Canada Startup Visa
The Canada Startup Visais one of the best and most up-to-date methods of immigrating to Canada, in which the Canadian immigration department, in order to support innovative projects and the launch of businesses with new ideas in Canada for the sake of innovation, issues the Startup Visa. For complete information about the Startup Visa, stay with us below. If you want to apply through the Canada Startup Visa, stay with Iranoca Immigration Marketing Company and follow this article to the end.
Immigration rules change often. This guide is a general introduction; check the current rules with a licensed lawyer before you act.
Why the Canada Startup Visa was created
In fact, this type of visa relates to a new start-up business, usually operating in the field of technology. In recent years the Canadian immigration department introduced the Canada Startup Visa route with the aim of attracting and encouraging holders of creative and innovative ideas.
Steps for obtaining the Canada Startup Visa
- Step one: Designing a new and creative idea on a global scale
- Step two: Presenting the idea to reputable Canadian companies
- Step three: Receiving approval of the project from one of the reputable companies
- Step four: Filing an application for Canadian permanent residence
An important point is that obtaining the Canada Startup Visa involves two general stages:
- Receiving a letter from a reputable company in support of the start-up
- Applying for Canadian residence for the purpose of launching the start-up
Eligibility for the Canada Startup Visa
- Knowledge of English or French (to obtain the Canada Startup Visa you must take one of the tests of recognised institutions (CELPIP G-Test and IELTS), and for French (TEF Canada and TCF Canada.)
- Having initial capital (covering living costs for at least one year)
- Launching a business in which you own at least 10 percent of the shares.
- Proving the business and gaining the confidence of one of the organisations approved by the Canadian immigration department.
- Having a letter of invitation from a reputable company.
- No criminal record and no medical problems.
- Having at least one year of university education.
List of organisations that support start-ups
- Business incubator: With the aim of supporting all start-ups, it helps businesses become operational and grow.
- Angel investor: With the aim of small investments, it helps in the field of new start-ups.
- Venture capitalist: With the aim of large investments, it operates in the field of growing start-ups.
How much is the cost of the Canada Startup Visa?
Note that the costs are calculated on the basis of 6 months, i.e. 50% of the LICO table in 2022:
| Amount required: about 13 thousand Canadian dollars | For immigration through the Startup Visa for single |
| Amount required: about 17 thousand Canadian dollars | For immigration through the Startup programme for married people without children |
| Amount required: about 21 thousand Canadian dollars | For immigration through the Startup programme for married people with one child |
| Amount required: about 25 thousand Canadian dollars | For immigration through the Startup programme for married people with two children |
A final word: if you too intend to immigrate to Canada, have a new and creative approach to technology, and even need a safe environment to launch your new business (innovation), you can get help from the capable consultants of Iranoca Immigration Marketing Company. If you would like consultation, you can meet our consultants in person or online and learn about the process of obtaining your Canada Startup Visa. You can also, right now, through our free assessment form, which is managed by expert consultants, review your eligibility for this type of visa.
Steps for obtaining the Canada Startup Visa
Dear applicant, if you wish to obtain the Canada Startup Visa, please follow the steps below
Assessment form and consultationFirst, by completing the free assessment form, you can send your initial circumstances and details for review by the lawyers. If your general circumstances are suitable, a call time will be scheduled for your consultation. It should be noted that this entire process is free of charge and is reviewed and assessed by specialists
Receiving the confirmation letterAfter the consultation and completion of the immigration file process, a letter of approval or non-approval will be sent to you by the licensed lawyers. This letter specifies whether or not you are eligible to immigrate, the type of immigration visa, and the route and conditions through which you can immigrate.
Registration in Obtaining the visa Frequently asked questions some users have had about the Canada Startup VisaFrequently asked questions
Is residence under the Canada Startup Visa permanent or temporary?
After six months you can obtain a work visa, and after a second six months you are able to obtain permanent residence for yourself and your family.
Which are the reputable companies for presenting new ideas?
- Venture capital funds
- Angel investors
- Start-up business incubators
Can the applicant's family accompany them during the Canada Startup Visa?
Yes, for all members of the applicant's family, which includes the spouse and children under 22. In addition, these people can accompany them during this period by applying for work and study visas.
If the start-up idea fails, do you have to leave Canada?
No, your residence is not cancelled and you can continue your activity in another field.
Does the start-up idea have to be related to your field of study?
No, it is not required.