How to Buy Canadian Citizenship?
There isn’t a specific program to buy Canadian Citizenship like other countries. Instead, Canada offers a variety of business immigration streams that can be of interest to investors and entrepreneurs looking to settle there and finally make them eligible for permanent residency and citizenship.
Choosing the right business immigration program, federal or provincial, which is most suitable for your business and your background will play a significant role in the success of your immigration journey to get your citizenship. This page explains the minimum investment amount, eligibility, advantages and disadvantages, how to apply, and the processing time for the most famous Canada Investor Visa programs, leading you to Canadian permanent residency and citizenship.
Investment Amount To Buy Canadian Citizenship
The investment amount to buy Canadian citizenship may vary but typically ranges from $200,000 to $400,000, depending on the province, location, and the nature of the business. The Investor Visa program is not the right fit for entrepreneurs who need access to low capital to invest in their business venture in Canada.
In our experience, companies must be able to demonstrate solid gross sales exceeding $200,000 per year and access to liquid funds for at least $100,000 to cover the first year’s operational costs. In addition to the initial investment capital, applicants should demonstrate that they have access to additional funds or assets to support the business in Canada if it does not reach self-sufficiency by the end of year 1.
Minimum Requirements for Buying Canadian Citizenship
Eligibility to buy Canadian citizenship is typically based on specific criteria established by the respective business immigration programs, but most require the following:
- Investment: between $200,000 and $400,000 into your Canadian business.
- Net Worth: Some programs require minimum net worth requirements to demonstrate your ability to invest in and sustain a business in Canada.
- Business Experience: have relevant business management skills or ownership experience to build a business in Canada.
- Have A Detailed Business Plan for a Qualifying Business
- Intention: Genuine intention to operate a business in Canada.
- Language Proficiency: Meet the Minimum Language Requirements (CLB 4-5)
- Job Creation: Some programs require job creation for Canadian citizens or permanent residents through your business.
- Possess a Valid Letter of Support from an Organization (In case of SUV) or Provincial government (In case of a PNP entrepreneur immigration program)
Advantages Of Canadian citizenship
- High Quality of Life
- Strong fastest-growing Economy
- Access to Global Markets
- Diverse and Inclusive Society
- Free Education and Healthcare
- Natural Beauty
- Safety and Security
- Family Sponsorship
- Global Mobility
Disadvantages Of Canadian citienship
- High Investment Requirements
- Competitive Selection Process
- Business Risk
- Job Creation Obligations
- Stringent Eligibility Criteria
- Conditional Permanent Residency
- Immigration Processing Times
- Legal and Regulatory Compliance
- Limited Program Availability
- Changing Immigration Policies
How To Get A Canadian Citizenship?
- Determine Your Eligibility
- Choose the Right Program
- Prepare Documentation
- Invest or Start a Business
- Submit Your Application
- Wait for Processing
- Business Establishment
- Comply with Conditions
- Apply for Permanent Residency
- Reside in Canada (3 years out of 5)
- Apply for Canadian Citizenship (Optional)
Alternatives to Buying Canadian Citizenship
Your unique situation, including your prior business experience, financial resources, and long-term objectives, will determine the right Canadian business visa program for you. The following are some Main Canada investor visa programs:
Business Visitor Visa
This Business Visitor Visa is designed for people who want to travel to Canada temporarily for business-related reasons, such as to explore opportunities to start or expand their business there, invest in a business, strengthen business ties, offer or receive training or engage in international business activities without directly entering the Canadian labour market.
They don’t need a work permit to come to Canada. Business visitors must prove that their primary source of income and principal business place is outside Canada. Business visitors and businesspeople are not the same. Businesspeople come to do work in Canada under a free trade agreement.
C11 Work Permit Canada (Entrepreneur Visa)
The C11 work permit Entrepreneur Stream is perfect for foreign entrepreneurs who want to invest in an existing Canadian business or start a new one. First, the entrepreneur would receive a temporary work permit to operate their business in Canada. Then, after one year of operating the business in Canada, you will become eligible for permanent residency.
Intra Company Transfer Canada (ICT Work Permit – C12 Work permit)
The Intra Company Transfer Canada is ideal for foreign companies with a Canadian office or a subsidiary or looking to expand their operations in Canada. This business immigration program allows you to transfer employees from your foreign office to your Canadian office. These employees would be issued a temporary work permit. Depending on the employment role, the foreign national may be eligible to receive 50 or 200 additional points for an arranged employment (job offer) from their own business in Canada. After one year of full-time employment for the Canadian company, the foreign national may become eligible to immigrate through Express Entry program.
Start-Up Visa Canada (SUV)
Under Canada StartUp Visa program, up to 5 founding partners (A minimum of 10% of ownership for each partner is required) of an innovative foreign company could be eligible for an open work permit for up to 3 years. Additionally, the applicants can also become eligible for permanent residency in Canada. The SUV program requires a Letter of Support or investment commitment from one of the Designated Organizations in Canada.
