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Canada Start Up Visa

The Start-Up Visa program in Canada is designed to attract entrepreneurs with innovative business ideas and the potential to create jobs and contribute to the Canadian economy. Through this program, eligible entrepreneurs can obtain permanent residency in Canada by securing the support of designated organizations, such as venture capital funds, angel investor groups, or business incubators. To qualify for the Start-Up Visa program, applicants must have a qualifying business idea, obtain a letter of support from a designated organization, meet language proficiency requirements, and pass medical and security checks. Once approved, successful applicants and their families can settle in Canada and work to establish and grow their businesses. The Start-Up Visa program offers a pathway for talented entrepreneurs to make Canada their home while pursuing their entrepreneurial dreams.

Canada's economy has been growing steadily, and the start-up visa program is one of the ways Canada encourages entrepreneurs to become part of its workforce.

ee program
ee program

Investors who join the entrepreneur in their project can also qualify for the Start-Up Visa (SUV) program. These accompanying investors don't need to be familiar with the entrepreneur or their project. We assist in finding a suitable project and entrepreneur(s) that meet your expectations, along with an accredited investor to join the program. They can also apply for permanent residence before starting their new business operations. The main goals of the Start-Up Visa Program are to attract foreign entrepreneurs and grant them permanent residency in Canada, provided they are committed to starting a business that meets certain criteria:

The Start-up Visa began as a test program in 2013 and became permanent in 2017. Since then, it has allowed many immigrant entrepreneurs to live and run businesses in Canada.

There are two main types of Start-up Visas: one for Canadians starting businesses and another for foreign investors. To qualify for the foreign investor visa, you need to already have a business running and support from a designated investment group.

To apply for a Startup Visa, you only need to meet four simple requirements:
  • Proficiency in English language
  • Availability of funds for settlement
  • A qualifying business
  • Letter of support from an eligible business organization
FAQ

Get Your All Answer Here

No, your permanent resident status in Canada will not be affected if your business fails for any reason.

No, applicants are not required to invest their own money. The investment must come from a designated organization as part of the program requirements.