Start Up Visa
The Canadian Start-up Visa Program was launched in 2013. It is designed for entrepreneurs with the skills and potential to build businesses in Canada that are innovative, can create jobs for Canadians, and can compete on a global scale. The Program aims to connect these entrepreneurs with organizations in Canada that can assist them in realizing their project
Program Requirements:
1. Own a qualifying business
Applicants, whether alone or as a group (up to 5 applicants), must own more than50%, with each applicant owning at least 10% of the shares.
2. Letter of Support
Get a letter of support form a designated organization, authorized by the Canadian Government. This could be either a: Venture Capital , or Angel Capital, or Business incubator.
3. Language Requirement
Meet the minimum language requirements of at least CLB 5 in speaking, listening, reading and writing in either English or French.
4. Start Up Money
Bring enough money to settle in Canada with their families (under $50,000 in most cases)
Our Services
Stage 1: Seed Stage and Assessment of Eligibility
At this stage, we collect all of the information required to assess the candidate’s eligibility for the SUV Program. Using our customized and confidential client intake sheet, we will need information related to the candidate’s background, language skills, personal assets and business and employment history.
We also ask for a description of the innovative Start-Up idea. At this stage, the idea may still be in its preliminary stages. Our team will review the idea, make suggestions and modifications, and re-work the idea with the Canadian context in mind.
Stage 2: Preliminary Business Plan and Creation of Company
Stage 3: Complete the Business Plan, Submission of the Project to the Business Incubator, and Receive the Letter of Support
Stage 4: Prepare and Submit the Application for Permanent Residence
Stage 5: Launch of the Start-up and Incubation
Stage 6: Permanent Residence