Obtain Canadian permanent residency with ease in 2022
☑ Gain direct Canadian PR in only 15 – 19 months
☑ Easy program requirements.
☑ 100% Money-Back Guarantee option available.
☑ Over 4,500 government grant funding options to apply for.
☑ Our client success rate for Letter of Support issuance has been 100% for over 3 years.
YOUR NEW LIFE IN CANADA IS LESS THAN 2 YEARS AWAY…
When it comes to freedom, living standards and educational standards, Canada is one of the best countries in the world. Boasting unparalleled safety, world-class infrastructure and a booming economy, the country is an obvious choice for immigrant investors seeking a better life in a first-world environment.
The Canadian Startup Visa Program is the best, yet most under-utilized path to Canadian permanent residency by investment. Offering simple eligibility requirements, no net worth requirements, and a fast, predictable application process (if assisted by knowledgeable professionals), this is your gateway to a life of prosperity in Canada.
With our proven startup incubation programs priced at only US $250,000 for concept-stage startups, $200,000 for product-stage startups and only $75,000 for mature enterprises, your Canadian Dream is now within reach.
And with a 100% Money-Back Guarantee option available, you can apply for the Canadian startup residency visa with complete peace of mind.
Let’s get into the details below…
Why choose the Canadian Startup Visa Program?
SPEED
The Canadian Startup Visa is THE fastest, easiest Canadian Permanent Residency Program – application approvals are typically completed in 12 months (the entire process takes 15-19 months, start to finish).
CONVENIENCE
Enjoy a proven, concierge-style application process – get your Startup Visa Letter of Support from a Canadian Designated Organization in 3 months or less. Your total time commitment is around 2 weeks only.
AFFORDABILITY
The Canadian Startup Visa Program has no minimum personal net worth requirement. All you need to show is sufficient settlement funds (only CAD $24,553 (US $19,153) per year for a family of 4.
SCALABILITY
Multiple foreign founders can apply together within a single startup entity – so you can bring your core team to Canada (discounts apply for additional co-applicants).
FREEDOM
With the Canada SUV, you can settle anywhere in Canada – unlike with the Quebec Immigrant Investor Program (QIIP) and the various other Canadian Provincial Entrepreneur Programs.
ACCESSIBILITY
The Canadian Startup Visa Program has the lowest language proficiency requirements of all the Canadian Investor Visa Programs – only Level 5 CLB/IELTS 5, as opposed to Level 6+.
NO JOB CREATION REQUIREMENTS
Unlike as with programs like the US EB-5 Visa, comparable EU Residency By Business Investment Programs, or with Canada’s other Provincial Entrepreneur Visa Programs, the Startup Visa Program does not require you to create any jobs for Canadians.
NO BUSINESS PERFORMANCE TARGETS
Uniquely, the Canadian Startup Visa Program does not require your new startup to set or meet any business growth or revenue performance targets. In fact, the Canadian authorities understand that many startups fail – and it won’t affect your PR status.
NO BUSINESS REPORTING REQUIREMENTS
With the Startup Visa Program, you are free to manage your new business venture as you see fit. There are no mandatory progress reporting requirements, giving you more time to focus on getting your family settled in their new home country.
VERSATILITY
ANY type of business or idea can qualify under the Startup Program – as long as it’s innovative (we help you identify the right concept). With all the other provincial programs, you have to choose the industry set by the province.
FLEXIBILITY
The Startup Visa Program is fully flexible – you can qualify for Canadian Permanent Residency whether you’ve got a product (MVP), a fully-fledged existing enterprise overseas, or an innovative startup idea only.
100% RELIABILITY
Total peace of mind – as long as you don’t opt to apply for a Work Permit, we offer a 100% Money-Back Guarantee should your Startup Visa application not get approved (our client success rate for the past 3 years is 100%).
Watch our 3-minute Canada Startup Visa explainer video now
Which of our Canada Startup Visa solutions is the right fit for you?
CONCEPT STAGE (MVP)
US $250,000PROGRAM FEE
- DESCRIPTION: The Business Incubator Residency Program is ideally suited to existing or prospective founders who have a relevant resume, and are intent on launching and operating in Canada. They have to meet the basic admissibility requirements (see below). Around 90% of our clients fall into this category.
- REQUIREMENT: Acceptance into a Business Incubator
PRODUCT STAGE (MVP)
US $200,000PROGRAM FEE
- DESCRIPTION: The Angel Investment Residency Program is ideally suited to existing startup founders who are intent on launching and operating in Canada, and require access to additional capital to launch or further develop their product or service offering in the country. They too have to meet the basic admissibility requirements (see below).
- REQUIREMENT: Raise $75,000 from an Angel Investor Group
MATURE ENTERPRISE (SCALING)
US $75,000PROGRAM FEE
- DESCRIPTION: The Venture Capital Investment Residency Program is ideally suited to existing startup founders who are intent on launching and operating in Canada, and require access to additional capital to launch or further develop their product or service offering in the country. They too have to meet the basic admissibility requirements (see below).
- REQUIREMENT: Raise $200,000 from a Venture Capital (VC) Fund
What is the Startup Visa Canada success rate?Canadian Startup Visa2022-01-24T15:03:23+02:00
According to official data issued by StatsCan, the approval rate for the Canada Startup Visa Program, on average, was only 38.3% for the period 2015 – 2020.
