IMMIGRATE TO CANADA WITH A START-UP VISA

Start up Visa – The current leading Canadian immigration program with a high success rate for entrepreneurs who want to live and work in Canada.

START-UP VISA

What is the Start-up Visa (SUV) program?

Startup Canada Visa (SUV) is a startup investment immigration program launched by Immigration Canada in April 2013 with a pilot period of 5 years. By 2018, the Start-up Visa became an official and permanent immigration program.

Currently, Canada’s Start-Up Visa is the only federal immigration program that possesses many outstanding advantages:

Flexible conditions

Fast processing time for Start-up Visa application

High success rate

Acquire Permanent Resident Card for the whole family

The purpose of Canada's Startup Visa program

The SUV program aims to attract foreign entrepreneurs with the skills and potential to build businesses in Canada under the following criteria:

Innovative and breakthrough business ideas

Contribute to economic development in Canada

Can create jobs for Canadians

Can compete on a global scale

Conditions of the Canada’s Start-up Visa program

To participate in the Canadian startup immigration program, applicants must meet the following conditions:
  • Education
    Bachelor’s Degree
  • Foreign language
    English minimum IELTS General 5.0, French minimum level CLB 5
  • Experience

    Professionals in management, especially business owners, marketing staff, IT, technology…

  • Start-up projects
    Projects with innovative and breakthrough ideas (one project can have 1-5 applicants)
  • Approved by designated organizations
    Have a Letter of Support from a designated organization by Immigration, Refugees and Citizenship Canada (IRCC)
  • Personal checks
    Good health and No criminal record

The application process at Le Immigration Group

01

REVIEW OF START-UP VISA APPLICATION

Applicants send their CV to Le Immigration Group to have their application assessed for the Startup Canada immigration program by Licensed Immigration Practitioner.

02

EXECUTING A BUSINESS PLAN

Set up an innovative business idea to start a business

03

SUBMIT BUSINESS PLAN

Prepare and submit the application to the designated organizations to receive the Letter of Support

04

FEDERAL SUBMISSION

Le Immigration Group collects applicant’s information and documents to prepare for Startup Visa application.

05

GET PR

Apply for Permanent Residence to the Immigration, Refugees and Citizenship Canada (IRCC), and get PR

Reasons to choose the SUV program

No age limit

There is no age limit on the Canadian immigration program under the startup category. Therefore, the applicant can participate regardless of age, as long as the relevant conditions are met.

Fast reviewing time

Start-up Visa is considered as the fastest Canadian immigration program today. Clients can get permanent residency after only 12-16 months.

No need to prove the origin of assets

Immigrating to Canada through the Startup Canada Visa program, the applicant does not need to prove the origin of assets and finance.

Acquire Permanent Resident Cards for the whole family

With the SUV program, applicants are allowed to apply for permanent residence cards for the whole family as soon as they arrive in Canada.

Keep dual citizenship and live, work anywhere in Canada

Applicants are entitled to apply for Canadian citizenship and hold dual citizenship. In addition, the Applicant can live in any province in the whole territory of Canada, and is free to open a company or business.

Startup Visa cost is affordable for financial capacity

With a reasonable investment, the startup program is affordable for the financial conditions of the applicant.

Get comprehensive benefits

Children enjoy a world-class education, free education up to high school, reducing the cost of going to college. The family shall enjoy benefits, health insurance like Canadian locals.

Citizenship after 3 years

Participating in the Start-up Visa Canada program, the applicant will have the opportunity to become a Canadian citizen after 3 years.

Strengths of Le Immigration Group

20 Years+ of Experience

Le Immigration Group has more than 20 years of experience in the Canadian Immigration and Citizenship Law, specializing in consulting and supporting Canadian immigration for startups. We have a team of legal consultants with extensive knowledge of Immigration Law and Citizenship.

