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Immigration to Canada (Start-up Visa)

 

Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that are innovative, can create jobs for Canadians and can compete on a global scale. To be eligible for the Start-up Visa Program, you must have a qualifying business, get a letter of support from a designated organization, meet the language requirements and bring enough money to settle.

 

A qualifying business means you created a business that meets the following conditions.

  • At the time you get a commitment from a designated organization:

    • each applicant holds 10% or more of the voting rights attached to all shares of the corporation outstanding at that time (up to 5 people can apply as owners)

      AND

    • applicants and the designated organization jointly hold more than 50% of the total voting rights attached to all shares of the corporation outstanding at that time

  • At the time you receive your permanent residence:

    • you provide active and ongoing management of this business from within Canada

    • an essential part of the operations of the business happens in Canada

    • this business is incorporated in Canada

You must get a letter of support from a designated organization (a business group that has been approved to invest in or support possible start-ups).

You will need to:

 

  • contact the designated organization to find out how to get its support

  • convince the organization that you have a business idea that is worth supporting

  • get a letter of support from the designated organization

 

 


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