Canada
Alberta Rural Entrepreneur Immigration
Alberta Rural Entrepreneur Immigration
Alberta Rural Entrepreneur Immigration is an economic immigration program.
Entrepreneurs who start a business or purchase an existing business in a rural Alberta community can apply to be permanent residents.They have to locate their businesses in communities outside of the Edmonton and Calgary census metropolitan areas with a population size of less than 100,000.
Alberta Entrepreneur Immigration is Canada's Provincial Nominee Program and is a two-step process:
1) Apply for an Alberta work visa. (work visas generally have a validity of 2 to 3 years)
2) Start a business in Alberta for 12 months. (minimum investment of CAD 100,000 and hire a local employee for 6 months)
Time to residency
3.5 years
Residency requirement
Within every 5 years, applicants are required to reside for 2 years
Visa-free travel
185 countries and regions
Taxation
Canadian tax rates are complex and it is advisable to consult a local tax preparer.
Passport rank
8th in the world
Established time
2022
Application Requirements
1. Family net worth: Either the principal applicant or both the applicant and spouse have a net worth of at least CAD 300,000.
2. Business management experience in the last 10 years:
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Shareholding management experience of 3 years or more; or
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Senior management experience of 4 years or more.
3. Education: High school diploma or above;
4. Minimum Language Requirement: IELTS CLB4 (Listening 4.5, Reading 3.5, Speaking 4, Writing 4);
5. Entrepreneurship requirements:
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Invest at least CAD 100,000 in Alberta remote areas or rural Alberta communities.
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Hire at least one Canadian citizen or permanent resident as a full-time employee and work no less than six months (business owners and close relatives are not considered full-time employees.)
Program Benefits
Reasonable application requirements:
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The asset requirement for applying to the province of Alberta is only CAD 300,000,
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Only 4 years of management experience is required.
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High school students may also apply.
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There is no upper age limit.
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The minimum investment amount is as low as CAD 100,000.
Abundant investment opportunities: As Canada's most economically developed province, Alberta has thriving forestry, oil and gas industries and has a population of over 4 million people, creating a wealth of investment opportunities.
Low cost of living: Among the four northern regions of Canada, Alberta is unique for its comparatively lower provincial tax rates, distinguishing it from other provinces.
