program
Canada - Start-Up VisaBusiness Migration
Canada Start-Up Visa Program Overview
Minimum Investment
Starting from $ 210,000
Minimum Investment
N/A Real Estate
Time to Residency
14-18 Months
Visa-free Access
1 Country
Canada Start-Up Visa Requirements
The Canada Start-Up Visa program is designed for innovative entrepreneurs looking to establish or expand a business in Canada. Endorsed by a designated organisation, applicants must have a viable, scalable, and innovative business idea. This visa requires securing a commitment from a designated organisation and allows an initial stay that can lead to permanent residency. The program offers a streamlined path for entrepreneurs who are looking for visa to establish their business in Canada and contribute to its economy and foster innovation.
Main Applicant Requirements
- 18+ years of age
- Good health
- No criminal record
- Business idea endorsed by a designated organization (venture capital fund, angel investor group, or business incubator)
- Meeting language requirements (English or French)
- Sufficient settlement funds
Eligible Dependents
- Spouse of the main applicant
- Adult children (biological or adopted) under 22 years of age
Canada Start-Up Visa Benefits
Business & Employment
Permanent residents in Canada are also known as landed immigrants. They can also legally work in the start-up venture and open several other businesses in Canada if you so desire.
Health & Education
Access to world-class health services and high standard education opportunities for you and your family.
Straightforward Process
Designed to be a smooth and straightforward process with a timeframe that varies depending on processing times.
Pathway to citizenship
Canadian Permanent residence status is valid for 5 years. If you have physically lived in the country for 730 days out of the five years, you become eligible for Canadian citizenship.
Tax Relief
Canada offers a favourable tax regime for businesses and individuals.
Dual Citizenship permitted
There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.
CANADA - START-UP VISA | Business Migration
Legal Basis
The Canada Start-Up Visa program is based on the Immigration and Refugee Protection Act (IRPA) and associated regulations, allowing individuals who fulfil the specified requirements to obtain permanent residency.
Costs of Canada Start-Up Visa
Main Applicant
CAD 2,140
Spouse
CAD 1,365
Dependent child below 22
CAD 230
Biometrics fees
CAD 170
Application Process For Canada Start-Up Visa
Application Process
14-18 Months
- Step 1Savory & Partners will pre-screen your passport copy for government pre-approval. A down payment of the professional fees is required to open your application. The response is in 24-48 hours.
- Step 2During this stage, Savory & Partners will help you prepare a comprehensive business plan that outlines the operations, financial projections, and growth potential of your enterprise.
- Step 3Savory & Partners' professional team will assist and advise you with the collection of the required documents according to the government checklist. This ensures that all necessary paperwork is correctly compiled and submitted.
- Step 4Submit your business plan and supporting documents to a designated organisation (venture capital fund, angel investor group, or business incubator). Savory & Partners will guide you through this process to obtain the necessary endorsement for your business idea.
- Step 5After receiving the endorsement, Savory & Partners will assist you in submitting your Start-Up Visa application to Immigration, Refugees and Citizenship Canada (IRCC). This includes compiling all necessary documentation and completing the application forms.
- Step 6Attend a biometrics appointment at a visa application centre. Savory & Partners will also provide interview preparation to ensure you are ready to present and discuss your business plan and investment.
- Step 7Once your visa is approved, you will receive your Start-Up Visa and can make arrangements to travel to Canada. Savory & Partners will assist with any final preparations needed for your relocation.
- Step 8Upon arrival in Canada, establish and operate your business according to your endorsed business plan. Savory & Partners will continue to provide support and advice to ensure your business complies with Canadian regulations.
- Step 9Maintain compliance with the Start-Up Visa requirements. After 3 years of residency, you may apply for Canadian citizenship if you meet the eligibility criteria.
PORTUGAL | RESIDENCY BY INVESTMENT
READY TO APPLY?
Visa-free Countries for Canada Start-Up Visa
Visa-free and visa-on-arrival countries
1 Country & Territory
Visa-free access
- Canada
Client Success Stories
Success Stories - A safe and bright future
The problem
Our Indian client, a business owner and single parent was looking for long-term residency in a country that would ensure quality education and safety for his daughter. With a successful business set-up in his home country, he could not consider relocating as it would limit his growth opportunities. At the same time, he wanted to secure a bright future for his daughter ensuring world-class education but was also wary about her well-being and safety. Above all, recently divorced, it was challenging for the client to procure documents for his daughter.
The solution
When the client approached Savory & Partners, we considered the many sentiments involved including that of a father, a dedicated businessman and a single parent. We understood his requirement and prepared a strategy that would not only serve his personal life positively but would see his business grow by leaps.
We recommended Portugal, not just for the simplicity of obtaining a residence permit but its exceptional education system and healthcare. Portugal is known for its outstanding higher education institutions.
Portugal has a lot of different immigration options available. The passive income - the D7 visa, the newly christened Digital Nomad Visa and the option that is tailor-made for businessowners - the Portuguese D2 visa.
Our client could fulfill his residency requirements while also maintaining an active management role in his company without worrying about spending too much time outside of Portugal.
With residential flexibility of the Golden Visa, his daughter could relocate to Portugal immediately and he could fulfil his residency requirements while also maintaining an active management role in his company back home without worrying about spending too much time outside of Portugal. As of 2021, Portugal is globally ranked in the top ten in terms of ease of registering a company. Meaning our client would not only go ahead and bring his existing business to Portugal but could venture into new business opportunities across Europe.
Approaching Savory & Partners to undertake his residency application ensured that the client would have all the necessary documents for himself and his daughter ready on time. Our agents oversaw that all requirements for a successful due diligence were also fulfilled.
Download brochure
Content
- Canada Country profile
- Benefits of the program
- Investment requirements
- Investment process
Length
4 pages
Language
English & Arabic
size
1 mb
ABOUT CANADA
CAPITAL
Ottawa
TOTAL AREA
9,984,670 km²
POPULATION
39,787,486 million
LANGUAGE(S)
English & French
CURRENCY
Canadian Dollars (CAD)
EXCHANGE RATE
CAD 1 = USD 0.73
GDP – PER CAPITA (2022)
USD 54,917.66
GDP – TOTAL (2022)
USD 2.138 trillion
About Canada
Canada is known for its stunning natural landscapes, multicultural cities, and high quality of life. It has a stable political environment, a strong economy, and a robust legal framework for business and investment. Canada offers a welcoming environment for immigrants and is renowned for its diversity and inclusive society. The country has a temperate climate with four distinct seasons, providing a variety of outdoor recreational opportunities year-round.
Canada experiences four distinct seasons, providing a wide range of recreational activities year-round. From skiing and snowboarding in the winter to hiking, fishing, and camping in the summer, Canada offers a plethora of outdoor activities.
Canada has strong global ties and is a member of several international organisations, including the United Nations, NATO, G7, G20, and the Commonwealth of Nations. Its strategic location and well-developed transportation infrastructure make it a hub for international trade and travel.
Canada's friendly immigration policies, high quality of life, and economic opportunities make it an attractive destination for individuals and families looking to relocate and build a prosperous future.
Where is Canada?
Canada has a vast geography that occupies much of the continent of North America, sharing a land border with the contiguous United States to the south and the U.S. state of Alaska to the northwest. Canada stretches from the Atlantic Ocean in the east to the Pacific Ocean in the west; to the north lies the Arctic Ocean.
CANADA - START-UP VISA | Business Migration
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