How do you know if you’re eligible for Canada’s Start-Up Visa program?
Understand the eligibility criteria for Canada's Start-Up Visa and assess if you meet the requirements as an aspiring entrepreneur.
In our last article, we have already introduced the Start-Up Visa immigration program and the benefits of the program. In this article, we’ll be exploring the target group of Start-Up Visa and the program eligibility.
Who is the Start-up Visa (SUV) for?
Entrepreneurs who want to immigrate to Canada, and are planning to establish a start-up business with innovative ideas.
Program Eligibility for Work Permit
Will live in a province or territory other than Quebec
Have incorporated your Canadian company
Have sufficient funds to meet the low income cut off for your family
Have work/education qualifications that suit your position
Lastly, have a Letter of Support from a designated organization
Visa Options for Families:
Spouse: Visitor visa, study permit, work permit
Children: Visitor visa, study permit
Program Eligibility for PR
Will live in a province or territory other than Quebec
Each SUV applicant holds at least 10% voting rights
All SUV applicants hold at least 50% voting rights
Meet the language requirements (CLB 5)
Bring enough money to settle
Lastly, have a Letter of Support from your designated organization
Applicants need to prove that they have the money to support themselves and their dependents after arriving in Canada. Here is the table of how much money they need to settle:
Language test CLB 5:
Article Series
If you are interested in Canada’s Start-Up Visa Program, feel free to contact joe@supervisas.com to learn more!