Provincial Investor Immigration Programs (PNP)
Many provinces and territories in Canada have business entrepreneur immigration programs that may require different investment amounts. These programs are often tailored to attract entrepreneurs and investors to specific regions to boost their economy.
The Government of Canada sends out a certain number of invitations chosen from the pool of PNP applicants each year. Successful applicants may eventually be eligible for Canadian citizenship after receiving their permanent residence.
Canada business visa processing time
The processing time must be standard for only some investor visas. It can vary depending on several factors, including the program you have chosen, the country you are applying from, the volume of visa applications, securing a commitment certificate (SUV) and a letter of support (PNP) and the specific procedures of the Canadian embassy handling your application. Generally, processing times can range from a few weeks to several years, depending on the investor visa program.
Criteria | Startup visa Canada (PR) | ||||
Timeframes for Relocation (Work permit) | Usually 3-6 months (Visitor Visa) | Usually 3-6 months | Usually 3-6 months | Usually 3-6 months (After obtaining a letter of support) | Usually 3-6 months (After obtaining a letter of support) |
Timeframe for Permanent Residence (PR) | Depends on which PR programs you are applying for | Using Express Entry pathway after 1 year: 8 months -1 year (2+ years in total) | Using Express Entry pathway after 1 year: 8 months -1 year (2+ years in total) | 2- 4 years | Current processing time: 3+ years |
Conclusion
The Canada Investor Visa provides foreign entrepreneurs with a valuable opportunity to buy or establish businesses in Canada while working towards permanent residency and contributing to the country’s economic growth and innovation ecosystem. Meeting eligibility requirements and successfully navigating the application process are essential steps for entrepreneurs to take advantage of these programs.
How Can Arnika Visa Help With Citizenship Application?
Would you like to apply for a Canada Cotizenship by Investment? In that case, Arnika Visa Immigration Legal Services is a reliable center that will guide and support you throughout the immigration process to Canada, including getting a work permit and permanent residency.
Our recommendations, advice, and help will support your visa application procedure. Our RCIC and his trained expert team are skilled at helping customers with visa applications. We will carefully review, draft, and complete Your visa application paperwork. We provide you with the following:
- Detailed advice on improving your chances of getting a Canada visa.
- Ensure you provide the IRCC visa officer with financial information to reassure them that you have the resources necessary to go to Canada, including that of your designated organization.
- We will review your travel history and supporting documentation to decide how to present your visa application and what to emphasize when you submit it.
If you follow our guidelines, you will have a greater chance of getting your visa approved than if you applied for it independently. The first step in learning how the RCIC can assist you is to fill out the online self-assessment form, which asks for details about your career, education, and personal history.
Investor Visa Canada Related Articles
- Canada Investor Visa – Guide On All Business Immigration Programs
- Entrepreneur Immigration Canada – The Complete Guide To Apply
- British Columbia Entrepreneur Immigration (BC PNP)
- Canada Citizenship by Investment – How To Get
- How to Buy Canadian Citizenship?
- Alberta Start Up Visa Program For Foreign Entrepreneurs
- Canada Self Employed Visa – The Ultimate Guide
- Immigrate To Canada After 40 – Your Complete Guide
- Business Visitor Visa Canada – The Ultimate Guide To Apply
If money isn’t a problem, what is the best and most assured way to obtain PR and citizenship in Canada? Canada StartUp visa or other Canada investor program? Thank you kindly!
Hi, one of the best and most reliable pathways to immigrate to Canada for permanent residency is the Alberta Startup Visa (if you have graduated in the last ten years) and, otherwise, I recommend the Entrepreneur Immigration Canada PNP (Canada’s provincial business immigration program), Reza Eslami.
Hi, I recently discovered that a long-time Canadian friend in Ontario, Toronto, is leaving his job to start a new business I own and run in my home country. He asked if I’d be interested in helping him get things up and running as a 50/50 partner. Hi is looking at a $100,000 to $150,000 investment and a full-time job. Is there any opportunity for me to immigrate to Canada and get PR and citizenship? is it better to buy a franchise in Canada or start a business in Canada? The Entrepreneur Immigration Stream could be better for this scenario, but I would like your feedback. Thank you!
Exploring a business visitor visa is a wise approach for initial exploration. Collaborate with your friend, assess the business landscape, and consult immigration professionals to understand your options for permanent residency and citizenship in Canada. This strategic planning will enhance your chances for a successful and fulfilling immigration journey. Best wishes!
