Start-up Visa Program
The Innovative Startup
This option is for individuals who are akin and have the requisite skill set to build a business from the ground up.
Eligibility
Potential Investors must possess the following:
- Have a qualifying business.
- Receive a Letter of Support from a Canadian Designated Organization.
- Obtain a CLB level of 5 or higher in English or French.
- Have the necessary minimum settlement funds.
Benefits
01
Secure permanent residency directly and a pathway to citizenship after three years.
02
The domestic tuition rate for university programs is less than 70% of the rate for international students.
03
Elementary and high school educations are free.
04
Free Quality Healthcare.
05
The freedom to establish your venture anywhere in Canada except for Quebec
Investment
From $150,000
*Investment amounts are in USD
Requirements
There are four significant prerequisites that all candidates must meet to apply for a Start-up Visa:
- The applicant must have a valid business
- Get an investment commitment from a Designated Organization
The three different classes of Designated Organizations are:
• A designated angel investor and venture capitalist funders.
• A designated investment reserves.
• A designated business incubator.
3. Show proficiency in English (IELTS / CELPIP Exams) or French (TEF Exams)
4. Provide proof of funds to the IRCC.
Processing Time
- 18 or more months