Start-up visa is for foreign entrepreneurs with the skills and potential to establish business in Canada (outside Quebec), that are innovative, can create employment for Canadians and can compete on a global scale. Up to five applicants for one business are allowed.
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A qualifying business must be based in Canada and managed by applicants within Canada. The applicants and the designated entities supporting them must have majority control of the business.
For the applicant to be successful:
These are organizations or business groups that have been approved to support or invest in start-up businesses. The applicants must have obtained a commitment from one or more designated organizations that are less than 6 months old.
The applicant needs to:
The applicants must meet the language requirements to qualify for a Start up Visa
The applicants must have enough money to support themselves and their family members after they arrive in Canada. The amount required is varies based on the number of the family members.