Each province has established the equity and investment requirements that the candidate for permanent residence under this category must demonstrate and make. Required capital amounts range from $ 300,000 CAD to $ 800,000 CAD with the lowest required investment amount being $ 100,000 CAD.
These programs are normally managed by point systems. The candidates with the highest scores are invited to present the official proposal of their business and those who are selected initially receive a work permit with a duration of 2 years. During this time, the business must be started and the provisions of the business plan initially presented to the province must be complied with. Once compliance is demonstrated, the province nominates the candidate for permanent residence in Canada.