The program is great to get a Work Permit and to attain permanent residency. The Canada Start up Visa lets 5 founding partners of a creative and innovative business to become eligible for an open work permit for up to 3 years. The applicants qualify for permanent residency through the SUV program.
The business owners and investors can enjoy a variety of tax benefits while applying for Start-up Visa for Canada. The SUV program was designed for immigrants to assist them in establishing their business in Canada. The eligible candidates can settle in Canada and apply for temporary work permits.
The Start-up Visa Program is designed for immigrant entrepreneurs with the potential and skills to establish a business in Canada (Outside Quebec) that is innovative, creates jobs for Canadians, and has the ability to compete on a global level.
Here are some of the main features of Canada Start-up Visa:
The Start-up Visa for Canada program offers two investment options to the investors:
The applicants are available with a variety of investment options. They can invest $1,000,000 in a new enterprise within specific commercial regions. However, the applicants should maintain a proactive approach and manage the daily operations in all the aspects of the business.
The applicant is required to invest $800,000 in a government-approved project that creates jobs for the citizens. The applicants can live anywhere in the country. The program has no restriction of the applicant living in state he has invested in.
Here is a breakdown of how the Canada Start-up Visa works:
You need to have support from an at least one of the organizations to apply for Start-up Visa Canada and obtain permanent residence in Canada. The foreign entrepreneurs must come with a unique start-up business idea approved by a designated organization.
Additional fees has to be paid for all the three options for government fees, business structure, consulting, immigration filing and document processing.
Canada is one of the wealthiest nations and an appealing spot for aspiring investors and entrepreneurs. The Federal government established the Canada Start-up Visa program. It has been substantial in getting people to invest in Canada and start business here.
Canada has a thriving economy and offers a favorable environment for business. Its location allows businessmen to access the entire North American market. It takes up a major area of North America. The country covers a huge area from Atlantic in east to Pacific in the west and Arctic in the north. Including the water, Canada is the second largest county in the world after Russia.
Canada is renowned for its high quality of life, safe and secure environment, cleanliness, low crime rate, sound economy, excellent healthcare and education benefits, and tax and pension benefits. The country has been voted as one of the best countries to live in multiple times. Canada is a member of the OECD and the G8. It is a mixed market and ranks higher than the most European nations and the USA. Since the 90s, the country has been experiencing a thriving economy and growth. The country offers numerous opportunities to the foreign investors as well as immigrants.
If you live in the UAE and want to obtain a Canada passport by investment, DM Consultants can help you get professional investment and immigration services and help gain citizenship. Our professional team will help you obtain Canada investment visa and secure a prosperous future for yourself with full support and guidance. We can ensure a smooth and successful application process.
Book a free consultation with DM today to know further about the Canada Start-up Visa.
If you have a unique idea for business and think you can establish a creative business, it will make you eligible for Canada residency by Investment through the Start-up Visa for Canada.
Listed below are the eligibility requirements an applicant has to fulfill:
Provide proof of language proficiency and collect other personal documentation mandatory for the application. Language must be English or French at CLB level five.
The last critical step is submitting the application form, support documents, and fees to pursue the SUV.
The applicants can establish and expand their business in Canada if all the requirements are fulfilled and the necessary documentation is provided. The general success rate for the SUV program is above 75%. The approval rate varies based on the type of designated organization.
The second important step is acquiring a commitment certificate or letter of support from a business incubator, venture capital fund, or an angel investor group. These are called the designated organizations. To get a letter of support, here are the steps:
Canada is one of the most preferred country for immigration. It offers a welcoming environment and plenty of opportunities to immigrants:
We offer detailed solutions customized to each individual’s unique needs and goals. Our experts can provide valuable advice and solutions after listening to your goals and expectations and then give you detailed information regarding all immigration and investment procedures and programs.
We are driven to achieve client satisfaction. We ensure that our clients make the best decision based on our knowledge and expertise.
We offer detailed solutions customized to each individual’s unique needs and goals. Our experts can provide valuable advice and solutions after listening to your goals and expectations and then give you detailed information regarding all immigration and investment procedures and programs.
Our team is passionate about delivering results and maintaining efficiency. We are punctual during the application process to ensure that everything is done on time and gets positive results.
