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Canada Start-up Visa

Canada Start-up Visa

The Canada Start-up Visa is a specialized immigration program designed to attract innovative entrepreneurs with promising business ideas to establish and operate their startups in Canada. Here’s an overview of the Canada Start-up Visa program

Support for Startups:

Canada provides a supportive ecosystem for startups, including access to incubators, accelerators, and government programs designed to foster innovation and entrepreneurship.

The Canada Start-up Visa program offers a unique opportunity for international entrepreneurs to bring their innovative business ideas to Canada, contribute to the Canadian economy, and become permanent residents of the country. It’s essential to review the latest program requirements and guidelines on the official website of Immigration, Refugees, and Citizenship Canada (IRCC) or consult with an immigration professional when considering the Canada Start-up Visa program, as program details may change over time.

Successful applicants, along with their immediate family members, receive Canadian permanent residency. This means they can live, work, and study anywhere in Canada and have access to various social benefits.
To maintain their permanent residency status, individuals must meet residency requirements and continue to operate their qualifying business in Canada.
The proposed business venture must be a new and innovative startup with the potential to create jobs and drive economic growth in Canada
It should fall under one of the following categories: technology, food and beverage, natural resources, or any other innovative sector.

Applicants must own at least 10% of the voting rights in the startup, and no other single entity can own more than 50% of the voting rights.

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