Canada Start up visa for Entrepreneurs with young innovative ideas

by XIPHIAS IMMIGRATION migration executive

Canada’s Start-up Visa program provides an opportunity to all those innovators who would like to explore newer shores to put to action their business ideas. We at XIPHIAS provide all the required support for the innovator businessman to relocate to Canada through Canada Start-up VISA. Canada’s start-up Canada Start-up Visa leads to the innovator get his/her Permanent Residency in Canada. Canada Start-up VISA is for all those who have the potential to grow their business internationally. Canada’s business scenario provides great opportunities for growth and development. Canada provides the right kind of infrastructure required for a business to succeed.

For you to be eligible for Canada Start-up VISA you should be 18 years and above. You will have to have prior business experience and such an experience should be within 5 years prior to having applied for the program. Upto 5 business partners can apply for this program. However, each applicant should own a minimum of 10% of the business share. Together, the business share should total to 50%. Applicants need to obtain a “Letter of Support” from Designated Organizations. This is very important for the VISA to get through. Designated Organizations are either Angel investors or Venture Capital investors or Business incubators who are specially assigned to help new business entrants into Canada. If the designated organization is an Angel Investor, then the innovator will have to get a minimum investment of CAD $75,000 as initial investment for the business along with “Letter of Support”. If the designated organization is Venture Capital investors, then the innovator needs to obtain an investment of CAD $200,000 as initial investment along with “Letter of Support”. If the designated organization is Business Incubators, then there is no need for investment money, however, the innovator entrepreneur should be accepted into business incubator program. This is one of the best innovator visa programs to move to Canada.

However, all the innovator entrepreneurs will have to go through the process of achieving Canada Language Benchmark. XIPHIAS provides able guidance both offline and offline, for one to achieve the same. Along with this, the applicants will have to prove their economic stability through a bank balance proving that the applicant can support self and family during his/her stay in Canada without having to depend on the public funds. XIPHIAS being one of the best Immigration consultants provides all the support one would need to achieve this.

The whole of the process to procure Canada Start-up Visa could be 6 months to 8 months. The applicant along with providing proofs of his or her business experience and the test scores undertaken will also be submitting, his/her medical certificates proving physical and mental stability. The applicant will have to also provide police clearance certificate proving that he is free from any criminal activity. XIPHIAS Immigration being ICCRC registered agent, get all the necessary updates about the immigration process regularly. Due to we being registered agents, we also are trained by the Canada immigrations themselves to help us handle all of the immigration visa processes.

We at XIPHIAS Immigration have a good team of counselors who provide our clients the right direction to help them identify their requirement and act accordingly. That is to say, our clients get to understand all the pathways available for Canada immigration. For Canada Investment VISA program, it is important to know a good number of options in Canada and we at XIPHIAS have built great relations with a number of business houses in Canada who are also authorized designated organizations to help with any start-up of a company. To have a successful business, it’s the network that matters. And we provide you with the right network.