Canada Permanent Residence Visa under Start-up visa category is a unique immigration pathway that caters to Entrepreneurs, Investors, Business Professionals and even Skilled Professionals alike. The program does not require any minimum direct investment or minimum net-worth. Put simply, if you have an innovative business idea with potential to generate employment and contribute to the Canadian and global economy, then you can easily apply for Start-up business immigration program to Canada. Determinants of acceptance of your proposal are dependent on innovative level of the business model, scalability of the business, capability of the team and business viability in the local and/ or Global market.
Precisely, 2,750 startup visa applications are permitted every year under the Start-up program to Canada.
The eligible applicants under the Start-up Visa Program need to acquire approval in the form of letter of acceptance from one of the three Canadian designated bodies – Venture capital funds, Angel investor groups and Business incubators. Below is the investment amount, you need to acquire from these bodies:
Venture Capital Fund Route:
One of the designated VC funds must approve an Investment of minimum CAD 200,000 in your business idea.
Angel Investor Groups:
One of the designated VC funds must approve an Investment of minimum CAD 75,000 in your business idea
No Investment, but your business idea needs to be accepted by one of the designated incubators
The Canada Entrepreneur Start-Up Visa Program applications will be assessed by the Authority and will granted the Canada Permanent Residency permit.
For all the Business immigration in Canada applications, the authority requires every applicant to declare availability of comparable funds in local currency to satisfy the minimum settlement funds requirements.
With more than 25 years of industry experience, Abhinav Immigration Services provide a detailed bouquet of services for all Canada Start-Up Visa applications. With a dedicated Business Immigration division backed by talented Immigration Specialists, business associates – specializing in Start-up programs – in Canada and services of an RCIC Member, we process every application meticulously adhering to all the related guidelines and norms. Below is our exclusive Immigration consulting services for Canada Start-up Visa Program:
Abhinav Immigration is an expert in carrying out comprehensive personalized need and eligibility based assessment, advising an ideal customized immigration program for each client.