For Businesses
Canada Start-up Visa with Ease
Canada is looking for talented entrepreneurs that are interested in starting businesses that will stimulate the Canadian economy while creating employment opportunities for its residents.
What are the Requirements for Start-up Visa?
language Proficiency
Meet the language requirements of the Canadian Language Benchmark (CLB) 5 in either English or French
Letter of Support
Obtain a letter of support from a designated organization
Proof of funds
You will need to demonstrate that you have enough money to support yourself and any dependents once you arrive in Canada.
Have A Qualifying Business
You must hold at least 10% of the voting rights attached to all shares of the company
Start-up Visa FAQs
How to apply for a start-up visa?
- Fill out the application form:
Fill out the Generic Application Form for Canada
Click the “Validate” button on the form, and make sure that you have completed all required fields
Print the validated application form, making sure to include the barcode page
Sign and date the form
Complete the document checklist
2. Gather all documents listed in the order specified in the document checklist
Place all necessary documents in a sealed envelope
Print out the document checklist and sign it
Include the document checklist as the cover page of your application
3.Pay your application fees
Application fees include processing fees for you and anyone included in your application
Right of permanent residence fee
Third-party fees including fees for medical exams, police certificates, and language testing
What are the designated organizations for start-up visa?
List of designated organizations:
Designated Angel Investors
Designated Venture Investors
Designated Business incubator
A designated organization’s investment committee is conveyed to the respective authorities via a Letter of Support, which must be made a part of the candidate’s official application. The validity of the Letters of Support lasts for six months from their issue date.
How long does the processing of an SUV PR application take?
As of March 2024, the IRCC estimates the processing time for a Start-Up Visa application to be about 37 months, which is just over 3 years. These estimates are based on historical data and are a general guide. Actual times may vary as they depend on the volume of applications received and how quickly they can be processed. Another way to look at it is by current application backlogs and planned processing rates. With about 8,000 applications in the queue (as of April 2023) and an annual processing goal of 5,000 in 2024, increasing to 6,000 in the following years, it would take over two years to work through the existing applications, assuming no new ones are added. Both methods indicate a processing time of around 2.5- 3 years, but these are estimates and the actual time may be different.
