Canada Start-up Visa
With over 13 years of experience in all areas of international immigration, we at Migratesmart work with the most trustworthy & experienced Registered Canadian Immigration (RCIC) agents and even endorsing bodies, and can offer effective solutions to achieve your personal & business immigration goals.
Our exceptional track record and LRS & FEMA advisory for foreign outward remittances, to ensure compliance with all government rules & regulations, ensures that you get a ‘single point of contact‘ for all related services. We stay with each investor from application to Citizenship.
Business Incubator Stream
The Canada Startup Visa program is a direct to PR program for entrepreneurs looking to immigrate to Canada to launch an innovative business. The program is intended for active and genuine international entrepreneurs who will incorporate & launch their innovative venture in Canada.
In this stream, a Canadian government authorized “Business Incubator” selects and approves applicants to develop a business concept or proposal.
We are directly tied with a Canadian government authorized “Designated Organization”, which is mandated to offer startup business incubation services to international investors who have an innovative idea and want to develop the same into a business in Canada. The business incubator, through its incubation training program, provides the entire gamut of support services to ensure that you are successful in developing your innovative idea into a successful business in Canada. The training program normally lasts for 2 years.
The Designated Organization currently offers a special Startup visa offer at a more accessible cost for Indian nationals. The offer currently remains in place till 31st August, 2021.
Angel Investor Stream
The Canada Startup Visa program is a direct to PR program for entrepreneurs looking to immigrate to Canada to launch an innovative business. The program is intended for active and genuine international entrepreneurs who will incorporate & launch their innovative venture in Canada.
Key Features :
- Has many benefits such as faster/easier processing, fewer virtual interviews, and more flexibility in investor group composition
- We organize the client investor groups (in groups of 3 investors) and develop a business concept
- You will be a minimum 10% – 20% shareholder in the company
- We can share innovative business ideas with you. The concepts are designed on an individual basis so that they fit with a clients education, experience and interests
- We draw up business plans that satisfy all Canadian immigration law requirements
- We sell the business concept to an angel investor
- We convince an angel investor to invest CAD 75,000 in the start-up business (as required under law)
- We get the “Letter of Support” and “Commitment Certificate” from the angel investor
- We prepare and train the applicant for interview with the angel investor
- We prepare and submit your PR application to IRCC
- We follow up with the Department of progress in processing
- We undertake any legal challenge to ensure success for all clients
- 100% success rate with IRCC
Venture Capital Stream
The Canada Startup Visa program is a direct to PR program for entrepreneurs looking to immigrate to Canada to launch an innovative business. The program is intended for active and genuine international entrepreneurs who will incorporate & launch their venture in Canada.
Key Features :
- Fast, simple and straight-forward program
- We organize the client investor groups (in groups of 3 – 5 investors) and develop a business concept
- You will be a minimum 20% shareholder in the company
- We can share innovative business ideas with you. The concepts are designed on an individual basis so that they fit with a clients education, experience and interests
- We draw up business plans that satisfy all Canadian immigration law requirements
- We sell the business concept to an venture capital investor
- We convince a venture capital investor to invest CAD 200,000 in the start-up business (as required under law)
- We get the “Letter of Support” and “Commitment Certificate” from the venture capital investor
- We prepare and train the applicant for interview with the venture capital investor
- Unlike other streams, there is NO PEER REVIEW.
- We prepare and submit your PR application to IRCC
- We follow up with the Department of progress in processing
- We undertake any legal challenge to ensure success for all clients
- 100% success rate with IRCC
BENEFITS
- Fast, simple and straight-forward program
- Quick issuance of “Letter of Support”
- The Startup visa leads directly to Permanent Residence (PR)
- PR visa is processed within 12 – 16 months
- The PR visa is not tied to the performance of the business
- Qualifications are flexible and many applicants qualify for the Startup visa program
- Applicant and family can live anywhere in Canada
- Spouse can work anywhere in Canada
- Children can have access to domestic tuition fees
- The only program that takes applicants up to the age 70 years
REQUIREMENTS
- Be between the ages of 20 – 65, depending on the Startup visa stream
- Have a net worth of at least CAD 500,000 (main applicant + spouse)
- Business ownership or management experience is an asset, but not required
- 2+ years of post-secondary education is an asset, but not required
- Minimum IELTS of CLB 5
- Entrepreneur must be active in their venture
- Up to 5 people can apply as owners of the venture
- The venture must be Innovative. It can be related to any industry, but must be a new and innovative way of doing that business
- The innovative idea must be a viable and scalable business idea
- Get a “Letter of Support” & “Commitment Certificate” from a designated organization
- Bring enough money to settle in Canada
- Cannot be inadmissible to Canada due to medical or criminality reasons
Contact Us
To apply, simply contact us. We will answer all your questions and provide you with all guidance you need to begin your process. Click on the “Contact Us” button below and fill out the information. We will contact you immediately and assist you with all that you need to do.
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