Canada Start-Up Visa Sponsorship 2024 – Immigration

Canada Start-Up Visa Sponsorship 2024 is on now for those of you who want to travel to Canada through visa sponsorship. If you are interested in working or schooling in Canada, here is the opportunity to apply for Canada start-up visa sponsorship 2024.

Canada Start-Up Visa Sponsorship

This visa application is made available for any one who wishes to travel to Canada for education or job opportunity purpose. Many has travelled through this start-up visa sponsorship before now and many are on the pipe line waiting for their turn.

Let us show you the right steps to apply for Canada Start-up Visa sponsorship for 2024/2025. Application is strictly online base. So if you are not computer literate, is better you look for someone to assist you register for the Canada immigration start-up visa 2024.

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Live And Work in Canada

At Immigration.ca, since 1994, we have provided a guiding light to many thousands of persons wishing to immigrate to Canada. We share in the optimism and sincere belief that Canada offers excellent settlement options within a stable environment to those who wish to become a part of its landscape.

Under the direction of COLIN R. SINGER, one of Canada’s leading immigration lawyers, recognized by the Government of Canada, we provide tailor made simplified solutions to individual immigrant applicants seeking to relocate to Canada as well as personnel resource managers of Canadian employers intending to hire foreign nationals.

Immigration to Canada serves as the foundation for continued economic growth and which brings people, customs and traditions, rituals and culture to the forefront of current Government policy. Each of the provinces in Canada has authority to implement their own provincial immigration programs (PNP).

Embrace your future and bring the heritage of your past to a place where you and your family will be proud to refer to as home – Canada!

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What are the different immigration options available to me?

There are a number of options available for every person wishing to embrace a better life and future in Canada, some of these Canadian Immigration options are as follows:

  1. Skilled Worker Immigration: Professionals, Engineers, Lawyers, Information Technology Specials, etc.
  2. Investor Immigration: Investors, Entrepreneurs, High Networth Individuals, etc.
  3. Trade Worker Immigration: Heavy/Long Haul Drivers, Welders, Electricians, etc.
  4. Family Sponsorship: Spouse, common law partners, children, etc. of Canadian citizens and permanent residents.
  5. Canadian Experience Immigration: Individuals with previous work experience in Canada.

How can I start my Canadian immigration process?

There are a number of ways to start your Canadian immigration process, the easiest and best way to ensure that your papers and documents are filled properly to increase your chances to immigrate to Canada is to complete the following steps:

  • Find out which immigration category you would like to apply for.
  • Fill our immigration Free Online Assessment form to ensure you are eligible to immigrate to Canada.
  • Follow the steps your immigration.ca immigration advisor will send you after completing your assessment form.

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Is the Canada Start-Up Visa Program for you?

Are you a dynamic entrepreneur interested to start a business in Canada and obtain permanent residence?

The Canada Start-up Visa Program aims to recruit innovative entrepreneurs to Canada and link them with the Canadian private sector businesses in order to facilitate the establishment of their start-up business in Canada.

How does the program work?

To be eligible for the program, you must meet four basic requirements:

  • Create a qualifying business;
  • Have sufficient settlement funds;
  • Obtain a commitment from a designated entity;
  • Demonstrate sufficient proficiency in English or in French.

Successful candidates will receive a letter of support from a government-designated entity: angel investor group, venture capital fund or business incubator.

The government designated entity is primarily responsible to determine the viability of the applicant’s intended business and present an approved project, along with a Commitment Certificate, to the Canadian immigration authorities.

In order to qualify, the intended business must be incorporated and carrying on business in Canada at the time the commitment is made and:

The applicant owns a least 10% of the voting rights in the corporation; AND

No other person holds 50% or more of the total amount of voting rights in the corporation.

Up to five applicants may have their application for permanent residence supported by the same business investment. However, certain applicants may be designated essential to the intended business. If any of the essential applicants withdraw their application or are refused for other reasons, all other applicants under the same business investment will see their applications terminated.

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Early Entry – Work Permit

If you look forward to begin working for your new business in Canada, you may apply for a short-term work permit on the basis of your Commitment Certificate, if the designated entity supports such a request. If approved, you will be able to come to Canada before your permanent residence application is completed.

To apply for permanent residence, the following criteria must be met:

  • You must be actively involved in the management of the business within Canada;
  • The operations of the business, or an essential part, must take place in Canada; and
  • The business must be incorporated in Canada;
  • You must have the intention to live in any province of Canada except the province of Quebec.

8 Things to Know About Canada’s Start-Up Visa Program

1) What Is Canada’s Start-Up Visa Program?

Canada’s Start-Up Visa Program offers Canadian permanent residence to qualified immigrant entrepreneurs. It is officially known as the Canada Start Up Class. But it is largely referred to as the Start-Up Visa program (SUV).

The program targets innovative entrepreneurs and links them with private sector investors in Canada who will help establish their start-up business.

Candidates can initially come to Canada on a work permit supported by their designated Canada-based investor, before qualifying for permanent residence once their business is up and running.

There are three types of private-sector investor:

  • Angel investor.
  • Venture capital fund.
  • Business incubator.

Initially a three-year pilot, the program was made permanent on March 31, 2018.

2) What Are the Candidate Eligibility Requirements?

The basic candidate eligibility requirements for the Start-Up Visa are:

  • Qualifying business.
  • Commitment Certificate and Letter of Support from a designated entity.
  • Sufficient unencumbered, available and transferable settlement funds.
  • Proficiency in English or French at minimum Canadian Language Benchmark level 5.

3) What Is A Start-Up Visa Program Designated Entity?

A designated entity is a Canadian private sector angel investor, venture capital fund or business incubator.

The required commitment must meet the following criteria:

  • A designated angel investor group must invest at least $75,000 into the qualifying business. Candidates can also qualify with two or more investments from angel investor groups totaling $75,000.
  • A designated venture capital fund must confirm that it is investing at least $200,000 into the qualifying business. Candidates can also qualify with two or more commitments from designated venture capital funds totaling $200,000.
  • A designated business incubator must accept the applicant into its business incubator program.

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4) What Are the Start-Up Visa Program Business Ownership Requirements?

For the candidate to qualify for permanent residence:

  • The intended business must be incorporated and carrying on business in Canada.
  • The candidate must own at least 10 percent of the voting rights in the corporation.
  • No other person can hold 50 percent or more of the voting rights in the corporation.

NOTE: Up to five candidates may have their permanent residence application supported by the same business investment. However, certain candidates may be designated essential to the business. If any essential candidate withdraws their application, or are refused, all other candidates under the same business investment will see their applications terminated.

Check out more things you need to know about Canada start-up visa sponsorship program 2024 Here.

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