Start-Up Visa Program

Information

What is the Start-Up Visa Program?

The Start-Up Visa Program (SUV) is a Canadian immigration program designed for entrepreneurs who want to establish an innovative business in Canada. It provides a direct pathway to permanent residence for business founders who can secure support from designated Canadian organizations.

Eligibility Requirements:

To qualify for the Start-Up Visa Program, applicants must meet the following criteria:

  • Qualifying Business:

    • The business must be innovative, have growth potential, and be competitive globally.

    • At the time of receiving permanent residence:

      • The applicant must own at least 10% of voting rights in the business.

      • The designated organization and applicants must jointly own more than 50% of voting rights.

  • Letter of Support from a Designated Organization:

    • The applicant must secure support from one of the following:

      • Venture Capital Fund (must invest at least CAD $200,000).

      • Angel Investor Group (must invest at least CAD $75,000).

      • Business Incubator (must accept the business into an incubation program).

  • Language Proficiency:

    • Minimum CLB 5 in English or French (IELTS: Listening 5.0, Reading 4.0, Writing 5.0, Speaking 5.0).

  • Sufficient Settlement Funds:

    • Applicants must prove they have enough money to support themselves and their dependents upon arrival in Canada. The amount depends on family size.

  • Intent to Live Outside Quebec:

    • Since Quebec has its own business immigration programs, applicants must plan to settle in any province except Quebec.

Advantages of the Start-Up Visa Program:

✅ Permanent Residency from Day One – Entrepreneurs and their families receive PR regardless of business success.
✅ No Minimum Investment Requirement from the Applicant – The required funding comes from a designated organization, not the applicant.
✅ No Age Limit or Prior Business Experience Required, making it accessible to younger entrepreneurs.
✅ Multiple Founders Can Apply – Up to 5 co-founders can apply under the same business.

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