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International entrepreneurs may apply for a start-up visa in Canada, which allows them to live permanently in the country.
Before starting a business in Canada, these individuals must meet the language proficiency requirements and demonstrate that they have sufficient funds to cover their settlement and living expenses.
They must also introduce new and innovative business concepts, build employment opportunities for Canadians, and operate on a large-scale, global scale.
Furthermore, applicants for this programme may be expected to show a work permit in order to qualify for permanent residence or show sponsorship from the following business groups (organizations):
These organizations have different screening requirements, and you will receive a letter of encouragement if you are chosen.
However, if you want to immigrate to Quebec and start a business there, Quebec has its own business immigration policy, which can vary slightly in terms of qualifications and selection criteria.
Canada’s Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:
To be eligible for the Start-up Visa Program, you must:
| Fees | $CAN |
|---|---|
| Your application
Processing fee ($1575) and right of permanent residence fee ($500) |
2,075 |
| Your application (without right of permanent residence fee) | 1,575 |
| Include your spouse or partner
Processing fee ($825) and right of permanent residence fee ($500) |
1,325 |
| Include your spouse or partner (without right of permanent residence fee) | 825 |
| Include a dependent child | 225(per child) |
If you or your family need to give biometrics, pay your biometrics fees at the same time you pay your other fees. Make sure you pay using the same payment method.
| Fees | $CAN |
|---|---|
| Biometrics – per person | 85 |
| Biometrics – per family (2 or more people)
Maximum fee for a family of 2 or more people applying at the same time and place |
Processing time is usually 12 to 16 months.
Source: Immigration, Refugees and Citizenship Canada
