportunities for Canadians or permanent residents in Saskatchewan. These workers cannot be related to you.
  • For this program you would enter into a Pool of applicants and would be assigned a score. You would be allowed to proceed if your score was selected.
  • Intention to reside in Saskatchewan
  • Net worth of $500,000 Canadian Dollars
  • You will be required to sign a Performance Agreement committing to purchase and actively operating a farm operation in Saskatchewan.
  • Make a “good faith” deposit of $75,000 Canadian Dollars in trust. The cash deposit will be returned to you when you’ve met the terms of the Performance Agreement. If you don’t meet the terms within two years of landing in Saskatchewan, the deposit will be forfeited to the Province of Saskatchewan.
  • Make a explo