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Business Immigration
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Created to encourage business investments in a country, the business immigration programs are exclusive programs that enable high net worth individuals to attain permanent residency and eventually, citizenship in their country of choice.
There are also investor immigration programs available for those wishing to immigrate to Europe. One of the most popular programs is the Portugal Golden Visa program. Compared to the investment programs mentioned in the two countries above, this program has more lenient requirements, not necessitating any management experience, minimum net worth, or proof of the source of funds.
Canada business immigration programs are for those who have significant management experience and can contribute to the economic growth of the country. The federal government runs its own investor program that allows Canadian investors to settle in any province except Quebec, however, each province, including Quebec, has its own investor program as well. Generally, any of the investor programs in Canada would require a sizeable investment that would be eventually returned, a minimum net worth, as well as a background in managing a business.
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Portugal Golden Visa program has more lenient requirements, not necessitating any management experience, minimum net worth, or proof of the source of funds.
For those who want to create or acquire a business, there are the Canada entrepreneur programs that have similar requirements to the investor programs and are also available through the federal government or specific provinces. For those with a more specific profession and can create jobs for themselves or those looking for self employment in Canada, they may be eligible for the Canada self-employed program which does not require any initial investment.
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Yes, in the event the application is refused, the investment will be returned to you immediately.
Generally, programs allow the spouse and dependent children to be included in the application.
For the Portugal Golden Visa program, anyone 18 years of age and over may apply. There is no requirement for management experience, education, or net worth. There are also no restrictions on your nationality. Canada business immigration programs, on the other hand, are stricter and require certain management experience and net worth as well as proof that all assets have been obtained legally.
All employers must submit a Prevailing Wage Determination which ensures that they are paying at least the minimum wage set in their state. Salaries vary depending on the job and the area.
For most Canada entrepreneur and self-employed programs, yes, because they usually require living in the province and running a business. While for the Portugal Golden Visa program, the investor becomes a co-owner of the property. So the investor does not need to actively manage the project.
For programs that do not involve establishing a business, return of funds varies per program. Canada business immigration programs like the federal investor program and Quebec investor program require the investment to be maintained for 5 years. For the Portugal Golden Visa Program, funds are returned after permanent residency is attained, or if the investor wishes, after citizenship is attained. The investor may also choose to keep the investment and continue earning the annual rental income on the project.