CPTPP – Canada Investor Work Permit Program

Eligible applicants must be a citizen of Australia, Brunei, Chile, Japan, Mexico, Peru, Singapore, or Vietnam, or a permanent resident of Australia. They must be at least 18 years old, have a clean criminal record, and meet Canada's medical admissibility requirements. They must also hold over 50% of the company's shares, work in a supervisory or executive capacity with a high degree of control over operations, ensure the business is a genuine commercial venture producing goods or services for profit, and confirm that all investment funds come from legitimate sources.

Typically, applicants should make a business investment of at least CAD 100,000. Where the business plan involves extensive infrastructure or higher anticipated expenses during the first two years of development, a higher level of investment may be necessary.

The Canadian government does not impose specific industry restrictions under the CPTPP program. Any legitimate and active commercial venture with the intent to generate profit through the provision of goods or services may be considered. Applicants must submit a comprehensive business plan outlining their vision, investment strategies, market analysis, and plans for future growth, demonstrating the venture's potential viability and alignment with Canadian economic interests.

Yes. Applicants can use an existing Canadian company if they hold more than 50% of the company's shares. Those who own 50% or less may consider establishing a separate business in Canada to support their investor work permit application under CPTPP.

Yes. Successful applicants can assist their minor children in applying for study permits to accompany them to Canada. Additionally, citizens of Australia, Chile, Japan, or Mexico can also help their spouse or common-law partner apply for a spousal open work permit. Spouses or common-law partners of citizens of Vietnam, Peru, and Brunei are not currently eligible for a spousal work permit under CPTPP.

The program offers a one-year employer-specific work permit upon approval, the ability to work on developing a Canadian company, no age limit, no personal net worth requirement, quick processing time of approximately 3 months, the opportunity to extend the work permit upon expiry, and the opportunity to bring dependent family members to Canada following approval.

The process involves gathering essential business and personal documents, applying for an offer of employment from Canadian immigration authorities using the company under the applicant's ownership, preparing and submitting the work permit application, and upon approval, travelling to Canada to collect the work permit.

The typical processing time is approximately 3 months. Actual processing times may vary depending on changes in IRCC's capacity, the applicant's place of residence, and the complexity of the individual case.