In Canada Immigration Visa

Canada is a fascinating destination to set up a business. Since Canada is close to the mainland USA, it has forever been a traders’ paradise. The availability of skilled labour and abundant natural resources, like timber, gas, oil, and proximity to the USA makes it a business hotspot.

The country also has easy-to-understand laws and hospitable culture, making Canada a budding entrepreneur’s delight. As a result, Canada Startup Visa can be an excellent stepping stone to success.

Read on to find more information about Canada’s startup visa program, including the benefits, procedure, and setting up a business with low investment.

What are The Benefits of a Canada Startup Visa?

Canada Startup Visa opens a window of opportunities for entrepreneurs and students. Here are the top benefits:

  • A startup visa is regarded as the quickest way to secure a Permanent Residency in Canada. On the other hand, people coming through traditional immigration programs need to obtain a Temporary Travel Visa (TRV) or work permit before applying for Permanent Residency.
  • The process of the Canada Startup Visa Program is far less complex than traditional immigration programs.
  • Unlike traditional immigration programs, a qualified business applicant can secure PR status in less than 16 months. You may continue working in Canada while your application is processed.
  • Canada Startup Visa allows you to establish your business anywhere in Canada, except Quebec. Quebec has a separate immigration authority, and the process is different.
  • You can get plenty of support from angel investors, Venture Capital firms, and business incubators when you have a proven business concept.

Who Can Qualify for the Canada Startup Visa Program?

If you want to enter Canada to set up a business, you need to satisfy the following criteria:

  • Qualifying Business – You and the owners (up to five) must have at least 10% voting rights, and the designated organisation and all applicants must hold over 50% voting rights.
  • Letter of Support – You need to secure a Letter of Support from an organisation authorised to support startups in Canada. Such organisations are known as designated organisations.
  • Know The Language – You need to clear a test to prove that you possess Canadian Language Benchmark (CLB) 5 knowledge in speaking, reading, listening, and writing skills. You may appear for any of the four tests – Canadian English Language Proficiency Index Program (CELPIP), International English Language Testing System (IELTS), Test d’évaluation de français (TEF Canada), or Test de connaissance du français (TCF Canada).
  • Funds to Sustain – Since the government does not offer any financial support to new entrepreneurs, you must show that you have enough funds to sustain yourself and your dependents. The amount may depend on your family size. For example, if you have a family of two, you need to keep CAD 16,135, but for a family of seven, the amount increases to CAD 34,299. In some cases, a designated organisation may also provide you with the funds required to sustain in Canada.

How Can You Apply for the Canada Start-up Visa Program?

If you want to make the application and approval process seamless, you can apply through an immigration consultant. But, the agency should be recognised by the Immigration Consultant of the Canada Regulatory Council. For instance, Croyez Immigration is an ICCRC immigration and visa consultants in Chennai.

Here are the four steps you must ensure to apply for the visa program:

  1. Pitch a unique business idea to the designated organisation that may support your startup venture.
  2. If the organisation assures you of its support, seek a Letter of Support from it. The organisation also needs to send a commitment certificate to the Government of Canada.
  3. You can find more information about pitching ideas from the list of designated organisations.
  4. After getting the Letter of Support and meeting the eligibility criteria, you will have to submit the application form to the concerned authority.

Who Reviews Your Canada Startup Visa Application?

Every Canada Startup Visa application goes through three rounds of screening before approval.

  1. First step: The designated organisation reviews your proposal and provides you with a Letter of Support. They also send a Commitment Letter to the authority.
  2. Second step: The Immigration, Refugees, and Citizenship of Canada body reviews the immigration application. It checks whether your profile is fit for Permanent Residency or not.
  3. Third step: Your application may be put through to an independent peer-review process. Peer review ensures that the applicant and the designated organisation do not engage in fraudulent activities and their operations are according to the industry’s standards.

 

Also Read: Quebec Immigration Is The Gateway To A Golden Future. Find Out How!

 

Can You Apply for Canada Startup Visa as a Team?

