BUSINESS CLASS - ENTREPRENEURS - POST LANDING


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mimidreams   
Member since: Jun 04
Posts: 4
Location: Kuwait

Post ID: #PID Posted on: 08-02-07 05:05:41

Appreciate receiving reply for the case of a Principal applicant, 57 years, landed as business class in August 2006 with family.

In accordance with the conditions, business to be operational within 18 to 24 months.

Instead of opening business any investment, in mutual funds, or any other funds, in Canadian banks is acceptable to fulfill the residency conditions?

Any exemption request to Immigration, due to health disability, will be acceptable to them?



Big Vee   
Member since: Jan 05
Posts: 456
Location: Canada-Glorious and Free

Post ID: #PID Posted on: 08-02-07 10:27:37

Quote:
Originally posted by mimidreams

Appreciate receiving reply for the case of a Principal applicant, 57 years, landed as business class in August 2006 with family.

In accordance with the conditions, business to be operational within 18 to 24 months.

Instead of opening business any investment, in mutual funds, or any other funds, in Canadian banks is acceptable to fulfill the residency conditions?

Any exemption request to Immigration, due to health disability, will be acceptable to them?



Business class immigration has three sub-classes. Yours sounds like the "business class" visa which requires establishing a business in Canada. Details of the rules are available here http://cic.gc.ca/english/business/entrep-1d.html" target="_blank">http://cic.gc.ca/english/business/entrep-1d.html</a>

As you can see the objective is not only to invest funds but actually start a business and employ a one full-time employee for a period of one year.

Extentions are given with a valid reason and at the discretion of the immigration officer. Exemptions are unheard of.

BV





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