7.20 What "terms and conditions" imposed on Immigrant Entrepreneur' visa?
The "terms and conditions" will be printed on visa and must be meat within two years period of admission to Canada. Generally they are:
the entrepreneur must actively manage the business, and the business must create employment opportunities for others;
the business must make a significant contribution to the economy; and
all family members are admitted under the same "terms and conditions" as the principal applicant. The "terms and conditions" are removed once the entrepreneur sets up a significant business venture, hires at least one employee, and is actively involved in managing the business.
During this two-year period an Immigrant Entrepreneur must report to the immigration officials at regular intervals. The applicable details will be provided with an immigration visa. The civil rights and status of an immigrant and his her family are not affected by these terms and conditions during two year period. However, failure to meet the requirements by the end of two years may result in visa be revoked. Efforts to comply with these terms and conditions must be demonstrated to an immigration official throughout the two-year period. Entrepreneurs will be required to report their progress to immigration officials on a regular basis during this two-year period.
7.21 Can these conditions be removed?
Once the immigration officials determined that an Immigrant Entrepreneur have met the "terms and conditions" the conditions will be removed. This can be done at any time during the two-year period.
7.22 What happens if an Immigrant Entrepreneur fails to meet the terms and conditions of an Immigrant Entrepreneur visa?
Contact immigration officials as soon as you think you may have trouble meeting the terms and conditions. If you are making a genuine effort to comply, they are prepared to be flexible. If you do not appear to be making a genuine effort, you and your dependents may be ordered to leave Canada.