Hi,
I am FSW - Outland applicant, was employed before, waiting for my PR to get confirmed, meanwhile i have got a great opportunity to start my own business.
For the initial few months, the business need not be registered. Only after you hit a certain revenue limit, you have register your business.
My question is if i start this business and assuming i earn good profits but i do not register it as business, should this money be declared when i land in canada? And would they ask the source of this income? Is it safe to start a business before you have landed in canada as you are going through the FSW stream?
These question have kept me awake through the nights, i do not want to miss the opportunity, at the same time i do not want to put my PR at risk.
Any expert has any suggestions on how to proceed.
Thank you very much advance!
I am FSW - Outland applicant, was employed before, waiting for my PR to get confirmed, meanwhile i have got a great opportunity to start my own business.
For the initial few months, the business need not be registered. Only after you hit a certain revenue limit, you have register your business.
My question is if i start this business and assuming i earn good profits but i do not register it as business, should this money be declared when i land in canada? And would they ask the source of this income? Is it safe to start a business before you have landed in canada as you are going through the FSW stream?
These question have kept me awake through the nights, i do not want to miss the opportunity, at the same time i do not want to put my PR at risk.
Any expert has any suggestions on how to proceed.
Thank you very much advance!