CANADA - GLOBAL CITIZEN SOLUTION
Your path to residency in Canada begins here
Why Canada?
Benefits of the Start-Up Visa
- Permanent residency for you and your family with access to healthcare and social benefits.
- Not linked to business performance, allowing freedom to explore other opportunities.
- Eligibility for citizenship after three years, including visa-free travel to 187 countries.
- Allows team applications for up to 5 entrepreneurs.
Eligibility Requirements
1. Qualifying Business: Must be innovative, scalable, and beneficial to Canada’s economy.
2. Letter of Support from:
○ Venture Capital Fund: CAD $200,000 minimum.
○ Angel Investor Group: CAD $75,000 minimum.
○ Business Incubator: Endorsement only (no funding required).
3. Language Proficiency: Minimum CLB Level 5 in English or French.
4 . Settlement Funds: Minimum CAD $13,757 for an individual, increasing with dependents.
Application Process
1. Develop your business plan.
2. Secure a Letter of Support from a designated organization.
3. Submit your Permanent Residence application.
4. Complete medical, security, and biometrics checks.
5. Receive Permanent Residency (PR).
Costs and Processing Time
- Application Fees:
CAD $2,140 for the main applicant, CAD $1,365 for spouse, CAD $230 per child. - Processing Time:
12-16 months for PR; Work Permit: 3-6 months.
Updates (2024-2025)
● Annual Slots Reduced:
From 5,000 to 1,000-2,000.
● New 3-Year Open Work Permit:
Starting October 2024 for applicants and dependents.
Frequently Asked Questions
- Can I apply while on another visa in Canada?
Yes, you must have valid status as a visitor, worker, or student. - What happens if my business fails?
Permanent residency is not tied to your business performance. - How long does the process take?
PR takes 12-16 months, but you can relocate earlier with a work permit in 3-6 months. - Can my family join me?
Yes, your spouse and dependent children will also receive PR status. - What are the settlement fund requirements?
You must show CAD $13,757 for one person, with additional amounts for dependents. - Is there a language test?
Yes, you must achieve CLB Level 5 in English or French. - Can I travel in and out of Canada on this visa?
Yes, the visa allows multiple entries.
