Business/Investor Class
CAN Pathways is a popular immigration consultancy offering guidance on various pathways to Canadian permanent residency (PR) through investment and entrepreneurship. The firm helps prospective investors navigate the different investor visa programs in Canada, ensuring they meet all the requirements for a successful application. Here’s an overview of the investment options for PR as typically promoted by CAN Pathways:
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1. StartUp Visa Program (SUV)
Required Documents:
1. Letter of Support: From a designated organization (venture capital, angel investor, or business incubator) indicating their commitment to your business.
2. Proof of Ownership: Documentation showing the ownership structure and the percentage owned by each applicant (up to five applicants can apply)
3. Business Plan: A detailed business plan outlining the business model, market potential, and growth strategy.
4. Proof of Funds: Evidence that you have enough money to support yourself and your family after arriving in Canada .
5. Police Certificates: Proof of a clean criminal record from each country you’ve lived in for six months or more since the age of 18.
6. Medical Exams: Medical reports for you and your family members.
7. Passport: Valid passport and any other travel documents.
8. Language Test Results: Proof of language proficiency (see below for details)
Minimum Language Requirements:
You must take an approved language test in English or French.
Canadian Language Benchmark (CLB): Minimum score of CLB 5 in all four areas (speaking, listening, reading, and writing)
Accepted Language Tests:
English: IELTS General or CELPIP General
French: TEF Canada or TCF Canada
2. Provincial Nominee Programs (PNP) - Business and Investor Streams
Required Documents:
1. Exploratory Visit Report (optional but encouraged for some provinces): Proof of your exploratory visit to the province to understand its business climate
2. Business Proposal: A business plan or proposal tailored to the specific province.
3. Proof of Investment: Documents showing the source and amount of funds you plan to invest in the province
4. Proof of Net Worth: Financial documents (bank statements, property valuations, etc) proving your net worth.
5. Proof of Business Ownership/Management Experience: Documentation of your prior business experience, including tax returns, employment letters, or company ownership proof.
6. Employment Creation Plan: A strategy on how you will create jobs for Canadian citizens or permanent residents.
7. Police Certificates: Clean criminal record from countries of residence.
8. Medical Exams: Medical reports for you and your family members.
9. Language Test Results: Required in some provinces (see below for details)
Minimum Language Requirements:
Language requirements differ across provinces Some provinces have no formal language requirements, while others require minimum scores based on the applicant’s profile
British Columbia Entrepreneur Stream: No specific language requirement, but it’s highly encouraged for successful business operation.
Ontario Entrepreneur Stream: CLB 4 in English or French may be required before nomination for PR
Manitoba Business Investor Stream: Minimum CLB 5 in English or French may be required
Accepted Language Tests:
English: IELTS General or CELPIP General
French: TEF Canada or TCF Canada
3. OwnerOperator LMIA Pathway
Required Documents:
1. Business Plan: Detailed business plan showing the viability of the business and its capacity to create jobs for Canadians.
2. Proof of Ownership: Documentation proving your controlling interest in the business (typically over 50% ownership)
3. Positive LMIA: A Labour Market Impact Assessment (LMIA) approval to show that your presence in Canada will have a positive impact on the job market.
4. Job Offer Letter: A job offer letter for the owneroperator role.
5. Proof of Funds: Financial documentation showing that you have sufficient funds to purchase or invest in the business.
6. Police Certificates: Proof of a clean criminal record.
7. Medical Exams: Health exams for you and your family members
8. Language Test Results: Optional but can be beneficial in certain cases
Minimum Language Requirements:
Although not mandatory for obtaining an LMIA as an owneroperator, language proficiency in English or French can support your PR application later through Express Entry or other programs.
CLB 5 or Higher in most cases is required for PR under Express Entry
Accepted Language Tests:
English: IELTS General or CELPIP General
French: TEF Canada or TCF Canada
4. Self-employed Persons Program
Required Documents:
1. Proof of Experience: Documentation showing your participation and achievements in cultural or athletic activities (eg, awards, contracts, portfolio, etc)
2. Proof of Intent: Evidence of your intention to become self-employed in Canada (eg, business plan, contracts)
3. Proof of Financial Stability: Documents proving you have the financial means to support yourself and your family
4. Police Certificates: Clean criminal record
5. Medical Exams: Health exams for you and your family members
6. Language Test Results: Although language tests are not mandatory, it may be required during the PR process
Minimum Language Requirements:
While not mandatory, demonstrating language proficiency can help your application
CLB 5 is a reasonable benchmark for successful integration
Accepted Language Tests:
English: IELTS General or CELPIP General
French: TEF Canada or TCF Canada
5. IntraCompany Transfer (ICT) Pathway
Required Documents:
1. Proof of Employment: Evidence that you have been employed by the foreign company for at least one year in the last three years in a senior or specialized role
2. Job Offer Letter: A job offer letter for the position in the Canadian branch
3. Business Plan: A plan demonstrating how the Canadian company will operate and grow with your presence
4. Police Certificates: Clean criminal record
5. Medical Exams: Health exams for you and your family members
6. Language Test Results: Not mandatory for ICT, but it may be required later for PR under Express Entry
Minimum Language Requirements:
Language requirements for ICT apply mainly when applying for PR through Express Entry afterward Typically, a CLB 7 or higher is preferred for programs like the Federal Skilled Worker Program
General Document Requirements (Across Programs) :
Proof of Identity: Valid passports for the applicant and all accompanying family members
Marriage Certificate (if applicable): Proof of marital status
Children’s Birth Certificates (if applicable): To confirm dependent status for accompanying children
Settlement Funds: Proof that you have enough financial resources to support yourself and your family (bank statements, investment documents)
CAN Pathways' Services:
Consultation and Assessment
The firm offers personalized assessments to identify the most suitable immigration options.
Business Planning
For investor and entrepreneur programs, CAN Pathways assists with business plans, exploratory visits, and securing necessary approvals from Canadian authorities.
Application Support
CAN Pathways helps compile and submit applications, ensuring all criteria are met and documentation is complete.
Post-Landing Services
Assistance with setting up a business, finding accommodation, and other services after arriving in Canada.
By working with CAN Pathways, investors can choose the most appropriate option based on their financial capacity, business goals, and family circumstances. This ensures a smoother transition to Canadian permanent residency.