FEDERAL START-UP BUSINESS PROGRAM
If you are an entrepreneur who wish to set-up a new business in Canada, Canada’s Start-up Visa Program welcomes 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
Program Eligibility
You must meet the below eligibility criteria to qualify for Start-up Visa program:
- Qualifying Business:
- You hold atleast 10% of the voting rights attached to all shares of the corporation out of all shareholders of the Company;
- Your shareholding along with the designated organization should be atleast 50% of the total voting rights of the corporation at that time.
- Letter of Support from Designated Organization: Must obtain a letter of support from a designated organization in Canada. Designated. Designated organizations are business groups that has been approved to invest in or support possible start-ups)
- Sufficient Resources: You must also demonstrate enough financial funds to support yourself and your accompanying family members’ stay in Canada.
- Language Requirements: You must take a language test from an approved agency and include the results with your application. You must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in all of these four areas:
- speaking
- reading
- listening
- writing
Need more information about the program?
We always advise clients to discuss their specific situation with an expert who can help steer you in the right direction. We offer one-to-one consultations as well in which our consultants will understand our clients requirements and will be available to answer any questions in the most precise manner. This process not only adds value but also avoids common mistakes that an applicant is prone to without having a professional consultation. We are your partner in this process, so feel free to book your consultation now!