No you cannot work. You cannot open a business. A Canadian or PR has to own the business with you as a partner.
Can I open a business on visitor visa?
- Thread starter xmax23
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Since you didn't study in Canada, I think the Rural Entrepreneur may be you only possible option.
Just listing the first 2 requirements. But it's a long process and your plan needed to be selected. And the whole point of this is to provide employment opportunity for Canadian in rural areas where there aren't many jobs. (may be not many businesses too)
Rural Entrepreneur Stream – Eligibility | Alberta.ca
| Area | Requirements |
|---|---|
| Work experience | Have either a minimum 3 years of experience as an active business owner/manager or a minimum of 4 years of experience as a senior manager within the past 10 years. |
| Education | Completed a minimum of high school equivalent to the Canadian standard with an Education Credential Assessment (ECA). The Immigration, Refugees and Citizenship Canada (IRCC) website lists the designated organizations for ECAs |
| Community support letter | Candidates must have a Community Support Letter from a participating rural Alberta community. |
|---|
Submission of a Business Application or nomination by the AAIP does not guarantee you will be issued a permanent resident visa.
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Why will it be dumb? Like someone invested 400k in public-listed stocks and still make money when they realized the gain or receives dividend income.
If I can’t work, I’m not investing my money. This is ridiculous, who put tons of money to end up not working
Ive a ms degree from the UK.
i expect to hire 9 people immediately after I open my machine shop. I literally don’t want the pr. I just need to jump up my business at the start then I’ll hire a manager later one.
I’m not
This is a real business not a bridge to get residence. I don’t plan to live there after 1 year. I need to establish my business and work it up for a year then hire a manager. I don’t plan to live there for rest of my life
I’m not investing in stocks.
This is a real business not a bridge to get residence. I don’t plan to live there after 1 year. I need to establish my business and work it up for a year then hire a manager. I don’t plan to live there for rest of my life
Then look into this stream. It's nice to have a new employer for 9 ppl in the rural area.
If you don’t want to secure residency or live in Canada this plan makes no sense unless for nefarious purposes.
I don’t want to live there permanently. Probably 1 or 2 year max till the business stand on their feet.
Aren’t there work visa? Or business visa?
I don't need a work permit. Just clarifying that $250K doesn't buy much in the way of machine shop equipment and I'd hazard to guess wouldn't employ 9 people, especially in the current climate. We are in a major center and I can't find machinist for the equipment I have.
Yes and hiring 9 workers (assuming some are machinists and some just general workers) won't be cheap in Canada.
Their salaries can get up to 250K pretty quickly.
From my understanding I can open business but I can’t get work permit. This is such a ridiculous idea to invest.