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How to Apply for Specialized Consultation and Investor Visa In Karachi, Pakistan
Are you a business owner from Pakistan who wants to immigrate to Canada? If so, you are not alone. Canada is a dream destination for many entrepreneurs, business owners, and investors who seek a stable economy, high quality of life, multicultural society, and welcoming attitude from a prosperous and diverse country, Canada, to grow their businesses.
But moving to Canada with your business is not a piece of cake! You need to meet the high standards and the expectations of the Canadian market and society. You need to be smart and always ready for the challenges and the opportunities that await you in Canada.
That’s why we have created this handbook for you, to provide you with an ultimate guide on how to move to Canada with your business and the help of the best Canada immigration consultants.
In this blog, we will answer these questions and more. We will provide you with a comprehensive overview of the Canadian investor visa, which includes the Start-Up Visa Program and other provincial programs that offer pathways to permanent residence. We will also guide you through the application process, the eligibility criteria, and the alternatives.
We will also explain why you need a specialized Canada immigration advisory services in Karachi, Pakistan to help you with your business immigration journey, and what’s next for business immigration in Canada.
Let’s get started
What Makes Canada an Attractive and Rewarding Place for Business Immigrants
Canada welcomes business immigrants from Pakistan with open arms.
Here are top 3 reasons why Canada is the best choice for you and your business:
- Economy: Canada has a robust and diverse economy, with a huge and wealthy market, a talented and educated workforce, a low tax rate, and a friendly business climate. It is one of the easiest countries to do business in, and one of the best to start, grow, and finance your business with a strong record in research, patents, and publications.
- Culture: Canada is a land of diversity and inclusion, more than 200 ethnic groups and two official languages, English and French, enrich its culture and identity. It also recognizes and celebrates its indigenous peoples and is a proud member of the global community, and a champion of peace, democracy, and human rights.
- Lifestyle: Canada ranks among the top 10 livable countries for health care, education, safety, and happiness. It is the world’s second-largest country, with 10 provinces and 3 territories, each with its own unique features and attractions. Canada has over 40 national parks and reserves and boasts the longest coastline and the largest freshwater system in the world.
Why Settle and Thrive in Canada
- Settling and thriving in Canada as a business immigrant is not only a matter of obtaining a visa and moving to the country, but also a matter of adapting to a new culture, learning a new language, finding a suitable place to live and work, and building a network of contacts and customers.
Fortunately, Canada offers many opportunities for business immigrants to help them achieve their goals and dreams.
- Market: Canada has a large and prosperous market, with 38 million consumers and a GDP of 1.7 trillion US dollars with free trade agreements with many countries, including the US, Mexico, the EU, China, Japan, and India, which give access to more markets and customers.
- Workforce: Canada’s workforce is skilled, educated, diverse, and fair, with high standards for wages, hours, maternity and parental leave, health and safety standards, and human rights protection. With all that, Canada welcomes immigrants from all over the world, who bring their skills, knowledge, and experience to the country.
Innovation: Canada’s innovation ecosystem is supportive and collaborative, involving various stakeholders and sectors. It values and promotes innovation and excellence and has created and hosted many global innovations and events such as the BlackBerry, the Canadarm, the Cirque du Soleil, the TEDx, and more.
How to Choose the Best Province for Your Business in Canada: A Comparison of the Economic And Social Factors
Choosing the best province for your business is an important and strategic decision that can have a significant impact on your success and satisfaction as a business immigrant in Canada. Each province has its own advantages and disadvantages, depending on the economic, social, and cultural factors that affect the business environment and the quality of life.
Therefore, Immigration Ways does all the essential research and analysis of the different provinces and compares them based on your personal and professional goals, preferences, and needs for you before your business immigration to Canada.
Here are some of the factors that you should consider when choosing a province for your business in Canada.
Economic Factors
- Economic Size and Wealth: How Big and Rich Are the Canadian Provinces?
The GDP per capita shows how big and rich each province’s economy is, and how much market and demand there is for your business. Bigger and richer provinces have more opportunities and customers, but also more competition and cost.
In 2020, the biggest and richest provinces were Ontario, Quebec, Alberta, and British Columbia, while the smallest and poorest provinces were Prince Edward Island, Newfoundland and Labrador, New Brunswick, and Nova Scotia.