The answer is – Yes! You Can.

Canadian immigration laws allow for an application from up to five (5) persons for a single Canada Startup Visa. They need to declare themselves as owners of the same business. Generally, the designated organisation screens the application and selects one essential business owner. An essential person is the most vital person without whom the project cannot survive, and naturally, the designated organisation would not support or invest. If the authority refuses the application of the essential person, the other persons’ application automatically stands cancelled.

An ICCRC-registered immigration consultant can help you prepare an impeccable business profile that increases the chances of approval – securing approval from the authority as an individual is challenging, if not impossible.

Do You Need to Secure Any Minimum Investment From The Designated Organisation?

Canadian laws make it mandatory to secure a minimum investment amount from the designated organisation.

Designated organisations are of three types – Venture Capital Group, Angel Investor Group, and Business Incubator.

If you have tied up with a government-approved Venture Capital Group, they need to invest a minimum of CAD 200,000. For an Angel Investor Group, the minimum amount required is CAD 75,000.

If you choose the Business Incubator program, you do not need to secure any financial investment. However, you need to prove that you have been accepted into a Business Incubator program.

Conclusion

Canada offers attractive corporate tax rates, which range between 2% and 16%. Moreover, when you choose a Canada Startup Visa, you do not need to invest anything. The set-up funds usually come from the designated organisation. Additionally, if your business fails to hold ground, it does not affect your Permanent Residency status.

If you want to stay ahead in the race to Canada Startup Visa and Permanent Residency, choosing Croyez Immigration, an ICCRC-registered immigration consultant, can be the best bet. Our team of experts provides timely and best-in-class support to ensure quick Canada Startup Visa approval.

Leave a Comment

Start typing and press Enter to search

Being a client-oriented immigration consultant, we provide 100% job assistance to our clients in helping them to find a suitable job for their profile. Delivering it as a value-added service, we navigate our clients in finding to find the most suitable job.

Being an eminent immigration consultant, we at Croyez follow a highly streamlined process in navigating our clients to carry out the proper and flawless legal registration process in getting immigrated to any nation according to their profile. Our profound services and in-depth network we hold with standard councils play a prominent role in moving the client files without obstacles. Ranging from submitting basic ID proof to preparing our client for visa interview, we deliver full-fledged immigration service and legal registration assistance in moving our clients to foreign soil.

Croyez immigration offers splendid IELTS coaching in training our clients for language ability examinations. We provide complete study materials for free and total guidance for our clients in cracking the language proficiency evaluator test successfully.

IELTS examination consists of four stages namely Reading, Writing, Listening and Speaking, where your excellency towards the language gets highly tested. Being the profound immigration consultants, we at Croyez ensure our clients attain the best assistance in language training and crack the test with high credits.

IELTS academics and IELTS general are the two major categories of participant evaluation. Except for students, other immigrant applicants would opt for IELTS general examination. The listening and speaking test patterns will be similar for both the categories and the reading and writing test would vary according to the type of test taken by the individual.

We are highly trustworthy immigration consultants who not just stop our services with job assistance or visa processing where we provide perfect and complete post landing assistance that helps our clients to settle down in the respective immigrated region peacefully. Full-cycle post landing assistance we provide are:

We conduct regular meetups between clients and our immigration experts, that helps to give a better explanation regarding the socio-cultural profile of the nation that the client is about to get landed.

Being a promising immigration consultancy we at Croyez deploy the most streamlined and structured evaluation process that helps our clients to opt out for the most suitable nation where they can exploit their talent to the peak. We ensure that our clients attain high clarity in the entire evaluation process so that they get well informed about a wide range of opportunities available for their profile.

We are a technology-driven immigration consulting company, delivers sheer benefit to our geographically distributed clients by making complete use of the world-class web platform. The web platform we possess is highly interactive and creates the feel of a direct visit to our clients virtually.

