Entrepreneurs: Arriving—Meeting the conditions of the Entrepreneur Program
After you arrive in Canada, you must comply with the conditions of the
Entrepreneur Program. If you do not comply, your permanent resident status
in Canada could be revoked. The permanent resident status of your family
members also depends on your compliance.
Within three years of becoming a permanent resident:
- You must control at least one-third of the equity and actively manage a
qualifying Canadian business for at least one year after becoming a
permanent resident.
- The business must have created the equivalent of at least one full-time
job (1,950 hours of paid employment) for a Canadian citizen or permanent
resident (other than yourself and your dependants).
The business must not have been operated primarily for the purpose of
deriving investment income (such as interest, dividends or capital gains).
Evidence of compliance
An entrepreneur who becomes a permanent resident must provide to an
officer evidence of compliance with the conditions within the period of
three years after the day on which the entrepreneur becomes a permanent
resident.
Report and evidence of efforts to comply
An entrepreneur must provide to an officer:
a. Not later than six months after the day on which the entrepreneur
becomes a permanent resident, their residential address and telephone
number; and
b. during the period beginning 18 months after and ending 24 months after
the day on which the entrepreneur becomes a permanent resident, evidence
of their efforts to comply with the conditions.
To remain in Canada as an entrepreneur, you and your family members must
do the following within three years of becoming a permanent resident:
- You must have controlled and actively managed a qualifying Canadian
business for at least one year after becoming a permanent resident.
- You must be able to support your family, including children, spouse or
common-law partner.
The business must have created at least one full-time job equivalent for a
Canadian citizen or permanent resident (other than yourself and your
dependants).
You must report regularly to an officer at a Citizenship and Immigration
Centre closest to your residence. The officer will advise you on how you
can meet the conditions of your permanent residence in Canada.
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Six month mail in Card..
http://www.cic.gc.ca/english/pdf/kits/forms/IMM5548B.pdf
Entrepreneur monitoring report
http://www.cic.gc.ca/english/pdf/kits/forms/IMM5486B.pdf
Application to remove “ terms and conditions”
http://www.cic.gc.ca/english/pdf/kits/forms/IMM5547B.pdf
Let CITRN professional staff assist you in removing thee terms and conditions
