CANADA START-UP VISA PROGRAM FOR PERMANENT RESIDENCY

Canada seeks skilled entrepreneurs who are eager to launch ventures that will boost the economy and generate jobs for Canadian residents. As an entrepreneur, you might qualify for immigration to Canada through the start-up visa program.

To qualify, you must satisfy the following conditions:

1. Have an eligible business:

   • Own at least 10% of the voting rights.
   • Together with the designated organization, hold over 50% of the voting rights.

2. Secure a letter of support from a designated organization:

   • Obtain backing from a venture capital fund, angel investor group, or business incubator.
   • Present and persuade the organization of your business idea.
   • Acquire a letter of support to include with your application.

3. Meet language requirements:

   • Pass an approved language test and achieve a Canadian Language Benchmark (CLB) level 5 in either English or French.

4. Provide proof of funds:

   • Show that you have adequate financial resources to support yourself and your family upon arrival in Canada. The required amount varies based on your family size.

Canada offers a wide range of programs, incentives, and opportunities for entrepreneurs, though understanding them can be complex. Consulting with a business immigration lawyer can help you identify the best opportunities that match your goals. Such a lawyer will not only explain these requirements but also help you meet them. What might seem difficult at first can become more manageable with expert advice. For tailored assistance and to explore your options, get in touch with us today.