Managing Lawyer
Our client, a well-established entrepreneur from Vietnam, contacted us to advise her on business immigration pathways concerning buying an existing business in Canada. The client had a budget between CAD $250,000 and CAD $350,000.
The facts of this case were:
Our business immigration lawyers analyzed the client’s business situation and the proposed purchase of the business. After careful consideration, the lawyers advised that the C11 Entrepreneur Work Permit was the best immigration pathway to pursue.
The Canadian corporation was registered on 26 August 2020, and the search for suitable business opportunities began.
On 9 April 2021, the partners purchased an existing beauty salon in Ontario. Shortly after, the business immigration application was submitted on 1 June 2021. The application experienced significant delays due to Covid-related IRCC issues and was approved on 3 August 2022.
Our client obtained a work permit, her spouse secured an open work permit, and their children received study permits. We are delighted to welcome a new family to Canada and cannot wait to see the new business succeed!
During the course of managing a business, entrepreneurs usually acquire numerous skills and specialized knowledge. A successful entrepreneur will even learn from their mistakes and search for areas of improvement. After all, operating a business is about learning, testing, and applying your skills and knowledge to real-life business situations. An entrepreneur can often apply skills and knowledge acquired from operating their business to managing a completely unrelated business in a different industry. These transferrable skills are incredibly valuable to any businessperson intending to start a business in another country.
In this case, our client is a perfect example of an excellent entrepreneur applying her transferrable skills! Although she is operating an internet café business in Vietnam, she was able to draw on her business knowledge to seek an exciting beauty salon business in Canada. Her experience as a business owner allowed her to see an opening in Ontario’s beauty salon industry and seize that opportunity.
Purchasing a business in a foreign country can lead to many uncertainties and more questions than answers. When you add immigration factors to that mix, the situation can overwhelm some. At Sobirovs, we allow you, the entrepreneur, to focus on your business while we make immigration a seamless and hassle-free process. We create tailor-made immigration plans for every client and ensure you achieve your business and personal goals. Our extensive experience allows us to manage various business immigration cases and scenarios successfully.
Take these 3 steps to learn more about your business immigration possibilities, and let’s team up to achieve your goals today: