Canada

Canada is a diverse, progressive, peaceful and welcoming nation known for its pristine wilderness and stunning natural beauty. It’s vast and varied, making it a place for both bucket list adventures and sophisticated culture. Evidently, Canada’s lively, multicultural cities contrast with the untouched wilderness at the edge of its urban centres.

Canada is well known for its high standard of living, clean environment, low crime rate, and outstanding infrastructure.

A high per-capita income and a leading trade market put Canada among the world’s wealthiest countries.  

The Canada Start-Up Investor Visa Program is aimed at providing permanent residence to entrepreneurs and active investors in companies and expanding businesses that seek to establish a presence in the country.

Canada is a country situated at the top of North America above the United States. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world’s second-largest country by total area, with the world’s longest coastline.

Canada’s Start-up Investor Visa (SUV)

The Canada Start Up Visa Program is a government approved Permanent Resident Program administered by the Federal government, offering a pathway to contribute to Canada’s entrepreneurial ecosystem while enjoying the privileges and rights of permanent residency.

Approved investors can obtain a permanent status in Canada for themselves and their families while building certain businesses in Canada and creating jobs for Canadians.

The Canada SUV Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:

General Requirements:

Each applicant must:

Benefits:

The following family members may accompany the main applicant and can each receive individual residence permits, subject to the validity of the main applicant’s permit:

To obtain permanent residence in Canada, foreign entrepreneurs must propose an innovative, scaling start-up business, approved by a designated organisation.

1. Business incubation: no minimum investment is required, but confirmation that the start-up is part of a designated Canadian business incubator program.
2. Angel investment: raise CA$75,000 from an angel investment group, depending on a certain stage of the business…

1. 1. Investors will incorporate a start-up business with a Canadian government approved angel investor. Applicants must pass an interview with the angel investor in order to obtain the letter of support.

3. Venture capital fund: raise CA$200,000 from a venture capital fund, depending on a certain stage of the business.

Qualifying businesses:

A qualifying business means you created a business that meets the following conditions:

1. At the time you get a commitment from a designated organisation:

2. each applicant holds 10 per cent or more of the voting rights attached to all shares of the corporation outstanding at that time (up to five people can apply as owners).

AND

1. applicants and the designated organisation jointly hold more than 50 per cent of the total voting rights attached to all shares of the corporation outstanding at that time.

2. At the time you receive your permanent residence:

3. you provide active and ongoing management of the business from within Canada.
4. an essential part of the operations of the business happens in Canada.
5. The business is incorporated in Canada.
6. Investor needs to have a minimum of 10 per cent shares in a federally approved company in a specific industry as identified by the government.
7. A total of five investors can apply as owners of one company — with one investor chosen as the head of the company (best-suited for the position as per investor’s qualifications).

Furthermore, clients are required to prepare and submit a business proposal, which needs to be approved by a designated government business organisation. Once approved by a business incubator, an angel investment group, or a venture capital fund (depending on the investment option chosen), the client receives a letter of support. This allows them along with their family, to apply for permanent residence. In order to maintain permanent resident status, physical presence for two out of five years (or 730 days) in Canada is required.

The process can take up to 37 months.