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Canada Start Up Visa Program

Who can qualify for Canada Start Up visa program? 

Applicants need to fulfil the following conditions in order to qualify under this program.

  1. Applicant must have new and innovative business idea. Based on your background, our management team in Canada may be in a position to assist you and come up with new and innovative business idea.
  2. No, education, age or qualification required
  3. The start-up must be incubated by a government approved designated incubation centre in Canada or has obtained funds amounting to CD$75,000 from an angel investor or has obtained funds amounting to CD$200,000 from a venture capital fund in Canada.
  4. Applicant must obtain at least a 5 band in IELTS English language test or an equivalent in French language test.
  5. Applicant must have enough money to settle in Canada(CD$24,000 for a family of 4).

Find your eligibility

    Main features of the program:

    • Up to 5 founders of the Start-Up can apply for immigrant visa of Canada.
    • There is no need to make any investment.
    • Spouse and dependent children under 22 years of age can be included in the same application.
    • The Start-Up could be entitled to various government grants and subsidies once the business is established in Canada.
    • Processing time is generally 6-8 months but applicant can apply for a work permit if required.

    Process:

    • Founders of the Start-Up are required to pitch their ideas to either a government designated incubation centre or an angel investor or a venture capital fund. A detailed business plan and presentation is necessary to apply to these designated entities.
    • Upon approval, either of the aforementioned entities will provide an approval letter known as ‘Letter of Support’.
    • With this ‘Letter of Support’, applicants can apply directly to the Federal Government for permanent residency visa of Canada.
    • On clearing the mandatory medical examination, final immigrant visas will be issued to applicant’s spouse and children under 22 years of age.
    • On receiving immigrant visa of Canada, the Start-Up founder can apply for citizenship of Canada with family after a period of three years provided, they meet the residency requirements.

    General immigration requirements:

    • Age of children must be 22 years or less.
    • To maintain permanent residency of Canada, applicant must stay for at least 730 days in four years in Canada.
    • To apply for citizenship of Canada, applicant must have lived in Canada as a permanent resident for 3 years out of 4 years.
    • After receiving citizenship of Canada, applicant can apply for E1 or E2 business visa of USA.
    • Parents and siblings under the age of 22 years can be sponsored to Canada.

    PROJECT DETAILS