in the creation of at least one job for
Canadian citizen or permanent resident
other than him/herself and his/her dependants.
Entrepreneurs must also be actively involved
in managing the business and should control
minimum 33-½ % of Equity.
Investor applicant must have previous
business experience with control of percentage
of equity for at least two years in the
period beginning five years or the management
of at least five full-time jobs equivalent
per year in a business for at least two
years in the period beginning five years.
Must have legally obtained net worth of
$800,000 and should invest CAD$ 400,000
in government guaranteed investment fund.
Self-Employed applicant must have
relevant experience and should have Intention
and ability to be self employed in Canada
and to make a significant contribution
to specified economic activities in Canada
like cultural activities, athletic etc
or purchase and management of a farm.
No conditions are imposed upon admission;
self-employed persons are not required
to provide jobs for others, must present
documentation proving ability to establish
a business that will contribute significantly
to the economy or Canada's artistic or
The information in this article was current at 06 Dec 2011