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The purpose of the entrepreneur program is to attract experienced individuals that can own and actively manage a business in Canada, which inevitably contributes to the economy, and create jobs. Entrepreneurs must demonstrate business experience, must have in their possession or access to a minimum net worth of CDN $300,000 and are subject to conditions upon arrival in Canada. To qualify as an entrepreneur, you must have business experience. This means that you must have managed and controlled a percent of equity of a qualifying business. The net worth of at least CDN $300,000 must be legally obtained.
When you immigrate to Canada as an entrepreneur, you must have the intention and the ability to control a percentage of equity of a qualifying Canadian business. You must provide active and ongoing management of the qualifying Canadian business. Your business must create at least one new full-time job for a Canadian citizen or permanent resident. You must meet these requirements within three years of becoming a permanent resident.
Before your immigrant visa is issued, you are required to sign a statement that you intend and will be able to meet the conditions of permanent residence.
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