The Start-up visa program is designed with an aim to find immigrant entrepreneurs who are ambitious and are dreaming to start a business that may touch the global line. Canada start-up visa program became popular in 2016 as the federal start-up program for the business immigrants is thought to bring flexible financial opportunities for these budding entrepreneurs in the current financial year.
Factual data shows that this start-up visa program has an annual quota of 2750 applications and its market capitalization is ought to reach $800 million in the preceding years. Thus, if you have zeal to do something and have an innovative idea that can bring the best out of you, Canada is the best place to give a start.
Canada wants entrepreneurs and is open to the world’s start-up entrepreneurs, reasons behind are:
- High quality research and development
- Rising economic graph
- Nominal tax and business cost
- Life at its paramount
Thus, you can pack up for Canada and reach up to the zenith in your career, but of course first check the eligibility for a start-up visa for Canada:
- Prove that your business is supported by a renowned organization and take a letter of support from them
- Meet all the language requirements, English and French is in demand and need
- Your business should meet the ownership requirement, 5 people can be the owner of a single organization and each person should hold at least 10% and collectively more than 50% of the voting rights
- Make sure that you have ample of funds to give a start to your business as Canadian government does not give financial support to the startups
Canada and entrepreneurship on your mind – begin now and be an entrepreneur in Canada
If you are fortunate enough to stand up in all the eligibility criteria, you can now apply for start-up visas and submit your application to any one among Canada’s venture capital and private equity association, the National Angel Capital Organization and the Canadian Acceleration and Business Incubation Association. Also, to demonstrate your health and security proof, you need to communicate in either English or French from post-secondary institutions.
Once you are in, you can avail all the advantages of Canada start-up visa program, enlisted here for you:
- Most unswerving mode to set up a business
- Unconditional immigrant visa program unlikely to that of other programs
- Investors can also apprehend on return on investment as decided in their negotiation in the share of business
To boot, move to Canada, legalize your business and enjoy the fruits of your success.
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