C.N.Immigration is a registered Israeli company specializing in providing immigration consulting services. We are the largest and most progressive immigration consulting firm in Israel. We have been in practice since 1995 and have assisted hundreds of individuals who have sought to immigrate to Canada to actually have their dreams fulfilled.
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Saturday, 19 May 2012
 
 

C. N. Immigration Agency
Consulting Center for Immigration to Canada from Israel

3 Nirim Street, Tel-Aviv, Israel
Canadian Embassy Building
1st floor on elevator

Tel. : 03-6361761
        03-6361763
Fax: 03-6361762



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Entrepreneur

As a qualified Entrepreneur, you and your immediate family can obtain Canadian Permanent Resident Visas under the Federal Program (applicants intending to reside anywhere in Canada, except Quebec) or the Quebec Program (applicants intending to reside in the province of Quebec). Both programs require you to establish or acquire a percentage of equity (at least 33.33%) in a qualifying Canadian business that you must actively manage. Your business must create at least one new job for a Canadian citizen or permanent resident.

The table below summarizes the eligibility requirements of both the Federal and Quebec programs.

Requirements Federal Program
Intended destination Anywhere in Canada, except Quebec
Minimum net worth CAD$300,000, legally obtained
Business Experience Management and ownership of a qualifying business, as defined under the Regulations,
Miscellaneous Medical examination and security background check
Quebec Program
Intended destination Province of Quebec
Minimum net worth CAD$300,000, legally obtained
Business Experience Management experience (planning, supervision and control of human, physical and financial resources) acquired in a lawful and profitable, commercial, industrial or agricultural business.
Miscellaneous Medical examination and security background check


The Entrepreneur class confers permanent residence upon applicants who demonstrate an ability to become economically established in Canada on the basis of their business experience and significant personal net worth. Approval is contingent upon the entrepreneur undertaking to invest and become involved in the active management of a qualifying business operated in Canada that will contribute to the economy and create employment.

A successful applicant is one who has a) managed a qualifying business and has controlled a sufficient percentage of equity of the qualifying business for at least two years in the period beginning five years preceding the application; b) possesses a personal net worth of $300,000 and c) undertakes to control a sufficient percentage of the equity of a qualifying Canadian business and provide active and ongoing management of the qualifying Canadian business that will create at least one incremental full-time job for Canadian citizens or permanent residents, other than the entrepreneur and their family members.

Unlike the Investors Class, the Entrepreneur Class applicant is one who intends to become active in the management of a qualifying Canadian business in Canada.


To Qualify a successful Entrepreneur Class applicant is one who has:
1. managed a qualifying business and has controlled a percentage of equity of the qualifying business for at least two years in the period beginning five years preceding the application; and
2. Possesses a personal net worth of C$300,000 legally obtained (assets may comprise of inheritances as well as the assets of a spouse/common-law partner/same-sex partner) and
3. Undertakes to control at least 33% of the equity of a qualifying Canadian business and provide active and ongoing management of the qualifying Canadian business that will create at least one incremental full-time job (37.5 hours per week or more) for Canadian citizens or permanent residents, other than the entrepreneur and their family members. This condition must be fulfilled for a period of one year within the period of three years after the day on which the entrepreneur becomes a permanent resident. This is known in the industry as meeting entrepreneurial terms and conditions.
 

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