program
Canada - ICT Visa Business Migration
Canada ICT Visa Program Overview
Minimum Investment
Starting from CAD 200,000
Minimum Investment
N/A Real Estate
Time to Residency
8 Months
Visa Free Access
29 Countries & Territories
Canada ICT Visa Requirements
Canada’s Intra Company Transferee (ICT) program is an immigration pathway under the International Mobility Program that allows qualified foreign business owners to expand their businesses to Canada and acquire a work permit.
With the ICT program, foreign business owners can establish a Canadian subsidiary, obtain the ICT work permit and apply for their permanent residency, and immigrate to Canada along with their spouse and kids under the age of 22 years.
Main Applicant Requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
Eligible Dependents
- Spouse of the main applicant
- Adult children (biological or adopted) under 22 years of age
Canada ICT Visa Benefits
Permanent Resident Status
You can apply for Canadian PR after living in Canada for 1 year.
Health & Education
The Canadian education and health systems are renowned globally for its high standards and emphasis on quality. By obtaining a Canadian residency you will be able to access free health care and you or your family can attend public schools in Canada for free.
Include your family
You can include your spouse and children younger than 22 as dependents.
Sponsor key employees
You can sponsor your key employees from the parent company.
Business Opportunities
Access to the Canadian and US markets for the expansion of your business, a secure and stable banking system, financing capital, and business opportunities.
CANADA - ICT VISA | Business Migration
Legal Basis
VARISA
Costs of Canada ICT Visa
Recommended Investment
CAD 200,000
Work Permit Application Fee
CAD 155
Employer Compliance Fee
CAD 230
Biometrics Fee
CAD 170
Spouse Open Work Permit Fee
CAD 255
Application Process For Canada ICT Visa
Application Process
8 Months
- Step 1The applicant will sign a contract with Savory & Partners. We will verify that the applicant has at least one year of experience in a managerial, executive, or specialized knowledge position within the company. We will also ensure that both the applicant and the company meet the ICT visa requirements.
- Step 2A business structure for the Canadian branch (subsidiary, branch office, or affiliate) must be chosen. Afterward, the branch should be registered with the appropriate authorities, necessary permits obtained, and a Canadian bank account set up.
- Step 3The applicant needs to develop a business plan detailing the Canadian branch's objectives, market strategy, and the role of the transferred employee. The transfer should be justified as essential to the branch's success.
- Step 4Savory & Partners will assist in gathering all required documents, including proof of employment, the business plan, and evidence of the qualifying relationship between the companies.
- Step 5We will submit the ICT work permit application online or at a Visa Application Centre (VAC). We will also monitor the status of the application during processing.
- Step 6Once the work permit is issued, Savory & Partners will review it for accuracy. The applicant will then need to arrange travel to Canada, ensuring compliance with all work permit conditions upon arrival and initiating operations at the Canadian branch.
PORTUGAL | RESIDENCY BY INVESTMENT
READY TO APPLY?
Visa-free Countries for Canada ICT Visa
Visa-free and visa-on-arrival countries
1 Country & Territory
Visa-free access
- Canada
Client Success Stories
Success Stories - A safe and bright future
The problem
Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.
The solution
When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.
We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.
Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.
Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.
With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.
Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.
Download brochure
Content
- Canada Country profile
- Benefits of the program
- Investment requirements
- Investment process
Length
4 pages
Language
English & Arabic
size
1 mb
ABOUT CANADA
CAPITAL
Ottawa
TOTAL AREA
9,984,670 km²
POPULATION
39,787,486 million
LANGUAGE(S)
English & French
CURRENCY
Canadian Dollars (CAD)
EXCHANGE RATE
CAD 1 = USD 0.73
GDP – PER CAPITA (2022)
USD 54,917.66
GDP – TOTAL (2022)
USD 2.138 trillion
About Canada
Canada is known for its stunning natural landscapes, multicultural cities, and high quality of life. It has a stable political environment, a strong economy, and a robust legal framework for business and investment. Canada offers a welcoming environment for immigrants and is renowned for its diversity and inclusive society. The country has a temperate climate with four distinct seasons, providing a variety of outdoor recreational opportunities year-round.
Canada experiences four distinct seasons, providing a wide range of recreational activities year-round. From skiing and snowboarding in the winter to hiking, fishing, and camping in the summer, Canada offers a plethora of outdoor activities.
Canada has strong global ties and is a member of several international organisations, including the United Nations, NATO, G7, G20, and the Commonwealth of Nations. Its strategic location and well-developed transportation infrastructure make it a hub for international trade and travel.
Canada's friendly immigration policies, high quality of life, and economic opportunities make it an attractive destination for individuals and families looking to relocate and build a prosperous future.
Where is Canada?
Canada has a vast geography that occupies much of the continent of North America, sharing a land border with the contiguous United States to the south and the U.S. state of Alaska to the northwest. Canada stretches from the Atlantic Ocean in the east to the Pacific Ocean in the west; to the north lies the Arctic Ocean.
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