Business Immigrants invariably ask this question, assuming that there is a minimum investment to qualify for Canada Immigration. In many cases, however, there are no specified minimums.
Free Trade Agreements like NAFTA, for example, are meant to facilitate Trade and Investment between the member countries. In the Immigration Canada guidelines, they acknowledge that there is no minimum Investment required for a NAFTA Investor Work Permit, though it must be “substantial”. Generally, the business must:
- Be operating, and generating revenues;
- Have employees (we target at least 5);
- Have a physical office;
- Be financially sound; and
- Need to have a Manager/Operator to direct or manage the business.
“It is far better to buy a Wonderful Company at a Fair price, than a Fair company at a Wonderful Price.” – Warren Buffet
While each business is different, and must be analyzed on its own merits, we have found that in general, the more that you invest, the more value that you can purchase. In all cases, you must do proper due diligence and investigation.
- Under $250,000: You are buying a means to facilitate your Visa, but not much else
- $250,000 – $500,000: You are buying a Job
- $500,000 – $1 Million: You are earning a living
- Over $1 Million: You are making an Investment