Canadian Start-Up Visa Program

The Canadian Start-Up Visa program is designed for innovative immigrant entrepreneurs from around the world who are ready to build a business that is globally competitive and capable of creating jobs for Canadians. This unique immigration pathway not only awards Permanent Residency once all program requirements are met but also offers a temporary work permit so you can start developing your venture in Canada right away.

Advantages of the Start-Up Visa Program

Robust Startup Ecosystem: Benefit from Canada’s dynamic entrepreneurial environment.
Fast-Track Permanent Residency: Enjoy a streamlined process to obtain Canadian PR.
Diverse and Inclusive Culture: Thrive in a multicultural society that values innovation.
Global Market Access: Gain entry to expansive domestic and international markets.
Flexible Requirements: No strict age or advanced educational prerequisites.
Networking and Funding: Access direct paths to investors, mentors, and business incubators.
Strategic Location: Leverage Canada’s robust trade relationships and strategic positioning.

Eligibility Criteria

To be eligible for the Start-Up Visa Program, you must meet the following core requirements:

1. Meeting the Language Proficiency Requirements

You must take one of the approved language tests (IELTS, CELPIP-G, TEF Canada, or TCF Canada) and achieve a minimum score of CLB 5 in speaking, reading, listening, and writing. Failing to meet this requirement will result in the refusal of your application.

2. Bringing in Enough Settlement Funds

You must demonstrate that you have sufficient funds to settle in Canada for yourself and your dependents. The required amount depends on your family size—from approximately CAD $12,960 for a single applicant up to around CAD $34,299 for a family of seven.

3. Obtaining a Letter of Support from a Designated Organization

A Designated Organization is an approved investor group that supports start-up ventures. To qualify:

Venture Capital Funds: Must invest a minimum of CAD $200,000.
Angel Investor Groups: Require an investment of at least CAD $75,000.
Business Incubators: No minimum investment is required.

Once you secure support, you must obtain a “Letter of Support” along with a commitment certificate from the organization, and include these in your application.

4. Building a Qualifying Business

The business you create must meet the “Qualifying Business” criteria:

You must hold at least 10% of the corporation’s voting rights at the time of the commitment, and together with the designated organization, control more than 50% of the voting rights.
You are expected to actively manage the business in Canada once you obtain Permanent Residency.
The business must be incorporated in Canada and play an essential role in its operations.

Application Fee

The current fee for the Start-Up Visa Program is CAD $2,075 (subject to change). This fee covers the processing costs for your application.