British Columbia Investment Immigration Program
by XIPHIAS IMMIGRATION migration executiveThis program has been designed to help
immigrants willing to operate a business in British Columbia relocate to the
province. British
Columbia Investor Program is part of BCPNP. This program is for all
those who intend to start a business in BC or are willing to invest in a
running business in British Columbia. Such an investor should have enough
business experience and should have the right knowledge. The investment should
ensure that there is –
i.
Enough stimulation for economic
growth
ii.
Creation of jobs for locals
living in the province
The applicant should –
i.
Intend to live in British
Columbia
ii.
Own at least 33.33% of the
shares in the business
iii.
Participate in the everyday
activity of the business
The applicant should prove their economic
viability for this program. That is, the investor should be ready to invest a
minimum of CAD $200,000. The applicant should present a business plan showing
the future road map of the business along with the growth plan.
The only other way to relocate to British
Columbia is to participate in the skilled immigration through British
Columbia Provincial Nominee Program.
The applicant will need to submit their
online registration after they have thoroughly evaluated their stand point. The
investor should receive an Invitation to apply after the pre-application has
been cleared. Once the investor has received their ITA, they need to submit
their application in 4 months’ time along with the required documents and the
business plan.
There will be a thorough assessment
conducted for the program followed by in-person interview of the applicant.
The investor should have made the mandatory
visit to the province to research about the business and the location of the
business.
The investor will have to sign a Business
Performance agreement with the government of British Columbia post which the
applicant will receive a certificate of confirmation from British Columbia for
the Entrepreneur program. With this certificate, the applicant can obtain work
permit with the IRCC. This work permit will be provided for a period of 18
months, during which time, the applicant should set up their business and get
it running.
The immigrant will then produce a report of
the progress. Once the Canada immigrations are satisfied with the report, they
will issue another ITA for the investor to apply for Canada
Permanent Residency.
To succeed in any business, it is important
to have the right network. Investment immigrations, especially requires lot of
deliberation. Investors should approach the right immigration firms to help
them with their investment program. Investors should choose to partner with an
immigration firm which has the experience of helping numerous investors invest
in other countries possible. There are very few immigration firms who possibly
are certified and have the right contacts to help migrants with their work. The
certified
investment immigration firm will have the knowledge and know-how of how
things work. They provide the right contacts to help immigrants to help them
choose their investment.
The other qualification that the investors
should identify if they are particular about relocating to Canada, is the point
that the immigration firm is registered immigration agent for Canada.
British Columbia is one of the most favored
provinces to relocate to. It simply takes a little effort to identify the right
immigration firm to work with them and proceed as required.
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Created on Dec 9th 2020 05:08. Viewed 371 times.
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