G B S I M M I G R A T I O N

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At GBS Immigration Edmonton, we are dedicated to guiding individuals, families, and businesses through every step of the Canadian immigration process. As a trusted immigration and consultation firm based in Edmonton, we provide a comprehensive range of immigration services tailored to your unique needs.

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Overview

 

The Start-Up Visa Program is Canada’s flagship federal pathway for innovative entrepreneurs from around the world. It targets those with the skills and vision to build businesses in Canada that are innovative, can create jobs for Canadians, and have the potential to compete globally

This program is open to entrepreneurs intending to settle anywhere in Canada except Quebec

Key Features:

  • Permanent residence for the entrepreneur and eligible family members.

  • No minimum investment required from the applicant, but the business must be supported by a designated Canadian organization.

  • Focus on innovation, job creation, and global competitiveness

Eligibility Criteria

  • Letter of Support: Secure a Letter of Support from a designated organization (venture capital fund, angel investor group, or business incubator) after successfully pitching your business idea.

  • Business Ownership: Hold at least 10% of voting rights in the business; together with the designated organization, you must control more than 50% of the voting rights.

  • Active Management: You must actively manage the business in Canada.

  • Language Proficiency: Meet the minimum language requirement (CLB 5 in English or French)39.

  • Settlement Funds: Show you have enough money to support yourself and your dependents after arrival.

  • Business Incorporation: The business must be incorporated and operating in Canada.

Why Choose the Start-Up Visa?

  • Direct pathway to permanent residency.

  • No minimum personal investment required.

  • Access to Canada’s innovation ecosystem and business support.

  • Family included in the application.

  • Open to a wide range of industries, especially technology and innovation sectors

Application Process:

  1. Develop an Innovative Business Idea: Prepare a strong business plan and pitch deck.

  2. Secure Support: Pitch your idea to a designated organization and obtain a Letter of Support.

  3. Prepare Application: Gather documents including business plan, ownership structure, language test results, proof of funds, and incorporation documents.

  4. Apply for PR: Submit your application for permanent residence through the Start-Up Visa Program.

  5. Work Permit (Optional): If you need to be in Canada sooner, apply for a work permit while your PR application is processed.

  6. Business Progress Reporting: Regularly update IRCC on your business progress to demonstrate commitment and viability

Frequently Asked Question

The Start-Up Visa offers a direct pathway to permanent residence for innovative entrepreneurs, does not require a minimum personal investment, and allows you to settle anywhere in Canada (except Quebec). It also supports up to five co-founders per business.

A designated organization is a Canadian venture capital fund, angel investor group, or business incubator approved by IRCC. You must pitch your business idea and secure a Letter of Support from at least one designated organization to be eligible.

Yes, you can apply for a temporary work permit based on your Letter of Support, allowing you to come to Canada and start building your business while your PR application is processed.

You must demonstrate proficiency in either English or French at a minimum of Canadian Language Benchmark (CLB) level 5 in speaking, reading, listening, and writing.

Yes, your spouse or common-law partner and dependent children can be included in your application and obtain permanent resident status with you.