Canada Start Up Visa


(Residency By Investment)

Canada Start Up Visa - Opening Company in Canada

If you are an individual or a group with an innovative business idea, then you may be eligible for Canada Start Up Visa. As always Canada is welcoming entrepreneurs and innovative ideas and helping them settle permanently in Canada.

 

Canada Start Up Visa is a Permanent Residency Program which allows an individual or group (up to 5) to settle permanently in Canada and establish the proposed innovative business.

 

It needs the applicants to get a Letter of Support from a designated organization. Once the letter is support is received, the applicant can file Permanent Residency Application along with a Work Permit application (if required).

 

The Canadian Permanent residency Visa granted is for 5 years. In those 5 years, an applicant has to either complete 1095 Days in Canada to apply for Canadian investors visa/Citizenship or complete minimum 730 days in Canada to renew the Permanent Residency. These days can be spent in parts during the entire 5 years.

 

Benefits of Canadian PR:

  • Free Education & Health Care benefits for Family
  • Retirement Benefits
  • Great Standard of Living & one of the best infrastructures
  • Potential of Business growth
  • Citizenship in 3 Years (In top 5 passports of the world*)

Process Flow:

  • Checking Eligibility
  • Registration with relevant Organization & Prepare Documentation
  • Applying for Letter of Support (LOS)
  • Applying for PR (After LOS)
  • Landing Canada and starting business (After PR or before on Work Permit)

FAQs:

  • What is Canada Start Up Visa?

Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:

    • Are innovative
    • Can create jobs for Canadians
    • Can compete on a global scale

The usual process timeline for Canada Start Up Visa is 12-24 Months.

  • How much does Canada Start Up Visa cost?

It depends on which designated organization is accepting your application and whether or not they will be investing in your business. However, the usual range can be from CAD 100,000 – CAD 200,000.

  • Who is eligible for Canada Start Up Visa?

An Individual/Group with minimum age of 22 and having an innovative idea.

  • How to apply Canada Start Up Visa from Dubai?

The first step to apply for Canada Start Up Visa is to assess the eligibility and approaching the right organization/incubators/venture capitals for the same.

  • Is IELTS required for Canada Start Up Visa?

Yes, it requires a basic IELTS of CLB 5 to make sure that you are able to communicate (at least basic) in order to successfully establish your business.

  • Who are designated organizations?

For Start Up Visa, a candidate has to contact business consultants in Dubai to apply for Letter of Support from one of the following designated organizations. These are authorized bodies which assesses a business idea.

    • Venture Capital
    • Angel Investors
    • Business Incubators


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