Are you looking for an opportunity to immigrate to Canada as an entrepreneur? The Canada Business Immigration Program CPTPP–T50 could be the perfect pathway for you. This special program is designed to attract entrepreneurs and investors from CPTPP member countries to Canada.
By establishing or acquiring a potential business, you not only contribute to Canada’s economy but also unlock long-term immigration opportunities for your entire family. Join Phan Immigration as we explore the details of this program in the article below!
CPTPP – T50 Trade Agreement in the Asia–Pacific Region
What is the CPTPP – T50 Trade Agreement?
The CPTPP – T50 (short for Comprehensive and Progressive Agreement for Trans-Pacific Partnership) is a major free trade agreement among 11 member countries: Canada, Australia, Japan, Mexico, New Zealand, Singapore, Vietnam, Brunei, Peru, Malaysia, and Chile. The CPTPP officially came into effect in December 2018, after being ratified by the first six countries, including Canada.
The main objectives of the CPTPP are:
- Strengthening and expanding economic relations among member countries, promoting economic growth, and creating deeper economic cooperation opportunities within the Asia–Pacific region.
- Improving business quality and innovation by reducing tariffs while minimizing barriers to the transfer of goods and services.
- Enhancing standards and regulations for labor rights protection and environmental sustainability.
- Helping member countries increase their competitiveness in the region, particularly as China is not part of the agreement, while also creating a larger and more attractive market for businesses and investors.
In addition to this program, if you have a technology start-up idea, you should also explore the Canada Start-up Visa — a pathway specifically designed for innovative entrepreneurs.
Investment Opportunities Exclusively for Vietnamese Entrepreneurs
Vietnam officially joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on January 14, 2019. Under the Canada Entrepreneur Immigration Program CPTPP – T50, Vietnamese citizens, along with their spouses and dependent children, may qualify for a Canadian work visa valid for up to one year. This visa allows them to establish a new business or acquire an existing one in Canada, thereby creating economic benefits for both sides. The visa can be extended after one year, depending on the growth and performance of the business.
Key Benefits of the Program
The Canada Entrepreneur Immigration Program CPTPP – T50 offers attractive settlement opportunities for investors with the following advantages:
- Investors are not required to prove the origin of investment funds, saving significant time and effort in preparing documents.
- The program does not impose a minimum investment amount, giving investors the freedom to choose the scale of investment that matches their financial capacity and business plan.
- No need for competitive selection or waiting for an invitation to apply — investors can directly submit their application, shortening the processing time.
- Investors are free to operate their businesses in any province or territory across Canada, according to their strategy and business goals.
With these outstanding advantages, this program is an ideal choice for forward-looking investors who wish to establish long-term settlement in Canada.
Alongside the CPTPP, many investors also consider immigrating to Canada through traditional investment programs, which require a minimum capital but have clear procedures.
Who is eligible to participate in the CPTPP – T50 program in Canada?
The Canada business immigration program under CPTPP – T50 is suitable for applicants with business management experience or senior executive experience (such as department head or CEO). To become a strong candidate for the program, investors must meet the following criteria:
- Hold at least 50% ownership in a business in Canada.
- Make an investment of sufficient size that can bring tangible economic benefits to Canada.
- Prove that the investment has already been made or is in the process of being implemented.
- Have business management experience as an owner or previously held senior executive positions.
CPTPP – T50 Program Review Process
Here are the main steps in the detailed review process of the CPTPP – T50 program:
Step 1: Assessment and file review
- Carefully review the applicant’s profile, including management experience (as business owner or senior executive) and related documents.
- Develop an appropriate business stream plan in Canada.
Step 2: Preparing documents for Work Permit application
- Provide all required personal legal documents as requested by the Canadian government.
- To prove financial capacity for the business project, the investor must authorize a lawyer in Canada to manage the investment funds or open a Canadian bank account with the required capital for the business plan and provide proof to the immigration authorities.
Step 3: Travel to Canada and start operating the business
- After arriving in Canada with the Work Permit, the investor will implement business activities according to the proposed plan.
Step 4: Apply for provincial nomination or federal program to obtain permanent residence for the family
- The Canada business immigration program under CPTPP – T50 offers multiple pathways for investors to apply for permanent residence for the whole family. Common options include the Express Entry program or Provincial Nominee Program (PNP). The choice of program depends on the investor’s English proficiency, work experience, and the province/city where the business is established.
Step 5: Complete procedures and apply for citizenship
- Once permanent residency is obtained and the investor has lived in Canada for at least 1,095 days (3 years) within the last 5 years, they can apply for Canadian citizenship. Other requirements include:
- Maintain permanent resident status in Canada.
- File personal income tax for at least 3 out of the last 5 years.
- Pass the citizenship test (knowledge about Canada, rights and responsibilities of citizens).
- Have basic English or French proficiency.
Register for Canada Immigration Consulting Services under the CPTPP–T50 Program at Phan Immigration
Phan Immigration is a licensed immigration consulting firm authorized by the Government of Canada, proudly providing personalized immigration solutions—especially for those interested in Canada’s business immigration program under CPTPP–T50. We serve as a solid bridge between Vietnam and Canada, committed to offering safe, efficient, and cost-optimized immigration pathways. Beyond helping you achieve your immigration goals, Phan Immigration accompanies you in building a stable life and advancing your career in Canada.
When choosing CPTPP–T50 Canada immigration consulting services at Phan Immigration, you will benefit from:
- Experienced and licensed experts: With over 15 years of experience in Canadian immigration consulting, our experts are licensed by the College of Immigration and Citizenship Consultants (CICC), ensuring you receive professional and trustworthy advice.
- Comprehensive and personalized consulting services: Phan Immigration provides in-depth consulting tailored to each client’s needs and circumstances, ensuring a clear and effective immigration pathway.
- Extensive partner network in Canada: We maintain close relationships with immigration lawyers, economic advisors, and local businesses across Canada, giving you strong support throughout your immigration journey and settlement in Canada.
- Commitment to transparency and client-first approach: Phan Immigration guarantees transparency in all information and processes, while assuming full responsibility to bring peace of mind and trust to every client.
Business immigration to Canada through the CPTPP–T50 program is a smart choice for those who wish to combine international business expansion with the opportunity for long-term settlement in a developed country like Canada. For detailed advice and more information about the CPTPP–T50 immigration program, contact the expert team at Phan Immigration today.
If your company already has a branch in Canada, don’t overlook the Intra-Company Transfer (ICT) immigration pathway—an optimal solution to retain key personnel.
