84 UGLOBAL IMMIGRATION MAGAZINE
“ While the US EB-5 and Canada ' s Entrepreneur streams offer paths to permanent residency , their procedures significantly differ .
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for foreign business owners , including business transfers , franchise investments , or establishing new ventures .
2 . Education :
The cost of education in Canada is notably more affordable than in the United States , making its RBI route appealing , especially for those planning their children ' s college or university education .
3 . Healthcare :
Canada provides free public healthcare , a feature absent in the U . S ., a critical factor for those considering citizenship by investment .
How Business Immigration Works :
Regardless of whether applying for an EB-5 Visa or an Entrepreneur Visa , the fundamental concept of business immigration remains consistent – investing in a business within the country of intended immigration . Investment amounts , processing times , job creation requirements , and timeframes for achieving permanent residency vary significantly .
Comparative Overview :
Aspect USA ( EB-5 ) Canada ( C11 )
Investment Amount |
$ 800,000 to $ 1,050,000 USD |
$ 800,000 to $ 1,050,000 USD |
|
|
No minimum , recommended - $ 250,000 CAD |
Processing Times At least 10 jobs 2 + Processing Times Stage 1 : 18-29 months 3 weeks – 4 months
Family Members |
Eligible to join the principal applicant |
Spouse : eligible for work permit ; Children : free schooling |
|
|
( excluding post-secondary education ) |
Time to PR 4 + years 2 + years
Language Proficiency
Not required
Not required May be required
Choosing between permanent residency through investment in the United States or Canada demands a comprehensive assessment of factors such as investment prerequisites , job creation mandates , processing durations , and treatment of dependent children .
Individual circumstances and objectives play a pivotal role , and seeking legal counsel is advisable to navigate the complexities of these immigration procedures . Note that this information is subject to potential changes .
AFSHIN SARHANGPOUR
Afshin Sarhangpour , a seasoned Registered Immigration Consultant ( RCIC ) authorized by the Canadian government , boasts a 27-year career in global residency and citizenship by investment programs . He focuses primarily on Canada ' s start-up visa initiatives , designed to attract innovative foreign entrepreneurs and companies to the country . Supported by a dedicated team of business development professionals , he offers comprehensive services for launching or expanding ventures in Canada . With a track record of guiding numerous entrepreneurs and their families in establishing businesses and new lives in Canada , Sarhangpour is committed to aiding clients through every stage of immigration and business establishment .