Is it possible to Canada PR from India by investing in a province? Yes!
Many Canadian provinces offer streams for aspiring entrepreneurs, business owners, and investors to apply for permanent residence and contribute to the local economy. In exchange, they are presented with many benefits like access to a new market and a high quality of life, including a ticket to permanent residence with family.
Provincial Entrepreneur Programs are the best way for investors, entrepreneurs, or self-employed persons to immigrate to Canada from India. No matter if you have a low IELTS score or educational qualifications, you must have the financial capacity to make a good investment.
Whether you wish to expand your home business to Canada, invest in an existing business in Canada, or start a new one, here are your best options to gain PR in Canada by investing in a province:
1. Alberta
If you wish to invest in a farming business in Alberta, this is an ideal pathway to choose. But you need to make a minimum of $500,000 investment. In addition, you need a net worth of at least $500,000. Meeting other requirements of the Alberta Farm Stream is required to qualify.
Indian graduates who dream of making Canada their permanent home upon starting a business in Alberta must apply through this stream. You must be able to invest $100,000, gain a minimum Canadian Language Benchmark (CLB) of 5 and meet other program requirements to be eligible.
This stream is ideal for those who have graduated from a post-secondary institution in Alberta and want to establish a business with at least 34% ownership. To qualify, you need to achieve at least CLB level 7 and also fulfil other requirements of the program.
Entrepreneurs in India with a desire to give back to rural communities in Canada can apply for the Alberta Rural Entrepreneurs Stream. To apply, you must have a minimum investment of $200,000 along with a net worth of at least $300,000. Meeting language scores of CLB level 4 and program requirements is necessary to qualify for the program.
2. British Columbia
If you wish to start a new business or invest in an existing one in British Columbia, you are required to invest a minimum of $200,000. Your net worth must be at least $600,000. In addition, you need a CLB Level of 4 in the language exam and also qualify for other program requirements.
Settle in Canada permanently by investing at least $100,000 in British Columbia’s regional community. To invest, you need a net worth of at least $300,000. Those who wish to invest a minimum of $200,000, must have a net worth of at least $600,000.
If foreign-controlled companies wish to start a venture in BC, BC Entrepreneur Immigration - Strategic Projects is the ideal stream. However, note that you'll need to be able to invest a minimum of $500,000 and at least 3 new job opportunities for Canadian citizens or permanent residents in order to be eligible for consideration.
3. Saskatchewan
Aspiring entrepreneurs in India can start a business in Saskatchewan by investing $300,000. They should also have a net worth of at least $500,000. To apply for Canada PR from India under the Saskatchewan Entrepreneur Stream, you must meet the program requirements.
Next on the list, we have a stream for graduates in India who dream of permanently moving to Saskatchewan and starting a new business. You can do that with at least 33% of ownership. But to be eligible, you need to achieve a minimum CLB level of 7 and fulfil the eligibility criteria of the program.
4. Manitoba
Invest a minimum of $250,000 and have a net worth of $500,000 minimum to be able to start a business in Manitoba. Along with this, score CLB level 7 in one of the language tests for Canada PR and meet program requirements.
Individuals in India who have at least $300,000 to invest in Manitoba’s farming business can consider applying for the Manitoba Farm Investor Pathway and get permanent residence. You also need a net worth of at least $500,000. Meeting program requirements is crucial to apply.
5. New Brunswick
To start a new business or invest in a new one in New Brunswick, apply the New Brunswick Entrepreneurial Stream, under the New Brunswick PNP. For that, you need to make an investment of at least $250,000 and have a net worth of at least $600,000. One of the requirements is to have a minimum CLB level of 5 and meet other program requirements.
If you have completed graduation from a New Brunswick post-secondary institution, apply for the New Brunswick Post-Graduate Entrepreneurial Stream. Under this, you can start a business in the province with 100% ownership of your business. Achieve minimum CLB level 7 in language test and fulfil eligibility criteria of the program to apply.
6. Nova Scotia
You can become a permanent resident in Nova Scotia by investing at least $150,000. In addition to that, you must also have a minimum net worth of $600,000, a minimum CLB level 5 and meet other program requirements.
7. Prince Edward Island
If you’re planning to immigrate to Prince Edward Island on a work permit and operate a business, you need a net worth of at least $600,000 and fulfil the program requirements, including a CLB level of 4.
8. Ontario
Ontario, one of the best places to settle in Canada, invites candidates who want to establish a new business or invest in an existing business in the province. To get a Canada PR visa from India, you need a minimum of $600,000 and a net worth of at least $800,000. Also, meet other program requirements.
9. North West Territories
Indians interested in starting a new venture in Canada’s North West Territories can invest $300,000 minimum and have a net worth of $500,000 minimum. Along with this, you need CLB level 4 in language test and fulfil other requirements as stated by the province.
10. Yukon
Last but not least we have the Yukon Business Nominee Program, ideal for Indians who wish to start their own business or invest in an existing business in Yukon. To get PR by investment in Yukon, you need a minimum investment of $300,000 and a net worth of at least $500,000. Also, meeting CLB level 4 and other program requirements.
If you are interested in gaining PR in Canada in 2024 through investing, purchasing, or establishing a business, these PNP streams are your best bet. But the process can be quite complex and therefore, you must connect with the best immigration consultants in Delhi at Nationwide Visas for professional guidance.
For instant consultation, call us@ +91 92 92 92 92 81 or email us at info@nationwidevisas.com
Good Luck!
Read More: Canada Plans to Invite 17,000 Entrepreneurs by 2026
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