The Canada Startup Visa program is designed for innovative entrepreneurs who want to start a business in Canada. Here are the general steps involved in the process:
Eligibility Check: Ensure you meet the eligibility criteria, which includes having a qualifying business, sufficient funds, and language proficiency.
Letter of Support: Secure a letter of support from a designated organization in Canada. These organizations include venture capital funds, angel investor groups, and business incubators.
Application Submission: Submit your application for the Startup Visa program along with all required documents, including the letter of support, business plan, proof of funds, and other supporting documents.
Wait for Processing
Medical and Security Checks: Once your application is reviewed, you may be required to undergo medical examinations and security checks.
Permanent Residency: Once your application is approved, you and your family members will receive permanent resident status in Canada.
Business Establishment: Upon arrival in Canada, you are expected to actively manage and operate your business as per the terms outlined in your application.