It’s a program that grants permanent residency to qualifying “entrepreneurial” immigrants. Officially, it’s titled the “Canada Start Up Class,” though it’s often called the SUV (Startup Visa Program).
The visa targets creative business leaders and connects them to Canada’s investors in the private sector. It then helps those entrepreneurs build their startups after immigration.
Applicants are allowed to initially enter Canada through work permits (if it’s supported by a designated investor in Canada). Later on, after their startup successfully launches its services, they may qualify for permanent residency.
Canada recognizes 3 types of investors in the private sector, which include:
The Canada Startup Visa was turned into a permanent program by March 2018.
Four requirements exist. They include:
Designated entities are Canadian angel investors in the private sector. They may also be business incubators or venture capital funds.
To qualify as designated entities, they need to meet the criteria below:
For applicants to be eligible for permanent residency, they need to:
Owners aside, a maximum of 5 candidates can have their application for permanent residency supported by a single business investment. But, specific applicants can be deemed essential for that business. If the essential candidate’s application fails (terminated, withdrawn, refused, etc.), then all other applicants for that business investments will also have their applications rejected.
To get work permits, applicants need Commitment Certificates from their designated entities. This’ll allow them to get work permits (short-term) to start work on their enterprise. However, their designated entities must support that request.
To get permanent residency, applicants need to:
Intending immigrating entrepreneurs to Canada are required to create or have a working business plan that’ll meet the due diligence criteria of government-accepted designated entities. Normally, this is the responsibility of investment consultants in Canada’s startup environment (and) expert corporate business migration lawyers. Both groups can review a business’ plans to see if it meets all conditions and terms in its industry.
Assuming an applicant has a suitable startup project, they’ll wait between four and six months before getting a Letter of Support or Commitment certificate from their designated entities. After that, the applicant can go ahead and submit a permanent residency application.
It’ll take around eighteen months to approve the application and issue a visa.
They can do so through our services.
All you have to do is book a consultation with us. We’ll review your case, and help you qualify for Canada’s SUV!
It’s a program that grants permanent residency to qualifying “entrepreneurial” immigrants. Officially, it’s titled the “Canada Start Up Class,” though it’s often called the SUV (Startup Visa Program).
The visa targets creative business leaders and connects them to Canada’s investors in the private sector. It then helps those entrepreneurs build their startups after immigration.
Applicants are allowed to initially enter Canada through work permits (if it’s supported by a designated investor in Canada). Later on, after their startup successfully launches its services, they may qualify for permanent residency.
Canada recognizes 3 types of investors in the private sector, which include:
The Canada Startup Visa was turned into a permanent program by March 2018.
Four requirements exist. They include:
Designated entities are Canadian angel investors in the private sector. They may also be business incubators or venture capital funds.
To qualify as designated entities, they need to meet the criteria below:
For applicants to be eligible for permanent residency, they need to:
Owners aside, a maximum of 5 candidates can have their application for permanent residency supported by a single business investment. But, specific applicants can be deemed essential for that business. If the essential candidate’s application fails (terminated, withdrawn, refused, etc.), then all other applicants for that business investments will also have their applications rejected.
To get work permits, applicants need Commitment Certificates from their designated entities. This’ll allow them to get work permits (short-term) to start work on their enterprise. However, their designated entities must support that request.
To get permanent residency, applicants need to:
Intending immigrating entrepreneurs to Canada are required to create or have a working business plan that’ll meet the due diligence criteria of government-accepted designated entities. Normally, this is the responsibility of investment consultants in Canada’s startup environment (and) expert corporate business migration lawyers. Both groups can review a business’ plans to see if it meets all conditions and terms in its industry.
Assuming an applicant has a suitable startup project, they’ll wait between four and six months before getting a Letter of Support or Commitment certificate from their designated entities. After that, the applicant can go ahead and submit a permanent residency application.
It’ll take around eighteen months to approve the application and issue a visa.
They can do so through our services.
All you have to do is book a consultation with us. We’ll review your case, and help you qualify for Canada’s SUV!
