Business Phone
Permanent Residency FAQ's
The permanent residency is a status given by the Canadian government. The person is not a Canadian Citizen. The aspirants who are temporarily living in Canada, i.e. as a student or worker are not a permanent resident.
When someone gets the Canada Permanent residency status, it allows him/her to live and study in that country on a permanent basis. The status of Permanent Residency Canada is not the same as that of citizenship but it leads to citizenship when one fulfils the requirements. A person who becomes a permanent resident of another country remains the citizen of their own country.
Every country will welcome skilled workers, students, businessmen and investors from India, depending upon the requirements of their education sector, labor market and economy’s growth. So, all Indians who qualify and have necessary skills, have required funds and are willing to move to another country will be eligible to apply for the PR status of that country.
Canada allows spouse and children to travel along with the principal application that gets the Permanent Residency status. Canada even allows parents to go with the main applicants. Even if parents and grandparents are not allowed, they give permission to the Permanent Residency status holders to sponsor them later after fulfilling the necessary requirements.
Canada gives permission for dual citizenship to their citizens once they get the citizenship. Many countries, including India do not allow for the dual citizenship. Indians are allowed to hold their Indian passports even if they get the PR for Canada. But, if they choose to apply for the citizenship, they will have to surrender their Indian passport.
The PR process requires the submission of the health and character related certificates. They have to submit along with the application. It is advisable to move to Canada before the expiry of the certificates.
For Indians seeking immigration, Canada has been one of the most preferred destinations. In 2021, 100,000 Indians got a new Canadian permanent residency visa. Canada’s migration system allows skilled workers to apply for permanent residency if they qualify for a program.
- Express Entry – Federal Skilled Worker
- Provincial Nominee Programs
As a proficient migration consultant, at Eminent, our focus is on helping you with the entire migration process of Permanent Residency and Citizenship (Temporary Residency Visa also). We would help you choose the best country for your family, study and business.
We are one of the top authorized consultants for settlement related services in India, especially by the Government of Canada. Our dedicated team of RCIC professionals has in-depth knowledge of the entire migration processes Canada. We have more than 14 years of experience in the field of migration and related services.
We have unique ways of assisting our clients and we offer unique solutions to them. We are transparent in our work and honest in our approach. This is our commitment towards you and that is also our promise to you. Your personal satisfaction and happiness is our reward.
Study Abroad FAQ's
There are many benefits of studying abroad as compared to studying in your home country. It is a known fact that most of the developed countries have a very good infrastructure. They provide good quality education to their students. Going abroad for higher studies helps you develop job skills, gain international exposure and improve your career prospects. You experience new places; new cultures and you make new friends from all around the globe. There is a chance to learn new foreign languages and gain global competencies. Besides this, you also learn valuable skills of adapting to the new surroundings and learning problem solving skills. In general, you will experience a complete transformation of your personality and you will come out as a more confident person.
Scholarships are a great way to fund otherwise expensive programs in Canada. Scholarships are generally granted by the universities and colleges to international students. The students who have exceptional academic achievements and with good profiles. In general, one has to apply for most of the scholarships, though there are some that may be provided by the college. Scholarship funding for international students in Canada is very competitive and limited also. They are generally available at the postgraduate level. Yet, scholarships are a great resource and help for the Indian students.
Students who wish to study in Canada have to submit documents for the admission requirements i.e., academics certificates and mark sheets, proof of English proficiency test, SOP for Canada, valid passport and letter of recommendation from the designated learning institute.
It is not possible to study in Canada for free of cost. There may be some universities which will give relaxation in the fee through some kind of scholarships and other grants. But some cost has to be borne by the students. Moreover, there are some other costs related to books and other study materials, accommodation, travel and other expenses. These expenses have to borne wherever one goes for higher studies.
- Government of Canada International Scholarships Program
- Vanier Canada Graduate Scholarships
- Fonds de recheche du Quebec Scholarships and Grants
- Pierre Elliott Trudeau Foundation Doctoral scholarships
For international students studying in the Canadian universities in 2019-2020, the national average tuition fee is around CAD 6,700 for the academic year 2021/2022. There is 1.7% increase in the average fee as compared to the previous year. The average cost of studying in the graduate program has also increased by 1.5% and it is around CAD 7,500. In general, humanities courses are cheaper as compared to the medicine programs and the MBA programs.
