Canada is fast becoming the top choice for immigration. The country offers several programs for aspiring applicants to obtain permanent residency. One such program is The Start-Up Visa Program. The program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada. The applicant is allowed to establish a business in Canada that would have the potential to compete globally, is innovative, and creates employment. The Canadian Government selects business class immigrants based on their ability and become economically established and support the development of the Canadian economy.
A Platform for Growth and Investments
The Business Immigration Program is an excellent opportunity for business owners and senior managers looking to expand their business while fulfilling their dream of immigrating to Canada. Canada aims to welcome people who are seeking new opportunities and challenges. The Start-Up Visa program is designed to encourage and facilitate the admission of these individuals. Both the federal and provincial governments provide business immigrants the platform and offer services to help immigrants start a business and settle in Canada.
Eligibility and Applying for PR
Canada has an eligibility criterion for each immigration program, and the Start-Up Visa Program is no different. Therefore, if you have an innovative business idea, it could lead to obtaining support for your view from one of the designated organizations; this, in turn, leads to permanent residence in Canada.
– Each applicant needs to have a “qualifying business” to immigrate. To get a commitment from a designated organization, each applicant holds at least 10% voting rights attached to all corporation shares. Thus, the applicant/s and the selected organization jointly have more than 50 percent of the total voting rights attached to all the corporation’s claims outstanding at that time.
– You receive permanent residence based on this program. Under receiving this status, you must provide active and ongoing management support to the business from within Canada and remain an essential part of Canada’s operations.
- The designated organization will issue a Letter of Support for the processing of your Canadian Start-Up application.
- While the permanent residence is in process, the applicant can apply for a temporary work permit to get to Canada and start/establish the business.
Assess Your Profile and Start Your Immigration Journey
Most people often get confused between eligibility and CRS. While eligibility is the essential requirement of the program that you are applying to, total ranking scores are the points awarded to your profile. In addition, there are several rules, criteria, Provincial based programs, business requirements, and other vital factors to be kept in mind while applying to immigrate to Canada. The best way to do that is by approaching an expert who can create a profile and guide you via the best route of immigrating to Canada.
With over 27 years of experience, Mr. Anoo Lal will help you assess your profile and create a pathway to obtain permanent residency in Canada. Begin your journey by filling out the assessment form and let our team of experts provide you a seamless immigration process.