Firstly, it is important to note that the Start-Up Visa program has nothing to do with an actual visa. Generally, a visa is another name for a temporary immigration program.
The Start-Up Visa is essentially an excellent pathway to earning a Canadian PR. Furthermore, if you own a business, there is no need to sell or produce any specialty products to improve your odds of being accepted.
Who can apply through the Start-Up Visa Program?
This program was created for the purpose of recruiting innovative foreign national entrepreneurs who will have a positive effect on Canada’s business environment and economic growth.
Start-Up applicants must meet the following requirements:
- you must hold a minimum language requirement in English or French (CLB 5 in all abilities);
- you must possess sufficient funds;
- you must have a plan to settle in a province other than Quebec;
- you must pass all Canadian security and medical clearances;
- you must prove that your business is supported by a designated organization; and
- you must show that your business meets ownership requirements.
You must meet the requirements were no more than five foreign nationals can apply for PR under the same business venture.
How to Get a Start-up Visa?
As a successful entrepreneur thinking about receiving a Start-Up Visa, do not worry about how the name of the program sounds! For you, meeting the requirements is far easier than through other immigration programs (and it is our job to match you with the best possible pathway)
Business Resume that meets the Criteria
To meet the criteria, your resume should clearly demonstrate why you are the right candidate to be added to a start-up venture. This immigration program is meant for individuals with creative and innovative abilities. Remember, this innovative idea does not necessarily need to come from you.
In fact, so long as you are a member of a group that is trying to grow a business idea in Canada–you may qualify. However, please note that your educational and business background is a top priority when determining your admittance to a start-up group.
For example, suppose that your preferred group aims to provide the medical sector services through online platforms. In this case, your background must either be in the area of medical sciences or, it must be related to computing or digital services.
Having a background in civil engineering, for instance, even a successful one, will not justify your admittance to such a group (as an example).
This is a perfect example of the crossroads that many potential immigrants arrive at, only to find that they are either applying to the least optimal program or do not have the most important information to help their chances of success.
If you are an entrepreneur, and this program resonates with your dream to move to Canada, you should remove any uncertainty and consult with an immigration consultant right away.
These experts specialize in finding the proper start-up group for you, based on your background and previous experience. This alone can save you countless expenses and so much time in the process.
Immigration Pathway Through Start-Up Visa
- Receiving a Letter of Support from a Designated Institution
- Setting up an Application Package
- Submitting the Application
- Setting up an Application Package for Work Permit (note: this is optional)
- Official Approval & Earning Permanent Residency (PR)
The Benefits of Canada’s Start-Up Visa
Due to recent changes in the rules that govern Canada’s immigration programs, both investment and entrepreneurship avenues have become more difficult. Compared to these programs, the Start-Up Visa pathway is considered a far easier choice, especially when it comes to immigration via business programs.