Start-Up Visa

Start Up Visa Canada, Canada Startup Visa Program targets 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
Start-Up Visa Canada - immisa Immigration
  • Canadian permanent resident status for the immigrant entrepreneur and his family (spouse and children under 22)
  • Possibility of a temporary work permit before filing the application for permanent residence
  • Fast processing time: 12 – 16 months
  • Up to 5 people can apply under this program, as owners of a single business
  • No need for net worth valuation
  • Can live anywhere in Canada except Quebec

To be eligible for the Start-up Visa Program, you must:

  • Have a qualifying business
  • Get a letter of support from a designated organization i.e. Obtain a total investment of at least CAD 200,000 from one or more designated venture capital funds; Obtain a total investment of at least CAD 75,000 from one or more Designated Angel Investors; Be admitted to one of the designated business incubator programs;
  • Language proficiency requirements: CLB 5 in English or French
  • Must have enough funds to support himself & family in Canada

We work with Immigrant entrepreneurs and assist them with following to qualify for Start-Up Visa:

Start-Up Visa Canada - immisa Immigration

Once you have your Letter of Support from Designated Organization, we apply for your Start-Up Visa Visa Work Permit & PR application

About the program

  • Canadian permanent resident status for the immigrant entrepreneur and his family (spouse and children under 22)
  • Possibility of a temporary work permit before filing the application for permanent residence
  • Fast processing time: 12 – 16 months
  • Up to 5 people can apply under this program, as owners of a single business
  • No need for net worth valuation
  • Can live anywhere in Canada except Quebec

Eligibility Criteria

To be eligible for the Start-up Visa Program, you must:

  • Have a qualifying business
  • Get a letter of support from a designated organization i.e. Obtain a total investment of at least CAD 200,000 from one or more designated venture capital funds; Obtain a total investment of at least CAD 75,000 from one or more Designated Angel Investors; Be admitted to one of the designated business incubator programs;
  • Language proficiency requirements: CLB 5 in English or French
  • Must have enough funds to support himself & family in Canada

Our Role

We work with Immigrant entrepreneurs and assist them with following to qualify for Start-Up Visa:

Once you have your Letter of Support from Designated Organization, we apply for your Start-Up Visa Visa Work Permit & PR application

Faqs on start up visa in Canada

Who is eligible to apply for the Startup Visa in Canada?

To be eligible for the Startup Visa in Canada, you must meet the following requirements:

  • Have a qualifying business: Your business must be considered a “qualifying business” by the Canadian government, which generally means it must have the potential for high growth and scalability.

  • Secure support from a designated organization: You must secure support from a designated organization, such as a venture capital fund, angel investor group, or business incubator, that can provide you with the resources and support you need to succeed.

  • Meet language requirements: You must demonstrate proficiency in either English or French, which is required for successful integration and business success in Canada.

What is the process for applying for the Startup Visa in Canada?

The process for applying for the Startup Visa in Canada typically involves several steps, including:

  • Preparing a business plan: You will need to develop a comprehensive business plan that outlines your idea, business model, and growth potential.

  • Securing support from a designated organization: You must secure support from a designated organization, which will then endorse your application.

  • Applying for a work permit: Once you have received the endorsement of a designated organization, you can apply for a work permit to come to Canada and start your business.

  • Applying for permanent residency: After starting your business in Canada, you can then apply for permanent residency, which will allow you to stay in Canada permanently and continue to grow your busines

What is the success rate for the Startup Visa in Canada?

The success rate of the Startup Visa program in Canada varies annually and is influenced by several factors such as the number of applicants, the quality of their business plans, and the demand for their products or services. However, the Canadian government’s website reports that the overall success rate for the program has been relatively high, with more than 80% of applicants who receive a commitment from a designated organization being approved for permanent residency. Meeting the eligibility requirements and submitting a strong business plan are crucial for determining the likelihood of a successful application.

an I bring my family with me to Canada under the Startup Visa program?

Yes, you can bring your spouse or common-law partner and any dependent children with you to Canada under the Startup Visa program.

long does it take to get approved for the Startup Visa in Canada?

The processing time for the Startup Visa in Canada can vary depending on the volume of applications and the specifics of your application. On average, it takes several months from the time you submit your application to receive a decision.

Take Your First Step Towards Canada, Get In Touch with Us

Immisa team can help you bring your start-up business to Canada together with your family and business partners. You can focus on your start-up idea and we will focus on your permanent residence in Canada. Contact Us or Book A Consultation to work with an immigration consultant today!

Start Up Visa for Canada: A Guide

The start up visa program in Canada is designed to attract talented and innovative entrepreneurs from around the world. This program provides a fast-track to permanent residency in Canada for eligible entrepreneurs and their families. To be eligible for the start up visa for Canada, entrepreneurs must have a business idea that is supported by a designated Canadian organization and meet certain criteria related to their education, experience, and language ability.

The Benefits of Start Up Visa for Canada

  • The opportunity to launch a business in one of the world’s strongest economies
  • Access to a supportive entrepreneurial ecosystem, including mentorship and funding opportunities
  • The ability to live and work in Canada with permanent residency status
  • The possibility to tap into the country’s highly-skilled workforce and diverse talent pool

The Requirements for Start Up Visa for Canada

  • A business idea that is supported by a designated Canadian organization
  • A minimum of CAD 75,000 in funding from a designated organization
  • Proof of language proficiency in English or French
  • A minimum of a bachelor’s degree or equivalent education and experience
  • Proof of sufficient settlement funds to support you and your family in Canada

The Application Process for Start Up Visa for Canada The application process for the start up visa for Canada involves several steps, including:

  1. Finding a designated Canadian organization that supports your business idea
  2. Preparing a detailed business plan and pitch deck
  3. Submitting the required documentation, including proof of education, language proficiency, and settlement funds
  4. Participating in an interview with immigration officials, if required
  5. Obtaining permanent residency in Canada

Conclusion:

The start up visa program in Canada provides a valuable opportunity for talented entrepreneurs from around the world to launch their businesses in Canada. With the support of a designated organization, access to funding and mentorship opportunities, and the possibility to live and work in Canada with permanent residency, the start up visa for Canada is an attractive option for entrepreneurs who are looking to grow their businesses and succeed in a thriving economy.

YOUR NEXT STEP AWAITS