Guide 5: Business Immigration Comparison Chart
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SUMMARY
Canada offers a range of business immigration programs, each designed to attract entrepreneurs, investors, and self-employed individuals who wish to contribute to the Canadian economy. These programs offer different pathways, requirements, and opportunities for those seeking to establish businesses and settle in Canada. In this guide, we'll provide a detailed comparison of various business immigration programs, highlighting key criteria and features.
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BUSINESS IMMIGRATION COMPARISON CHART
For the most up-to-date information on these programs and their eligibility criteria, you can visit the Immilib page of the respective program by clicking the page link next to it.
| Point System | Minimum Language | Minimum Education | Age | Net Worth | Management Experience | Required Investment | Expression of Interest | Business Plan | Business Performance Agreement | Support Letter | Exploratory Visit | Number of Applicants | |
| FSE Program Closed | Yes | None1 | N/A | N/A | Settlement Funds 4 | Self-employed Experience | Not Specified | No | Not Mandatory | N/A | N/A | No Required | 1 |
| SUV | No | CLB 5 | N/A | N/A | Settlement Funds 4 | N/A | Not Specified | No | Yes | N/A | Yes | No Required | 1 to 5 |
| QE1 | Yes | B2 (Fr) | High School | N/A | Settlement Funds 4 | N/A | Not Specified | No | Yes | N/A | Yes | No Required | 1 |
| QE2 | Yes | B2 (Fr) | High School | N/A | $900,000 | N/A | $200,000 or $300,000 | No | Yes | $300,000 or $200,000 Deposit | N/A | No Required | 1 |
| QIIP | Yes | N/A | N/A | N/A | $2,000,000 | 2 years | 1,200,000 (Can be financed) | No | No | N/A | N/A | No Required | 1 |
| QSE | Yes | B2 (Fr) | High School | N/A | $100,000 | Self-employed Experience | N/A | No | No | $50,000 or $25,000 Deposit | N/A | No Required | 1 |
| AF | No | None 1 | N/A | N/A | $500,000 | Farm Management | $500,000 | No | Yes | N/A | N/A | No Required | 1 |
| AFGE | Yes | CLB5 | Post-Secondary | N/A | Settlement Funds 4 | 6 months 2 | $100,000 or $50,000 | Yes | Yes | 12 months on Work permit | Yes | No Required | 1 |
| AGE | Yes | CLB7 | 2-year post-secondary in Alberta | N/A | N/A | 6 months 2 | N/A | Yes | Yes | 12 months on Work permit | N/A | No Required | 1 |
| ARE | Yes | CLB4 | High School | N/A | $300,000 | 3 years ownership or 4 years Management | $100,000 | Yes | Yes | 12 months on Work permit | Yes | Mandatory | 1 |
| BCEB | Yes | CLB4 | Post-secondary 3 | N/A | $600,000 | 3 years ownership or 4 years Management | $200,000 | Yes | Yes | 12 months on Work permit | N/A | Recommended | 1 to 2 |
| BCER | Yes | CLB4 | Post-secondary 3 | N/A | $300,000 | 3 years ownership or 4 years Management | $100,000 | Yes | Yes | 12 months on Work permit | Yes | Mandatory | 1 |
| MBIE | Yes | CLB5 | High School | N/A | $500,000 | 3 years | $150,000 or $250,000 | Yes | Yes | 12 months on Work permit | N/A | Mandatory | 1 |
| MBIF | No | None 1 | N/A | N/A | $500,000 | 3 years | $300,000 | Yes | Yes | $75,000 Deposit | N/A | Mandatory | 1 |
| MISE | No | CLB7 | 2-year post-secondary in Manitoba | 21 to 35 | Settlement Funds 4 | N/A | Not Specified | Yes | Yes | 6 months on Work permit | N/A | Mandatory | 1 |
| NBBI | Yes | CLB5 | High School | 21 to 59 | $500,000 | 3 years ownership or 6 years Management | $150,000 | Yes | Yes | 12 months on Work permit | N/A | May be required – Recommended | 1 |
| NLE | Yes | CLB5 | High School | 21 to 59 | $600,000 | 2 years ownership or 5 years Management | $200,000 | Yes | Yes | 12 months on Work permit | N/A | Mandatory | 1 to 10 |
| NLIGE | Yes | CLB7 | 2-year post-secondary in Memorial or College of North Atlantic | 21 or older | N/A | 1 year in Newfoundland and Labrador | Not Specified | Yes | Yes | N/A | N/A | N/A | 1 to 3 |
| NTB | No | CLB4 | As necessary for business | N/A | $250,000 or $500,000 | As necessary for business | $300,000 or $150,000 | No | Yes | 12 months on Work permit | N/A | Mandatory | 1 |
| NSE | Yes | CLB5 | High School | 21 or older | $400,000 or $600,000 | 3 years ownership or 5 years Management | $150,000 or $100,000 | Yes | Yes | 12 months on Work permit | N/A | Mandatory if purchasing business | 1 |
| NSIGE | Yes | CLB7 | 2-year post-secondary in Nova Scotia | 21 or older | N/A | 1 year in Nova Scotia | Not Specified | Yes | Yes | N/A | N/A | N/A | 1 |
| OE Program Closed | Yes | CLB4 at nomination stage | N/A | N/A | $800,000 or $400,000 | 2 years | $600,000 or $200,000 | Yes | Yes | 10 months on Work permit | N/A | Mandatory if purchasing business | 2 |
| PEBWP | Yes | CLB4 | High School | 21 to 59 | $600,000 | 3 years ownership or 5 years Management | $150,000 | Yes | Yes | 12 months on Work permit | Optional | Recommended | 1 |
| SE | Yes | None 1 | N/A | N/A | $500,000 | 3 years | $300,000 or $200,000 | Yes | Yes | 6 months on Work permit | N/A | Mandatory if purchasing business | 1 |
| SF | No | N/A | N/A | N/A | $500,000 | 3 years farm management | $150,000 | No | Yes | $75,000 Deposit | N/A | Yes | 1 |
| SF (Young Farmer) | No | N/A | N/A | Under 40 | $300,000 | 3 years farm management | $150,000 | No | Yes | $75,000 Deposit | N/A | Yes | 1 |
| SIGE | Yes | CLB7 | 2-year post-secondary in Saskatchewan | 21 or older | N/A | 1 year in Saskatchewan | Not Specified | Yes | Yes | N/A | N/A | N/A | 1 |
| YB | Yes | CLB4 | High School | N/A | $500,000 | 3 years of 5 years non-management related experience | $300,000 | Yes | Yes | 12 months on Work permit | N/A | Recommended | 1 |
- While knowledge of one of Canada's official languages is not mandatory, your application may be denied if you lack proficiency in either language.
- Management Experience may not be required if you have experience working with a business incubator or accelerator
- Education requirement waived if you have experience as an active business owner-manager with 100 per cent ownership for at least 3 years
- In addition to the minimum settlement funds, net worth will be considered for the purpose of evaluating the potential for you to successfully execute on your business plan.
WELCOME TO CANADA!
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