Ontario

1- About Ontario

Ontario is one of the major provinces in Canada. The most important cities in this province are Ottawa which is the capital city of Canada and Toronto which is the most populous city of Canada. Ontario is bordered by Quebec province to the east, by the Great Lakes region of the United States to the south, from the west by Manitoba.

2- Advantages

• The province will issue you an exploratory visa in case you want to buy a business
• There is no need for any deposit

3- Eligibility

• Having at least 3 years of management experience in the last 5 years (business owner or senior manager)
• Applicant either has to be introduced as a business owner or senior manager.
• In order to establish a business inside Toronto, you must have a minimum net worth of $800,000
• In order to establish a business outside of Toronto you must have a minimum net worth $400,000
• Applicant must create at least two full-time jobs in his business.
• English proficiency minimum CLB 4 in IELTS exam

Personal investment funds

• In case your proposed business inside Toronto, you must make a personal investment of $600,000 and have a minimum of %33.3 of ownership
• In case your proposed business is in the field of ICT and Digital Communications or outside Toronto, you must make a personal investment of $200,000 and have a minimum of %33.3 of ownership

Business trip

In case you intend to buy a business in Ontario, he/she must have been on a business-related trip in the last 12 months in Ontario to visit the business.

4- How to apply

Step 1: Having an exploratory to Ontario
Step 2: Submitting EOI online. Those applicants with high scores will get selected.
Step 3: The selected applicants will get an invitation to apply officially
Step 4: The application will be reviewed and the applicant will receive a request to attend an interview
Step 5: In case of success in the interview, a work permit will be issued for the applicant and his/her family to establish the business