How to Get a Start Up Visa Canada

Canada is one of the world's best countries to open a business, according to recent data, and the Start Up Visa Canada is one of the easiest ways to do it.

The Start Up Visa Canada is a Federally run program that aims to encourage qualifying business immigration to Canada by offering Canada PR to those who move to and invest in Canada. To qualify for the program, sucessful applicants must develop an innovative business idea that will create Canadian jobs and be able to compete on a global scale – and then convince a designated entity to support that business plan financially.

There are three possible investor options for businesses looking to obtain a Start Up Visa Canada: Venture Capital Funds, Angel Investors, and Business Incubators, and applicants are responsible for ensuring that they receive the required minimum investment amounts - $200,000 from a Venture Capital Fund, $75,000 from an Angle Investor(s), or acceptance into a Business Incubator Program, no minimum investment required but is very competitive.

In addition to approval of a business plan and financing, applicants must demonstrate that they have sufficient unencumbered funds to settle in Canada (although a personal investment in the proposed business is not required). They must also meet minimum language proficiency, currently CLB 5 in English or French for all four abilities (reading, writing, speaking and listening).

Once you have verified that you satisfy the minimum conditions and receive all required approvals, you can apply for a Canada Start Up Visa. And while approval for a Start Up Canada Visa may take up to 18 months, qualifying candidates may be entitled to enter Canada and begin establishing their business with a short-term work permit.

For more information visit : https://www.elaarimmigration.com/