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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

185+ Countries & Territories (With Canadian passport)

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 organization, applicants must have a viable, scalable, and innovative business idea. This visa requires securing a commitment from a designated organization 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

Freedom of movement

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.

Dual residency

Health & Education

Access to world-class health services and high standard education opportunities for you and your family.

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Straightforward Process

Designed to be a smooth and straightforward process with a timeframe that varies depending on processing times.

Health & Education

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.

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Tax Relief

Canada offers a favourable tax regime for businesses and individuals.

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Dual Citizenship permitted

There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.

Legal Basis

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

Associated Costs
Processing Fees & RPRF (Right to Permanent Residency Fees) as follows:

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

The expected timeframe for the application process is 14-18 months. The initial stage of document collection can vary depending on the applicant’s ability to gather the necessary documents. Our team guides this process with samples and best practice advice. The review stage is subject to the respective government schedule and can be impacted by factors which we, as authorised agents, have no control over. Savory & Partners collaborates with the government throughout the entire process, aiming to provide the quickest and smoothest experience for the applicant.

Application Process

14-18 Months

*Sample of Residence Visa document
portugal-residency card sample.jpg
  • Step 1
    Savory & 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 2
    During 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 3
    Savory & 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 4
    Submit 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 5
    After 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 6
    Attend 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 7
    Once 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 8
    Upon 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 9
    Maintain compliance with the Start-Up Visa requirements. After 3 years of residency, you may apply for Canadian citizenship if you meet the eligibility criteria.
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PORTUGAL | RESIDENCY BY INVESTMENT

READY TO APPLY?

Visa-free Countries for Canada Start-Up Visa

Canadian Start-Up Visa primarily grants you the right to live and work in Canada.

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

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CAPITAL

Ottawa

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TOTAL AREA

9,984,670 km²

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POPULATION

39,787,486 million

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LANGUAGE(S)

English & French

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CURRENCY

Canadian Dollars (CAD)

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EXCHANGE RATE

CAD 1 = USD 0.73

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GDP – PER CAPITA (2022)

USD 54,917.66

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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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