Business immigration (Canada)
Statutory definition
Federal business immigration programs include the Start-up Visa Class (IRPR ss 98.01–98.12) and the Self-Employed Persons Class (IRPR ss 100–102). The federal Investor and Entrepreneur classes that existed before 2014 were eliminated and replaced by provincial business immigration streams. Most provincial/territorial business immigration now occurs through PNP business streams.
Explanation
Business immigration at the federal level is now primarily through the Start-up Visa for innovative entrepreneurs and the Self-Employed Persons Class for cultural/athletic figures. Large-scale business and investor immigration occurs primarily through provincial PNP entrepreneur and investor streams, which vary significantly across provinces. Quebec has its own investor program (with minimum net worth requirements). Practitioners advising business immigrants should assess both federal and provincial options.