I Want to Start a New Business in Canada, Can I Apply for Immigration?

Disclaimer: This article is only intended for educational purposes and shouldn't be used as a substitute for legal advice.

Starting a new business is exciting, which is why many people choose to be entrepreneurs instead of going down the traditional 9-5 job path! However, choosing the right location for a new business can be confusing as most economies took a massive hit due to the COVID-19 pandemic.

Get a Canadian start-up visa to turn ideas into reality


 

In such conditions, many people are considering Canada due to its stable economy and government, low taxes, access to the latest technologies, and more. However, to start a business in Canada, you don’t need a normal work or business visa; you need a Canadian start-up visa.

 

Scroll down to read how you can apply for it!

 

What is the Canadian Start-up Visa?

If you consider yourself an entrepreneur with an innovative idea, you can get Canadian immigration. The Canadian ministries and finance departments are always looking for talented people. These people can boost the Canadian economy while creating new employment opportunities for Canadian residents, hence the start-up visa program. As the name suggests, a start-up visa allows entrepreneurs to get Canadian immigration and start a new business in Canada.

Eligibility Requirements for a Start-up Visa

Here are the requirements you must fulfil to be eligible for the Canadian start-up program.

 

● You must have a compelling business where you hold at least 10% of the shares or voting rights in the company.

● You need to have a designated organization by your side, and you should have 50% of the voting rights in that designated organization.

● You need to show the letter of support from a designated organization. You can get a letter of support by pitching your idea to organizations.

● You should take a language test to fulfil the English or French reading, writing, and listening requirements.

● You must prove that you’ve got enough capital to support yourself and your dependents after getting the Canadian start-up visa.

How to Apply

If you fulfil the eligibility requirements, the next step is applying for a Canadian start-up visa. Here are the steps.

Start-up visa holders discussing ideas happily


 

● Fill out the application form available on the official website and print it.

● Check the documents required and put all these documents in a sealed envelope.

● Pay the application fees according to the requirements.

● Sign all the documents and forms before mailing them to the Canadian immigration office.

 

 

With a Canadian start-up visa, you can channel your innovative inner entrepreneur and start a new business on Canadian land. Nanda and Associate’s Lawyers will assist you in fulfilling the requirements and applying for a Canadian start-up visa immediately.

 

Visit their website for more information or book a consultation with their consultants for Canada PR.

 

 

 

 

 

 

 

 

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