Designated business incubators
The Canada Start-Up Visa is a program which allows entrepreneurs to build a business as well as acquire permanent residence in Canada.
Applicants interested in obtaining permanent residence in Canada via the Canada Start-Up Visa program must comply with the following guidelines:
1. The following documents must be sent to Invest-Visa.com :
- The applicant’s CV or Resume
- The applicant’s business opportunity plan (outlined as two pages)
- The applicant’s entrepreneurial interests (summarized as one page)
Applicants must undertake a Due Diligence examination if he/she decides to move an existing business or company to Canada
After assessing applications, potential applicants will be contacted by Invest-Visa.com
to arrange a telephone consultation.
Once the applicant has carried out a telephone consultation, Invest-Visa.com
will arrange a telephone consultation session with a Business Incubator in Canada
to develop strategy planning.
The applicant may be required to visit Canada during this process if a personal meeting should be carried out with the Business Incubator
Once the business plan has been checked, completed and verified, the Canadian Business Incubator
will provide the applicant with:
- Escrow Account Agreement
- Letter of Acceptance
- Term Sheet
The applicant must then sign the agreements and deliver the Business Incubation fees into the Escrow Account which will remain in the account and repaid to the applicant in the event that his/her visa application is rejected.
The Canadian Business Incubator
will then provide the applicant with:
- A Commitment Certificate
- Work Permit Support Letter to Citizenship & Immigration Canada
prepares and submits the applicant’s Work Permit application.
The Work Permit is issued in approximately 7 to 10 business days.
Once the Work Permit is issued, Invest-Visa.com prepares the applicant’s Permanent Residence
application, in which the applicant must provide:
- Letter of Acceptance (Canadian Business Incubator program)
- IELTS General Certificate
- Medical clearances
- Police clearances
- Employment references (where applicable)
- All education documents and transcripts
- Proof of funds for supporting the applicant and additional family members
prepares and submits the applicant’s Permanent Residence
While the Permanent Residence
application is being processed, the applicant is required to move to Canada
; establish and develop his/her venture; and organize his/her residency in the Canadian Business Incubator
The Permanent Residence
is issued in approximately 6 months as of submission date.
For more information on the Canada Start-Up Visa program, please click here