Canada is a country of opportunity and has developed into a hub for company owners and entrepreneurs. For people who want to start a business in Canada, the nation offers a variety of immigration alternatives, and the Canada Start-Up Visa is one of the most appealing options available. With the help of this program, international business owners can gain permanent residency in Canada by establishing and running a successful start-up business.

Canada Startup Visa

The Canada Startup Visa Programme was established in 2013 to boost economic growth, encourage innovation, and create job opportunities for Canadians. It is a groundbreaking immigration program designed to attract brilliant entrepreneurs from all over the world to establish and expand their startup businesses in Canada.

Guiding Principles For Your Business 

Innovative

The Canada Start-Up Visa Program is looking for people with fresh, creative ideas. They want entrepreneurs to come up with new and groundbreaking ideas and innovations that can disrupt industries. 

Create Jobs for Canadians

Under this program, your Business is expected to create job opportunities, that help stimulate the local workforce and contribute to the nation's economic growth.

Compete Worldwide 

Start-ups supported by the Start-Up Visa Program are encouraged to expand their reach internationally, tapping into global markets, and showcasing Canada's capabilities to the world.

The Mysteries Of Canada Startup Visa Requirements

Possess a Qualifying Business

The entrepreneur must be capable enough to establish a business in Canada. Furthermore, They must have at least 10% of the voting power in the company, and the applicant and designated business entity must have more than 50% of the voting rights in the firm.

Get your Letter of Support from Designated Organizations

Applicants must present a letter of support from Designated organizations like angel investor groups, venture capitalists, and business incubators while applying for a start-up visa. They should be convinced by the benefits of supporting you or investing in your business.

You Are Required To Take a Language Test

The program requires you to prove your language capabilities. To do this, You must take a French or English language test approved by Immigration Refugees and Citizenship Canada (IRCC). To be eligible for the program, you must meet the Canadian Language Benchmark (CLB) minimum level 5 standards for reading, speaking, writing, and listening.

Assurance Of Funds

You have to give proof to the endorsing body that you have sufficient money to support yourself and your family members in the growing stage of your business. The required amount of money also depends on how many family members you plan to bring to Canada.

In a Nutshell

It might be difficult to navigate the path from the Start-Up Visa program to Permanent Residency in Canada, but with the appropriate attitude, planning, and assistance, entrepreneurs can get through any challenges they may face along the road. If you are an entrepreneur interested in pursuing the Start-Up Visa program, My Global Citizenship offers comprehensive services tailored to your needs. Our expertise can guide you through every step of the application process. So, let's transform your aspirations into Canadian success stories, together.