Getting a refusal from IRCC for Canadian visa can be disappointing, It seems that your dreams has been shattered, But wait there are Some measures you can take after a refusal. These steps vary from type of Visa you have applied for.
Canadian Embassy provides a letter with reasons as to why your application has been rejected!
Although most of the reasons are generic except some exceptions !!
Lets Discuss what can be done after refusal from Canadian Authorities !!
This year Canada picked up many immigrants in each province & territories in September. However the central Canada, especially Ontario province has shown the highest jump in inviting the most immigrants in 2022. According to Statistics Canada reports, Ontario welcomed 227,235 new immigrants, the highest in comparison to other provinces. There’s an almost 32.8% rise in immigration.
As per IRCC data, Ontario’s immigration population was reduced to 50% in the year 2020, still stands in first in position inviting most immigrants every year.
Canada is often a destination of choice of entrepreneurs who are looking to expand their business in Canada. Due to its geographical location and easy access to the North American market, it makes it more attractive to the business owners.
If you’re planning to relocate your business to Canada, our team at Lebiz will assist you moving your business to Canada. Below are the steps to consider while moving your business to Canada.
Buying a Franchise in Canada can be both attractive and risky option at the same time. For a foreign entrepreneur or business owners it seems an interesting pathway to immigrate to Canada and get a permanent residency (PR) status. Starting a whole new venture can be difficult and risky for a business immigrant due to lack of experience in the new market. Although, investing your funds in buying a franchise allows you to build on a brand that is already well-known and profit making business in the track records that gives you ultimate success in Canada.
In this blog let’s learn more about how to buy a profitable franchise and what are the pros and cons of buying a franchise. We will also be sharing some tips for choosing a right franchise option.
Recent reports showed Canada is facing shortage of labour in healthcare sector due to extensive demand and less number of health care workers. With time it is now becoming a subject of public concern.
Recent data showed that there are 958,800 Job vacancies in Canada having 152,000 specifically in field of healthcare as of August 2022. This led some hospitals to close their emergencies room temporarily due to shortage of staff.
Q1- Is living in BC mandatory while I wait for nomination?
Ans1- Yes. In order to be eligible to be considered for BC PNP nomination, you need to prove that you’ve lived within 50km from the company you run in BC. Additionally, you need to be able to prove that you have actively participated in day-today administration of your business and that you were actually present in BC. While being on work permit you should be available in BC for at-least 75% of the total times span.
Q2- what is considered as my net worth?
Ans2- Net worth includes all your financial assets, properties, company minus any liabilities or obligations or debts. It includes your spouse assets as well as your dependent children. For this program, you must have at least a net worth of CAD 600,000. You can provide following documents to evaluate your net worth:
Q3- Do I need to provide the supporting documents for my wealth for net worth evaluation?
Ans3- Yes. Your net worth should be legally verified .You need to obtain the verification of net worth from a BC PNP-approved accounting firm. Failure to submit a satisfactory proof to verify your net worth and the source of your funds could result in the denial to your application.
Q4- After the final submission of my application on BC PNP, can I change my business model?
Ans4- No, you cannot change or modify your business concept after your registration on the BC PNP portal. You must keep your intend clear and defined before you file for your application.
Q5- Do I need to invest in an enterprise before I can submit my application to BC PNP Entrepreneur?
Ans5- No. If you plan to buy an established business it is necessary to mention the exact target business in your application and create an overall business plan for the business. Check that the current owner of the company has been in charge and is operating that business for at minimum 5 years.
Q6- Can I get cash from a lender/bank to invest in my company under BC PNP?
Ans6- It is a requirement of the BC PNP that you make the minimum personal investment with your own personal funds. You must provide documents that prove the source of the investment, and also show that this investment along with any future personal investment made within your business was made directly from personal savings. However, you can make use of financing provided by an associate or financial institution to invest above the minimum requirements.
Q7- Does buying a business before receiving an ITA increases my chance of approval under BC PNP?
Ans7- BC PNP strongly discourages applicants from taking any financial or investment commitment prior to signing a contract of performance with BC PNP and obtaining a valid work permit from the IRCC. Any investment that is made prior to obtaining approval and an approved work permit is entirely at risk.
Q8- can I have a partner in my business for this program?
Ans8- Yes. BC PNP allows immigrant entrepreneurs to be partners in their business idea. The general rule is that, in order to be eligible for the program, you have to show that you will be the owner of at minimum one-third (33.3%) of the company in BC. If your partner is not a Canadian permanent resident or citizen and plans to join you to join this program In this case, they must meet the conditions for the program, which includes the minimal requirements for investment.
Ans9- If you don’t have an official post-secondary qualification (such as diploma, degree or certificate issued by a recognized post-secondary institution) You must prove that you’ve been an active business owner/manager and have full ownership of the company for at least 3 years over the past five years. The total ownership of the business could be divided among your spouse, you or your dependent children.
Ans10- Being a registered applicant who is qualified in the pool doesn’t mean that you’ll be accepted to apply. You may employ a variety of strategies to boost your score. You can do this by generating an innovative business idea and conducting further research on the business climate in BC or by enhancing your flexibility and then making a new application. You may also file an application under an entirely different category, but you have to cancel the current registration before taking the next step.
BCPNP Entrepreneur immigration is among the most effective program to migrate to Canada especially for business owners or entrepreneurs. It allows them to either start their business or buy an existing business in British Columbia. In the previous blog we have already discussed about what is EI-Base Category program, its basic requirements and its application process. In this guide you will learn more about what business concept qualifies under this program.
British Columbia is the third largest and westernmost province of Canada. It offers vast opportunities for immigration pathways under Provincial Nomination Program (PNP). It helps many entrepreneurs to enter into the country via BC PNP Entrepreneur Stream. Among them one such program is BC PNP’S EI Base Category. This EI (Entrepreneur Immigration) Base Category allows entrepreneurs having a strong intent to establish new business or buy an existing business in British Columbia by securing a minimum investment and initiate a path towards their PR journey.
WHO IS ELIGIBLE TO APPLY?
| ELIGIBILITY CATEGORIES | MINIMUM REQUIREMENTS |
|---|---|
| Experience | More than 3 years of experience as a business owner, or 4+ years of experience as senior manager or combined 1 year of experience as business owner & 2+ years of experience as senior manager |
| Net Worth | CAD 600,000 |
| Education | Post-Secondary Certification (Degree, Diploma, Certificate) or at least 3 years of experience as business owner in last 5 years |
| Investment | CAD 200,000 |
| Ownership Percentage % | At least one-third (33.33%) |
| Language Requirement | Basic of English or French proficiency with CLB 4 |
| Hiring for Job | Must recruit at least one Canadian Citizen or Permanent residence for full-time equivalent job. |
On November 1 , Canada announces its new immigration plans to boost their economy. Sean Fraser, the Minister of Immigration, Refugees and Citizenship Canada released the Immigration level plans of Canada to elevate immigration and to attract the newcomers; helping businesses to find workers. Canada is facing critical phase due to shortage of labour in various key sectors impacting the economy of Canada.