- Workforce Availability and Quality: How Skilled and Productive Are the Canadian Workers?
The unemployment and participation rates indicate the provincial workforce’s availability and quality, and the labor supply and demand. More skilled and productive workers, and better hiring and retention, come with lower unemployment and higher participation.
But they also come with scarcer and costlier labor, and more labor shortages and wage pressures.
In 2020, Manitoba, Saskatchewan, Quebec, and British Columbia had the best workforce indicators, while Newfoundland and Labrador, Alberta, Nova Scotia, and Prince Edward Island had the worst.
- Price Stability and Canadian Borrowing/ Loan Cost
The inflation and interest rates indicate the provincial price and borrowing stability and cheapness, and the business profit and affordability. More stable and predictable prices, and more savings and investments, come with lower inflation and interest. But they also come with slower and weaker economies, and lower demand and growth.
In 2020, the lowest inflation and interest were in Alberta, Saskatchewan, Manitoba, and New Brunswick, while the highest inflation and interest were in Prince Edward Island, Newfoundland and Labrador, Nova Scotia, and Ontario.
Social Factors
- Population Dynamism of Canadian Markets and Societies
More opportunities and connections come with bigger and faster-growing provinces, but also more crowding and competition.
In 2020, Ontario, Quebec, British Columbia, and Alberta were the biggest and fastest-growing, while Prince Edward Island, Newfoundland and Labrador, New Brunswick, and Nova Scotia were the smallest and slowest-growing.
- Immigration and Inclusiveness of Canadian Societies and Cultures
More welcoming and tolerant societies and cultures, and more skilled and diverse employees and customers come with higher immigration and diversity, but also more complexity and challenge, and more language and cultural barriers and conflicts.
In 2020, Ontario, Quebec, British Columbia, and Alberta had the highest immigration and diversity, while Newfoundland and Labrador, New Brunswick, Prince Edward Island, and Saskatchewan had the lowest immigration and diversity.
- Health and Education of Canadian Populations and Societies
Healthier and educated populations and societies, and higher standard of living and skilled and productive workforce come with higher health and education, but also more expense and demand, and more taxes and fees and expectations and standards.
In 2020, British Columbia, Ontario, Quebec, and Alberta had the highest health and education, while Newfoundland and Labrador, Prince Edward Island, New Brunswick, and Manitoba had the lowest health and education.
Canadian Investor Visa: A Golden Ticket for Karachi Business Owners and Investors
The Investor Visa is a Canadian special program for rich and successful businessmen from Pakistan who want to move to Canada with their business. It lets you and your family become permanent residents of Canada by investing a lot of money in the Canadian economy.
How to Get the Investor Visa: Benefits and Requirements
The Canadian Investor Visa has some hard and specific requirements that you need to meet to get it. It is a limited and competitive program, as it only takes a few applications every year, and it expects a lot from the applicants all of which only a professionally competent and the best Canada immigration consultant in Karachi can explain to the applicant.
The benefits and requirements of the Investor Visa are:
The Benefit Of The Investor Visa
- A Quick And Easy Immigration Process It does not need you to have any special skills, education, or experience, as long as you have a history of successful business management and ownership and it takes about only a year or so to get the visa.
- A Flexible And Generous Investment Option: Invest in any part of Canada and any type of business, as long as it helps the Canadian economy and creates jobs. You can choose to invest at least 6-digit Canadian dollars either in a government fund for five years, or in a new or existing Canadian business.
- A Secure And Profitable Investment Return: Get your money back after five years, with no interest or fees, if you invest in the government fund. You can also make a lot of money if you invest in a successful Canadian business.
- A Permanent And Unconditional Residency Status: You and your spouse or partner, and your children under 22 can live, work, study, and travel anywhere in Canada, also get the same benefits and services as Canadian citizens, such as health care, education, social security, and more.
- A Pathway And Eligibility To Canadian Citizenship: You and your family can become Canadian citizens after living in Canada for at least three years While keeping your Pakistani citizenship and passport, as Canada allows dual citizenship.
The Requirement Of The Investor Visa
- Great Net Income: To have a net worth of at least 6-digits figure in Canadian dollars, earned legally from your business or personal activities.
