Are there conditions attached to a Canada Immigration Visa issued under the Entrepreneur Program?
Yes, the Entrepreneur must, within three years of arriving in Canada:
- Control a percentage of equity of a qualifying Canadian business equal to or greater than one-third;
- Be active in the management of the qualifying Canadian business, and
- Establish at least one full time job for a Canadian citizen or Permanent Resident other than the Entrepreneur and family members.
If the Entrepreneur does not fulfill these conditions, there is a possibility of losing Canadian Permanent Resident status.