- Entrepreneurs coming to Canada should have enough money to support themselves and their family till they have a regular income from their business. There are specific fund requirements based on the number of family members.
If an entrepreneur meets these requirements, then he or she can apply for the Visa.
Application process
The application form needs to be downloaded and filled. After online validation of the form, it can be printed. The sign and date needs to be put on the form.
The processing fee for the application needs to be submitted separately for each family member. This can be paid online. All the documents must be submitted to the Centralized Intake Office in Sydney, Nova Scotia, Canada through mail.
It takes about six months for the application to get processed and approved. If the application is approved, then the preparation for moving to Canada can be started.
Advantages of the Start-Up Visa Program
- An entrepreneur can become a permanent resident of Canada
- He or she can work in a business friendly environment of low tax rates, low costs of starting a business and enjoy a high quality of life.
- The designated organization can provide advice and professional help in setting up the business.
- High returns can be gained as the chances of the success of the business are high.
Till date 117 entrepreneurs have been given Start-Up Visas. There is a huge scope for many more such entrepreneurs to establish their business in Canada.
