Canada Start-up visa Program

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Business PlanCanada Start-up visa Program
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There are many s tart-ups that get started
across the globe. Few succeed a lot fail. There
could be many reasons why a start-up could fail
apart from the micro factors of business. of the
reasons could be the bureaucracy and the
stringent rules pertaining to start-ups in a
particular country. It could also be that that
the start-up is not conducive for the
environment of a particular country. There are
many people in the world that would have
relocated to another country with the sole
purpose of starting a business in the new
country. This is where Canada Start-up visa
comes into picture.
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Canada Start-up Visa has been designed for
all those who intend to relocate to Canada with
the need to start a business. The applicants
will be non-residents of Canada and they should
be able to prove the viability of the business
idea they intend to start. Such business
enthusiasts will get permanent residency in
Canada. Canada intends to invite as many as a
million immigrants into the country by the end
of 2022 of which more than 30 of the
immigrants are expected to be innovative
thinkers who can run a business in Canada with
fresh ideas.
Canada
Start-up Visa
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Such an immigrant will first get work permit in
Canada with which one needs to start their
business. Following this, once the applicant
produces business progress documents to the
immigrations, the applicant will get his
Permanent residency in Canada.
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To qualify for this program, the applicant will
need to provide letter of support and commitment
certificate supporting the applicant from a
designated organization. There are three
categories of designated organizations
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The visa applicant will approach a Designated
Angel Investor groups when he would need a
minimum investment of CAD
75000 as their initial investment The visa
applicant will approach a designated Venture
capital fund group when he would need a minimum
investment of CAD 200,000 as their initial
investment The visa applicant will work with
designated Business incubators when he would
need support more than funding for the project.
The applicant should have attended at least one
of the business incubation program organized by
the business incubator.
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A5 people together can apply for Start-up visa
under the same business idea. However, each of
them will have to obtain independent commitment
certificate and letter of support to carry on
with their respective application. It is best to
work with Canada Immigration consultant in Dubai
to successfully relocate to Canada. Such
immigration consultant will have good standing
with business organizations to help applicants
obtain the letter of support and certificate of
commitment.
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The applicant should have cleared the language
ability benchmark that Canada has set Each of
the applicant needs to earn letter of support and
commitment certificate Each of the applicant
will have to submit a proof of running business
successfully They must be able to provide
certificate of clearing the language
benchmark must submit bank statements to prove
that they have enough savings to support
themselves and their loved ones when in Canada.
They need to prove their credibility that they
would in no way be dependent on public funds for
survival there. The applicant must submit police
certificate stating that they have clean
background The applicant will have to submit
medical certificate proving their health status.
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The is visa program requires the applicant, his
partners and the designated organization to
collectively hold a minimum of 50 of the shares
in the business along with holding 50 of voting
rights there.
Canada invites many entrepreneurs into Canada
through Canada Investmentimmigration programs.

• The applicant will need to provide the right
  business plan to ensure things work out as would
  be required.
• It is better for the applicant to work with right
  immigration partner who can help them with
  international business ventures.

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