Canadian vs australian business immigrtion

A Presentation by Visa Guide Mudassar Lone
Please check for the recent updates of the immigration policies as the rules
may change with the passage of time

Immigration
Canada Vs Australia

Immigration to Canada
There are many immigration options for
business people seeking to immigrate to
Canada.

Business people can get Canadian permanent
residence by making an investment in a
government approved fund or buying (or
starting) a business in Canada.

What are the benefits of Immigrating
to Canada?
1. Immigrate with spouse and children;
2. Free medical care for all and free school education for your children;
3. No visitor visa required to visit the USA once you become citizen of
Canada;
4. Sponsor your parents and other family members;
5. Visit your home country as often and when you wish;
6. Apply for Citizenship after three years of your first arrival in
Canada.;
7. Once you are a Canadian citizen, you can expand your business in
the USA under the NAFTA agreement;
8. Under the investor program, there is no need to start a business in
Canada;
9. Very quick processing time;
10. High quality of life and low crime rate.

Types of Canadian Business
Immigration
• Federal Business Immigration
• Quebec Business Immigration
• PNP Business Immigration

Canada Federal Business/Investor
Immigration
• The goal of Canada's Business Immigration Program is to promote economic
development and employment by attracting investors, entrepreneurs and self-
employed individuals from outside Canada with venture capital, business acumen
and entrepreneurial skills.

• Individuals with business/managerial experience (2 Out of 5)and relatively high
net-worth may apply for a Canada Immigration (Permanent Resident) Visa under
the Canada Business Immigration Program in one of the following three sub-
categories:

 Immigrant Investor Program
 Entrepreneur Program
 Self Employed Person Program

Canada Federal Business/Investor
Immigration
• Immigrant Investor Program:
To qualify as an investor, an individual must have a net worth of at least CAD$1.6
million, have managerial experience and be willing to make a government-
secured passive investment of CAD$800,000. Financing of this investment is
available through Canadian financial institutions.

• Entrepreneur Program:
To qualify as an entrepreneur, an individual with a net worth of at least
CAD$300,000 and be willing and able to establish, invest in or acquire a business
in Canada which will create or maintain employment in Canada.

• Self-Employed Persons Program:
To qualify as a self-employed person, an individual must be willing and able to
support him/herself and any dependents with self-employed income as a farmer,
athlete, or artisan.

Quebec Business/Investor
Immigration
• All applicants must show that they are capable of becoming economically
established in Canada and have the intention of settling in the Province of Quebec
following their acceptance.

• Upon provincial approval, candidates will receive a Certificat de sélection du
Québec (CSQ - Québec selection certificate), the official document issued by the
Gouvernement du Québec, and thereafter a Canadian Immigration (Permanent
Resident) Visa, once health and security aspects of the application have been
completed.

• Each of the three business categories (Entrepreneur, Investor and Self Employed)
has their own requirements and selection process.

Quebec Business/Investor
Immigration
• Quebec Investor Program:
To qualify as an investor, an individual must have a net worth of at least CAD$1.6
million, have managerial experience and be willing to make a government-
secured investment of CAD$800,000 for a period of 5 years. Financing of this
investment is available through Canadian financial institutions.

• Quebec Entrepreneur Program:
To qualify as an Entrepreneur, an individual must have a net worth of at least
CAD$300,000, have managerial experience in a business that they either owned
or controlled, and be willing and able to establish or acquire a business in Quebec
which will create at least one incremental job in Quebec.

• Quebec Self-Employed Person Program:
To qualify as a Self-Employed person, an individual must have a net worth of at
least CAD$100,000, and must have work experience in the profession or trade
that they intend to practice in Quebec.

Provincial Nomination Program (PNP)
- Business Immigration

• Certain Canadian provinces have their own Business Immigration programs within
their Provincial Nomination Programs (PNP).

