For Indian entrepreneurs eyeing global expansion, a key concern has been how to legally and efficiently move funds from India to countries like Canada without incurring excessive taxes. The good news? You can remit money from India to Alberta and British Columbia without paying TCS, and better still, you don’t have to invest anything until you secure your business work permit. This opens up a low-risk, high-reward opportunity for setting up a business and lifestyle in Canada, while continuing ties with India.
No TCS. No Upfront Investment. Only Possibilities.
Thanks to the revised Liberalized Remittance Scheme (LRS) and proper structuring, it is possible to remit capital without incurring 20% TCS, which is generally levied on remittances above ₹7 lakhs. With the help of certified professionals, one can structure the fund transfer smartly, using ODI/FEMA-compliant methods, especially when the investment is made after obtaining a Canadian Business Work Permit.
This ensures that your money is not locked or taxed before your immigration plan is secure.
“I never left India — and I don’t plan to. You don’t have to either.”
– Vaibhav Mehndiratta
You don’t have to renounce your ties with India to pursue growth in Canada. By starting from your home and building your Canadian presence step-by-step beginning with a Business Visit Visa, followed by a Work Permit, and then exploring property and business investment options you retain control, flexibility, and a solid footing in both worlds.
Alberta and British Columbia, in particular, offer investment options starting at just CAD 135,000 (INR 85 lakhs) and property+business combos from INR 2.2 Cr onwards. All of this without the pressure of upfront investment.
Why It Works Best Now?
-
- No TCS: Remit under ₹7 lakhs per person per financial year tax-free, or structure it via compliant ODI routes post-Permit.
- No Blind Investment: Funds are moved only after Permit approval.
- Secure Entry: Business Invite + Work Permit = lower risk and full control.
- Stay Indian, Work Global: No compulsion to migrate fully or leave India behind.
FAQs
- How can I remit funds without TCS to Canada?
Under the RBI’s Liberalised Remittance Scheme (LRS), Indian residents can remit up to ₹7 lakhs per financial year without incurring TCS. For business or property investments post-Permit, Overseas Direct Investment (ODI) routes or staggered remittances through multiple family members can be structured with help from authorised professionals. - Do I need to invest any money before getting a Work Permit?
No. One of the biggest advantages of the Alberta and British Columbia business programs is that you do not need to invest before receiving your business work permit. Investment is only required after your permit is approved, ensuring lower risk. - What is the minimum investment after getting a business permit?
Business options typically start at CAD 135,000 (INR ~85 lakhs), while more premium business + property packages begin from CAD 350,000 (INR 2.2 Cr) and go upwards, depending on your lifestyle and business vision. - Can I invest in Canada and still stay in India?
Absolutely. Many entrepreneurs choose to establish a business and rental income property in Alberta or British Columbia while continuing to live and operate from India. This ensures diversified income and a Canadian pathway without full migration. - Why choose Alberta and British Columbia over other provinces?
These provinces offer a perfect mix of low taxes, high-growth potential, structured immigration programs, and community support. Alberta, for instance, has only a 5% sales tax as opposed to multiple GST tax rates in India, making it highly attractive for Indian businesses.
