Duration
Duration
Start-up Visa Program in Canada seeks immigrant entrepreneurs with business skills and potential. The opportunity is offered to innovative people who can create jobs for Canadians or can compete on a global scale.
The Start-up Visa allows foreign entrepreneurs to set up a shop in Canada and gain permanent residency. If you have business skills and meet some other Start-up Visa requirements, it is a far easier and more secure way to obtain PR (Permanent Residence).
The applicant has a genuine, unique business plan that addresses new or existing market needs or establishes a competitive advantage. The applicant possesses or is actively developing the essential skills, knowledge, experience, and market awareness to run the business successfully.
Firstly, contact the designated organisation to learn how to obtain its assistance. Then you must persuade the organisation that you have a viable business idea worth supporting. Each organisation has its process for pitching its idea. And they have their own requirements. They may ask you to present a business concept in person or to submit a detailed business plan.
Letter of support
A letter of support will be sent to you if you agree with a designated organisation. Once you submit your application, please include this letter.
What does this letter say?
This letter acts as evidence that the angel investor group, venture capital fund, or business incubator believes in your business idea.
To be eligible for the Start-up Visa Program, you need to:
The applicant should provide the following documents:
Firstly, get the application package. After that, pay your application fees and submit your application.
When to Apply
Apply a year before you want to move to Canada.
Visa Processing Time
It may take 12-16 months to process your application. There may be a need to provide biometrics along with your application. It includes the time which you need to give to your biometrics.
How to Apply
Gather your documents and apply online. You will have to provide biometrics for visa processing. However, you are advised to let the professionals handle the job for you.
Duration
You're normally allowed to stay in Canada indefinitely.
Fees
The visa cost may vary by various factors. It starts from 2,075 CAD.
200,000 CAD is the minimum amount you should secure for your business.
There is no need for an extension as this visa can lead to permanent residence in Canada.
Business
The visa is for investment and business in Canada.
Work
You can apply for a temporary work permit.
Dependents
Include family members on this visa.
Multi-entry
Move-in and outside Canada as you want.
Join us for latest Visa & Immigration trends. Read & Publish articles. Get exclusive updates & newslatter absolutely FREE