Provincial Nomination Programs with a Business Immigration
(Entrepreneur) Category
Business
Minimum Minimum Government Performance Additional
management Business plan Exploratory
Province personal net investment deposit agreement selection
experience required? visit required?
worth required required? required? criteria?
required?
Yes, in order
to obtain a
British $200,000 and Optional Fast
work permit
Columbia: ownership of Track Option:
create at least Strongly
outside $400,000 at least 1/3 of Yes Yes $125,000 Yes
1 new job for recommended
Vancouver & an eligible refundable
a Canadian or
Abbotsford business deposit
permanent
resident
Yes: previous Yes - basic
business Participate in proficiency in
$75,000 Yes, for a
New ownership or day-to-day one of
$300,000 $125,000 Yes refundable minimum of 5
Brunswick senior management Canada's
deposit days
management of business official
experience languages
Yes: minimum
of 2 years of
$100,000 - Participate in
business
representing day-to-day Strongly
Quebec $300,000 management Yes No Yes
at least 25% of management recommended
experience in
capital equity of business
the last 5
years

Business
Minimum Minimum Business Exploratory Additional
management Government Performance
Province personal net investment plan visit selection
experience deposit required? agreement required?
required?
Yes: Previous
$150,000 and business
ownership of ownership or a Participate in day-to- Yes, for a
$75,000 refundable
Manitoba $350,000 at least 1/3 of minimum of 3 Yes day management of minimum of Yes
deposit
an eligible years of senior business 7 days
business management
experience

$150,000 and Yes: minimum Participate in day-to-
ownership of of 3 years of day management of No, but
$75,000 refundable
Saskatchewan $300,000 at least 1/3 of business Yes business & create new recommend Yes
deposit
an eligible management jobs for Canadians or ed
business experience permanent residents

$400,000 and Yes, in order to obtain
British
ownership of Optional Fast Track a work permit Strongly
Columbia:
$800,000 at least 1/3 of Yes Yes Option: $125,000 create at least 3 new recommend Yes
Vancouver &
an eligible refundable deposit jobs for Canadians or ed
Abbotsford
business permanent residents


Business
Minimum Minimum Government Performance Additional
management Business plan Exploratory
personal net investment deposit agreement selection
experience required? visit required?
required?
Prince Edward
Participate in
Island
day-to-day
100% $400,000 $150,000 Yes Yes $100,000 Yes Yes
management of
Ownership
business

$150,000 and
Prince Edward ownership of
Participate in
Island at least 1/3 of
day-to-day
Partial $400,000 a business OR Yes Yes $100,000 Yes Yes
management of
Ownership make an
business
investment of
$1,000,000
Participate in
$3,000,000 day-to-day
and ownership management of
of at least 1/3 business &
Ontario - of a business Yes Yes No create at least 5 No Yes
OR make an new jobs for
investment of Canadians or
$1,000,000 permanent
residents


Business
Performanc
Minimum Minimum manageme Business Governmen Exploratory Additional
e
Province personal investment nt plan t deposit visit selection
agreement
net worth required experience required? required? required? criteria?
required?
required?
$500,000 (if
$300,000 in Yes, in
buying a
a business $75,000 order to
Northwest business in
in the city Yes Yes refundable obtain a Yes Yes
Territories the city of
of deposit work
Yellowknife
Yellowknife permit
)
Yes:
$150,000 Yes - basic
$250,000 minimum Yes, in
and proficiency
(including of 5 years $75,000 order to
ownership in one of
Yukon $150,000 in of business Yes refundable obtain a Yes
of at least Canada's
liquid manageme deposit work
1/3 of a official
assets) nt permit
business languages
experience
**Additional deposit of $10,000 if language results are below Canadian Language Benchmark 5

Key Points

• Processing delays under the Federal program will depend on the nationality and
place of residence of an applicant but generally exceeds 2.0 years. This reduces
the incentive of the Federal program.

• The Quebec program generally offers processing times in the area of 18 months or
less to visa issuance and 12 months to begin the five year investment period from
application submission.

• Applicants who are able can attend their selection interview in Montreal which
can further shorten overall processing time.

Business Migration to Australia

• If you have a background in business management or high level investment activities and are
interested in investing in Australia, starting up a new business in Australia or purchasing an
ownership interest in an existing Australian business, you and your family may be eligible for
permanent residence status under Australia's business migration program.

• In most cases you will be required to enter Australia on a Provisional 4 year visa, after which
you may apply for permanent residence through the Residence Visa categories:

 Temporary Visa
 Residency Visa

Temporary Visa Categories
• Business Owner (Provisional) Visa
Business Owner (Provisional) visas allow people who have ownership interests in business(s) to
reside in Australia for up to 4 years to establish or invest in a business there.

• Senior Executive (Provisional) Visa
Senior executives with management experience in a large overseas corporation may be granted a
4 year provisional visa in Australia under this visa category. Once in Australia, they are expected to
establish or make a significant investment in an Australian business.

