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As American businesses face increased obstacles, taxes and public protests against immigration, Canada is becoming an even more attractive destination for U.S. and other countries to export tech jobs and companies. The current economic and political climate in the United States is forcing many businesses and individuals to reconsider their American business strategy and move their highly skilled and talented workforce to Canada.
What is Nearshoring to Canada?
Many American tech companies are frustrated by their inability to hire highly skilled and educated foreign talent due to scarcity and cost of H-1B visa workers. Nearshoring aka nearsourcing is defined as outsourcing business processes, especially tech and IT processes, to companies in a nearby country, often sharing a border with the target country.
Benefits of Nearshoring to Canada
For American tech companies, nearshoring to Canada has many benefits:
1. Similar culture and language
2. Geographical proximity and common time zones
3. Favorable exchange rate
What is An Intercompany Transfer?
When a company wants to move its skilled workers to Canada from America or another company, we an intra-company work permits and job transfers to Canada or the United States.
Ackah Law can help you with:
- Incorporate a business in Canada when you have a successful business in your home country
- Submit your applications
- Canadian employment agreements
- Help your employees move their families to Canada through family class spousal sponsorship
How to Open A Branch Office in Canada
A foreign company that wants to open an affiliate or branch office in Canada needs to register the business with the local government in each Canadian territory where it will have operations. There are many advantages to opening a branch office in Canada:
1. Canada has tax treaties with many countries so that businesses are not subject to double taxation.
2. Foreign branches are entitled to many of the same rights as a Canadian-owned corporation, such as limited liability.
3. A branch's activities are overseen by the parent company.
- H-1B Visa Denied? Try Nearshoring to Canada!
- Why American Tech is Near-Shoring to Canada
- Canada Is Winning the Global War for High-Tech Workers
We recommend you consult a Canadian immigration professional if you are considering nearshoring to Canada. At Ackah Business Immigration Law, our goal is to help you Cross Borders Seamlessly and to make it smooth as possible for you to be as successful as possible. You need to have information before you can make decisions.
Contact Ackah Business Immigration Law today at (403) 452-9515 Ext. 100
or 1-800-932-1190 or email us directly at firstname.lastname@example.org.