Most countries all over the world offer an Investment / Start-up programs to encourage business person’s immigrants to establish businesses in their country. Who have proven experience in managerial occupation and running business, Investors who are showing interest to start a new business in overseas or invest in another country or interested on opening new business venture or buying an existing property/business located in the country to get a permanent resident.
However, if the goal is not just financial returns but also achieving non-financial benefits, one individual needs to look very closely at the country of choice and their investment programs.
With such a high level of competition these investor programs seek to attract potential international investors who have enough proven net worth and managerial experience or an existing business in home country.
Every country that offers an investment program has its own set of requirements and eligibility criteria. Each year almost thousands of applicants applying for these visas. Who are looking for a better lifestyle for themselves and their families. An internationally recognized and approved investor visa consultant like Onarrive Overseas is important for this process. Currently, Onarrive Overseas Consultants provides counseling, documentation and visa service for Canada Start-up Visa.
Each and every country has different criteria to be eligible. Major assessment criteria are:
Onarrive Overseas Consultants helps entrepreneurs / investors to make the right decision through our high standard report. Our expertise Investor Specialist will analyze your report and suggest the best country and programs based on your personal and business goals.
Canada’s start-up visa program was started in 2013 as a pilot program. In 2017, it was made a permanent resident for investor immigrants. This program helps applicant to come to Canada in work permit with an approval of Canadian investors. Once business is established in Canada applicant can apply for PR.
Canada’s start-up visa targets innovative entrepreneurs with the skills and potential that you can create jobs for Canadians and good economic scale in Canada.
Your Start-up business should meet the following conditions in order to be eligible
A business in which each applicant must hold 10% or higher voting rights to all shares of corporation. A maximum of 5 people can apply as owner.
As well as applicants and the designated organization jointly hold more than 50% of the voting rights to all shares of corporation.
While processing your Permanent Resident you have to provide your business incorporated documents, operation structure of your business and ongoing management of this business.
Initially you have to get a letter of support from approved designated organization in Canada to invest in or support possible start-ups.
You must have an innovative business idea to that is worth supporting from the designated organization.
Each organization has different requirement but don’t worry our investor consultants will assist you in every stage of your profile.
Private sectors:
All applicants must demonstrate Canadian language proficiency either English or French. You must take language test from approved agency to process it.
You must score minimum requirement of CLB level 5 or higher.
For English Language:
For French Language:
Number of family members | Funds required (in Canadian dollars) |
---|---|
1 | $12,960
|
2
| $16,135 |
3 | $19,836 |
4 | $24,083
|
5 | $27,315
|
6 | $30,806
|
7 | $34,299 |
For each additional family member | $3,492 |
Canada Start-up Visa program offers international entrepreneur immigrants an opportunity to start a business in Canada. Candidates can initially travel on work permit with a letter of support by the approved designated investor organization. After the business is registered and met the requirement, Candidate will be qualified for the Permanent Resident.
There are some eligible criteria you should meet before applying this visa. Those are approved business concept from designated investor organization, English Language proficiency, Company ownership requirement & sufficient funds to run your business in Canada.
As per Canadian approved designated investor organizations. Candidates must have $75,000 CAD to $200,000 CAD. If the candidate business is innovative and supported by the Angel investor group than candidate not required to invest for this Canada Immigration program.
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