Have you watched Shark Tank or Dragons' Den? It's similar to Start-Up Visa.
The Start-Up Visa (SUV) program is an immigration opportunity for entrepreneurs who want to start their own business in Canada. Think of it like Shark Tank, but with support from professional investment funds!
The Startup Visa program is like a dream come true for any entrepreneur. You'll be able to present your idea and receive support from designated investment funds!
The Canadian government introduced the SUV program as a pilot program in 2013. It was launched to encourage innovative entrepreneurs from around the world. This immigration visa is for people with good ideas who can start a business that will create jobs in Canada.
The SUV program became a long-term program.
Following the successful evaluation of the Start-Up Visa program by Canadian immigration officials in 2017, the program was declared permanent. This allows successful applicants to enter Canada quickly with permanent resident status, leading them to become Canadian citizens!
Can I apply for a Start-up Visa?
The SUV program is a new, innovative, and groundbreaking program that will allow you to start a business without any financial requirements. This means anyone can apply as long as they have a great idea for something worthwhile! To be eligible, applicants must meet the following criteria:
- Eligible business plan
- Letter of support from a designated organization
- Minimum level: CLB 5 in English or French
- Having sufficient funds to live comfortably for the first year in Canada is readily available.
What's next?
Canada's SUV immigration program is one of the simplest in North America. You need a designated organization to support your idea, and then it's just a matter of time until you can become a permanent resident. KeyApply – a business consulting company – will support entrepreneurs starting their SUV business in Canada.