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Doing Business and residing in Canada

Canada is the second largest country in the world by area. It has 27.5 millions in population that is concentrated in the south region, where the climate is milder. Its commerce and industries are concentrated in 6 major cities, Ottawa, Toronto, Vancouver, Calgary, Edmonton and Montreal.

Wheat, corn and canola production is the basis of her agricultural industry. Vast mineral reserves, forestry and petroleum are the other important resource economy. The industrial scene is highly diversified, with a wide range of manufactured products for both domestic and export markets. Very importantly, Canada is adjacent to a 277 millions people country called United States of America. United States leads the world in hi-tech and in a wide diversified range of business production. The combined over 300 millions population of the two countries also form a very powerful and vibrant consumer market for worldwide exporters.

Over the years, many foreign business men have selected and found Canada to be an excellent place to live and invest by using their particular business know-how and opened successful ventures. Canada has a comprehensive business immigration policy. There are three categories of Canada business immigrants - investors, entrepreneurs and self-employed persons.

Prospective investor immigrants must invest minimum of $400,000 into a Canadian government approval investment fund, which imposed repayment to investor after a period of five years. Also after invested, has a minimum net worth of $800,000 accumulated through their own endeavors.

Entrepreneur immigrants must be experienced business people who wish to buy or establish a new business in Canada and they will have an active manage. The business must create jobs for one or more Canadians and must make significant contribution to the Canadian economy.

Self-employed immigrants must have the intention and ability to establish or buying a business in Canada that create employment for themselves. The business must contribute significantly to the economy, or to the cultural or to the artistic life of Canada.

Exploratory visit to Canada is a good idea for an investor or business people to visit Canada before applying for permanent resident or investing in Canada. While in Canada, visitors can personally investigate market, financal structures, cost of living, seeking independent legal and financial advices on business.

To facilitate all our Chinese readers tobetter understand the Canadian business investment and living environment, we are pleased to provide the condensed information in Chinese language.

For more information, please contact, goldfair@worldandchina.com

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