Starting a business is a good way to get a Canadian visa
Starting a business in Canada offers many opportunities for entrepreneurs and business professionals. To establish a business in Canada, you have countless advantages in this country, the most important of which are access to various business professionals and the support of investment companies. In this country, you can have the opportunity to obtain permanent residence in Canada and benefit from its benefits by presenting a strong business plan.
management experience
Having the experience of managing or owning a business in your country for at least three years (ownership means owning all or at least 10% of the company's shares)
Education degree and language
Having a diploma or higher Having basic English skills (providing a language certificate is not required)
wealth
Having enough assets and capital to buy a business in Canada
Steps for obtaining a visa through the purchase of a business in Canada
Step
Choosing a trusted broker or commercial intermediary
There's no law that says you can't find the business you want on your own, but since you're a foreigner, it's best to hire a broker who knows the local Canadian business laws. Get help to choose the right business.
1
Step
Business plan
Our advice is to create a unique business idea at the beginning of the journey or focus on existing business ideas that are viable. You can easily use previous successful startup or business ideas for this, but be careful that presenting business ideas that are directly inspired by other companies will not be effective.
2
Step
Business registration and launch
Registering the business name and its official registration is one of the important steps. By registering a business in Canada, you can easily support it and if a legal problem arises, you will be able to follow it up.
3
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Research on all types of companies
In Canada, there are different types of companies that you can determine the type and structure of the company based on the number of key people and your goals that have been prepared in advance. In this country, companies can be established individually and in partnership, and besides these two cases, there are other structures for starting a business in Canada. The important and fundamental point in this case is the amount of shares of each person, the tax laws and the amount of responsibilities, which should be taken into account at the beginning of the work to choose the type of company.
Business field research
Without market research, your business is doomed to failure. This point is the most important principle in your success and achieving business goals in Canada necessarily requires a deep market research. You should do a good research on your business idea and check the demand for it. Maybe after doing proper research you need to change the selected area to get more yield. During the market research, you will easily be able to learn about the existing problems, know the limitations and have great plans to respond to the change.
Business plan preparation
For almost all start-up businesses or businesses that have already started, it is necessary to prepare a business plan. You should be very careful when writing a business plan to immigrate to Canada. Be careful that writing a business plan without having statistics and information about the market and customers will surely result in a baseless and unreliable document.
Insurance, taxes and permits
After going through the initial steps, tax issues and obtaining licenses are among the most important things that you should consider to start a business in Canada. For various businesses, licenses will be required, which may include federal licenses or state licenses. It depends on the type of your business and after finding a business idea and choosing a location, you can research these permits and tax laws.
Benefits of buying a business in Canada
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Documents required to start a business in Canada
Important things that you should pay attention to before buying a business
Your business partners can play an important role after starting a business in Canada. These business partners can increase your sales significantly and you can focus on finding your business partners during your market research. B2B partners know exactly the target market and if you intend to enter the target market, cooperation with these partners will create easier conditions for selling your products.
To present your products or services after starting a business in Canada, you can open a special account on cooperation with platforms such as Amazon and Walmart. Of course, these partners should be chosen based on the type of your business so that they can easily get your products to the right audience.
If you are looking to buy a business in Canada, there is a simpler and easier way to do this. Buying a franchise in this country has many advantages, but in this way, you will not start your own business. In fact, in the method of buying a franchise, you buy the franchise of a business, and with this method, you will be able to pursue your goals by starting a business in Canada.
To act through this method, you need lower funds than the previous method, which is set as an average of 50,000 dollars. It should be noted that the risk of this method is also lower and you will see less difficulty in trading. In order to apply for permanent residence in Canada through this method, your branch must have been active for a minimum period of time and you must have employed at least 1 Canadian employee.
When it comes to starting a business in Canada, you must first define your goals and target region. To put it better, you need to specify whether you intend to establish a business in large urban areas or your goal is to start a business in less populated areas.
It is safe to say, you will have unique business opportunities in advanced urban areas and even rural areas, and it is up to you which area you will choose first.
Due to the existence of favorable conditions for establishing a business in Canada, this country has surpassed even the United States in recent years, and in this regard, in 2018, it was ranked 6th in the Forbes list. Of course, the role of the government of this country in supporting new businesses and providing financial and legal support to them is colorful.
In the meantime, it can be said that the cities of the provincial capital in this country and the cities that are located near the American border have the best conditions and you have access to excellent opportunities to start a business in Canada. In the following, better cities are introduced in terms of starting a business in Canada, which you can also access information on in this link.
Toronto, Canada is one of the cities that offers ideal conditions for starting and running a business in Canada. This city is located in the southeastern part of Ontario and is known as the largest city in the country. The area known as Toronto has more than 6.3 million people and it is not surprising that you can find new facilities to start your business in this city.
According to the statistics on this website, Toronto ranks first in terms of the presence of technology professionals, which number more than 228,000 people.
Along with the presence of specialists in various fields of technology, Toronto has excellent conditions for starting businesses in various other industries. Among these opportunities, we can mention the field of food and its processing, architecture and design, medicine and life sciences, education, fashion, media production and finance.
Vancouver, British Columbia is one of the dream cities to start a business in Canada, with a population of more than 2.6 million people. Vancouver is one of the cities that is famous for its high standards of living and quality at the world level, and due to the existence of communication passages with other parts of the country and the world, Vancouver is known as a connected and international city.
In this city, different cultures live together and besides the unique development of the city, you also have access to beautiful nature. It should be noted that the important advantage of this city is its proximity to various advanced global industrial areas, which will create ideal conditions for startups and new businesses.
If you intend to have easy and quick access to facilities and equipment for starting a business in Canada, Vancouver is the city that will provide you with the best conditions. Vancouver has devoted more than 40% of its industrial and commercial capacity to the technology sector, where you can see large companies in the production of games, tourism, finance and technology services.
This method cannot be difficult for professionals and entrepreneurs. In various Canadian business and employment immigration programs, you must meet certain conditions and provide certain documents. In fact, the complete presentation of these documents proves your abilities to establish and develop business in this country. If you can convince the immigration office of this country about your abilities, starting a business in Canada will not be difficult.