CANADA

START-UP VISA PROGRAM

advantages

  • Permanent residence for successful applicants
  • Dual citizenship is permitted
  • Dependents included:
    Spouse or common law partner
    Children under 22 years old who do not have a spouse or a common law partner
    No source of funds and path of funds requirements
    No age limit
    Fast processing time
    Ability to live, work and study upon approval
    Access to high quality subsidized education upon approval
    Access to advanced health and welfare systems upon approval
    Opportunity to sponsor your family relatives to Canada
    Possibility to apply for Canadian citizenship after 3 years of permanent residence

REQUIREMENTS

  • The applicant must demonstrate that they are innovative immigrant entrepreneurs who will spur economic growth by obtaining a commitment certificate from a designated organization
  • The applicant must hold at least 10% of the voting shares in the business, and together with the designated organization more than 50% of the voting shares
  • The applicant must operate and manage the business venture once set up from within Canada
  • The applicant must meet a minimum of level 5 in the Canadian Language Benchmark Test in English or French, in speaking, reading, listening, and writing
  • The applicant must show that he has enough funds to support herself and any dependents after they arrive in Canada
  • The applicant and family members must be in good health and have no criminal record

INVESTMENT OPTIONS

  • An applicant may obtain a commitment certificate from one of the following types of designated organizations:

  • Business incubator – which confirms that the applicant’s business is currently participating in or has been accepted into its business incubator program, or

  • Angel Investor Group – which confirms that it is investing at least CAD 75,000 in the applicant’s business; or

  • Venture Capital Fund – which confirms that it is investing at least CAD 200,000 in the applicant’s business.

PROCESS

  • Appointment of an authorized representative to submit the application

  • Provide proof of language proficiency, and other personal documentation
    Obtain commitment certificate from angel investor group, venture capital fund or business incubator

  • Submission of application form, supporting documents and fees

  • Typical processing time is within 12-16 months

  • Successful applicants will immediately receive permanent residence status in Canada