The success rate, per country is included in the table below:
| Country Ranking | Applicant Country | Approval Rate |
|---|---|---|
| 1 | South Africa | 91.7% |
| 2 | Brazil | 73.2% |
| 3 | UK | 61.5% |
| 4 | Russia | 56.9% |
| 5 | Hong Kong | 55.8% |
| 6 | USA | 42.9% |
| 7 | Vietnam | 36.6% |
| 8 | India | 34.0% |
| 9 | China | 31.4% |
| 10 | Turkey | 31.8% |
| Program Average | 38.3% |
NOTE: These approval rates have changed considerably since 2020, and more recently, independent applicants have seen higher rejection rates than those working with experienced service providers; in the Business Incubation sub-stream, in particular.
Comparing your economic immigration options for Canada:
The Canadian Startup Visa Program vs Provincial Investor Program vs Quebec Immigrant Investor Program (QIIP)
| CONSIDERATION | CANADIAN STARTUP VISA PROGRAM | PROVINCIAL ENTREPRENEUR PROGRAM: ONTARIO | QUEBEC IMMIGRANT INVESTOR PROGRAM (QIIP, CURRENTLY PAUSED) |
|---|---|---|---|
| Minimum investment threshold | No minimum investment required; capitalization as per business’ requirements | CAD $600,000+ (~US $468,000) | Passive investment of CAD $1.2 million (~US $936,000) – 0% interest government loan (government guaranteed). |
| Minimum individual net worth requirement | No minimum personal net worth requirement, only proof of sufficient settlement funds:
Primary applicant: CAD $13,213 (~US $10,307) per year; Spouse: CAD $3,236 per year (~US $2,524); Additional Family Members: CAD $3,560 (~US $2,777) per per year; Married Couple: CAD $16,449 (~US$12,832); Family of 4: CAD $24,553 (~US $19,152) |
CAD $500,000 (~US $390,063) – 800,000+ (~US $624,100+) | CAD $2 million+(~US $1,560,287) |
| Type of startup or business | Any type of startup or business is eligible, as long as it is innovative. | Investment in own business, as per stated Own Business Requirements | Infrastructure investments only |
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| Typical timeline to Permanent Residency (PR) |
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| Where in Canada can you settle | Anywhere | In hosting province only (in this case, Ontario) | Quebec only |
| Applicant age restrictions | No age restrictions whatsoever | Applicants must be aged between 22 and 40 years (New Brunswick). | No age restrictions |
| Restricted nationalities | North Korea | North Korea | North Korea |
Canadian Startup Visa Program Requirements 2022
1. English or French proficiency (Level 5/12)
2. Sufficient settlement funds
3. Medical clearance
4. Criminal clearance
5. Innovative startup or business idea
6. Support from a Canadian Designated Organization (Business Incubator, Angel Investor Group or Venture Capital Fund).
The SUV application process at a glance
Total process duration: 12 – 16 months to Canadian Permanent Residency.
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STEP 1: Contact us by completing the below form.
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STEP 2: Eligibility verification confirmed by Service Provider.
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STEP 3: Application Assessment and Facilitation Application.
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STEP 4: Teaser / Summary Creation by Service Provider.
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STEP 5: Proposal to Designated Organization
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STEP 6: Interview Appointment Setting
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STEP 7: Pre-Interview Coaching Workshop.
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STEP 8: Interview between Founders and Incubator
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STEP 9: Formal Response from Incubator.
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STEP 10: Training Program invitation from Incubator
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STEP 11: 2-Week training with Incubator
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STEP 12: Graduation and Certificate of Completion
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STEP 13: Finalization of business package for LOS submission
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STEP 14: Vetting of Letter of Support submission.
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STEP 15: Receipt of Letter of Support from Business Incubator.
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STEP 16: LOS and Approved Business finalized
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STEP 17: Immigration Package Preparation
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STEP 18: Permanent Residency Application
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STEP 19: Obtain Canadian Permanent Residency
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STEP 20: Company Formation in Canada.
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STEP 21: Receive support from Incubator
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STEP 22: Quarterly Incubator Reporting
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STEP 23: Final Report to Ministry (12 months after PR)
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STEP 24: Final Process Completion Call.
Why choose to work with us
– 100% Letter of Support issuance rate for 3 years+
– Over 330 successful applications to date.
TOP PROVIDER: We successfully process more Canadian Startup Residency applications per year than any other provider (over 1,100 to date).
PROVEN TRACK RECORD: Over the past 3 years, our Letter of Support issuance success rate has been 100%.
INDUSTRY PIONEER: We are the team of professionals that helped develop the Canadian Startup Visa Program from inception.
100% MONEY-BACK GUARANTEE: We offer fully refundable program options, giving you complete peace of mind.
GOVERNMENT GRANT FUNDING EXPERTISE: The Canadian Government offers over 4,500 grant funding options for new Canadian startups – but you need to know where and how to apply for it. Our team can help your new business obtain significant grant funding, thus reaching growth and profitability faster.
Let an expert, ICCRC licensed Canadian immigration consultant guide you through the immigration process.
IMPORTANT TO NOTE…
The above information is intended as general information on the topic only, and does not constitute legal advice. Nor does usage of, or reliance on, any of the information supplied on this site, or via our social media platforms, create a client-attorney relationship.
While every reasonable effort has been made to ensure the accuracy of this site’s content, all information should be independently verified before being relied or acted upon.
Always speak with an experienced attorney before making any investment migration decisions.