Start-Up Visa

The Start-Up Visa enables foreign entrepreneurs to establish businesses in Canada and obtain permanent residency (PR). It provides a straightforward path to PR for those with passion to create businesses in Canada. These businesses should be:
• Innovative
• Capable of generating jobs for Canadians
• Positioned to compete globally

Settle anywhere in Canada: Start-Up visa made simple

As an applicant, you can settle anywhere in Canada (except Quebec) and obtain a work permit while awaiting permanent residency. There are no specific investment, revenue, or profit requirements for your business. Instead, you need to actively manage your business and ensure that a significant part of its operations occurs within Canada.

Priority Processing cuts wait times

Although the IRCC website states a 40-month processing time for the Start-Up Visa as of November 2024, recent cases have been approved in as little as 16-22 months due to improved processing and reduced backlogs from earlier paper-based applications. Contact us to learn more about the "priority processing" option.

Steps to permanent residency

To qualify, entrepreneurs must secure a Letter of Support from a Canadian business incubator, demonstrate proficiency in English (at level 5 on the Canadian Language Benchmark), and show sufficient funds to settle in Canada and support their family members during the initial 12 months. Once the Canadian federal government confirms that these conditions are met, the entrepreneur, their spouse, and dependent children under 22 years old will be granted Permanent Residencies.

3-year Open Work Permit boosts SUV flexibility

As of October 3, 2024, Start-Up Visa (SUV) applicants can now apply for a 3-year open work permit. This permit offers more flexibility than the previous employer-specific permit. Entrepreneurs can now work for any employer in Canada while developing their business. Spouses can also apply for open work permits, and dependent children have access to study permits.

FAQs

● No, eligibility typically depends on when the offense was committed. Offenses that occurred over 5 years ago may still be considered for application.

● The 5-year period is counted from the end of the sentence. In cases of imprisonment, this period begins upon release. For traffic violations that result in license suspension, the period starts when the license is reinstated. In situations where a fine was levied, the period starts once the fine is completely paid.

● The severity of the offense is also a key consideration. It's important to thoroughly understand the nature of the offense committed by the applicant and to compare it with the standards set forth in the Canadian Criminal Code to determine its severity.

Contact

Hoga Immigration Consulting Inc.

Toronto Office

2209-155 Beecroft Road,

Toronto, ON M2N 7C6

Email: info@hogavisa.com

Tel: +1 (437) 985-1903

Hoga Consulting (Hong Kong) Ltd.

Unit B, 10/F, Dragon Industrial Bldg,

93 King Lam Street, Lai Chi Kok

Kowloon, Hong Kong

Email: info@hogavisa.com

Tel: +852 6513 3680

Start-Up Visa

FAQs

What types of businesses are eligible for an SUV program?

How much money do you need to prove?

How many people can apply for an SUV?

In the SUV application, there are essential members and non-essential members. What is the difference?

Does a Criminal Record Disqualify One from SUV Application?

What is an FAQ section?

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