ARE YOU PLANNING FOR BUSINESS OR INVESTOR VISA PROCESS TO USA, UK OR CANADA?
Looking For A Fast Track Option For Immigration?
Looking for a fast track option for immigration? Take a look at Investor Visas for UK, USA and Canada
It is often wisely said, that if someone desires to achieve something in life, then invest into it. Many people who are looking beyond the family based or work based immigration options are now considering the entrepreneurs visa option for settling in the country of their choice.
Most of the first world countries provide an option for immigrants to enter their country and even obtain permanent residency status through the means of the investor or Entrepreneur Visa Process. We take a look at the general provisions and rules for applying for business visa in six different countries.
Entrepreneur Work Visa For United States Of America
The United States of America is one of the top destinations for immigrants and the waiting times are often long for any category of visa as the demand for the same is very high.
However if you have funds to invest in a business or startup program in USA, you certainly qualify for the EB 5 visa which is also known as the Golden visa. The visa program was initiated in 1990 in order to stimulate the American economy, by encouraging foreign investors to invest capital in the local economy and create more jobs.
Following are the eligibility criteria to be followed by immigrants who are interested to settle in USA through the EB- 5 visas.
- The immigrant should invest in a commercial enterprise which has been classified as a regional enterprise by the USCIS.
- The immigrant investor needs to invest the minimum required amount in an enterprise that shall create at least ten full-time positions for local employees who qualify for the same.?
- Full-time employment for this purpose shall mean employment in a position that requires at least 35 hours of work per week.
- These full time positions must be created by the company itself or its subsidiaries
- In case, the venture is located within a designated regional center, then these positions can be either directly created by the venture or indirectly through third party programs
- The investor also has to demonstrate with proof, that the level of employment is being maintained at pre-investment levels for a minimum period of 2 years
[Read More: EB-5 Investor Visa USA]
Work Visa Process For United Kingdom
United Kingdom offers the Tier 1 visa program for high net worth individuals who are interested in settling in UK.
Potential immigrants who are keen to settle in UK can apply for Tier 1 or investor visa if they are able to invest 2,000,000 GBP or more in starting a new business or investing in an existing business in the country. The investor has to meet the following eligibility criteria
- The investor needs to have the required amount of funds to apply for the visa
- Age should be 18 years or older
- Show proof that funds belong to the investor or his common license partner or married spouse
- The investor must have opened a bank account in United kingdom
- The invested money should be disposable income and not locked away restricted by time, such as bonds
- The investor should be willing to pay 1565 GBP fees for applying for the Tier 1 visa.
The immigrant investor can apply three months before his intended date of travel to UK and the visa typically takes three weeks to process. On entering UK under this visa an immigrant can
- Work or study in the country for a period of 2 years
- Apply to settle permanently after the initial 2 years have passed by committing to invest an additional 10 million GBP or settle after 3 years if he is planning to invest 5 million GBP.
Canada Immigration Program
Canada offers various programs for high net worth individuals to become permanent residents in the country by investing a stipulated amount of money in promoting new businesses. The following categories of investor visa programs exist for Canada Immigration Process.
- Quebec Immigrant Investor Program (QIIP)
- Quebec Entrepreneur program
- Quebec Self-Employed program
- Federal Immigrant Investor Venture Capital (IIVC) Pilot Program
- Federal Start-Up Visa program.
- Provincial Nominee Entrepreneur program.
- Immigrant Investor Venture Capital Pilot Program (IIVCP)
Eligibility criteria for Quebec Immigrant Investor Program
- The investor must be in possession of a personal net worth of 6 million CAD that has been legally acquired
- The immigrant must possess at least two years of relevant business management experience in the preceding 5 years from date of application
- Be willing to invest at least 800,000 CAD in a Government guaranteed investment option for a minimum of five years
- Must be willing to settle in the province of Quebec
Eligibility criteria for the IIVCP: In order to qualify for the immigrant investor venture capital program, the investor must meet the following eligibility criteria.
- The investor must possess a personal net worth of at least 10 million CAD, and must be willing to invest 2 million CAD in a government approved venture capital fund for a minimum period of 15 years
- He should have completed at least one year of post-secondary education
- Should have obtained qualifying marks in language proficiency test such as IELTS
Eligibility criteria for Quebec Immigrant Entrepreneur Program: The immigrant investor has to meet the following criteria if applying through the QIEP
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- Have a personal net worth of a minimum of 300,000 CAD
- Demonstrate with proof, the ownership and management of a successfully run business for two out of immediately five preceding years
- The investor should be willing to invest at least 1,00,000 CAD into creating a new business or purchasing or expanding an existing one
- Should be able to commit to create at least one job in a full time position for a citizen or permanent resident
Eligibility for Quebec Self-Employed Program: In order to qualify for applying for permanent residency in Canada through the Quebec Self-Employed Program, the applicants must meet the following criteria.
- The applicant must be in possession of a personal net worth of 100,000 CAD that has been amassed legally
- The investor should also have had a minimum of two years of applicable experience.
- Should have had worked in a profession that is listed under the NOC
To know more about immigrating through the investor visa category get in touch with Global Tree at Begumpet, Hyderabad, the most Best Immigration Consultant in India.