Start-up Visas

Brief Overview

The Startup Visa program in Canada (SUV) is a dynamic and innovative initiative designed to attract entrepreneurial talent from around the world. It offers a pathway for foreign entrepreneurs with innovative business ideas to establish and grow their startups in Canada. This program is part of Canada's commitment to fostering economic growth, innovation, and job creation by welcoming creative and ambitious individuals who can contribute to the country's thriving startup ecosystem. It provides a supportive environment for startups and helps them thrive in a diverse and vibrant entrepreneurial community.

You can create the start-up with your own idea or join and support a start-up.

Eligibility

Eligibility for the Canadian Startup Visa program typically includes several key criteria:

1. Qualifying Business: To be eligible, you must have a business that is innovative, scalable and has the potential to create jobs in Canada. Your business idea should be unique and have the potential to make a significant impact in its industry.

2. Support from a Designated Organization: You need to secure a commitment and a letter of support from a designated organization in Canada. These organizations include venture capital firms, angel investor groups, or business incubators. The commitment from one of these organizations is a critical component of your application.

3. Language Proficiency: You may need to prove your language proficiency in English or French through standardized tests like IELTS or TEF, depending on the requirements of the designated organization. You must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in all of these four areas: Speaking, Reading, Listening, Writing

4. Settlement Funds: You must demonstrate that you have enough money to support yourself and your family members while settling in Canada. The required amount depends on your family size and is updated regularly.

5. Intent to Settle in Canada: You must show that you intend to settle in Canada and actively operate your start-up. This includes a commitment to managing and developing your business in the country.

6. Education and Experience: While not always a strict requirement, your education and relevant business experience can strengthen your application. Having a background that demonstrates your ability to lead and succeed in your start-up venture is advantageous.

7. No Inadmissibility: You must not be inadmissible to Canada on criminal or security grounds, and you should not pose a health risk to Canadians.

It's crucial to note that eligibility criteria may change over time, and requirements can differ based on the designated organizations participating in the program. For the most up-to-date and specific eligibility details, it's recommended to consult the official website of the Canadian government or seek guidance from an immigration professional.