Legality
The program is an ideal opportunity for foreign business owners who wish to expand their existing business operations to Canada, not only this but companies may temporarily transfer qualified employees to Canada for the purpose of improving management effectiveness and enhancing competitiveness in overseas markets, through this you will be able to secure an ICT Work Permit and eventually permanent residence (PR).
There are 3 categories of individuals who may benefit from this program:
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Business owners, entrepreneurs, and shareholders of successful companies who are currently holding executive positions in that company and who intend to do similar work in Canada.
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Senior managers and functional managers who are currently working in a foreign company and intend to occupy a similar position in Canada.
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Key employees of a business who have advanced specialized knowledge that is unique or uncommon.
Investment Options
Business owners, entrepreneurs, and shareholders of successful companies with a minimum of 2 to 3 years of business experience may apply for the ICT “Intra Company Transfer” if the principal applicant has a minimum personal net worth of CAD 400,000 or more. Individuals must intend to invest between $100,000 and $200,000 or more in an active business.
Eligibility
To qualify for residency by investment, the main applicant must meet the following criteria.
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Be of outstanding character.
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18 years or above of age
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Hold no criminal record.
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Have excellent health.
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Have a high personal net worth.
Eligible Dependent
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Spouse
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Unmarried children under 21yrs age are, financially dependent on the main applicant.
About Country
Canada, the second-largest country in the world by land area, is located in North America. Known for its breathtaking natural beauty, multicultural society, and strong economy, Canada offers a high standard of living and diverse opportunities for residents and visitors alike.
Canada's economy is one of the largest globally and is driven by a mix of industries. Natural resources, including petroleum, minerals, and timber, have historically played a significant role. However, the country has also diversified its economy into sectors such as manufacturing, technology, finance, healthcare, and entertainment. Canada has a well-developed social welfare system, providing its residents with accessible healthcare, quality education, and social support programs.
Education is highly regarded in Canada, with numerous prestigious universities and colleges attracting international students. The country's educational institutions are known for their academic excellence, research contributions, and multicultural learning environments.
FREQUENTLY ASKED QUESTIONS
HOW LONG DOES IT TAKES TO OBTAIN RESIDENCE PERMIT (via ICT) IN CANADA?
Usually, it takes 06 to 08 months, but it may vary from a client to client based on their profile and their commitments while providing required documents / information.
WHAT ARE THE BENEFITS IF I CHOOSE ICT?
Migrating to Canada via ICT “Intra Company Transfer” offers you multiple benefits, some are stated below: -Right to live and run your business in Canada. -Free education & healthcare. -Social services benefits. -No tax on global income. -No minimum investment requirements. -No physical stay required for business owners. -Option to transfer key employees from home company. -Straight & Expedited process. -Pathway to Canadian citizenship.
WHAT IS THE MINIMUM INVESTMENT REQUIRED FOR RESIDENCE PERMIT (via ICT) IN CANADA?
The principal applicant must have minimum personal net worth of CAD 400,000 or more and must have intend to invest between $100,000 and $200,000 or more in an active business.
WHAT ARE THE INVESTMENT OPTIONS?
Business owners, entrepreneurs, and shareholders of successful companies with minimum 2 to 3 years of business experience may apply for the ICT “Intra Company Transfer” if the principal applicant has minimum personal net worth of CAD 400,000 or more. Individuals must have intend to invest between $100,000 and $200,000 or more in an active business.
WHAT ARE THE ELIGIBILITY CRITERIA?
Principle applicant must be over 18 years of age or more must, be of no criminal records, principal applicant can include spouse, and unmarried children financially dependent on him or her if they are below 21 years of age, to know more about it please contact one of our experts.
ARE THERE ANY MANDATORY REQUIREMENTS FOR ICT?
Yes, principal applicant must -A business owner, entrepreneurs, and or shareholders of successful companies with minimum 2 to 3 years of business experience, -Foreign business with at least 5 to 10 employees, -Individuals with net-worth between $400,000 and $1,000,000 or more ($100,000 to $200,000 should be liquidated), -Individuals who intend to invest between $100,000 and $200,000 or more in an active business.
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