One of the best Canadian Immigration options for individuals to get Canadian Permanent Residency
The Canada startup visa program allows founders, immigrant entrepreneurs, business owners and skilled professionals to enter the Canadian market and obtain permanent residency.
CANADA: Attractive Destination to Live, Work and do Business!
WHY TO INVEST IN CANADA?
- Canada boasts a strong and dynamic economy, always resilient to global challenges.
- Canada’s federal, provincial, and territorial corporate taxes are the lowest compared to other countries.
- Canada’s solid geographical position makes it an ideal destination to do business.
- As an entrepreneur, you will have access to a diverse workforce, paving the way for innovation and more production.
- Canada has a lower inflation rate than the US and the UK.
BENEFITS OF THE CANADA START-UP VISA PROGRAM
- No age limits
- No minimum educational qualifications
- Minimum IELTS score only CLB5
- No minimum capital investment needed
- The principal applicant and each of their team members are permitted to apply for a three-year work permit to live, work and study in Canada. They can do so after the Canada PR visa application has been filed.
CANADA START-UP VISA PROGRAM: MAJOR UPDATES
- Increased quotas: The annual quota for the program has been increased from 1,000 to 3,500.
- Extended work permit period: The initial work permit that startup participants apply for now has a validity of three years, up from one year.
- Open work permit for main applicant: The main applicant’s work permit is now open, meaning they can work for any employer in Canada. Previously, their work permit was restricted to the startup they used to qualify for the program.
- Work permit access to all team members: All team members of a qualifying startup are now eligible for work permits. Previously, only the main applicant and one other team member were eligible.
- Expedited application processing: The application processing time for the Startup Visa program has been reduced to 12-16 months.