Want to understand how your team can relocate through the Canadian Business Immigration Start Up Visa? Check out this article....
Key Requirements
- Start an innovative Canadian Start up
- Obtain a Letter of Support from Government Designated body - Angel Investor Group/Venture Capital Fund/Incubator
- IELTS score of 5 in each category
- Have sufficient funds to sustain in Canada
Family coverage
Spouse and children up to 22 years of age.
Average Processing time
12-18 months
Benefits
- Shortest route to Canadian Permanent Residency: Start up Visa is the only option to secure the Canadian Permanent Residency directly
- Easy access to North American Market: The Canadian PR holders have an easy access to the large north American market
- Federal Program: Unlike other programs which require the applicant to stay in the province for two years, with Canadian Start up Visa you canstay anywhere in Canada
- Predictable- Not conditional on business contingencies: The program is not conditional on the success or failure of business. Hence, it is more predictable than any provincial programs
- Strong Passport: Canadian Passport is ranked 6th in the world with visa free/visa on arrival to more than 183 countries
- High standard of education: Canada is ranked very high in the terms of standard of education
- Substantial savings on University, tuition fees: University/college tuition fees are substantially reduced for students who are permanent residents as compared to international students
- Access to capital at lesser cost: The rate of interest in Canada is far less than what Indian Banks charge for Business Loans. Thereby, letting the founder to fund his/her global operations at lesser cost.
- Better brand value and global acceptability: North American companies have much better acceptability and a premium brand value at the global level
- R&D tax credits: The Canadian government promotes innovation by providing R&D tax credits to eligible activities, both at the federal and provincial levels4.
- Strong Economy: Canadian economy is ranked in the top 10 economies of the world with high level of GDP
- Happiness Index: Canada is ranked on 9th position globally on the Happiness index
- Business Opportunities: With high average income, and larger business prospects, Canada provide numerous business option to Start ups.
- Visa Free access to US- Canadian Passport holders enjoy visa free telligtravel access to USA and also easy work permit benefits.
Stage 1 Set Up Successful Startup/Business in Canada
- Determine Eligibility
- Business Viability Study
- Go to Market Strategy
Stage 2 Concept Validation - Prepare to Successfully Navigate Designated Entity’s Screening Process
- Pitch Deck Creation
- Business Plan Develoment
- Financial Modeling
- Business Mentoring and Presentation Skill Development
- IP Solutions
- Immigration Solution
- Corporate Law Services
Stage 3 Seeking Designate Entity’s Letter of Support and Immigrating Competent Entrepreneurs
- Working with Designated Entities
- Access to Network Partners, Clients, & Vendors
- Facilitating Investment for Business
- Applying for Government Grants
Learn more about how the Start-Up Visa can work for you
Investor Quotient Canada is a premier professional services firm offering a suite of business, legal, logistical and related services to foreign innovators and entities looking to establish and/or expand their operations into Canada or invest in Canadian businesses.
Contact Upasana Sharma to schedule a consultation to learn about which program best suits your investment needs.