Canada, the world’s second-largest nation and one of its most affluent, consistently ranks among the top countries to live in. Renowned for its exceptional standard of living, Canada boasts an open and accepting culture, a pristine environment, and a low crime rate. It is also celebrated for offering an affordable blend of a high-quality lifestyle and an excellent education system.
CANADA
(Start-Up Visa Program)
VISA FREE DESTINATIONS:
187
PASSPORT INDEX RANK:
7th
OVERVIEW:
PROCEDURE:
Clients are required to prepare and submit a business proposal, which needs to be approved by a designated government business organization. Once approved, you will receive a letter of support, allowing you and your family to apply for permanent residence. In order to maintain permanent resident status, physical presence for two out of five years (or 730 days) in Canada is required.
MINIMUM CAPITAL REQUIREMENT:
Applicants are required to propose an innovative, scaling start-up business.
MAIN APPLICANT REQUIREMENTS:
- English or French language proficiency at the CLB/IELTS 5 level
- Good health
- No criminal record
In addition, applicants are required to propose an innovative, scaling start-up business, approved by a designated organization.
Choose one of the following three options:
- Business incubation: No minimum investment required.
- Angel investment: Raise CAD 75,000 from an angel investment group, depending on a certain stage of the business.
- Venture capital fund: Raise CAD 200,000 from a venture capital fund, depending on a certain stage of the business.
For the three options above, additional fees apply for optional consulting, government fees, business structure, document processing, and immigration filing.
PROCESSING TIME:
12-31 months
KEY BENEFITS:
- High standard of living.
- Affordable, high-quality education and healthcare.
- Multicultural, tolerant, and vibrant cities.
- Excellent place to do business, with access to the entire North American market.
- Family included in the application.
- Minimal application requirements, with no age restriction, no net worth, and no higher education needed.
- Eligibility for citizenship after three years (or 1,095 days) of physical presence out of a five-year period.
