Entrepreneurs

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Entrepreneurs

Entrepreneur applicants must have legally obtained a net worth of at least CAD$ 300,000. They must also have controlled a portion of the equity of a qualifying business that was not operated primarily for the purpose of deriving investment income (eg., interest, dividends and capital gains).

Applicants must intend and be able to own and actively manage at least one-third of a business that will contribute to the Canadian economy and create at least one full-time job, other than for the entrepreneur and family members.

Entrepreneurs and their family members are granted permanent residence under conditions that are monitored by Citizenship and Immigration Canada. They must report at specified intervals to an immigration officer in Canada on their progress in establishing a business which meets specified requirements and show that they have met these requirements for at least one year within three years of admission to Canada.