Permanent Residency

Start-Up Visa
Start-Up Visa
The Start-Up Visa program is a program for entrepreneurs/businessmen who wish to immigrate to Canada and have businesses and businesses that are revolutionary in Canada, can provide jobs for Canadians, and have the potential and ability to compete on a global scale. This is a federal immigration program targeting entrepreneurs. When applying for permanent residency with a startup visa, you can also apply for a short-term work permit (employment visa) while your Permanent Residency is being processed, so you can start working in advance while waiting for your Permanent Residency.

*An application letter and letter of recommendation from a designated institution are required (can be checked from the list of designated institutions)

Start-Up Visa

Start-Up Visa

Division
Qualifications
English : CLB 5
Experience : N/A
· Holding a qualified business
· Support letter from designated organization
· Proof of settlement funds
Features As long as you have a qualified business, you can apply for permanent residency with your own business without having to receive a separate job offer in Canada.
Check-in
time		 Approximately 12 - 16 months

Holding a qualified business

STEP 1: When receiving a support letter from a designated organization

  • Each applicant holds at least 10% of the voting rights granted to all shares of the corporation issued at the time (up to 5 people can apply as owners)
  • The applicant and the designated entity jointly own more than 50% of the total voting rights granted to all shares of the corporation then issued.

*Both of the above must be met

STEP 2: When receiving permanent residency

  • Provide active and ongoing management of the business in Canada
  • An essential part of the business's operations must occur in Canada
  • The business is incorporated in Canada

Receive a support letter

Inquire with the relevant designated organization on how to apply.

Convince designated organizations with valuable business ideas

Inquire with the relevant designated organization on how to apply.

*Designated organization: Business group approved to invest in or support startups

List of designated organizations

You must receive a letter of support from at least one of the following three organizations:

  • Venture capital funds – minimum investment of $200,000 required
  • Angel investor groups – minimum investment consent of $75,000 required
  • Business incubators – Approval required for this program