Economic immigration is one of the most common immigration categories for people who wish to become permanent residents of Canada based on their skills, either from Canada or overseas. Economic classes are identified as one of the following:
- Federal Skilled Worker Program
- Federal Skilled Trades Program
- Canadian Experience Class
- Provincial Nominee Program
The economic categories are for applicants who have specific occupational skills and experience that meet the needs of Canada’s labor market and who will contribute to the Canadian economy. This includes management occupations, professional occupations, technical occupations, and skilled trades.
Business immigration is an area of immigration law that caters to foreign business owners, investors, entrepreneurs, start-ups, and high-net-worth individuals. By expanding foreign business to Canada, investing in an existing one, or starting a new one, foreign individuals and their families can receive permanent residency in Canada.