In the dynamic landscape of global entrepreneurship, Canada has emerged as a beacon for visionary minds and innovative thinkers through its groundbreaking initiative – the Canadian Start-Up Visa Program. This program stands as a testament to Canada’s commitment to fostering innovation, economic growth, and diversity on the global stage.
The Canadian Start-Up Visa Program offers a unique pathway for talented entrepreneurs from around the world to establish their innovative ventures in Canada. Launched with the aim of attracting cutting-edge talent and transformative ideas, this visa program has quickly become a catalyst for the country’s vibrant start-up ecosystem.
Aspiring entrepreneurs who meet the criteria set by the program gain access to a supportive environment that encourages the development of groundbreaking technologies, products, and services. From artificial intelligence to sustainable technologies, the Canadian Start-Up Visa Program welcomes pioneers across various industries, promoting the exchange of ideas and the creation of lasting economic value. One can apply for the program as an individual or as a part of up to 5 business owners.
The Canadian Startup Visa program aims to drive economic growth, job creation, and innovation by attracting and retaining talented entrepreneurs who can contribute to the country’s thriving startup ecosystem. Applicants are encouraged to review the specific program requirements and consult with designated organizations for the most accurate and up-to-date information.
You can also explore other immigration pathways more suited to each particular situation. All of our fees and packages are also available!
Book a consultation today to discuss your eligibility and take your first step towards living and working in Canada. Let us guide you through the Start-up Visa and turn your Canadian entrepreneur dream into a reality.
To be eligible for participation in this program:
Upon successful application, the following steps are mandatory:
Designated organizations play a pivotal role in the Canadian Start-Up Visa Program, serving as established business entities authorized to invest in or provide assistance to potential start-ups. These organizations act as crucial facilitators in the journey of aspiring entrepreneurs.
To navigate this process effectively, it is imperative that you:
Moreover, the designated organization will directly submit a commitment certificate to the relevant immigration authorities. This certificate, serving as a vital immigration document, plays a pivotal role in the evaluation of your visa application, underlining the collaborative endorsement of your entrepreneurial endeavor by the approved business group.
Applicants will need to achieve level 5 of the Canadian Language Benchmark (CLB) in reading, listening, writing, and speaking. The language test needs to be conducted by an approved agency.
The Canadian government does not provide financial assistance to immigrants under the Start-Up Visa program.
As part of your application process, you are required to demonstrate that you possess the financial means to support both yourself and your dependents upon your arrival in Canada. It is important to note that borrowing this required amount from another individual is not permissible.
The specific financial requirements vary based on the size of your family, and these amounts are subject to annual updates. Ensuring that you have the necessary funds underscores your ability to establish a stable foundation for your resettlement in Canada and reinforces your commitment to self-sufficiency during the initial phases of your entrepreneurial journey in the country. Depending on the number of people in the family, a certain amount of funds will be required.
As of October, 2022 it is mandatory that all applicants apply online for this program unless they require special accommodation.
The documents that need to be gathered and uploaded include:
Once the applicants meet the necessary requirements, the average processing time for this program is 37 months and applicants are advised to keep-up with updates regarding the processing time of their application.
The government processing fees for this program start from $2140 and if you decide to retain us as your representative, some professional fees will be applicable.
Gather all of the necessary documents in support of your application and follow the Instruction Guide (IMM 5759) for a smooth application process.
Most of the PDF forms do not need to be signed and need to be uploaded with the online application. Also, upload one photo for each family member.
If aged between 14 and 79, complete the biometrics process within 30 days of receiving the instruction letter. When submitting your application, upload the documents, answer all the questions, sign the application, and include the processing fee receipts.
As your application for permanent residence undergoes processing, you have the option to apply for a temporary work permit. This allows you to travel to Canada and initiate the establishment of your business while your permanent residency application is being reviewed.
