The Express Entry System is an online application process designed to select and select skilled workers from foreign countries who apply to immigrate through one of the federal economic programs. Express Entry has been allowing employers to find skilled foreign workers by assessing their skills and experience through profiles and a points-based system called the Comprehensive Ranking System (CRS)
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The Start-Up Visa focuses on attracting foreign entrepreneurs to bring their business ideas to Canada. This revolutionary new visa, the first of its kind, entitles applicants to Canadian permanent resident status. However, you will also need to find suitable financial support in Canada before you can apply. )
In order to be eligible, as the applicant, you must
✓ Prove your business venture or idea is supported by a designated organisation
✓ Meet the language requirements
✓ Meet the education requirements
✓ Education, etc.
If your net worth is high, you may be eligible to apply through the Federal Investment Program. This program allows you to establish your own business and immigrate to Canada. Canada is interested in you as you are a potential investor who can contribute to the economic development of the country. To qualify for this category, you must have a net worth of at least $1.6,000,000. Additionally, you commit to investing at least $800,000 CAD.
✓ Citizenship and Immigration Canada oversees your investment. This is indeed one of the most important categories serving the economic development of the country. Investment amounts create new jobs, helping local and federal economies grow
✓ Once you sign the agreement, CIC will send you a confirmation letter with instructions on how to submit the amount. You need to deliver the amount within 30 days. After paying the amount, you will be granted permanent residency. The amount invested is used solely by funds to create other sources of income for local residents. You will get back your investment after five years. However, you will not earn any interest on the amount invested
Once you have completed your online profile and if you rank among the top in your pool according to your skills and experience, you will receive an invitation to apply for permanent residence in Canada.
Those who have been offered a valid job offer from a Canadian employer or Provincial or Territorial Nomination will be given high scores in the ranking system.
Once you have been invited to apply for permanent residence, you will have sixty (60) days to submit your electronic application under one of the following programs:
✓ Federal Skilled Worker Program (FSWP);
✓ Federal Skilled Trades Program (FSTP);
✓ Canadian Experience Class (CEC); or,
✓ A portion of the Provincial Nominee Program (PNP)