canada start up visa

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    Elevate Your Start-Up in Canada

    The start-up visa program may make it possible for entrepreneurs to immigrate to Canada. Canada is looking for talented entrepreneurs that are interested in starting businesses that will stimulate the Canadian economy while generating employment chances for its residents.

    What is the Start-Up Visa Program?

    Entrepreneurs have the chance to immigrate to Canada through the start-up visa program to launch a new business. Immigrant business owners must show that their venture is unique, will generate new employment for Canadians, and is capable of competing on a global level.

    What Do Our Student Have to Say?

    Quickest visa approval within 3 months

    I came to First Step Immigration, after a recommendation, since I was looking for the best immigration consultants in Ahmedabad. It's safe to say, that I have had a fantastic experience with them, and they took care of all my…

    ANKIT KALAL Canada
    Quickest visa approval within 3 months

    I was recommended First Step Immigration, by a relative and it was the best decision I made to go to them. They took care of all my requirements, and I didn't have to do anything. I got my visa very…

    RINKU HARDIK PATEL Canada
    Quickest visa approval within 3 months

    First Step Immigration has been extremely helpful in getting me my Australia PR. The consultants are very polite and professional, and the services have been exemplary

    BHOOMI MODI Canada

    What fundamental requirements must you meet to apply for Start-Up Program?

    Following are the requirements you need to meet, to become eligible for the Start-Up Program

    • To have a qualifying business: A candidate must hold a minimum of 10% voting rights included in all the company shares. Also, you must own at least 50% of the voting rights associated with all of the Company’s shares and the Designated Organization.
    • Possess an endorsement document from the specified organization: We will assist you in making the case that you have the backing of an angel investment group, venture capital fund, or business incubator. Furthermore, you must propose your business concept and persuade the organization to support it. After that, each group will have a different procedure for presenting their business idea. Subsequently, if your pitch is accepted, the group will provide you with a letter of support, which you must submit with your start-up visa application.
    • Meet the requirement for language: The candidate must be able to pass the language proficiency test conducted by an approved agency. You must fulfil the minimum Canadian Language Benchmark of 5 bands in either English or French.
    • Proof of funds: You have to give evidence of your financial stability. Before coming to Canada, you must have enough money to support yourself and your dependents.

     

    Make Sure to be Supported by Designated Organizations for Start Up Visas

    You must demonstrate (with a commitment certificate and a letter of support) that your company is backed by a designated organization to meet the eligibility requirements. These records, which will detail your agreement with one or more specified groups, are crucial to your start-up visa application. There will be no requirement for applicants to spend their own money, unlike federal and provincial investor programs where they must.

    Those who are eligible must instead raise a minimum of $200,000 from a Canadian venture capital fund or $75,000 from a Canadian seed investor, as determined by the government of Canada. No investment money is required if the applicant is accepted into a reputable Canadian business incubator.

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    Frequently Asked Questions?

    What if the business falls apart?

    What are the benefits of the Start-Up Visa for Canada?

    What is the time duration of the process for getting a start-up visa?

    Is it relevant to work full-time on a Start-up visa?

    What happens once I obtain a Start-Up visa?

    Why take your First Step of immigration with us?

    Entrepreneurs with high-potentials can reside anywhere in Canada thanks to First Step Immigration when they launch their company in Canada thanks to our appointment as a designated organization under the new Alberta Foreign Graduate Start-up Visa Stream and our designation as a Government of Canada Start-up Visa business incubator (FGSVS).

    With ten years of business, tax, and corporate finance expertise, First Step can give applicants detailed guidance on structuring their start-ups. For those considering the program or already starting the first steps, First Step offers strategy advice as one of its services. Contact our experts for further details!

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