Canada

Residence program

Overview

Launched in 2013, the Canadian Start-up Visa (SUV) Program is designed for entrepreneurs with innovative ideas who will stimulate the economic growth and requires consequent commitment from a designated organization. This program grants Permanent Residence (PR) from day one. PR is not tied to the success of the business.

 

  World-class healthcare and education.
   Highly developed and attractive business environment.
  Entire family

Who’s eligible ?

– Over 18 years old
– Gain security clearance
– Pass the medical examination

Investment options

PROGRAM
REQUIREMENTS

To qualify for the Canada Start-Up Visa (SUV) Program, you must fulfil ONE of the following investment options.

  1. Business incubation: No minimum investment required
  2. Angel investment: Raise CAN$75,000 from an angel investment group, depending on a certain stage of the business
  3. Venture capital fund: Raise CAN$200,000 from a venture capital fund, depending on a certain stage of the business

To be eligible for the Startup Visa Canada Program, one must meet the following minimum requirements :

  • Provide a letter confirming that your business has backing from a Canadian Investor/ designated organization
  • Achieve fluency in English or French to Canadian Language Benchmark (CLB) 5.
  • Prove that you are capable of financially supporting yourself and your dependants once you’re in Canada. If you’re moving to Canada alone, you must have disposable funds of CAN$13,310. This increases to CAN$24,733 for a family of four.

Benefits

  • Permanent residence for successful applicants

  • Dual citizenship is permitted

  • Dependents include :

    • Spouse or common law partner
    • Children under 22 who do not have a spouse or a common-law partner

  • Minimal application requirements, with no age restriction, no net worth, and no higher education needed

  • Ability to live, work and study upon approval

  • Access to high-quality subsidized education upon approval

  • Access to advanced health and welfare systems upon approval

  • Opportunity to sponsor your relatives

  • Possibility to apply for Canadian citizenship after 3 years of permanent residence

Process

Appointment of an authorized representative to submit the application.

Provide proof of language proficiency and other personal documentation.

Obtain a commitment certificate from a designated organization

Submission of the application form, supporting documents and fees.

Typical processing time is within 12 to 30 months

Successful applicants will immediately receive permanent residence status in Canada.