You and your family will be able to apply to become Canadian citizens if you live in Canada for three years within the preceding five-year period, proficient in English and/or French, and have no criminal record.
CANADA FEDERAL START-UP VISA
2013
Residency Programme Launched
215,000 CAD
Minimum Requirement
12-18
Months Processing Time
Overview
Canadian Residency by Investment - Start Up Visa
The Canadian Residency by Investment Program is aimed at providing permanent residence to entrepreneurs and investors in companies and expanding businesses that seek to establish a presence in Canada.
Unlike other immigration paths, Canada authorizes Permanent Residency (PR) from day one. PR is not tied to the success of the business, subject to your investment decision, you won’t be required to perform the day-to-day operations.
Investors are also required to:
- Have English or French language proficiency at the CLB/IELTS 5 level however, there are circumstances where this can be exempted.
- Be in good health
- Have no criminal record
Benefits of Residency by Investment in Canada
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High standard of living
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Affordable, high-quality education and healthcare
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Free Universal Healthcare
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Family included in the application
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Multicultural, tolerant and vibrant cities
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Excellent place to do business with access to the entire North American market
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Minimal application requirements with no age restriction, no net worth and no higher education needed.
Letter of Support:
This is a condition requisite for a successful application.
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A crucial document required for the application for permanent residency and a work permit, the letter of support is provided within a Commitment Certificate sent directly to IRCC by the designated organization, such as a business incubator, venture capital fund, or angel investor group.
Innovative Business
Business should show that it is innovative and can create employment in Canada
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Innovative business:
The SUV applicant must intend to develop an innovative business from within Canada and establish that it is scalable globally. Evidence of progress in the development of the business from within Canada will be required before the issuance of the permanent residency visa.
Option 1
Our Services
Our immigration consulting services encompassing the Canadian Start-Up Visa (SUV) program include:
- Profile Qualification: We analyze candidates' profiles and gather due diligence documentation to verify their eligibility for the SUV program.
- Corporate Support: We assist with Canadian company setup, share allocation, and shareholders' agreement, and provide account management support.
- Intellectual Property: We assess candidates' profiles and due diligence documents to ensure they meet the requirements of the SUV program.
- Product Development: We support SUV applicants in prototyping and testing their products within Canada.
- Immigration: We represent clients through Canadian lawyers before immigration authorities in Canada.
Option 3
Permanent Residency Status
Permanent Residency Status
Maintaining your PR status under the SUV program is crucial:
As a Permanent Resident under the Canadian Start-Up Visa Program, it's vital to reside in Canada for a minimum of 730 days (two years) within a five-year period to maintain your PR status. Failure to meet this requirement may lead to losing your PR status and affecting your ability to work, live, and travel in Canada. However, there are provisions for maintaining PR status in cases of work or family obligations.
To ensure the maintenance of your PR status, careful planning of your stay in Canada is recommended. Seeking professional advice to navigate the Canadian immigration system's requirements can help you continue enjoying the benefits of being a Permanent Resident and pursue your entrepreneurial goals confidently.
Medicals and police clearance certificate
Applicant would take a mandatory Medical tests at a dedicated Canadian chosen laboratory or hospital.
Also a police character clearance certificate shall be required.
All requirements are mandatory
Requirements to successfully apply for a Canadian SUV-VISA
Letter of support, proof of funds , language innovative business idea.
- Have a qualifying business: You must hold at least 10% of the voting rights attached to all shares of the company.
- Have a letter of support from a designated organization:
- Meet the language requirements:
- Proof of funds:
Timeline of Events
12 - 18 MONTHS
12-18 Months
12-18 Months
The Canadian SUV- Start Up Visa usually takes between 12-18 months for residency to be issued.
Accessing Citizenship
Accessing Citizenship
After 36 months, you can access a pathway to Canadian citizenship:
Under the Canadian Start-Up Visa Program, you and your family members become eligible for Canadian citizenship by residing in Canada for at least three out of the previous five years (1,095 days) and maintaining a clean criminal record.
The Canadian Government provides a straightforward process to citizenship for eligible applicants, making the Canadian SUV an appealing opportunity for establishing a permanent home in Canada.
FIND OUT MORE:
Contact us to know more about how to obtain Canadian Permanent Residency through the Stat-Up-Visa and our team of experts will contact you within 24hrs.
Contact with us
Contact Hetdynamic Ltd for Visa & Immigration
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No 3 Akpoguma Street, Surulere Lagos
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Request a Appointment
