Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:
Do you have an innovative business idea? If you can get support for your idea from one of the designated organizations, you may be able to immigrate to Canada.
Fees is starting from CAD $1,540. Processing time is 12 to 16 months. You may need to give biometrics with your application. This processing time includes the time you need to give your biometrics.
Who can apply
To be eligible for the Start-up Visa Program, you must:
Have a qualifying business
A qualifying business means you created a business that meets the following conditions.
Get a letter of support from a designated organization
You must get a letter of support from a designated organization (a business group that has been approved to invest in or support possible start-ups).
You’ll need to:
If you reach an agreement with a designated organization, it will send you a letter of support. You need to include this letter when you submit your application. This is the proof you need to show that the venture capital fund, angel investor group, or business incubator is supporting your business idea.
The organization will also send a commitment certificate directly to Government of Canada. If you don’t include the letter of support or meet any of the other requirements, your application will be refused.
Meet the language requirements
The ability to communicate and work in English, French or both languages will help your business succeed in Canada.
You must take a language test from an approved agency and include the results with your application, or we won’t process it.
You must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in all of these four areas:
Use your test results to find your CLB level.
If you don’t meet the minimum language skills, you application will be refused.
Bring enough money to settle
The Government of Canada does not give financial support to new start-up visa immigrants.
When you apply, you’ll need to give proof that you have the money to support yourself and your dependants after you arrive in Canada. You can’t borrow this money from another person.The amount you need depends on the size of your family.
Reference – Content for this page is inspired from Canada.ca.