“Start-Up Immigration program, designed for entrepreneurs, investors and businessmen, is a new trend of Canadian immigration policy”, said Pavel Lifanov, the Vice-President of Green Light Immigration.
Canada is one of the wealthiest nations in the world. It is a proud member of G7 and a leading country for the ease of doing business. For instance, Canada is ranked in the 2nd place globally in starting a new business and 18th in overall ease of doing business among 190 nations. Globalization and innovation are the dominant markers of a developed state in the twenty-first century. The importance of that is obvious to the Canadian government. Thus, “Canada, as a nation of immigrants, welcomes foreign nationals who want to operate their own business or launch a start-up that will benefit the Canadian economy and society”, said Lifanov.
For that reason, the Federal and Provincial governments adopted new legislation to establish a clear and friendly regulatory environment for creative and innovative people, including foreign nationals willing to immigrate to Canada. Immigration, Refugees and Citizenship Canada (IRCC) established the International Mobility Program which has a stream designed for Entrepreneurs/self-employed candidates who want to immigrate to Canada! Moreover, in the recent years, several provincial programs also created similar streams for start-uppers. For instance, Ontario has the immigration streams for entrepreneurs and investors; Manitoba has a stream for investors; Prince Edward Island developed a Business Impact Category within its provincial program; New Brunswick and Nova Scotia launched the Entrepreneur Streams as part of their provincial immigration.
According to Lifanov, several other Canadian provinces and territories are developing new immigration programs specifically for start-ups. He concluded: “My practice shows that almost all unique ideas are welcomed in Canada, which, indeed, is a Start-Up Nation”.