Canadian

Business Immigration

DESIGNED FOR FOREIGN ENTREPRENEURS INTERESTED IN STARTING OR BUYING AN EXISTING BUSINESS IN CANADA

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OINP Business Immigration

The Ontario Entrepreneur Stream (OINP Business Immigration) is designed for entrepreneurs who are interested in Starting or Acquiring, and Actively Managing a Business in Canada.

Entrepreneur Will Come to CANADA on a Temporary Work Permit, and be Nominated for Permanent Residence Once Their Business has been ESTABLISHED in Ontario.



1) Net Worth

  • Minimum net worth of $800,000 if your proposed business will be in the Greater Toronto Area (GTA).
  • Outside the GTA, minimum net worth is $400,000.
  • Proposed business in either ICT or digital communications, minimum net worth is $400,000 anywhere in province.

    • 2) Investment and Ownership

  • Invest at least $600,000 in an Ontario business and own at least 33 per cent if business is in GTA
  • Outside GTA, invest at least $200,000 and own at least 33 per cent.
  • Proposed business in either ICT or digital communications, invest at least $200,000 and own at least 33 per cent anywhere in province.

    • 3) Non-Financial Requirements

  • 24 months of business experience in the past 60 months, as an owner or manager.
  • Create two full-time jobs for permanent residents inside the GTA.
  • Create one or two full time jobs, outside or inside GTA respectively.
  • CLB 4 in English or French.

    • How It Works

    Stage 1

  • Register an expression of interest.
  • If invited by IRCC, submit an online application.
  • If your stage 1 application is successful, you must sign a performance agreement.

    • Stage 2

  • The Canadian Government issues a temporary work permit support letter so that you can apply to IRCC for a temporary work permit.
  • You have 20 months to implement your business plan and submit a final report.
  • If your business meets all requirements, you are eligible for nomination for permanent residence.

    • Apply For PR

  • If your report is approved, you will be nominated for permanent residence by the Ontario government.
  • The holder of a nomination certificate may apply for Canadian permanent residence to the federal government.

    • All Participating Provinces and Territories

    S. No. Province Net Worth (Min.) Investment (Min).
    1 Alberta $300,000 $200,000
    2 British Columbia $600,000 $200,000
    3 Manitoba $500,000 $150,000
    4 New Brunswick $500,000 $150,000
    5 Newfoundland and Labrador $600,000 $200,000
    6 Northwest Territories $250,000 $150,000
    7 Nova Scotia $600,000 $150,000
    8 Ontario $600,000 $200,000
    9 Prince Edward Island $600,000 $150,000
    10 Saskatchewan $500,000 $300,000
    11 Yukon Territory $500,000 $300,000

    Why Start a Business in Canada

    Starting a Business in CANADA is not as complex as most International Businessmen think. Canada ranks amongst the top five countries for startups. There has been a tremendous increase in the interest worldwide in establishing a business in Canada.


    One of the most attractive features of Canadian business immigration is the diversity of the provinces and the difference in the financial requirements needed to establish your business and the fact that family members can accompany you to Canada.


    Each Province has its minimum financial requirements for investment, and this can range from as low as $150,000 CAD to $600,000 CAD. This gives you the choice as to where you want to establish your business and the type of business you wish to establish. You might have ties to a certain province that you may feel comfortable setting up and raising your family.


    There are several reasons why it is beneficial to invest in Canada:

    According to the World Bank, Canada had a GDP of US$1.6 trillion in 2020, making it the 10th largest economy in the world. The country also has a low inflation rate, averaging 1.7% from 2016 to 2020 (Source: Trading Economics).

    Canada ranks 9th in the World Justice Project's Rule of Law Index for 2020, which measures how well countries adhere to the rule of law. Canada also ranks 4th in the world for the protection of property rights, according to the Heritage Foundation's 2021 Index of Economic Freedom.

    According to Statistics Canada, over 55% of Canadians aged 25 to 64 have a post-secondary education, making Canada's workforce one of the most educated in the world.

    Canada's federal corporate tax rate is 15%, which is lower than the United States' federal corporate tax rate of 21%. Additionally, the country offers various tax incentives to businesses.

    Canada gives investors preferential market access through 14 trade agreements to 49 countries with nearly 1.5 billion consumers and a combined GDP of US$60 trillion. (Source: Global Affairs Canada).

    3rd highest FDI investment in Canada as compared to all the other G7 countries.

    Canada is ranked as the most attractive country for entrepreneurship.

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    Ready to start your business in Canada?

    Kindly fill out the business assessment form

    Business Assessment FOrm