CANADA START-UP VISA PROGRAM
For foreign entrepreneurs with the skills and potential to build or support businesses in Canada that are: innovative, create jobs for canadiens and compete on a global scale.
Application process and requirements
Have a business idea
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Create business plan and pitch to designated organization
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Meet language requirements (CLB 5)
Financial sustainability
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Make sure to have enough money to settle in Canada
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Obtain letter of support from designated organization
Operate business
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Obtain a work permit while waiting for Permanant Residence
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Operate day to day activities and execute busines plan
Qualified Business
A qualifying business means you created a business that meets the following conditions.
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At the time you ghttps://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/start-visa.htmlet a commitment from a designated organization:
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each applicant holds 10% or more of the voting rights attached to all shares of the corporation outstanding at that time (up to 5 people can apply as owners)
AND
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applicants and the designated organization jointly hold more than 50% of the total voting rights attached to all shares of the corporation outstanding at that time
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At the time you receive your permanent residence:
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you provide active and ongoing management of this business from within Canada
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an essential part of the operations of the business happens in Canada
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this business is incorporated in Canada
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