Canadian startup visa
The Canadian Start-up Visa allows entrepreneurs and owners of innovative ideas to start their own business in Canada and eventually obtain permanent Canadian residency. This program seeks to attract top talent and creative ideas that can contribute to Canada’s economic growth.
The Canada Startup Visa encourages immigrant entrepreneurs to develop their companies in Canada. In other words, Canada’s startup visa program gives entrepreneurs the opportunity to immigrate to Canada in order to create a new and innovative business. This program grants permanent residency to immigrant entrepreneurs. Successful applicants will be contacted by private sector organizations in Canada.
Necessary conditions for obtaining a Canadian startup visa
- Support from a designated organization: You must receive a letter of support from a designated organization (such as incubators, venture capital funds, etc.).
- Have an innovative idea: Your idea must be innovative and creative and contribute to the economic growth of Canada.
- Financial ability: You must have enough financial ability to support yourself and your family in Canada.
- Language Proficiency: You must obtain a minimum grade in English or French.
To be eligible for a Canada startup visa, you must meet certain conditions:
- Meet the minimum English or French language requirement (CLB 5)
- Have enough money to stay in Canada
- Plan to stay in a province other than Quebec
- Prove your business is backed by a designated organization
- Pass Canadian security and medical clearances
- Demonstrate that your business meets the ownership requirements
As part of the eligibility requirements, you must provide a certificate of commitment and a letter of support showing that your business is indeed supported by a designated organization. Organizations choose which business proposals to review. Each organization has its own acceptance process for proposals and the criteria used to evaluate them. To demonstrate that the candidate has received support from venture capital, angel investor and incubator groups, the investing organization must submit a completed commitment certificate directly to IRCC.
List of designated organizations for Canada Start-Up Visa
- Venture Capital Funds
- Angel Investor Groups
- Business Incubators
Immigration to Canada through Start-Up targets immigrant entrepreneurs with the skills and potential to create a business in Canada who:
- It can create jobs for Canadians
- They are innovative
- It can compete on a global scale
Procedures for obtaining a Canadian start-Up visa
- Preparation of business plan: You must prepare a strong business plan for your business.
- Get a letter of support: You must get a letter of support from a designated organization.
- Submit your application online: You must submit your application online to Immigration Canada.
- Application Review: Canadian Immigration will review your application and send you an invitation if approved.
- Obtaining a visa: You must go to the Canadian embassy in your country to obtain your visa.
Canada start-Up visa benefits
- Direct path to obtain permanent residence: You can obtain Canadian permanent residence after starting your business and meeting the necessary conditions.
- No need for work experience or study in Canada: You do not need work experience or study in Canada to get a Canadian startup visa.
- Open work permit: You will receive an open work permit after receiving a Canadian startup visa and you can work anywhere in Canada.
- Government support: You can use government support such as financial aid and expert advice to start your business.
The costs of obtaining a Canadian start-Up visa
Canadian start-up visa fees depend on the number of members in your family and the type of services you want (such as the services of an immigration lawyer). In general, the cost of this visa is between 2000 and 5000 Canadian dollars.
Services of Seraj Immigration Organization for Canada Start-Up Visa
Seraj Immigration Organization, with a brilliant history and experience in the field of immigration to Canada, can help you in obtaining a Canadian start-Up visa. This organization facilitates and accelerates your immigration process by providing specialized services tailored to your conditions. For more information about the services of Siraj Immigration Organization in the field of Canadian startup visa, you can contact us.