STARTUP VISA
The Canada Startup Visa program is designed to attract foreign entrepreneurs who have the skills and potential to build innovative businesses in Canada. The program is intended to create jobs for Canadians and contribute to the country’s economic growth.
To qualify for a Startup Visa, you must have a business that is innovative, has the potential for high growth, and can create jobs in Canada. You must also be supported by a designated organization, such as a venture capital fund, angel investor group, or business incubator.
If your application is approved, you will be issued a Startup Visa, which will allow you to enter Canada and start building your business. The Startup Visa is a temporary visa that is valid for up to five years, and can be extended if your business is successful.
The Startup Visa program is a competitive process, and not all applications will be approved. However, if you are a foreign entrepreneur with an innovative business idea and the potential to create jobs in Canada, the Startup Visa program may be a viable option for you to start your business in Canada.
You will need to submit an application for a Startup Visa to Immigration, Refugees and Citizenship Canada (IRCC).
You will need to provide various documents to support your application, such as proof of business ownership, a business plan, and a letter of support from a designated organization.
You may be asked to attend an interview with an IRCC officer to discuss your application and business plan.
If your application is approved, you will be issued a Startup Visa, which will allow you to enter Canada and start building your business.
ELIGIBILITY CRITERIA
To apply for a Startup Visa, you must meet the following requirements:
DOCUMENT REQUIREMENT
- Proof of business ownership
- Business plan
- Letter of support from a designated organization
- Language test results
- Proof of settlement funds
- Education and work experience documents
- Passport and travel documents