Professional consulting team

Le Immigration Group is one of the few Canadian immigration consulting firms through the Start-up Visa program that has an immigration practitioner who is a member of the CICC (College of Immigration and Citizenship Consultants). We have the right to represent clients in dealing with the Immigration, Refugees and Citizenship Canada (IRCC)

In partnership with YEDI Business Incubator

Le Immigration Group is currently a strategic partner of Canada’s Business Incubator – YEDI (York Entrepreneurship Development Institute), designated by the Government of Canada for the Start-up Visa program.

Multinational system

Le Immigration Group has its head office located in Toronto (Canada), and a representative office in Ho Chi Minh City, convenient for consulting and supporting issues related to the Start up Visa program.

High success rate with Le Immigration Group

With experience, ability to process documents, understand the differences of each customer’s profile, as well as being authorized by the Government of Canada to represent before the court and authorities, Le Immigration Group commits to achieving the highest rate of success for clients.

Professional workflow

Le Immigration Group will directly process the application for the Startup Visa Canada program with Immigration Canada. At the same time, we also work with the YEDI Foundation to protect the Applicant’s interests, and ensure the Startup Visa application process.

Support to set up a start-up company

Joining the SUV program at Le Immigration Group, the applicant will have the support of setting up a start-up company, and a first year report of business activities of the startup project to Immigration Canada.

Settlement Support

Le Immigration Group supports settling down for the whole family when they arrive in Canada (within the permitted capacity), including: real estate investment and sales, administrative paperwork and benefits for each family member.

12 frequently asked questions about Start-up Visa – Entrepreneur Start-up

If an entrepreneur has a viable start-up business, it will take about 4-6 months to get a Letter of Support from a designated Investment Fund. After receiving a letter of support, the entrepreneur can apply for permanent residence (PR). The PR process will take about 12-18 months to complete.

Start-Up Visa does not require proof of investment, but only needs to prove that you have enough financial capacity to support the whole family for the first year when coming to Canada. The amount will be based on the number of members included and ranges from $12,000 to $25,000.

Applicants can refer to the following table:

Number of members in the family Requested Amount ($CAD)
1$12,960
2$16,135
3$19,836
4$24,083
5$27,315
6$30,806
7$34,299
Add a member $3,492

To join the Canadian Start-up Visa program, candidates need to have a start-up project based on the following criteria:

  • Creativity: The business idea must fill an unmet need in the market. It must provide a solution to a problem by creating a new or significantly improved product or process in the market.
  • Job Creation: The business idea must have the potential to create jobs for Canadians.
  • Scalable: The business idea must have the potential to compete on a global scale.

As for the novelty, the Government of Canada will give priority to the approval of start-up projects related to the technology industry that is considered a spearhead of economic development. Corresponds to the industries listed below:

  • Advanced manufacturing or engineering  
  • Energy 
  • Internet.
  • Big data analytics 
  • Software development  
  • Artificial intelligence  
  • Robotics 
  • Life sciences 
  • Financial technology  
  • Clean technology  
  • Healthcare  
  • Health technology  
  • Biotechnology 
  • Environmental technology

The Investment Fund will be an organization designated by the Government of Canada to support capital contribution and help candidates establish a Business in Canada. It can be said that the success of a Start-up Visa depends a lot on the approval of an Investment Fund.

There are three types of designated organizationsthat support startups in Canada:

  • Angel investor: need to invest at least 75,000 CAD in the Startup project;
  • Venture capital fund: need to invest at least 200,000 CAD in the Startup project;
  • Business incubator: need to confirm the approval of the start-up project (no capital required to invest in the project).

Applicants can refer to the list of Investment Funds at the Government Website.

As mentioned above: There are 3 types of designated organizations approved by the government for the Start-up Visa program. Applicants can refer to the list of Investment Funds at the Government Website.

There are three types of designated organizationsthat support startups in Canada:

  • Angel investor 
  • Venture capital fund 
  • Business incubator

Comparing between 3 types of investment funds, Business incubator is the only type that does not require capital investment in startup projects. This will facilitate the process of acquiring Letter Of Support and the Interview. 

