Acquire a business and settle in Canada through Owner Operator Program with WWICS

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ANI
Last Updated : May 27 2019 | 10:35 AM IST

The recent economic growth performance in Canada creates one of the most opportune times for foreign investors/business persons looking to expand in Canada. Canada has a strong geographic and sectoral clusters and one of the soundest banking systems in the world.

At a time when the United States continues to crack down on immigration and close off its borders; its northern neighbour appears to be increasingly determined to widen the gates.

Canada's business-friendly environment is built on world-class cities that consistently rank as the best places to live and work. Business opportunities in Canada are limitless and the business environment is welcoming. Canada's competitive business costs, reasonable corporate tax rates, successful innovation clusters, efficient transport, infrastructure and ready access to markets make Canada a preferred business destination worldwide.

Owner Operator Program

The Owner-Operator is one of the most-sought-after programs being offered by Canadian business immigration. This relatively new and unique business immigration option is one of the most useful tools for the applicants, who do not meet the specific investment and personal net worth requirements of the Provincial Nominee Programs, to acquire new business in Canada without any minimum investment, net-worth requirements or age restrictions.

An applicant must acquire or establish a new business in any Canadian province or territory and is required to hold 100 per cent ownership or may have other partner shareholders in the Canadian business provided that he/she has at least 51 per cent ownership. Individuals are recommended to make a minimum investment of CAD 500,000 under this program.

Once the applicant has formed the business and secured other licensing requirements, he/she will be eligible for a Work Permit for 1 to 2 years under which the applicant must be involved in the day-to-day operations of the business and meet other key requirements including providing employment to a Canadian citizen/permanent resident.

This investment immigration program opens a pathway for an investor to become a Canadian resident. Upon fulfilling the required eligibility criteria, qualified candidates can make a strong application for Canadian Permanent Residency.

WWICS - the World's Largest Immigration Group is one stop solution for all resettlement requirements starting from initial assessment to settlement in the destination country. WWICS' team of experts and dedicated professionals offers its clients in-depth understanding and information on Canada's Owner Operator Program and guide them at every step of the process to enable them to successfully settle in Canada.

Our team of professionals carefully understand applicant's family and Business needs, long and short term goals and then advise them the best suitable investment option available.

After intense strategizing and developing of the best investment option in coordination with its associated companies and professionals, WWICS ensures smooth processing of applicant's application with the concerned authorities.

WWICS Group also has tie-ups with various international organizations, professionals and has collaborated with numerous premier world-class establishments to provide its clients with right investment opportunities in top economies of the world including Canada, US, UK, Australia, New Zealand along with various Caribbean and European countries.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

Disclaimer: No Business Standard Journalist was involved in creation of this content

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First Published: May 27 2019 | 10:24 AM IST

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