When you are starting a new life abroad, several options can come to your mind to help you decide which is your best pathway. Is it via a study program, through a job offer, or will you focus on business opportunities in Canada?
Overall, Canada is the land of opportunities. It offers options for everyone to build the life they want to live. So, depending on your background and experience, you can decide on your most effective option. In this article, we will talk about business opportunities in Canada.
Business Opportunities in Canada for Foreigners
If you are an investor or an entrepreneur, there are many opportunities to open your business in Canada.
Here is a list of some of the most profitable ideas with a small budget.
Tire Store
If you want to begin a retail-based business in any city in Canada, a tire shop is a great option you can explore. However, the location is crucial for this business, so you must pay attention to it.
Spare Parts Selling Store
It is a fantastic business opportunity if you want to open your business in Canada. If you know about it, you can start by having a retail space in a commercial location in a city or a small town in Canada. It is a profitable niche in the automotive sector.
Catering Service
In Canada, people look for catering services for birthdays, weddings and small parties for friends or family. Indeed, it is a popular option in different towns and is one of Canada’s most incredible business opportunities.
So, suppose you have a well-organized kitchen and love cooking and serving people. Then, it may be your perfect option to start a business in Canada. Also, nowadays, it is essential to also make it available on social media to target more clients.
Cleaning Services
You can start a cleaning agency in Canada and grow in your community. It is some of the greatest business opportunities at a low cost. Overall, you can begin by offering services like window and air-duct cleaning and expand your business according to your needs.
Consulting Business Opportunities In Canada
If you are an expert in some particular field or have specialized knowledge, you can research business opportunities in Canada by opening a consultation firm.
It is an excellent option since it helps you to manage your own time and have some job flexibility. In addition, consulting firms continue to grow in different specializations, so it may be a great option to start your business in Canada.
SEO Consulting
Overall, every business wants a higher ranking on internet search engines. So, if you have the knowledge and skills of search engine optimization, you can consider starting an SEO consulting company.
Indeed, it is one of the profitable opportunities you have in Canada to run your own business. Furthermore, it is in high demand, and you can do it from home with a small budget.
Accounting Firm
Small businesses in Canada need professional accounting firms to take care of their accounting needs. Therefore, if you have experience in accounting activities, you can try to open a firm and offer your services in your city/town.
Pet Related Business
The pet industry is multiplying all over the world. And, of course, Canada doesn’t stay behind. Every year, people buy more pets and spend a lot of money on them to give them the best.
Pets are considered an important family member, and their treatments are getting more expensive yearly. In this scenario, starting a pet business from home is just a wise decision. So, if you love cats and dogs and love to be around them, it may be a fantastic option to start your business.
Business Opportunities in Canada – Visa Options
So, after deciding the type of business you want to open, it is also time to determine what business program is the best for you.
Start-Up Visa Program:
The Start-Up Visa is one of the most appealing programs, receiving huge interest every year. Via this program, you can immigrate to Canada and get PR in the shortest time possible.
Also, it is a good option if you don’t have an advanced English level. You don’t need a Language test for this program. Then you can arrive in Canada and improve your English here.
An immigration consultant or lawyer can help you match the best option for business opportunities in Canada, prepare your business plan and the documents you need to submit your Start-up Visa.
Owner Operator Work Permit
The Owner-Operator work permit LMIA, is for business owners who have or manage a business in their home country. If this is your case, and you want to move to Canada, you can register a company in Canada and start your business.
When foreigners explore their business opportunities in Canada, the Owner-Operator Work Permit is one of the most popular and cost-effective for starting your company.
Intra-Company Transferee
The ICT program is an excellent option if you already have a company in your home country and want to open a Canadian branch. This business program allows you to relocate key employees, or even yourself, to run operations in Canada.
Benefits of Business Opportunities in Canada
With a business visa, you can come with your family to Canada. Your spouse can receive an open work permit, while your dependent children receive a study permit.
FAQ’s Business Opportunities in Canada
What Happen if my Business Fails?
Your permanent residence won’t be affected if your business doesn’t meet the goals.
Do I need a Language Test to Apply for a Business Program?
No, you don’t need it. However, it is better to have at least a CLB 5.
How Can We Help?
In mana immigration, we have immigration lawyers and consultants experts in the business. We customize each case to ensure you have a smooth and successful process to start your business venture in Canada.
