Expanding into new markets is a strategic move for Indian businesses seeking growth and diversification. Canada, with its robust economy and numerous immigration programs, presents a promising destination for Indian companies looking to expand their operations. Leveraging Canada’s immigration programs, Indian businesses can access talent, explore new markets, and establish a strong presence in North America. Let’s explore some of the key immigration programs that Indian businesses can leverage to expand into Canada:
Temporary Options
1. Intra-Company Transfer (ICT)
Indian multinational corporations expanding into Canada can utilize intra-company transfer programs to deploy key personnel to their Canadian operations. The ICT program allows for the transfer of employees between a company’s international offices.
Whether transferring executives, managers, or specialized knowledge workers, Indian companies can leverage their global talent pool to support Canadian expansion initiatives and drive business success in new markets.
2. Entrepreneur Visas (C11)
The C11 Entrepreneur Visa program is specifically tailored for entrepreneurs, high-net-worth individuals, and experienced Indian managers interested in investing or starting a business in Canada. It offers Indian entrepreneurs a valuable opportunity to establish themselves in Canada, build successful businesses, and contribute to the country’s economic prosperity.
This work permit category is available to foreign nationals who seek to operate a business in Canada and can demonstrate the following:
- The applicant must control at least 50% of the Canadian business;
- Profits of the business will be predominantly in Canada; and
- The applicant’s entry to Canada in the requested position will provide economic stimulus and/or advancement of the Canadian industry.
The company will be required to prepare a detailed business plan which supports the viability of the business and how the business will attain these benefits.
3. Global Talent Stream (GTS) for Tech Talent
India’s booming tech sector can benefit from Canada’s Global Talent Stream (GTS), which facilitates the expedited entry of highly skilled foreign workers into Canada’s technology industry. Indian tech companies can recruit specialized talent in fields such as software development, artificial intelligence, and cybersecurity, enabling them to fuel innovation and growth in Canada’s vibrant tech ecosystem.
Permanent Options
1. Start-Up Visa (SUV)
Indian entrepreneurs with innovative business ideas can leverage Canada’s Start-up Visa program to establish their ventures in Canada. By securing investment and support from designated investors, Indian entrepreneurs can obtain permanent residency and access the resources they need to scale up their businesses in North America.
Eligibility Requirements
- Establish a qualifying business in which each applicant holds at least 10% of the voting rights.
- Obtain a letter of support from a designated organization.
- Applicants and the designated organization must hold at least 50% of the total voting rights.
- An applicant must have a Canadian Language Benchmark of 5.
- Meet the basic criteria for settlement funds.
Benefits
- Residency in Canada: As an entrepreneur, you and your family can apply for your Permanent Residency.
- The Start-up Visa allows businesses to identify any city in Canada (outside of Quebec) as their intended location.
- Up to five people may apply as shareholders provided that each applicant holds a minimum of 10% of the voting rights of the outstanding shares.
The Start-Up Visa Program offers a unique and exciting pathway for Indian startups to thrive in Canada’s diverse and entrepreneurial-friendly environment.
2. Provincial Nominee Programs (PNP)
Many Canadian provinces have their own Provincial Nominee Programs (PNPs) that allow them to nominate individuals with the skills and resources they need to thrive in their local economies.
Canada’s PNPs offer tailored immigration pathways for Indian businesses looking to expand into specific provinces or territories. Whether it’s Ontario, British Columbia, Alberta, or elsewhere, Indian businesses can partner with provincial governments to nominate skilled workers, entrepreneurs, and investors who meet local labor market needs and economic priorities.
3. Express Entry System for Skilled Workers
Indian businesses can tap into Canada’s skilled workforce through the Express Entry system. By sponsoring skilled professionals for permanent residency, businesses can address talent shortages and enhance their competitiveness in the Canadian market. Whether in technology, engineering, healthcare, or finance, Indian businesses can leverage the Express Entry system to recruit top talent and drive innovation.
Canada’s immigration programs offer Indian businesses a range of opportunities to expand into new markets, access talent, and drive innovation. Whether recruiting skilled professionals, supporting entrepreneurial ventures, or facilitating intra-company transfers, Canada provides a welcoming environment for Indian businesses looking to establish a strong presence in North America. By leveraging Canada’s immigration pathways strategically, Indian companies can unlock new growth opportunities and position themselves for long-term success in the dynamic Canadian market.
To discuss the various immigration options that might be available to help your business grow in the Canadian market, we invite you to contact us for more information.