We understand your need to get upgraded with your professional life, and hence we help you out accordingly to achieve your dream, irrespective of your geographic presence. The entire process starting from initial registration to post landing assistance can be delivered seamlessly using our acrobatic web platform. Our efficacious web platform is CRM enabled and hence addressess client queries instantaneously with great accuracy.

We guarantee 100% money refund to our clients if we don’t find a suitable scope of opportunity, we strongly believe in our process and its uniqueness which made us successful all these years and helps to earn valuable clients.

Your visa approval process might get delayed or disapproved even due to the miscommunication transferred over to the immigration officers as a part of human error there is nothing to get panic with this situation where we ensure that the occurred error gets sorted out and your papers get cleared without facing any further setback.

Over the years of our journey in providing immigration consultation, we have found that the majority of our clients had struggled in filling the overall application on their own to carry forward with the visa process. If in case they have committed any mistake or given wrong information their visa processing would get stopped or delayed, and they would have re-apply for the immigration process, again right from the beginning. To overcome from this chaotic situation, we have formed an affluent team of immigration consulting experts who helps to move on your papers without any hurdle.

We ease up the tiresome process of documentation and help you to focus on your preparation by deploying qualified experts into the system. Our immigration consultants refine out the complexity in handling your papers and ensure a smooth landing in the foreign soil.

Our team of immigration consultants has vast experience in guiding diversified clients from different streams of life in achieving their goals in terms of academics, work, and business. Our renowned team of immigration consulting experts will guide you in the entire process that boosts your confidence in taking a wise decision regarding immigration.

We are proud to say that we maintain a very high success ratio of immigrating our clients to different regions of this planet according to their profile and industry demand. The structured processing approach and dedicated client servicing have helped us to maintain the rhythm of high consistency since our inception.

We maintain a high level of transparency and great detailing in the entire processing of your application to get immigrated. The 100% transparency we maintain helps to create a better understanding amongst the client and also educates them the actual scenario happening in the back-end from our side in moving their papers with the help of acrobatic CRM.

Our step-by-step immigration assistance process involves:

In this first step, we carry out the evaluation process of our clients to know where does they get exactly fit in and the feasibility rate to get immigrated to Canada.

  • Nationality of the Client
  • Age of the Client
  • Languages known
  • Educational Qualification
  • Family Background
  • Any friends or relatives residing in Canada?
  • Work experience
  • Net worth or current income
  • Do the client have offer letter from a Canadian company
  • Does the client manages any own business?

Post gathering the required information from the client we move to the respective immigration process that suits them well and carries forward their papers to immigrate them as quickly as possible. We then move your files to IRCC to check whether it is a complete fit to get immigrated. This evaluation from IRCC includes some health and security check of yours, and it may get extended to a further interview by IRCC crew.

Once you have done successfully with the IRCC review, then we help you get prepared to live in Canada by bringing in the essential factors like:

  • Getting you a Id card and driving license
  • Assessing your credentials
  • Carry required documentation
  • Help you find accomodation

[]
1 Step 1

Contact Us
Nameyour full name
Contact NumberyourContact number
Preferred Destinationpick one!
Commentsmore details
0 / 100
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
FormCraft - WordPress form builder

Name: Mr.Ram Babbar.                                  Name: Mrs.Simran
RCIC Number : R515758                                RCIC Number : R535583

Use the link below to know more details :

https://iccrc-crcic.ca/find-a-professional/

[]
1 Step 1

Contact Us
Nameyour full name
Contact NumberyourContact number
Preferred Destinationpick one!
Commentsmore details
0 / 100
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
FormCraft - WordPress form builder

Enquiry Now
close slider
[[[["field12","equal_to","Coimbatore"]],[["email_to","croyez","mani@croyez.in"]],"and"]]
1 Step 1
Fill your details to get a free Consultation
Nameyour full name
Mobile NoMobile No
tablet_android
Leave your messagemore details
0 / 100
keyboard_arrow_leftPrevious
Nextkeyboard_arrow_right
FormCraft - WordPress form builder
quebec immigrationVisa Consultant in Bangalore