• Investor (Provisional) Visa
Investor (Provisional) visas are granted to applicants who have maintained a considerable
investment portfolio or ownership in a business, and are willing to make an investment of at least
A$750,000 in Australian bonds for 4 years. The visa is valid for 4 years.

• Business Visitor Visas
If you wish to visit Australia for 3 months or less to attend business meetings or to explore
business opportunities, you may be interested in applying for a business visitor visa.

Residence Visa Categories
• Business Talent (Migrant) Visa
Business Talent (Migrant) visas are granted to people with an overall successful business career who are
sponsored by an Australia State or Territory government. You are expected to maintain substantial
ownership in a business and be involved the management of this business once in Australia. There is no
need to apply for a provisional visa before applying for this permanent visa.

• Business Owner (Residence) Visa
Business Owner (Residence) visas allow people who have had an ownership interest in an Australian
business for at least 2 years to migrate permanently to Australia. You must already hold one of the
following Provisional visas to be able to apply:
• Business Owner (Provisional) visa
• Senior Executive (Provisional) visa
• Investor (Provisional) visa

• Investor (Residence) Visa
Holders of an Investor (Provisional) visa who have maintained their investment for 4 years can apply for
permanent residence.

• Existing Australian Business
This visa allows people who have owned a business in Australia for at least 18 months to apply for
permanent residence.

• Business Owner (Provisional)
Business Owner (Provisional) visas allow people who have ownership interests in business(s)
to reside in Australia for up to 4 years to establish or invest in a business there.
Criteria
• You have a successful business background.
• Throughout at least 2 of the last 4 fiscal years immediately before applying you (or you and
your spouse together) had an ownership interest in a business of at least:
–51%: if the business turnover is under AUD$400,000; or
–30%: if the business turnover is over AUD$400,000; or
–10%: if business is a publicly issued company.
• Throughout at least 2 of the last 4 fiscal years immediately before applying your main
business (or main businesses together) had an annual turnover of:
–at least AUD$500,000; or
–at least AUD$300,000 if you are sponsored by a State/Territory government.

Criteria
• If the business provides professional, trade, or technical services, then throughout at least 2
out of the last 4 fiscal years immediately before applying, you have spent at least 50% of your
time in managing the business rather than providing such services.
• You, or you and your spouse together, have at least:
– AUD$800,000 of personal net assets and net assets in business of at least AUD$200,000;
or
– AUD$500,000 of personal net assets if you are sponsored by a State/Territory
government.
• You are:
– under 45 years of age; or
– under 55 years of age if sponsored by a State/Territory government.
• You have vocational English. There are no English language requirements if sponsored by a
State/Territory government.
• You have a genuine and realistic commitment after entry into Australia to either establish a
new business or to participate in an existing business, and to maintain a substantial
ownership interest, and be involved in the day to day management of the business.

• Senior Executive (Provisional)
Senior executives with management experience in a large overseas corporation may be granted
a 4 year provisional visa in Australia under this visa category. Once in Australia, they are
expected to establish or make a significant investment in an Australian business.

• Duration and Conditions
This is a 4 year temporary visa. Once you have acquired an ownership interest in a business in
Australia you can look at applying for permanent residence through the Business Owner
(Residence) visa.

Criteria

• For all the visa subclasses you need to show that:
• You have a successful overall business career. You may be interviewed in relation to this. If you
have ever experienced bankruptcy, or been actively involved in a business that has been subject
to insolvency, receivership or liquidation, then you may have to prove that your own
contribution to the management of the business was not a significant factor in these events.


Criteria
• In two of the last four years you occupied a position in the 3 highest levels of management
of a major business with a turnover of:
– over AUD$50 million for 2 of the last 4 years; or
– over AUD$10 million for 2 of the last 4 years if you are sponsored by a State/Territory
government.
• You have not been involved in business or investment activities considered unacceptable in
Australia
• You, or you and your spouse together, have net assets of:
– at least AUD$800,000; or
– at least AUD$500,000 if sponsored by a State/Territory government.


Criteria
• You have a genuine and realistic commitment after entry into Australia to either establish a
new business or to participate in an existing business, and to maintain a substantial
ownership interest (i.e. at least 10% of shares if the company is listed on the stock exchange
or a controlling share if the business is not listed on the stock exchange).
• You have demonstrated a need to be in Australia temporarily to conduct or establish
business activities in Australia.
• You have a genuine and realistic commitment after entry into Australia to maintain direct
and continuous involvement in the management of that business from day to day and to
make decisions that affect the overall direction and performance of the business in a way
that will benefit the Australian economy. statements).
• You are:
• You have vocational English. There are no English language requirements if sponsored by a
State/Territory government.