Currently, Le Immigration is the exclusive partner of YEDI Investment Fund , supporting customers to immigrate to Canada with Start-up Visa. YEDI is a Business Incubator and a government designated organization for the SUV program. Le Immigration works closely with YEDI to assist candidates in effectively implementing and consolidating their business ideas.

According to Canadian regulations, the Start-up Visa allows up to 5 applicants to participate in a startup project.

However, Le Immigration only selects a maximum of 3 applicants to ensure consensus and shorten the application review time. Applicants in a typical project will have experience and skills in many different fields to coordinate and strengthen the human resources for a startup project.

Usually, when there is no idea to start a business, candidates will seek cooperation with an immigration consulting company. These companies will support the implementation of business ideas and make Canadian immigration documents in accordance with the provisions of Canadian law.

In addition, these companies often work closely with Investment Funds designated by the Government to help increase the rate of receiving Letters of Support from these organizations. Startup projects shall be refined and approved with the Investment Fund to ensure the feasibility and safety of the project.

Usually, when there is no idea to start a business, candidates will seek cooperation with an immigration consulting company. These companies will support the implementation of business ideas and make Canadian immigration documents in accordance with the provisions of Canadian law.

In addition, these companies often work closely with Investment Funds designated by the Government to help increase the rate of receiving Letters of Support from these organizations. Startup projects shall be refined and approved with the Investment Fund to ensure the feasibility and safety of the project.

Short Answer: No

The Government of Canada confirms that after the applicant and his family get their permanent resident card, the business performance of the business does not affect the permanent residence status of the whole family. Because the Start Up Visa is designed according to the risk sharing model between the public and private sectors.

As long as there is a viable project with growth potential, as long as it creates jobs for Canadians and makes a small contribution to economic recovery, then you will definitely have a chance to get a PR card. Permanent residency will certainly not be affected by the success or failure of the project.

It is important for the Start-up Visa, that the Applicant must receive the approval of the Government Designated Investment Fund. This is quite difficult for applicants from Vietnam due to differences and disagreements in many aspects: language, culture, business environment…

Furthermore, the Start-up settlement application has a rather complicated process, requiring careful preparation in all aspects. Owning a Start-up Visa is not just a viable start-up project, but it also entails many procedures, documents and certain knowledge related to Canadian Immigration to promptly meet the requirements of the Investment Fund, and the Ministry of Immigration.

Therefore, start-up candidates will often cooperate with licensed immigration consultants in Canada. These units have the authority to check and evaluate the eligibility of a Start-up application, and are the bridge between the candidate and the Government of Canada, helping to increase the high success rate of the application.

Candidates should research carefully before cooperating with a representative third party to handle Start-up Visa applications. Canada’s current immigration law strictly stipulates: “…Only individuals who are licensed by the Government of Canada to act as legal immigration consultants (referred to as ICCRC) are entitled to provide immigration counselling services regarding study abroad, travel, and visa applications to Canada…”

Therefore, when researching or researching immigration consulting companies, the first thing to do is to ask the company for their ICCRC registration code. You can look up this code directly on the ICCRC website.

Le Immigration provides a complete consulting service on Canada’s Start-up Visa (SUV) for global entrepreneurs wishing to live and work in Canada. We have the legal right to represent the client’s case, and handle the Startup visa application process on behalf of the client from the very beginning until the client becomes a Canadian, and holds a Canadian passport.

Currently, Le Immigration has supported more than 50 SUV applications from around the world, and 30 which are from Vietnam with the exclusive support of Canada’s largest business incubator, YEDI.

With a team of experienced lawyers and leading experts in business, technology and innovation, Le Immigration is committed to helping you complete your startup project, and get PR for the whole family.

  • Support entrepreneurs to implement Start-up projects, and perfect ideas to convince investors;
  • Training in necessary skills such as presentation and business management;
  • Cooperating with YEDI Investment Fund to successfully raise capital, and operate businesses in Canada;
  • The profile processing lawyer is an ICCRC member, helping to process the application quickly and accurately;
  • Support for settling down in Canada for the whole family.
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