Canada invites immigrants into the country and to cater to these immigrants Canada has introduced 70+ immigration programs. One of them is the Provincial Nomination program. There are around 10 provinces in Canada which participate in the PNP. This program was started in the early 90s during which there was acute shortage of skilled professionals in Canada. Canada since the beginning of their immigration programs, have recognized that immigrations have contributed extensively to the economic success and community progress of Canada. More than 1/3rd of the population in Canada is foreign nationals who have relocated and have actively contributed to the country. Canada Investment Immigration program is one of the immigration streams which provide Permanent Residency to the investors or Entrepreneurs who intend to migrate to the country.
Canada has always been a peaceful nation with few criminal occurrences in the country. One such province which is actively taking in immigrants and has shown tremendous growth is British Columbia. British Columbia came up with its British Columbia Provincial Nominee Program to help the local employers and business houses choose the right personnel who could fit in to their requirements. There are many pathways defined under the BC PNP. These pathways address the needs of immigrants who are skilled professionals, who are students wanting to study in BC and Businessmen who want to invest in BC. Vancouver is one of the largest and populous cities of Canada which is part of British Columbia. BC’s main industries include forestry, Gold and silver Mining, farming, tourism, fishing and mining of other minerals. BC’s commerce comprises of a lot of small businesses which are the main source of employment in BC. BC is in the top of the game when it comes for start-ups and any kind of entrepreneurial activity possible.
It is best to partner with eligible Canada immigration agency to ensure the immigration happens successfully and investment is done in the right manner possible. British Columbia is one of the top destinations for all those innovators who intend to start a business in Canada or would want to invest in a running business there. Such innovators or investors will be awarded with Permanent Residency and after 4-5 years of living on PR in Canada, the applicant will qualify for Citizenship of the country. For the entrepreneurs to be eligible to invest in the province, they need to –
- Prove their business experience or management experience
- Prove their legal personal net-worth of CAD $600,000
- Achieve language proficiency in English or French equivalent to Canada Language benchmark
- Be able to invest an amount of CAD $200,000 in the business
The investor should be able to establish a new business or invest in a running business in BC through BC Investment Program. They should actively participate in the running of the business. Such a business should be able to generate a minimum of 1 job opportunity for the local residents or citizens possible. Such an investor, as a first step needs to research on BC’s economy and regions to find business opportunity. They must hold a temporary visit to the province. Post that, they need to submit their business plan/proposal through the profile that they have created in the BC portal. The profile will get a score based on the parameters defined. And when the profile gets selected for further processing, the investor first gets a work permit to Canada.
They get the work permit visa once they enter into agreements with the BC. On Work permit visa, the applicant implements his business plans in British Columbia. The investor then submits a detailed report in which he provides information about his business and progress in the same.
Based on the report, the BC immigrations choose the investor for nomination. Once the businessman gets his nomination, he can then proceed to apply for Permanent Residency with IRCC.
Another program with which the investors can relocate to the province is the BC’s Entrepreneurial Immigration –Regional Pilot program. This program is established to attract investors to particular communities in BC to aid in the economic development of such communities.
To find which program fits in to one’s requirement, it is important that the immigrant works with the right Canada Immigrant Agency who are registered with the ICCRC, Canada.
Source: https://www.pr5-articles.com/Articles-of-2020/invest-most-developed-province-canada
You want to be where your target demographic lives, you want to make your store front or headquarters accessible, and you want to make sure you have adequate space to showcase your products or services and do your job.
Look no further than Austin for the hub of small businesses, economic growth, and capital.
The answer is a bit too complex to break down in one sentence.Keep reading in order to learn everything you need to know about Austin, small business, and why success is so common in this city.Location, Location, Location One of the reasons Austin is such a great palace to start a small business is because of its location.
With greater surface area comes greater selection of entrepreneurs, young talent, graduates, and a larger talent pool than other states have access to.
From tax benefits and help with innovation and tech companies, it’s easier to start a company here than many other places.
Luckily, Austin puts preventative measures and protection in place for those who work in Austin to help them receive adequate earnings for their labor and protect them from unfair treatment and more.
If you use WooCommerce to run your e-commerce business, you must know that you’re using the most adaptable e-commerce software available.
The next step is to use a WooCommerce QuickBooks integration to automate your regular accounting tasks.
You should use QuickBooks if you haven’t already.
It’s one of the most widely used and simple-to-use accounting programs for small businesses.Read More: https://smbaccountants.com/integration/woocommerce-quickbooks-integration/