Business Owner (Provisional) visas allow people who have ownership interests in business(s)
to reside in Australia for up to 4 years to establish or invest in a business there.
Criteria
• You have a successful business background.
• Throughout at least 2 of the last 4 fiscal years immediately before applying you (or you and
your spouse together) had an ownership interest in a business of at least:
–51%: if the business turnover is under AUD$400,000; or
–30%: if the business turnover is over AUD$400,000; or
–10%: if business is a publicly issued company.
• Throughout at least 2 of the last 4 fiscal years immediately before applying your main
business (or main businesses together) had an annual turnover of:
–at least AUD$500,000; or
–at least AUD$300,000 if you are sponsored by a State/Territory government.
• If the business provides professional, trade, or technical services, then throughout at least 2
out of the last 4 fiscal years immediately before applying, you have spent at least 50% of your
time in managing the business rather than providing such services.

Criteria
• You, or you and your spouse together, have at least:
– AUD$800,000 of personal net assets and net assets in business of at least
AUD$200,000; or
– AUD$500,000 of personal net assets if you are sponsored by a State/Territory
government.
• You are:
• You have vocational English. There are no English language requirements if
sponsored by a State/Territory government.
• You have a genuine and realistic commitment after entry into Australia to either
establish a new business or to participate in an existing business, and to maintain a
substantial ownership interest, and be involved in the day to day management of
the business.

• Investor Provisional Visas

Investor (Provisional) visas are granted to applicants who have maintained a considerable
investment portfolio or ownership in a business, and are willing to make an investment of at
least A$750,000 in Australian bonds for 4 years. The visa is valid for 4 years
Criteria
• To be granted an Investor Visa for temporary residence in Australia, an applicant will need to
satisfy the following criteria:
• You have a record of successful business and/or investment activities.
• You have a total of at least 3 years experience in the management of a qualifying business or
eligible investment, and show a high level of management skill in relation to these business
and/or investment activities.
• Throughout at least 1 of the past 5 fiscal years immediately before applying:
–You have maintained direct involvement in managing a qualifying business in which you (or
you and your spouse together) had an ownership interest of at least 10%; or
–You have maintained direct involvement in managing eligible investments with a total net
value of:
• at least AUD$1.5 million; or
• at least AUD$750,000 if sponsored by a State/Territory government.

• Investor Provisional Visas
Criteria

• You, or you and your spouse together, must have net assets of:
– at least AUD$2.25 million; or
– at least AUD$1.125 million if sponsored by a State/Territory government.
• You have made an investment in a designated investment at the time of a decision
being made equaling:
– AUD$1.5 million; or
– AUD$750,000 if sponsored by a State/Territory government.
• Show that you have a genuine and realistic commitment to maintain some form of
Australian business or investment activity even after your designated investment
has matured.
• You are:
• You have vocational English. There are no English language requirements if
sponsored by a State/Territory government.

• Business Visitor Visas
Business Visitor visas allow applicants to conduct short business trips to Australia.

A Business Visitor visa allows the holder to remain in Australia for up to 3 months at a time
to conduct business activities. The visa allows the holder to conduct business or work-
related activities in Australia provided that the proposed activities do not disadvantage or
take employment from an Australian citizen or permanent resident. The visa also allows
recreational activities including tourism and non-formal studies for up to three months.

Criteria
• To make a successful application for a Short Stay Business Visa, you will need to show that:
• You have a need to travel to Australia for business purposes, and
• You possess personal attributes and a business background that are relevant to, and
consistent with, the nature of their proposed business in Australia.

• Business Talent Visa
Business Talent (Migrant) visas are granted to people with an
overall successful business career who are sponsored by an
Australia State or Territory government. You are expected to
maintain substantial ownership in a business and be involved the
management of this business once in Australia. There is no need to
apply for a provisional visa before applying for this permanent visa.

This visa grants permanent residence status.

• State/Territory Sponsorship
This visa is only available to applicants who are sponsored by an
Australian State or Territory government.

