Federal Start-up Visa
The Start-up Visa Program distinguishes itself significantly from the skilled worker immigration, which relies on a points system. Unlike the skilled worker stream, this program does not specifically target young professionals who have either worked or studied in Canada. It goes beyond age and educational qualifications, requiring only a basic proficiency in English or French, equivalent to a Canadian Language Benchmark of 5. The private sector plays a crucial role, necessitating a government-approved “Designated Organization” to furnish a “Letter of Support.” Sapphire Law immigration conducts a thorough analysis of your background and collaborates with you to submit an authentic application. We work closely with business partners who craft compelling pitches to the Designated Organization, and our firm maintains robust professional relationships with these approved private entities.
This initiative allows up to five applicants to form a collaborative startup. Once the application is lodged, Sapphire Law immigration provides essential ongoing support and guidance to ensure a successful outcome. Compliance with Section 89 of the Immigration and Refugee Protection Regulations is imperative, requiring a demonstration that the intention of immigration is to engage in the specified business activity rather than a mere desire to relocate.
A notable advantage of the Start-up Visa Program is the absence of conditions upon achieving immigration status. In other words, permanent residence is not contingent on hiring a specific number of local Canadians or proving the success of the business. Recognizing the inherent risk in entrepreneurial ventures, the government refrains from imposing further check-ins once an individual becomes a Permanent Resident. Given this, a meticulously prepared application is essential for success in the program.
KEY BENEFITS
PERMANENT RESIDENCY
- Successful applicants and their families attain permanent residency status in Canada, unlocking access to world-class education, healthcare, and an exceptional quality of life.
ACCESS TO RESOURCES
- Entrepreneurs leverage Canada’s supportive ecosystem, gaining access to essential resources such as funding, mentorship, and extensive business networks.
INNOVATION HUB
- Canada stands as a global leader in vibrant tech and innovation hubs, fostering collaboration and providing unparalleled growth opportunities.
GLOBAL MARKET ACCESS
- Establishing your startup in Canada opens doors to North American and global markets, positioning your venture strategically for international success.
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ELIGIBILITY CRITERIA
- QUALIFYING BUSINESS: Your startup must be innovative, scalable, and demonstrate the potential to create jobs while competing on a global scale.
- DESIGNATED ORGANIZATION SUPPORT: Secure the backing of a designated organization willing to invest in and support the growth of your business.
- LANGUAGE PROFICIENCY: Applicants must exhibit proficiency in either English or French through recognized language assessments.
- SUFFICIENT SETTLEMENT FUNDS: Demonstrate the availability of ample funds to ensure a smooth settlement in Canada.
- SECURITY AND MEDICAL CLEARANCE: Successful clearance of security and medical evaluations is mandatory for all applicants and their accompanying family members.
APPLICATION PROCESS
- GET SUPPORT: Secure the commitment of a designated organization willing to endorse and support the development of your startup.
- SUBMIT APPLICATION: Complete and submit your application, including the letter of support from the designated organization and other requisite documents.
- PROCESSING: Your application undergoes a thorough assessment for eligibility and admissibility factors.
- BUSINESS ESTABLISHMENT: Upon approval, proceed with the establishment of your innovative business in Canada.
- PERMANENT RESIDENCY: Upon approval, you and your family members can initiate the application for permanent residency in Canada, paving the way for a prosperous and secure future.
Embark on your entrepreneurial journey with confidence, guided by our legal expertise through every step of the Canadian Startup Visa Program. Contact us today to transform your innovative business idea into a thriving reality in the heart of Canada’s dynamic business landscape.