Secure a minimum 18-month work permit without the need for an IELTS score.

Summary:

• Receive an 18-20 month work permit before being eligible for Permanent Residency nomination.

• Option to purchase an existing business or start a new one.

• An exploratory trip is not mandatory but can boost your selection points.

• An interview is required.

• Co-applicants and key staff applicants are allowed.

Minimum Eligibility Criteria:

• Combined net worth of at least CAD $600,000 for the applicant and spouse.

• Minimum investment of CAD $200,000 (typically $400,000-$600,000 for competitive selection).

• At least 33% ownership of a new or existing Canadian business.

• Hire at least one Canadian employee (more hiring may be required to gain additional points).

Advantages:

• No IELTS/TEF language test required.

• No age or education requirements.

• Higher investments or hiring more employees can increase selection points.

• Must operate and manage the business in Canada with at least 80% physical presence.

• All assets in the home country must be verified by a third-party audit firm.