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Canada Immigration Forum
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> Topic:
Registering a business in canada to maintain PR status
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Topic: Registering a business in canada to maintain PR status (Read 361 times)
cango
Full Member
Posts: 22
Ratings: +1
Registering a business in canada to maintain PR status
«
on:
May 26, 2011, 09:43:58 pm »
Hello, I currently live in USA. I got my PR around 2.5 years ago. I am worried that i would loose the PR status and hence planning to start a business and register in canada. I am thinking to do this because i can start maintaining a history in canada and also will be paying taxes in canada. I have no plans to buy a physical office. I still dont have any plans to come back to canada soon. For all the registration and tax work i am planning to work with a tax agent (CPA) from canada.
This is not just for this sake but i am seriously planning to setup a business, and thought registering in canada might as well help me maintain my PR status as well.
Can someone please tell me if this will help me maintain my PR status? Any kind of considerations?
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steaky
Champion Member
Posts: 2866
Ratings: +63
Re: Registering a business in canada to maintain PR status
«
Reply #1 on:
May 26, 2011, 10:07:12 pm »
I don't think this will work.
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visheshmalhotra13
Hero Member
Posts: 408
Ratings: +7
Category........: FSW1
Visa Office......: New Delhi
NOC Code......: 1111
Re: Registering a business in canada to maintain PR status
«
Reply #2 on:
May 26, 2011, 10:49:48 pm »
It will really not work...coz when you enter and leave Canada, it is recorded every time and to be PR you need to be physically present there. This is worthless. Whether business is in books or actually present, you cannot claim it for PR until you are physically present there.
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