Expand Business to Canada
Expanding your business to Canada presents an exciting opportunity for growth and success in a dynamic market. Canada is known for its strong economy, stable political environment, and diverse business landscape, making it an attractive destination for businesses looking to expand internationally. For businesses aiming to establish operations in Canada and secure Canadian work permits for themselves or their team, the Intra-Company Transfer (ICT) program presents a viable pathway. This program facilitates the expansion of foreign companies into Canada, enabling the relocation of staff members, including executives, managers, or employees with specialized knowledge, to work within the country.
Expanding your business to Canada involves a series of steps, from obtaining a work permit to potentially securing permanent residence. Here’s a detailed guide to help you navigate the process:
- Determine Eligibility
Under the Intra-Company Transferee Program, both your company and the selected applicants must meet specific criteria. These include active business engagement, a history of operations, sufficient revenue, access to liquid funds, and a valid justification for expansion. - Setting up Your Canadian Business
When establishing your Canadian presence, consider the corporate ownership structure, ensuring a parent-subsidiary or affiliate relationship between your home and Canadian companies. Determine the location and corporate structure based on provincial requirements. - Submit an ICT Work Permit Application
Once your Canadian company is registered, apply for a work permit under the ICT program. Provide required documentation, including foreign company information, the applicant’s employment history, financial documents, Canadian company information, a business plan, a reference letter from the foreign company, and the applicant’s documents. - Travel to Canada and Start Your Job
Upon approval, receive a work visa to enter Canada, and obtain the work permit document at the port of entry. Demonstrate the establishment and active operation of your business in Canada to extend your ICT work permit. - Apply for Permanent Residency
After one year of working in Canada, you may be eligible to apply for permanent residency through the Express Entry program. Fulfill requirements such as language proficiency, education, police clearance, and good health.
By following these steps diligently and seeking assistance when needed, you can successfully expand your business to Canada and potentially secure permanent residence for yourself and your family. If you have any questions or require further guidance, please feel free to contact us.
Considering taking your business to the next level in Canada? Connect with Real West Immigration. Our team, composed of expert Regulated Canadian Immigration Consultants, excels in navigating the ICT program, aiding countless international entrepreneurs in making their mark in Canada’s booming economy. Get in touch with us now to start your adventure into Canadian business expansion.