Hi, I’m a 51-year-old Pakistani citizen who has been doing business for over 22 years. I am currently running businesses in South Africa and France. I’m interested in establishing a business in Canada for a Canada start-up visa or PNP business immigration. How can you help me? Thanks
As an RCIC (Regulated Canadian Immigration Consultant, R710241), we can provide legal assistance for your Canadian business aspirations. We will evaluate your eligibility for the Canadian business Immigration stream, guide you through the application process, and ensure compliance with immigration laws. Our expertise includes evaluating your business experience and creating a tailored strategy to enhance your chances of success in establishing a business in Canada. Please contact us to discuss your specific situation and create a customized plan to achieve your goals.
I have imported used automobiles, tires, and parts from Japan and sold them in Southern Africa and the UAE for 30 years. I’m interested in opening a dealership in Canada. Does it qualify for a PR application? How can you help me with it? Thanks
Your extensive experience in the automotive industry can be valuable for a PR visa application. We can provide comprehensive support, from preparing the necessary documentation to navigating the application process, ensuring all required documents are prepared, and highlighting the significant economic benefits your business could bring to Canada. Let’s schedule a consultation to discuss your plans and develop a strategy for a successful business visa application.
We are looking forward to assisting you!
I have my company in my home country and am looking to relocate to Canada as an entrepreneur; I have found that I am eligible for three Canadian immigration programs: a C11 work permit, an ICT work permit, and a Startup visa. Please compare the processing time for me with the positive and negative sides of each and tell me which is the best regarding the timeline to settle in Canada quickly.
The processing time for Canadian immigration business programs can vary based on individual circumstances and workload at immigration offices. However, generally speaking:
C11 Work Permit:
This is a standard work permit. Processing times are typically quicker, but it does not lead to permanent residency on its own. If your goal is a long-term settlement, this might not be the most direct route.
ICT Work Permit (Intra-Company Transfer): If you’re moving within your company, this could be faster than other options. However, it may not be suitable if you’re looking for permanent residency as it is a temporary permit.
Startup Visa:
While the processing time for a startup visa may be longer than the work permits, it offers a direct path to permanent residency. If settling in Canada permanently is your primary goal, the Startup Visa program provides a clear pathway for entrepreneurs.
Recommendation:
If your priority is a quick settlement with the possibility of long-term residency, the C11 or ICT work permits might be faster. However, if you are looking for a more stable and permanent solution, the Startup Visa is likely the better choice, providing a clear pathway to permanent residency in Canada.
I got an email from Immigration Canada concerning my investor visa application that I gave out misinformation about a compensated representative that I did not indicate in my application. I cannot travel to Canada with my current Canada startup visa work permit, which was revoked. Please advise me on what I can do.
Seek clarification from IRCC (Immigration Canada) on the reasons for revocation. Collect all relevant documents. Consider legal representation for guidance. Addressing this promptly and accurately is crucial.
I am the franchise owner and operation manager of one of the technical weekly newspapers in India. In addition to that, I have been active in two registered companies and institutions in my professional field for the past thirty years. As a professional novelist, authoring numerous books and publishing them by multiple private and public and private publishers for at least the past decade, I have made a living only through my writing income. In addition to my writing job, I have created a website where I posted first-hand historical documents. That site is also profitable, and I aim to make it bilingual soon. I am considering establishing a similar company in Canada according. Please guide me on the best way of business entrepreneur immigration to Canada with my conditions. Thanks
Consider applying for a British Columbia or another province entrepreneur immigration stream. Your extensive experience as a franchise owner, author, and website creator aligns well with the requirements. Develop a comprehensive business plan for your proposed company. Consult with a Canadian immigration lawyer or consultant for personalized guidance on the application process.
My application for PNP business ownership of PEI was rejected, and I want to take the case to federal court to appeal this refusal. I want to send something other than a reconsideration letter for my application. I appreciate your guidance. Thanks
You’re considering a federal court appeal for rejecting your PNP business ownership application for PEI. It’s crucial to understand the legal grounds and implications. Seek legal counsel specialized in Canadian immigration law for a comprehensive assessment and guidance through the appeals process.
I live in Newmarket, ON. I am a Canadian resident. I found your firm on the web and went through some of the helpful information you provided on your website. On behalf of my brother, I am writing to request an evaluation of the rejected business visitor visa. I have applied two times for a visa for him, and it has been denied. The first one was a weak application, although, with a similar application, my friend’s visas were granted. However, the second application was solid and supported with relevant documents. I highly appreciate your help in evaluating the applications and your valuable comments.
As an RCIC based in Canada, we can assist in evaluating your brother’s rejected business visitor visa applications. We will provide insights and devise strategies to enhance future applications. In solid application cases, we suggest appealing to the Canadian federal court. Keep in touch with us.
I am interested in applying for a business conference invitation and Canada TRV. I am presently staying in Oman as a business owner and looking for consultation.
As an RCIC, we out be delighted to assist with your business conference invitation and Canada TRV. Please fill the assessment form to connect us.