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Entrepreneurs

There are three main sub-categories in the Business Class: Entrepreneurs, Investors, and Self Employed Immigrants.

You may be able to immigrate as an Entrepreneur if you can demonstrate that you have the ability to establish, purchase or make a substantial investment in a business in any country that will create employment opportunities for that country citizen or permanent resident other than yourself or your dependants.

An Entrepreneur immigrant may start up a new business, or invest in an existing one as a sole owner or an active partner, as long as it meets the terms and conditions. It is very important to be aware of which terms and conditions apply to you. It can be found on your permanent resident document. Those who have a two-year term must be aware of the country guidelines for acceptable business investments. Entrepreneurs must take an active management role.

If you have a net worth of at least required country $ for doing business, and have business experience as an equity-owner of a qualifying business, you may qualify for immigration in either class. Your decision should be based on what you plan to do in that country. If you do not intend to be involved in the management of your own business, apply as an Investor. If you plan to become actively involved in the management of your own business or a partnership, apply as an Entrepreneur.

It is a good idea to explore various sources to identify good business opportunities. Sources include advertisements in the local newspapers, websites, business brokers, friends, or personal site visits. Please do a thorough assessment of the business before making any investment

Any comments or concerns regarding the above or other Immigrant can be addressed by Cyrus S. Nallaseth, PLLC.

If you require more information or if you have any queries or suggestion please write to us at info@WorldwideImmigration.com

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