The Canada Start-up Visa Program is an attractive option for entrepreneurs looking to immigrate to Canada, offering immense opportunity and potential. Canada's open business environment and strong economy make it a prime destination for start-up founders from around the world.
To be eligible, an applicant's business plan must be supported by a designated business incubator, angel investor group, or venture capital fund in Canada. Once this support is secured, the applicant and their family can gain permanent resident status and begin their entrepreneurial journey in Canada.
* Successful Application: Permanent Resident status (with a work permit, if applicable)
* Age Limit: No limit
* • Points System: Not required
* Asset Requirements: No minimum requirement; however, applicants must provide proof of settlement funds for the past six months. A single applicant needs to hold at least CAD 13,310 in deposits, with the amount increasing based on the number of accompanying family members.
* Business Background: No prior business background required
* English Proficiency: CLB 5 (Canadian Language Benchmark Level 5)
* Business Plan: Required, and must be supported by a designated organization. These organizations are categorized as: (A) Angel Investors, (B) Business Incubators, or (C) Venture Capital Funds.
Applicants must obtain a commitment certificate and a letter of support from a designated organization.
* Investment Requirements: The start-up can be individual or a partnership (each partner must hold at least 10% of the company's shares).
* Visa Fee: Principal applicant: CAD 2,140
* Application Processing Time: 35 months
* Accompanying Dependents: Spouse and unmarried children under 22 years old.
Headquartered in Singapore and established in 2006, AIMS has over 19 years of experience assisting clients with migration worldwide. With 11 offices across the globe, our services cover 30 countries and regions. AIMS is dedicated to understanding and protecting the rights and interests of every client, ensuring professional guidance and support throughout their migration journey.
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