applicants must have the business idea which should receive the letter of support or commitment from one of the designated Canadian business investment organization or incubator

In order to receive Permanent Residency under Start-Up program in Canada, you require to meet the following criteria:

Here is the explanation in each factor

Qualifying business:

  • The Entrepreneur applicant shall create a business which the needed titles hold 10 percent of voting rights attached to all shares of the corporation.
  • The business idea could have total of 5 people including the applicant with active and valid titles to perform the proposed business plan and receive Permanent Residency.
  • The applicant and the designated organization must jointly hold more than 50 percent of the total voting rights.
  • There is requirement of incorporated business within Canada while performs active management of foreign entrepreneurs.
pic

Letter of support

Letter of support or commitment from one of the designated organization

a business group that has been approved to invest in or support possible start-ups

You require to:

• contact the designated organization to find out how to get its support

• convince the organization that you have a business idea that is worth supporting

• get a letter of support from the designated organization

The process to pitch your idea is different for each organization and each organization has its own requirements.

There are 3 categories of designated organization:

pic

Angel Group

Angel Investor Group You must get one or more investors connected to these groups to agree to invest a minimum of $75,000:.

Incubators: You must be accepted into one of these programs:

Language Requirement

To qualify for the program, candidates must show results from an approved language test demonstrating ability at Canadian Language Benchmark (CLB) Level 5 or higher. The test results must be less than two year old at the time of application.

  • Minimum IELTS
  • Listening 5
  • Reading 4
  • Writing 5
  • Speaking 5
  • Minimum CELPIP
  • Listening 5
  • Reading 4
  • Writing 5
  • Speaking 5

Proof of Funds:

“Applicants must prove that they have enough money to support settlement in Canada for themselves and their family members. Please see the chart”

pic

Apply to Permanent Residency

Submission of start-up visa application

• filled out the Residency application

• pay your application processing fees

• Provide all your supporting and required documents

• Medical Exam: You must have a medical exam before you come to Canada

• Police certificate If you have a criminal record, you may not be allowed to enter Canada. People who pose a risk to Canada’s security also aren’t allowed to come to Canada. To immigrate to Canada, you and any family members 18 years of age and older must provide police certificates to the visa office, if asked to do so.

• Decision on your application: If your application is approved, visa office or immigration will ask you to send your passport to the visa office so they can issue your permanent resident visa.

• Confirmation of permanent residence: If immigration approves your application, then the permanent resident visa will be issued.

Bare in mind it could take from 12 to 16 months to process your application and this could vary due to number different factors such as:

there are criminal or security problems or we need to do more background checks

your family situation is not clear—reasons could include a divorce or an adoption that is not yet complete or child custody issues that have not been resolved or

the visa office has to contact other visa offices in Canada or abroad to verify the data you gave

Seen enough? We are currently in the closed beta.
Please enter your email to join the waiting list.

Get in touch

How to find us

Head Office

9140 Leslie Street,Suite 408,Richmondhill, ON, L4B 0A9

office@canadavisastartup.ca

+1 416 843 7989