All You Need to Know About the Canadian Startup Visa Program

Meta: Canadian immigration programs allow emerging entrepreneurs to set up their businesses in Canada. Here’s all you need to know about the Canadian Startup Visa program.

The Canadian startup culture is booming and is attracting global entrepreneurs to set up their businesses in the country. Canada has an exceptional infrastructure and highly skilled labour that is perfect for a new business to grow.

However, migrating your business to Canada can be challenging if you aren’t aware of the immigration programs you can opt for. Luckily, the Canadian government has started a Canadian Startup Visa program to help entrepreneurs shift their business to Canada.

Let’s find out everything you need to know about it.

The Basics Of The Canadian Startup Visa Program

Canada Startup Visa program, also known as the Canada Start-Up Class, is an extensive immigration program that grants permanent residency status to aspiring individuals from foreign countries. The program connects entrepreneurs with private investors like venture capitalists, business incubators, and angel investors to boost the start-up culture.

Eligibility Criteria

Don’t want your application to get rejected? You must fulfill the eligibility criteria to ensure you get your permanent residency status as soon as possible. We’ve listed the criteria to make the application process easier for you:

• Company shares: You should have at least ten percent of the voting rights of all the shares of the company.
• Letter of support: You should have a letter of support from a Canada-based investor
• Language requirement: You should fulfill the minimum criteria of the Canadian Language Benchmark (CLB)
• Proof of funds: You must show that you’ve got enough funds to take care of the personal expenses of your family.

How To Apply?

You can start applying for the Canadian immigration programs by filling out the respective application forms. Once you’ve filled the forms accurately, collect and submit all the relevant documents. After the document submission, you must pay the application fees and wait for the result.

Hire Immigration Lawyers To Apply For Canadian Startup Visa Program

Do you want to apply for the Canadian Startup Visa Program but don’t know how? Consult the team at Nanda & Associate Lawyers. Our immigration lawyers have been helping clients apply for Canadian immigration programs since 2003. We can manage your paperwork and find the perfect program for you.

While you’re busy making business plans, we can help you submit your application for the Canadian Startup Visa program. For more details about our immigration law services, contact the team at Nanda & Associate Lawyers today!