Start-up Visa Program – Launch Your Business in Canada
The Start-up Visa Program of Canada provides a wonderful opportunity for entrepreneurs to set up innovative businesses in Canada while applying for permanent residency. This program is targeted and tailored to foreign nationals who intend to set up a business in Canada and require the much-needed support to translate their concept into reality. It aims to attract talented, motivated individuals who can contribute to Canada's economy by developing innovative products or services and creating jobs. By joining the Start-up visa program, candidates can work towards obtaining Canadian permanent residency while pursuing their entrepreneurial goals.
Pretzel Immigration Private Limited will ensure you achieve your goal of settling a business in Canada with the help of our expert team of immigration consultants. The Start-up Visa program has specific eligibility requirements that applicants must meet, as mentioned below:
- Designated Organization Support: Candidates must secure a letter of support from one of the designated organizations such as a venture capital firm, angel investor group, or business incubator, recognized by the Canadian government. The minimum investment requirement from a designated venture capital firm and angel investor group is $200,000 and $75,000 respectively. If you are accepted into a business incubator program, you don’t need a financial investment but must show the potential of your business idea. Pretzel Immigration Private Limited has established partnerships with several recognized organizations to help you secure the right support from a designated organization.
- Sufficient Funds to Settle in Canada: Applicants must show that they have sufficient financial resources to support themselves and their families once they arrive in Canada, the amount varies depending on the size of the family.
- Language Proficiency: Candidates must demonstrate proficiency in English or French by obtaining a minimum Canadian Language Benchmark (CLB) score of 5 in speaking, listening, reading, and writing.
- Ownership and Control: You must have at least 51% ownership and control of the business, and the business must be a new start-up or be in the early stages of development.
Our team will provide comprehensive support in every step of your immigration journey from obtaining a designated organization support to successfully applying with all required documents.
If you are ready to take the next step towards launching your business in Canada, contact Pretzel Immigration Private Limited today. Let us help you make your entrepreneurial dream a reality!
Free Immigration & Visa Assessment
Interested to explore immigration to Canada? The very first step in finding out is if you will qualify to apply for immigration. We provide free assessment of your education and work qualification. Click the button to fill up a short assessment form. We will assess your eligibility and will get in touch with you.