Skip to main content

Canada is a top destination for immigrant entrepreneurs

 

Canada is a top destination for immigrant entrepreneurs

Canada is a top destination for immigrant entrepreneurs


According to the Organisation for Economic Cooperation and Development, Canada is the top destination for immigrant entrepreneurs among all OECD countries. There are over 24 OECD countries, including the United States, France, the United Kingdom, Australia, and Sweden. According to OECD research, these countries are becoming more interested in attracting international entrepreneurs. This is intended to promote innovation, foreign investment, the creation of jobs, and economic growth. 


Furthermore, in order to create a favorable environment for new and innovative enterprises to grow, a combination of measures should be implemented to develop entrepreneurial ecosystems, drive research and innovation, and guarantee that prospective founders have access to funds and appropriate human capital. 


Top destination for immigrant entrepreneurs in 2023


The OECD's Indicators of Talent Attractiveness evaluating approach focuses on attracting foreign entrepreneurs by taking into account both general criteria and specific immigration laws aimed at potential international start-up founders. The system comprises seven important components: market size and reach, capital access, degree of digitization, and connectivity.


In comparison to the other 24 OECD countries, Canada was recognized as the most attractive country for immigrant start-up founders and entrepreneurs.


According to the ranking system, OECD concluded that Canada evaluated among the top 25% across every aspect of the framework, except for the 'skills environment'. Canada, along with Australia, is the only country that allows successful start-up visa applicants to apply for permanent residency from day one.


How to Immigrate to Canada as an Entrepreneur?


Foreign entrepreneurs are able to get permanent residency in Canada through the country's unique entrepreneur immigration programs.  Some of the most popular programs are:

  • Canada Start-Up Visa

  • Canada-United States- Mexico Agreement

  • Intra-Company Transfer Work Permit

  • Entrepreneur/Self-Employed Work Permit

  • Canada Investor Visa

  • Quebec Investor Program


Do you want to make Canada your new home? Fill out our Free Assessment Form right now to assess your chances of coming to Canada.


What is the Canada Start-Up Visa Program? 


If you are an entrepreneur, you may be able to immigrate to Canada under the start-up visa program. Canada is looking for exceptional entrepreneurs who want to develop enterprises that will stimulate the Canadian economy while also creating job opportunities for its citizens. 


Eligibility requirements for the Start-up Visa Program


To be eligible for the Start-up Visa Program, you must meet all four eligibility requirements as well as the entry requirements for Canada. You must:


  • have a qualifying business

  • Have a letter of support from a designated organization is required

  • meet the language requirements, and

  • have enough money to settle and live in Canada before you start your business.


Join our RSS Feed 


Want to know more details about the “Canada is a top destination for immigrant entrepreneurs in 2023” you can contact one of our immigration specialists at  Gunness & Associates.




Tel: (416) 604-2669 

Email: info@immigrationmatters.info


Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.



For honest and straightforward advice, contact the experts

at Gunness & Associates



Get a free Assessment


Join our newsletter and get up-to-date immigration news Click here




All rights reserved ©2023 Gunness & Associates



Labels:

Comments

Post a Comment

Popular posts from this blog

IRCC sets new wage rules for employers recruiting temporary foreign workers

IRCC sets new wage rules for employers recruiting temporary foreign workers From January 1, 2024, employers recruiting through the Temporary Foreign Worker Program (TFWP) must adjust foreign workers' wages to match updated prevailing rates, as per Immigration, Refugees and Citizenship Canada (IRCC). Although some employers are exempt, this usually requires a Labour Market Impact Assessment (LMIA). The Job Bank updates provincial wage differences annually.  Canada is inviting foreign workers to boost its economy amid labor shortages, with potential losses of $38 billion due to shortages, as the Canadian Federation of Independent Business (CFIB) reported. Foreign workers in Canada are legally entitled to the same rights as Canadians, with employers required to ensure a fair work environment and access to healthcare. Even if the prevailing wage falls, the updated wage can never fall below the wage identified in the positive LMIA at any time during a TFW's employment period. Emplo...
Post a Comment
Read more

Canada may recruit DACA recipients

  Canada may recruit DACA recipients  Deferred Action for Childhood Arrivals (DACA) is a program that protects and provides work authorization to immigrants brought to the US as children. Over 570,000 Dreamers are currently protected by DACA and are productive members of the American economy.  However, the program is in legal limbo as Congress has failed to authorize permanent protection, and Republican states are suing to terminate it.  Canada is actively recruiting immigrants with US work experience or education and could also attract DACA recipients, highly educated and qualified workers.  Canada's Express Entry system could be a viable option for Dreamers, who would be competitive candidates. If Canada poaches Dreamers, the US will face significant economic losses as Canada reaps the benefits of highly productive US-trained immigrants. Canada has stepped up its efforts in recent months to deliberately recruit immigrants with prior education or work experienc...
Post a Comment
Read more

BC invited up to 218 skilled candidates under the BC PNP

BC invited up to 218 skilled candidates under the BC PNP  On February 6, 2024, the Government of British Columbia held new invitation draws under the British Columbia Provincial Nominee Program (BCPNP) and issued invitations to apply to qualified and skilled candidates with work experience in healthcare, childcare, construction, and veterinary care occupations.  In the general draw, the province invited 102 candidates. The minimum score for candidates invited to this draw was 97 points. BC issued 46 ITAs to candidates under the childcare-targeted draw for early childhood educators (NOC 42202).  In the Healthcare-targeted draw, British Columbia invited 39 candidates who scored 60 points. The province also issued 26 invitations to candidates working in the construction sector.  Furthermore, up to five invitations have been issued to candidates working in veterinary care occupations. In total, British Columbia issued up to 218 ITAs in this draw. This year, British Colum...
Post a Comment
Read more