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What are the requirements and guidelines regarding the business I can invest in to obtain residency in Ontario, Canada?

I have family members in Toronto, ON, who have offered to sell me their established business to help me obtain residency through the Ontario Immigrant Nominee Program. Is this feasible? Are there limitations to what businesses one can purchase for this purpose? Would a start-up make more sense?

  • JTH Lawyers Inc.
    October 04, 2022

    There are always a lot of factors to consider when one looks for the best way to immigrate. In this case for example: what is the age / family composition / business considered for sale / background experience, etc.? Three persons asking the exact same question could have 3 different answers. To get a precise answer, explore your options with an experienced immigration lawyer and get a tailor-made solution.