CANADA’S START-UP VISA
Canada’s Start-Up Visa Program is the first of its kind in the world. With the Start-Up Visa, Canada is targeting a new type of immigrant entrepreneur who has the potential to build innovative companies that can compete on a global scale and create jobs. Do you have a great business idea? If you can get support for your start-up from a designated Canadian organization, you can apply to immigrate to Canada.There are many reasons why Canada is the best place to build your business. Canada’s advantages include:
- a strong economy
- low taxes and low business costs
- excellence in research and innovation
- top quality of life
- access to North American Market
- highly educated and bilingual staff
To be eligible to receive a start-up visa, you must:
- prove your business venture or idea is supported by a designated organization
- meet the language requirements
- have sufficient settlement funds
Out team members are very skilled entrepreneurs and can definitely help you achieve your business goals. Whether it’s a market study, project feasibility, business plan or financing we will assist in every step of the way.
IMMIGRANT INVESTOR VENTURE CAPITAL (IIVC)
If you are an international investor with the skills and abilities needed to integrate into Canadian society and contribute to our economy, you may be eligible to apply for permanent residence under the Immigrant Investor Venture Capital (IIVC) Pilot Program. You must meet all of the requirements listed below to be eligible to apply under the Immigrant Investor Venture Capital Pilot Program. You must also plan to live outside the province of Quebec.
Personal net worth
You must have a personal net worth of CDN $10 million or more. Your net worth must have been acquired through lawful, private sector business or investment activities. Personal net worth acquired by inheritance or in the value of your primary residence will not count towards the personal net worth requirement.
Proof of personal net worth
Once CIC has deemed the applications complete, CIC will require selected applicants to obtain a due diligence report at their expense from one of the following designated service providers.
The due diligence report is an independent examination and validation of your past business or investment experience, source of funds and personal net worth.
The report will include the service provider’s opinion as to whether your wealth was acquired through lawful, private sector business or investment activities. Their report would also flag any potentially negative information for a CIC officer to consider. Only selected applicants will need to obtain a due diligence report, at the request of CIC.
You must be willing and able to make an at-risk investment of CDN $2 million in the Immigrant Investor Venture Capital (IIVC) Fund
If you are one of the immigrant investors selected under this program, you will be required to enter into an agreement with CIC committing a sum of CDN $2 million to the IIVC Fund for approximately 15 years. The investment would be at-risk, meaning there would be no guarantee of a return and the possibility that you could lose some or all of your investment. You could also receive proceeds from the IIVC Fund, based on the performance of the investments of the fund.
We must advise you that this program is still in its debut and so far the outcomes are still unknown to us at this stage. If you are interested in immigration by investment we will be very happy to walk you through our various worldwide programs including Quebec program.
The definition of a Self-employed person is a foreign national who:
- can contribute to Canada’s economy in one of the required areas
- intends and is able to be self-employed in Canada, and
- has relevant experience
Relevant experience for a self-employed person means at least two years of experience. It must have been obtained during the period starting five years before the day you apply and ending on the day a decision is made on your application. The experience must be:
For cultural activities:
- two one-year periods of experience in self-employment in cultural activities, or
- two one-year periods of experience in participation at a world class level in cultural activities, or
- a combination of a one-year period of experience described in A above, and a one-year period of experience described in B above.
- two one-year periods of experience in self-employment in athletics, or
- two one-year periods of experience in participation at a world class level in athletics, or
- a combination of a one-year period of experience described in 1 above, and a one-year period of experience described in 2 above, and
For buying and managing a farm, two one-year periods of experience managing a farm.
Activities for a self-employed person selected by a province are decided by the laws of the province.
The province of Quebec offers forth a provincially directed business immigration program. If Quebec is your destination of choice, do consult our Quebec immigration section.
Regardless of which business program suits your profile best, we are confident in our ability to assist you and best guide you through every step of your immigration application. Take advantage of our skills today and let us be your representatives. We will be happy to serve you.