- Hands-on Experience in Business: To have at least two years of business experience in the last five years, as a senior manager or owner of a business that has at least two full-time employees, and that makes enough money.
- Law Abiding Attitude: Investor Visa needs you to pass a medical exam and a security check, and to follow the Canadian laws and rules.
Investor Visa Application: How to Get the Visa in Five Steps
- Step 1: Fill out an online form, which will check your money, business, and investment, and see if you can get the visa.
- Step 2: Send a request with your information and investment choice. You will get a score and join a list of candidates.
- Step 3: Get an invitation to apply from the IRCC or the province. You will have 60 days to send your application with your documents.
- Step 4: Get a decision on your application by email or mail. You will get confirmation of permanent residence if your application is approved.
- Step 5: Come to Canada and show your confirmation and passport. You will become a permanent resident and are allowed to invest your money in 30 days if you choose a Canadian business.
The Start-Up Visa Program: A Fast and Flexible Way to Immigrate to Canada as a Pakistani Business Owner
Are you a Pakistani investor or business owner with brilliant business ideas that can create jobs and compete globally? Do you want to launch and operate your start-up in Canada, one of the most innovative and diverse countries in the world?
If yes, then the Start-Up Visa Program is for you!
Why the Start-Up Visa Program is a Win-Win for You and Canada
FOR YOU!
You get to start or grow your business in Canada, one of the most innovative and entrepreneurial countries in the world. You also get to enjoy the perks of being a permanent resident, such as access to health care, education, social services, and citizenship.
FOR CANADA!
You bring your skills, ideas, and capital to Canada, creating jobs, wealth, and innovation for the Canadian economy. You also enrich Canadian culture and society with your unique perspectives and experiences.
You also help Canada achieve its immigration goals and objectives, such as attracting global talent, supporting economic growth, and fostering social inclusion.
The Start-Up Visa Program 101: Who Can Apply and What Do They Need?
The Start-Up Visa Program is a limited and competitive business immigration to Canada program for entrepreneurs who have the skills, experience, and knowledge to run a successful business, and who have the potential to contribute to the Canadian economy and society.
Eligibility Criteria for The Start-Up Visa Program
Get A Letter of Support From A Designated Organization: Which clearly states that they are willing to support and invest in your start-up. The letter must confirm that they have reviewed your business plan, and that they will provide you with mentorship, guiding expertise in Canadian immigration, and funding.
The letter must also indicate the amount and type of funding, and the terms and conditions of the agreement.
Have A Qualifying Business: You must have some ownership and control of the start-up with at least 10% of the votes in the start-up, and no one else can own more than half of the votes. You also need to be involved and important in the start-up’s management and operation, and you need to plan to keep doing this in Canada.
Have A Sufficient Settlement Fund: You need enough money to live in Canada for six months with your family. The amount of money depends on the size of your family, and it is updated every year by the IRCC. Moreover, you also need to show that your money is legal and usable in Canada.
Have A Minimum Level Of Proficiency In Either English Or French: You need to take a language test from an agency that the IRCC accepts, and score at least Canadian Language Benchmark (CLB) 5 in all four abilities:
- Reading
- Writing
- Listening
- speaking.
You also need to submit your language test results along with your application, and make sure that they are not more than two years old at the time of your application.
Start-Up Visa Program: How to Get the Visa in Four Steps
Step 1: You need a Canadian organization that will invest in and mentor your start-up through the IRCC website by pitching your idea to them and get a letter of support and a funding agreement.
Step 2: Complete an online form with your details and documents, for this you need,
- Letter of support
- Settlement fund proof
- Language test results
- Identity documents
- Exclusive fee for yourself and your family in Canadian dollars.
Step 3: The IRCC will review your application and email or mail you their decision. If they approve it, they will send you confirmation of permanent residence.
Step 4: Move to Canada with your start-up and family and show your PR confirmation and passport at entry. Once you get the PR then you need to start and run your start-up within a year. Report your progress to IRCC and partner.
If you are interested in applying for the Start-Up Visa Program, you should start preparing your application as soon as possible, as the program has a limited number of spots available each year. You should also consult a specialized Canada immigration consultant who can help you with your business immigration journey, as the process can be complex and challenging.
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