Frequently Asked Questions
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01 What are the requirements to apply for a start-up visa?
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Have English or French language proficiency at the CLB/IELTS 5 level
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Be in good health
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Any adult age or any background
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Have no criminal record
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For-profit startup
02 What is the process for clients to prepare and submit a business proposal for approval by the designated government business organization?
Clients are required to prepare and submit a business proposal, which needs to be approved by a designated government business organization. Once approved by a business incubator, the client receives a letter of support, allowing them and their family to apply for permanent residence.
03 How can I qualify for the Start-up Visa Program?
To qualify for the Start-up Visa Program, you must meet all 4 eligibility requirements, as well as the admissibility requirements to enter Canada.
Eligibility requirements for the Start-up Visa Program
You must:
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have a qualifying business
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have a letter of support from a designated organization
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meet the language requirements, and
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have enough money to settle and live in Canada before you make money from your business
04 What is the application process for the Start-up Visa Program?
First, you must pitch your business idea to a designated organization and convince it to support your start-up company. Once a designated organization decides to support your business, it will send us a commitment certificate and give you a letter of support.
The process to pitch your idea varies for each designated organization. You must contact the designated organization to find out what you must do to seek its support. If you meet all eligibility criteria, you can submit a completed application, which must include your letter of support.
05 Do I have to invest my own money if I want to apply through the Start-up Visa Program?
No, you’re not required to invest any of your own money. The minimum investment required is an investment that comes from a designated Canadian venture capital fund or angel investor group.
Visit Goverment of Canada website for more information https://www.cic.gc.ca/english/helpcentre/answer.asp?qnum=645&top=6