Criteria

•You are sponsored by an Australian State or Territory government to migrate to
Australia.
•Throughout at least 2 out of the last 4 fiscal years immediately before applying you
(or you and your spouse together) had:
•Net assets in a business of at least AUD$400,000; or
•10% ownership of the business if it is a publicly listed company.
•Throughout at least 2 out of the last 4 fiscal years immediately before applying ypu
main business (or main businesses together) had an annual turnover of at least
AUD$3million.
•You, or you and your spouse together, have net assets of at least AUD$1.5million.
•You are under 55 years of age.
•You have a genuine and realistic commitment after entry into Australia to either
establish a new business or to participate in an existing business, and to maintain
substantial ownership interest, and be involved in the day to day management of the
business.

• Business Owner Residence
Business Owner (Residence) visas allow people who have had an ownership
interest in an Australian business for at least 2 years to migrate permanently to
Australia. You must already hold one of the Provisional Business Visas to be able
to apply.


Criteria
• You are the holder of one of the following Provisional Visas:
–Business Owner (Provisional) Visa; or
–Senior Executive (Provisional) Visa; or
–Investor (Provisional) Visa
• You have been in Australia as the holder of one of the above Provisional
visas for a total of at least 12 months in the 2 years before applying.

• Business Owner Residence
Criteria
• You have had an ownership interest in one or more Australian businesses for at least 2 years
before applying.
• You continue to have an ownership interest in the Australian business/s.
• For the past 12 months your (or you and your spouse's) assets in the Australia business/s is:
– at least AUD$75,000 *
• For the past 12 months your (or you and your spouse's combined) personal and business
assets in Australia is AUD$250,000 *
• For the past 12 months your (or you and your spouse's) business/s employed at least the
equivalent of:
– 2 full-time employees who are Australian citizens or Australian permanent residents or
New Zealand passport holders and are not members of your family unit; or
– 1 full-time employee who is an Australian citizens or Australian permanent residents or
New Zealand passport holders and is not a member of your family unit *.
• Throughout the past 12 months your business/s had a turnover of:
– at least AUD$200,000 if you are sponsored by a State/Territory government.

• Investor Residence (Permanent) Visas
Holders of an Investor (Provisional) visa who have maintained their investment
for 4 years can apply for permanent residence.

Criteria
• You are the holder of one of an Investor (Provisional) visa.
• You have been in Australia as the holder of an Investor (Provisional) visa
for a total of at least 2 years in the 4 years before applying.
• The designated investment made by you in order to qualify for the
Investor (Provisional) visa has been held continuously for at least 4 years.
• You have a genuine commitment to maintain business or investment
activity in Australia.
• Neither you or your spouse have a history of unacceptable business
activities.

• Established Business in Australia
This visa allows people who have owned a business in Australia for at least 18 months to
apply for permanent residence.

The visa grants permanent residence status.
Criteria
• You have had (and continue to have) an ownership interest in 1 or 2 established main
businesses in Australia for 18 months immediately before applying. Note: ownership interest
is defined as an interest in a business as:
–a shareholder in a company that carries on the business; or
–a partner in a partnership that carries on the business; or
–the sole proprietor of the business, including such an interest held indirectly through one
or more interposed companies, partnerships or trusts.
• Note: Main business is defined as a business in which:
–the applicant maintains or has maintained direct and continuous involvement in
management of the business from day to day and in making decisions affecting the overall
direction and performance of the business; and
–the value of the ownership interest of the applicant (or the applicant and his/her spouse
together) in the business was at least 10% of the total value of the business.

• You, or you and your spouse together, have for the last 12 months held net assets in
Australia of at least AUD$250,000.
• The total value of the net assets of your (or you and your spouse's) business/s for the last 12
months was at least AUD$100,000.
• You have had a successful overall business career.
• You must also pass a Business Skills Points Test (pass mark 105 points).

Benefits
• Unrestricted rights to live and stay in Australia.
• Free Medical Care and after fulfilling two years holding a
permanent residence,
• Rights to sponsor their relatives.
• A child born to you outside of Australia but after you received
Australian citizenship can be registered as an Australian citizen by
descent.
• Australian citizens are subject to discounted education fees or
deferred payment scheme in top-rate schools and universities in
Australia
• As a citizen of Australia you are eligible to work in public service
and in the armed forces, as well as to serve on juries.
• Entitled to receive social security benefits like sickness,
unemployment and student benefits that are offered by Australia’s
Social Security Department.

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