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START-UP VISA PROGRAM

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What is a start up visa to Canada?

We can help foreign business owners and investors finding a pathway to establish and grow their operations through the start-up visa. Above all, you can apply for Canada PR status. This specialized program facilitates the immigration of up to five partners (each partner must own at least 10% of the venture) of a firm and their dependent family members to immigrate to Canada.

“The business must have significant potential to compete on a worldwide level, a solid business strategy, and appropriate plans for settling in Canada.”

Applicants get business support

The Start-up Visa Program in Canada has partnerships with several private sector organizations. Some of the prominent organizations in the program include BDC Capital, MaRS Discovery, Communitech, etc. Successful candidates might potentially obtain funding, assistance, and expertise in setting up and running a business in Canada.

We can help you drafting your proposition. Get in touch if you need clarification.

Apply for Canada PR

To qualify for the PR program, entrepreneurs must have a qualifying business idea, secure a letter of support from a designated organization, and meet other eligibility requirements. Successful applicants can obtain permanent residency in Canada and build their business in a thriving start-up ecosystem.

“Have you prepared an interesting business proposition? It’s mandatory.”

Type of business falls under this program

The Start-up Visa Program is open to innovative entrepreneurs with a qualifying business idea in any sector. The program seeks to attract individuals with high potential for creating jobs and driving economic growth in Canada.

To be eligible, the business must be innovative, scalable, and have the potential to compete internationally. The program also requires that the business is incorporated in Canada and that the applicant owns at least 10% of the voting rights (outside Canada).

Designed for business minded people only

  • Have at least ten percent of the company’s equity
  • The minimum required level of fluency is CLB 5
  • Must prove that they have a solid financial health
  • Investing funds – more than CAD$ 150,000
  • You must be an entrepreneur with great skills from your industry
  • Access to a liquid venture (flexible)
  • Are you a manager? Make sure you have unique skill sets (managerial)
  • Be the one among the five partners
  • The company must have high-value assets and should generate good revenue.
  • No existing debts and tax fraud
  • Create job opportunities for Canadian citizens and PR holders
  • Meet other requirements (as asked).

Immigrant Quebec start up visa

Do you have a unique concept for a company? You could be able to immigrate to Quebec if you can convince one of the recognized groups to back your plan. The Quebec government runs its own corporate immigration system. Talk to us for more information!

“The application process for an immigrant or an international business group is quite different.”

Cosmic Immigration can help you

If you need assistance with the start-up visa, Cosmic Immigration Service is here to help. We can assist you at any stage. We’ll help you secure a Canadian business permit and visa. We can make establishing a company in Canada far less difficult and stressful. Get in touch with us right away if you’re curious.