Canada Startup Entrepreneur Visa
Start-up Visa Program
Canada's Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:
- are innovative
- can create jobs for Canadians
- can compete on a global scale
If an entrepreneur can get support for their start up idea from one of the designated organizations, they may be able to immigrate to Canada.
There are many reasons why Canada is the best place to build a business. Canada's advantages include:
- a strong economy
- low taxes
- low business costs
- excellence in research and innovation
- a high quality of life
To be eligible for the Start-up Visa Program:
Business to be supported by a designated organization
Before an entrepreneur can apply for the Start-up Visa Program, they must have the support of a designated organization. Designated organisations are business groups that have been approved by Canadian government to invest in or support possible start-ups.
If a designated organization decides to support the start-up business, it will give a Letter of Support which is essential document for Start up Visa application.
Investment Requirements
Entrepreneur must secure a minimum investment of $200,000 if the investment comes from a designated Canadian venture capital fund.
Entrepreneur must secure a minimum investment of $75,000 if the investment comes from a designated Canadian angel investor group.
Entrepreneur does not need to secure any investment from a business incubator. However, entrepreneur must be accepted into a Canadian business incubator program.
Ownership requirements
Up to five people can apply for the Start-up Visa Program as owners of a single business. However, to meet the ownership requirements:
- Each applicant must hold at least 10 percent of the voting rights in the business and
- The designated organization and the applicants must jointly hold more than 50 per cent of the voting rights in the business.
Note: Voting rights are the right of a business owner to vote within a company. The right to vote is attached to each share of a business that is outstanding at a given time.
Language requirements
The ability to communicate and work in English, French, or both will help entrepreneur business succeed in Canada.
An entrepreneur must take a language test from an approved agency and include the results with their application
An entrepreneur must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in all of these four areas:
- speaking
- reading
- listening
- writing
Fund requirements
An Entrepreneur must show that they have enough money to support themselves and their dependants after they arrive in Canada. They cannot borrow this money from another person. They will need to give proof that they have the money when they apply.
The amount an entrepreneur will need depends on the size of their family. The funds required as per the government directives are as below
Number of Family Members | Funds Required (in Canadian dollars) |
1 | $12,300 |
2 | $15,312 |
3 | $18,825 |
4 | $22,856 |
5 | $25,923 |
6 | $29,236 |
7 | $32,550 |
For each additional family member | $3,314 |
Our services:
We can assist you in choosing the right path to be chosen by a designated organisation.
Our guidance will help you in setting up a relationship with a Designated Organisation (Incubator, Angel group or a Venture Capitalist group). Designated organizations are business groups that have been approved by ICCRC to invest in or support possible start-ups.
ICCRC’s Approved Organizations choose which business proposals to review. If one organisation decides to review your start up, it will assess the potential of your proposal and whether or not it will succeed. Each organization has its own intake process for proposals and criteria used to assess them. Our job is to help you present the proposal in the way that the designated organisations like to receive them for the maximum chances of acceptance.
If an organization chooses to support your business idea, it will give you a Letter of Support.
Please contact us, to apply for the Start-up Visa Program and speak to our experts
Canada Super Visa
Canada Super Visa enables parents and grandparents of Canadian citizens and permanent residents of Canada to visit their family and stay in Canada for up to two years without having to renew their status.
Canada Super Visa Eligibility
To apply for the Canada Super Visa, the parent or grandparent must:- Prove that they are simply visiting the country and will return to their home country at the end of their visit.
- Demonstrate ties to their home country.
- Show the purpose of their visit.
- Show their finances in their home country.
- Provide a letter of invitation from their Canadian child or grandchild living in Canada.
- Provide a letter promising financial support from their child or grandchild in Canada.
- Prove parental relationship to the child or grandchild.
- Provide one of the following documents to prove that their child or grandchild meets income requirements to apply for Canada Super Visa:
- Most recent copy of the notice of assessment or tax returns.
- Most recent copy of the T4 or T1.
- A letter from the child/grandchild’s employer.
- Employment insurance pay-stubs.
- Proof of private medical insurance with a Canadian insurance company valid for a minimum of one year.
- Complete and pass an immigration medical examination for Canada Super Visa.
Important Information on Canada Super Visa
- You can apply for the parent and grandparent super visa online or on paper.
- Depending on individual circumstances, you may be eligible for a multiple-entry visa for up to 10 years.
- Even if you do not need a visitor visa to enter Canada, you can use the Canada super visa to stay in the country for up to two years.
- Parents and grandparents living in countries that require a Temporary Residence Visa (TRV) can obtain the Canada super visa so that they can travel freely between Canada and their country of residence without having to regularly re-apply for a TRV.
XIPHIAS Immigration provides a wide range of legal services internationally, including immigration, education and legal consultation. By delivering comprehensive and up-to-date immigration advice and services to individuals, families and SME business owners worldwide, our Immigration Services are designed to equip our clients with thorough information enabling them to make informed decisions.
We at XIPHIAS aim to make the complex process of preparing financial papers, authenticating documents, filling applications, obtaining visas, and acquiring work and residence permits as simple, quick and easy as possible for our clients or the last 19 years we have been consistent in delivering reliable immigration and services, guaranteeing our clients a hassle-free experience by being there to answer questions and provide solutions every step of the way. For more information on Canada Super Visa, get in touch with our team of qualified consultants, skilled advisors and highly trained instructors.
XIPHIAS Immigration helps you and guide you in every way to fulfill your dreams to settle in Canada. We have all the expertise to prepare your application and advice you before and after you come to Canada on how to accomplish the conditions put forth by the Canadian Authorities. Now is the time to take advantage of great life style in Canada. The opportunities are unlimited.
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