+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Buying an existing business - non Canadian

krsb88

Member
May 6, 2016
11
0
Hi ,

Does anybody know the procedure and likelihood of purchasing an existing business in Canada for a Non-Canadian?
I am from the UK and would like to effectively move out to Canada. My prospect is to own an existing business there.

Can someone help with the procedure or does anybody know if I can get a PR this way?

Thanks.
 

XpressEnterprise

Hero Member
May 21, 2014
603
68
Montreal, Canada
Category........
Visa Office......
Islamabad, PK (old)
Job Offer........
Pre-Assessed..
App. Filed.......
03-01-2008
Doc's Request.
21-02-2012
Nomination.....
13-07-2007 (Investor)
AOR Received.
19-08-2008
IELTS Request
Waived
File Transfer...
20-04-2011 (London, UK)
Med's Request
29-08-2012 / 29-03-2014
Med's Done....
05-10-2012 / 20-06-2014
Interview........
01-12-2010 (Damascus, Syria)
Passport Req..
21-02-2012 (PPR1) / 15-10-2014 (PPR1 with chart) / 17-11-2014 (PPR2)
VISA ISSUED...
17-11-2014 (Received on 01-01-2015)
LANDED..........
12-04-2015 (PR Card : 09-07-2015)

formalboygirl

Star Member
Jun 8, 2012
173
4
Job Offer........
Pre-Assessed..
LANDED..........
01-04-2011
are you resident or visitor? please be specific thanks
 

Happy007

Full Member
May 20, 2016
40
2
formalboygirl said:
are you resident or visitor? please be specific thanks
[/quote
What kind of business is safe for investment in Canada for the new immigrants? Any idea??
 

scylla

VIP Member
Jun 8, 2010
92,917
20,532
Toronto
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
28-05-2010
AOR Received.
19-08-2010
File Transfer...
28-06-2010
Passport Req..
01-10-2010
VISA ISSUED...
05-10-2010
LANDED..........
05-10-2010
If your aim is PR, you should be looking at starting a business rather than buying an existing one. Buying an existing one most likely won't get you PR. You should look into the Start Up immigration program for more information.
 

Shani1214

Full Member
Feb 23, 2018
26
7
Can a permanent resident buy an already established/running business in Canada? If Yes, What is the procedure ?