The Intra-Company Transfer Program is best suited for entrepreneurs who already own a business in a country other than Canada and are willing to start or run a new business in Canada. This program enables the business owners to move to Canada and build a new business there.
The entrepreneurs who are applying through the Intra Company Transfer program are supposed to consolidate their company in Canada and provide a comprehensive business plan that includes the financial estimates and a hiring plan. Also, his pre-existing business in the other country must have been in existence for at least the past 12 months. If the candidate can fulfill these conditions, he/she will be granted a 1-year work permit, which allows the candidate to work in Canada. The initial Intra Company Transfer Visa can be extended for 5-6 years if the candidate meets these criteria: Intra Company Transfer Requirements.
The initial duration of an Intra Company Transfer Visa or work permit is generally 1 year as granted by the IRCC. However, the intra company transfer work permit can be renewed under the following conditions:
Here is the eligibility criterion for the people who can apply through the Intra company transfer program. The general intra-company transfer requirements for the business owners include:
Like all business immigration, this is a complex process with plenty of moving parts requiring a coordinated strategy and strong expertise from your immigration and business consultants, and we at PAIC excel in this domain.
Regulated Canadian Immigration Consultant (RCIC) License No. R406367, Halifax, Nova Scotia. Canada. Our RCIC, Paul Abraham, has years of experience and expertise in guiding individuals from around the globe, about Canada Permanent Residency. He has been delivering honest world-class Canadian Immigration Services for many years. PAIC offers a promising range of Immigration support and services under the expert supervision and leadership of our RCIC, Paul Abraham, and we will provide world class expert immigration analysts. PAIC is ready and able to cater to the individual needs of our clients and with dedicated ethical, honest, and professional practice.