Canada’s start-up Visa program enables immigrant marketers to establish organizations in Canada by permitting foreign commercial enterprise owners and their families to apply for everlasting resident popularity. Even as anticipating their permanent residence, Foreign entrepreneurs who have applied to the start-up Visa are eligible for a transient work to allow, permitting them to travel to Canada to launch their enterprise.
Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada:
- Innovative business idea
- Can create jobs for Canadians
- Can compete on a global scale
If you want to participate in the program, you must make sure you meet four eligibility requirements:
- Obtain a Commitment Certificate or Letter of Support from a designated entity
- Have sufficient settlement funds in your possession
- Have at least one year of post-secondary education
- Demonstrate sufficient proficiency in English or French through standard testing (equal to Canadian Language Benchmark level 5).
Applying for Visa
At first, you should prepare a careful and detailed business plan, describing your venture, and how you plan to make it successful. Then send the business plan to Canadian entities After you have obtained the support of designated entities, You must submit the letter of support from a Canadian entity to IRCC.
At the final stage, IRCC will evaluate your application. They will check if you have fulfilled minimum funding requirements and if you have submitted sufficient proof of funds to support yourself and your family members while you are setting up your business in Canada. Process
Applications are typically processed within 12 to 16 months. However, applicants can apply for a temporary work permit enabling them to begin working in Canada prior to the approval of their permanent residence application.
Once an application is approved, the principal applicant and all accompanying family members will receive Canadian permanent resident status.
If you are looking forward to starting a business in Canada through a Start-up business program, our professional team will ensure your visa documentation is submitted accurately and on time. Contact us to know more.