Canada Immigration for Entrepreneurs
The Canada Start-Up Visa Program gives immigrant entrepreneurs the avenue to start businesses that are innovative and invent jobs in Canada and compete globally.
Today, Immigration has become the major source for improving Canada's economy. Canada as a constant inflow of immigrants, the countries have started to look at it as one of the generators of longtime profit. Among all the whole group of immigrants, the category of the entrepreneurs is such who have the power of making an immediate constructive contribution to the nation as they arrive. Considering this fact, the countries have started broadening their measures to increase the inflow of people wanting to migrate as investors. Canada which has always been a liked destination of the immigrants has also taken steps in this direction.
Canada Entrepreneurs Start-Up Visa scheme connects immigrant entrepreneurs with private sector groups in the country that have good working experience with start-ups and can provide necessary resources.
Essential Requirements
You must possess the following before you can be eligible for a start-up visa for a business venture:
Support from recognized Canadian venture, capital funds, angel investor groups or business incubators.
Minimum Investments Required
Applicants with support from a recognized Canadian angel investor group must secure a minimum investment of $75,000.
Applicants with support from a recognized Canadian venture capital fund must secure a minimum investment of $200,000.
Applicants can request for support from below recognized Canadian business incubator programs:
Visa Fee and Processing Time
There are few things for which the immigrant needs to pay; these are a visa processing fee. Below are the mandatory fees which every immigrant must pay.
Principal applicant - $1,050
Each family member age 19 or older - $550
Each member of the family under age 19 who is married or in a common-law relationship - $550
Each member of the family under age 19 who is unmarried and not in a common-law relationship - $150
The right of Permanent Residence Fee - $490/member
Canada gives a range of business opportunities to be successful. Canada has a tremendous impressive reputation as an investment destination. There are many reasons for these. Some of them are:
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