Startup Visa

Perhaps the most important step is having an idea, not just any idea. According to the criteria of Immigration, Refugees and Citizenship Canada (IRCC), the necessary features for these start-up businesses are as follows:
1) Being innovative;
2) The possibility of job creation for Canadians;
3) The possibility of competition on a global scale; and
4) To play a role in improving the Canadian economy.

This work permit is only for the start-up visa program. It is valid for one year and is useful if you plan to live in a province other than Quebec. It only allows you to do what is necessary to develop your business as an entrepreneur, and allows you to enter Canada while the IRCC is reviewing your start-up visa application, while you prepare to start your business, and when beginning it.

After getting a letter of support from the designated organizations, you should start your business in Canada. Note: although you must register your business as a company, its success is not a condition. The IRCC does not expect all businesses to succeed, and this program is designed to share risk between the public and private sectors. Bankruptcy or failure of your business does not affect your permanent residence status.

Remember that the Canadian government does not provide financial support to those who immigrate with a start-up visa. When applying, we must prove that you have the ability to financially support yourself and your family members (spouse or common-law partner and children under the age of 22) after entering the country. The amount you need is updated every year and depends on the number of family members. Your spouse, common-law partner, and children must also meet the requirements of temporary residence.

You will also need a language score. Register for one of the tests identified in the Canadian Language Benchmarks (CLB), for example the English International English Language Testing System (IELTS) test which must be general (not academic).

Any valid test score you have taken, whether in English or French, should not be lower than the standard 5 in all skills, i.e., listening, reading, writing, and speaking. However, a score of 4 is sufficient for reading skills.

Now, let's assume that you have a good idea to start a business. We then need to see if your business is eligible. Are you applying alone? If you are making a group request, does each of the members have 10% or more of the voting rights? If this percentage is less, it must be increased to 10% or more. Another important point is that the applicants and the organizations specified to the Immigration Department together must have more than 50% of your company’s voting rights.

Suppose you have a good and innovative idea in your pocket. The next step is to obtain a letter of support. What you need to do is introduce your start-up business to one of the organizations listed on the IRCC website and get a letter of support from them. Your business should be in the area of interest of that investment organization.

Perhaps the most important step is having an idea, not just any idea. According to the criteria of Immigration, Refugees and Citizenship Canada (IRCC), the necessary features for these start-up businesses are as follows:
1) Being innovative;
2) The possibility of job creation for Canadians;
3) The possibility of competition on a global scale; and
4) To play a role in improving the Canadian economy.