The Canadian student visa required that any student going to Canada for higher studies should have around CAD 10,000 besides the tuition fee. One must have more funds for meeting the daily living expenses. The living costs in Canada vary depending upon which city you are studying in. The rental expenses and you’re spending preferences. As per the Mercer Cost of Living Survey 2019, Toronto was the most expensive city to live in, which is very followed by Vancouver.
Going for higher studies abroad does involve funds depending upon the country. And the university fee structure and the type of courses one wants to pursue. But, following are the top 5 countries which offer education options for international students at lower costs.
- Germany
- Sweden
- Mexico
- Taiwan
- Denmark
Business & Investor FAQ's
There are a lot of benefits of investing funds in Canada. An increasing number of individuals who have the necessary expertise and ample resources try to explore overseas options. This is because they do not want to limit their business interests to their own country alone.
Attractive permanent residency programs for entrepreneurs, businesspersons and High Net-worth Individuals (HNIs) countries generated all across the globe. Many countries welcome successful business people who are seeking new opportunities and challenges.
Expansion of business abroad is beneficial as it allows a businessman or an entrepreneur to explore untapped overseas markets. They can expand their markets and gain more profits. It also gives them access to new locations, markets, resources and great infrastructure. Many countries also offer attractive tax benefits and funding options to the international investors. Many countries offer a much better business environment for the foreign investors.
The Ease of Doing Business Index tells us that there are many countries where it is easier to start new ventures. Invest overseas allows High Net Worth Individuals (HNWIs) to get the right to work, live and move in their new country of residency. A lot of such investors also explore several invest overseas options for their many residences, as part of their global investment strategy. Canada also has an attractive golden visa program for HNW individuals which offer by the Quebec Immigrant Investor Program. After getting the visa, the new immigrant gets the right to live and work in any province of Canada.
Many countries offer an investment or Business Visa to encourage immigrants. The people have proven experience in running a business. Also intend in establishing a business overseas or invest in another country. They could invest in opening either a new business venture or buying an existing business located overseas. By investing abroad, you are actually trying to contribute towards the economic growth of that country.
Business Immigration programs, under the Business & Investors’ categories designed to encourage investing and setting up their business operations in the foreign land. The most important criteria for this are the skills, expertise and individual net worth.
All this makes an individual eligible for the immigrant investor programs, which grants them fast-tracked investor visa. By investing in another country, these businessmen or investors try to make contributions towards economic growth of that country.
The eligibility requirements differ from country to country. It depends upon the requirements of that country and the type of investor visa that one is looking for. For instance, the qualified for a business immigration visa or an investor visa in Canada. The applicant must give a legal and valid proof of net worth, which may range between CAD 350,000 to CAD 800,000. This depends upon the province for which you are applying. Canada has 10 provinces and 3 territories, which invite people for investing there. The most expensive provinces are Ontario, Quebec and British Columbia. You must also have a least of 3 years of experience in business or five years of experience in a lead management role. You must also show your intention to settle in the province of your choice where you are applying.
The fund needs for investor visa vary from country to country and also depend upon the state or provinces of a country, say in Canada. The eligibility conditions also differ across countries and programs. For instance, a least of 50,000 GBP would require to apply for the Innovator visa of UK, if an individual has intentions to go and set up a business there.
In the British Columbia province, a least investment of CAD 200,000 would require to apply for the Investor Visa. Apart from this, the applicant must also have a personal net worth of at least CAD $600,000. For Manitoba province of Canada, one needs to invest a least of CAD $150,000-250,000 and have personal net worth of CAD $500,000-CAD 600,000. This is the investment funds requirements differ depending upon the province and its visa programs.
In general, the document requirements also differ from country to country. Different countries have different such conditions. This need also varies depending upon the kind of investor visa one intends to apply for. All this gave in the checklist provided by the designated official authority of the country you are going to invest in. In the UK, the requirements for the UK Innovator Visa differ from that of the Sole Representative Visa. The Innovator Visa requires does not must an ‘endorsement letter’ from an authorized body in UK, which is there if one has to apply for the Start-Up Visa.