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Under the business category, there exist 3 different classes of immigrants:
- Investors;
- Entrepreneurs;
- Self-employed persons.
Each of these classes has their own unique evaluation criteria.
- Investors (Canada):
- In order to qualify under the Investor program, potential applicants must demonstrate:
- A minimum of 2 years experience (within the last 5 years) in running a business OR in a management position where you have managed at least 5 full-time employees;
- A net worth of at least $800,000 CAD that was legally obtained;
- Willingness to make an investment of $400,000 CAD (financing may be available).
- Entrepreneurs (Canada):
- In order to qualify under the Entrepreneur program, potential applicants must demonstrate:
- Have a minimum of 2 years of business experience;
- Have a net worth of at least $300,000 CAD that was obtained legally;
- Fulfill 3 conditions for at least 1 year within the 3 years after the day on which the applicant becomes a permanent resident:
- Make a commitment to control (at least 33 1/3 %) of a qualifying Canadian business;
- Provide active and on-going management of the qualifying Canadian business;
- Must create at least 1 full-time job equivalent in the qualifying Canadian business for Canadian citizens or permanent residents (other than the entrepreneur or his family members).
- Self-Employed (Canada)
- In order to qualify under the Self-Employed program, potential applicants must demonstrate:
- Within the last 5 years, have at least 2 years of relevant experience:
- Self-employment in cultural activities or athletics;
- Participation at a world-class level in cultural activities or athletics;
- Farm management experience;
- Intention and ability to create their own business which would contribute to Canadian culture and athletics; OR intention and ability to purchase and manage a farm in Canada;
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