SERVICES DETAILS

Investor Immigration to Canada

Click Here to Begin Your Assessment and Take the First Step Towards Your Canadian Dream!

Launch Your Business with the Start-Up Visa

In an effort to foster innovation and economic development, Canada’s Entrepreneurial Immigration Initiative empowers global entrepreneurs to plant business seeds within its borders through the Start-Up Visa Program. This immigration pathway doesn’t just open doors for new ventures; it offers the priceless benefit of permanent residency for visionaries prepared to ascend in the Canadian business landscape. If you’re an entrepreneur with aspirations to make a mark on the international market, this program could be your springboard.

At the heart of this initiative is not merely the establishment of new ventures but also the prospect of acquiring an existing Canadian enterprise. This adaptive option caters to entrepreneurial strategies that either involve sparking a brand new idea or expanding upon an existing venture. The forward-thinking angle of this entrepreneur visa makes it one of the most compelling methods for purchasing or initiating a business in Canada.

Start-Up Visa Program Qualification Criteria

If you’re considering taking your entrepreneurial spirit to new heights, the Start-Up Visa Program could be your ticket to a thriving business in a dynamic marketplace. However, it’s crucial to familiarize yourself with the stringent qualification criteria designed to identify and welcome business visionaries who have the potential to make substantial economic contributions.

Qualifying Business Criteria

At the forefront of the qualifications is the establishment of a qualifying business. According to the specifications outlined by PL Immigration, a successful application begins with these prerequisites:

The business must be incorporated within the nation’s borders, with the applicant a minimum of 10% of the corporation’s voting rights.
A key ownership stipulation is that designated investment entities can hold no greater than a 50% stake in the company- The business operations must be overseen directly by the applicant from within the country’s geographical confines.

Secure a Letter of Support from a Recognized Entity

A pivotal requirement in the process is acquiring a letter of support from a recognized entity. These entities, sanctioned by the government, encompass a range of venture capital firms, angel investor networks, and business accelerators. To secure such a letter, consider the following steps:

Delve into the approved list of recognized entities and pinpoint one that aligns with your business plan.
Develop a thorough business proposal and present it to the chosen entity for assessment.
A promising business plan may result in the provision of a letter of support from the entity.
Ensure the letter vindicates a pledge of financial investment or entry into a business accelerator initiative.

Language Proficiency Standards

Command of English or French is another vital requirement for the Start-Up Visa Program. As an applicant, you must demonstrate language abilities meeting or exceeding Level 5 of the Canadian Language Benchmark (CLB). To validate your linguistic competencies, undertaking an IRCC-approved test, such as IELTS or CELPIP, and achieving the standardized benchmark scores is mandatory.

Financial Readiness for Settlement

Possessing the financial means to sustain yourself and your family upon arrival is also an essential criterion. The exact monetary requirement is contingent on your family’s size, ensuring a comfortable transition as you embark on your entrepreneurial venture.

Guide to Secure a Canadian Start-Up Visa

Embarking on the journey to secure a Canadian Start-Up Visa is a meticulously detailed process, demanding comprehensive preparation and adherence to procedural guidelines. Here’s a crafted guide to help you smoothly navigate the start-up immigration landscape:

Initiating Your Canadian Start-Up Visa Deployment

Kickstart your path to your entrepreneurial move by setting up a Permanent Residence Online Account. This digital platform will serve as your submission hub for the entire application and accompanying documents.

Understanding Application Protocols

Take time to thoroughly review the instructional guide, designed to enlighten prospective applicants about the in-depth requirements, checklist, and fee structure for the Start-Up Visa program. The instruction guide is a critical resource, ensuring applicants are well-informed prior to completing their application forms.

Comprehensive Form Completion

Accuracy and thoroughness are paramount when filling out your forms to demonstrate eligibilities such as personal credentials, business insights, and endorsements from designated entities. The required documentation consists of:

Standard Application Form for Canada (IMM 0008)
Personal History Form (IMM 5669)
Family Information Form (IMM 5406)
Travel History Form (IMM 5562)
Checklist of Required Documents (IMM 5760)
Start-Up Business Classification Form (IMM 0008 SCHEDULE 13)
Common-law Union Affidavit (IMM 5409), if applicable
Minor Separation Statement (IMM 5604), if applicable

Begin Your Canadian Adventure Today!

Ready to embrace a new life in a land of unparalleled opportunity, cultural diversity, and natural beauty? Canada welcomes you.

Enhance your application success rate and ease the complex procedure by enlisting the services of a qualified Immigration Consultant. Should you decide to opt for professional assistance, submitting an Authorized Representative Form (IMM 5476) is mandatory.

Consolidation and Submission of Documents, Biometrics, and Application Fee

Complete your application by attaching the necessary supporting documents and providing your biometrics. The latter effectively solidifies identity verification and curbs identity misuse. Documents include:

Valid travel documentation and passports
Recent language proficiency test outcomes
Confirmation of Support from your designated entity
Birth certification
Amendments to legal name and/or birth date (if applicable)
Marriage, divorce, or annulment records
Deceased spouse or partner death certificates (if applicable)
National identity documentation or household registration (if applicable)

Finalizing Your Visa Application

To submit a flawless application, confirm that you have responded to all questions, electronically signed your form, included your transaction receipt, and uploaded every supporting document. An incompletely submitted application will result in rejection. An Immigration Consultant’s expertise can be pivotal in scrutinizing your application to minimize errors before pressing the submit button.

Post-Submission Process

Upon completing your application submission, the journey through the evaluation stages begins.

The application for the Entrepreneur Visa program in Canada undergoes a stringent evaluation by PL Immigration authorities. They meticulously examine the feasibility of your start-up concept, gauge if you have the means to a flourishing enterprise in Canada, and determine your potential impact on the economic landscape.

Average processing intervals for the Entrepreneur Visa scheme hover around 12 to 16 months, although this can fluctuate due to application volume or individual applicant situations.

A successful application culminates in the issuance of a Confirmation of Permanent Residence (COPR), signifying your acceptance as a permanent resident within the Canadian borders.

The Entrepreneur Visa initiative extends beyond merely establishing a venture in Canada; it’s geared towards fostering strong, globally competitive businesses that will create employment opportunities and bolster the economy. It’s a collaborative growth opportunity for both innovative entrepreneurs and the Canadian market.

This program doesn’t just pave an immigration pathway; it nurtures a fertile environment that propels your venture towards prosperity. If an innovative business plan and ambition drive you, this initiative could pave the way for a thriving business and a Canadian residency. Navigating the process might seem daunting, yet with the proper guidance and determination, embracing this venture could be immensely rewarding.

Over

0 +

Dreams Fulfilled

At PL Immigration, our numbers speak for themselves.

WORK WITH US

Work in Canada

Together in Canada

Student Pathways