Canada Start-Up Visa offers residence opportunities through investment in innovative start-ups. Investing in a Canadian SUV gives entrepreneurs flexibility and freedom.
2013
Canada Program Started
C$275,000
Minimum Requirement
24-30
Application Period Lasting Months
Canada is home to one of the best performing economies in the world. So, naturally, it is an extremely attractive market to start a business.
The Canada Start-Up Visa (SUV) Program connects entrepreneurs with Canadian Government Designated Organizations (DOs) to design an innovative start-up venture.
Benefits of Canada Start-up Visa
Enroll in an Affordable Program
The Canadian Start-Up Visa (SUV) Program costs much less than the former Quebec Immigrant Investor Program. Faster processing times allow you to settle in Canada faster.
Follow the Path to Canadian Citizenship
You can apply to become Canadian citizens if you and your family have lived in Canada for three years within the previous five-year period, speak English and/or French, and have no criminal record.
Access to Free Universal Healthcare
In Canada, taxes paid by citizens and Permanent Residents fund the public healthcare system.
Benefit from Rich Natural Resources
Canada has the world's second largest oil reserves and fourth largest freshwater resource.
Who Can Get Residence in Canada?
Investor
Spouse
children
Talk to a global expert
Contact Us
Discover team in more than 20 countries
has global experts. We can provide consultancy in 14 languages. Let us help you find the perfect investment migration solution.
Center Office
-
UNIQ İstanbul Maslak Ayazağa
Cd. No:4, 34485 Sarıyer/İstanbul -
-
Program Requirements
To qualify for the Canada Start-Up Visa (SUV) Program, you must meet ONE of the following investment options AND other requirements:
OPTION 1. INVEST IN A VENTURE CAPITAL FUND
Invest C$325,000 in a Canadian Venture Capital Fund. This investment package includes a 10% stake in a new Canadian start-up and additional investments in other start-ups. It also covers initial due diligence, onboarding, corporate legal, professional, consulting, membership and incubation fees.
OPTION 2. BECOME AN ACCREDITED INVESTOR
Invest C$275,000 in an Angel Investor Group. This investment package offers a 10% stake in a new Canadian start-up and additional investments in other start-ups. It also includes initial due diligence, onboarding, corporate legal, professional, consulting, membership and incubation fees.
OPTION 3. INVEST IN A GROUP OF ANGEL INVESTORS
Invest C$275,000 in an Angel Investor Group. The package consists of a 10% stake in a new Canadian start-up and additional investments in other start-ups. It also covers initial due diligence, onboarding, corporate legal, professional, consulting, membership and incubation fees.
OTHER REQUIREMENTS AND BENEFITS
As a Canadian SUV Program applicant, you must:
Demonstrate fluency in English or French according to Canadian Language Benchmark (CLB) 5. Bring enough money for the deal. If you're moving to Canada alone, you should have C$13,310 in disposable funds. This figure rises to C$24,733 for a family of four. If you want to start a family, Canada is one of the safest countries to do so.
Talk to a global expert
The Discover team has global experts in more than 20 countries.
We can provide consultancy in 14 languages. Let us help you find the perfect investment migration solution.
Application Process
Client onboarding process and application filing
We start our process with Form 1. After a successful screening, we provide you with a Customer Agreement (CA) for you to review and sign.
After receiving the signed contract and advance payment, our legal team will help you complete the client business concept requirements. The Canadian Government Designated Organization (DO) will match you with the founder and two to three other applicants. This includes receiving a letter of support from an Angel Group.
You will need to pay off the primary investment. We will contact Immigration, Refugees and Citizenship Canada (IRCC) on your behalf.
You will receive assistance in preparing files and collecting documents. We will also help you pass medical and security verification.
Once you arrive in Canada, you will receive a Permanent Resident (PR) card and complete the agreement and initial payment. The Designated Organization (DO) will match you with the founder and two to three other applicants. You will need to pay off the primary investment.
After receiving the signed contract and advance payment, our legal team will help you complete the client business concept requirements. The Canadian Government Designated Organization (DO) will match you with the founder and two to three other applicants. This includes receiving a letter of support from an Angel Group.
You will need to pay off the primary investment. We will contact Immigration, Refugees and Citizenship Canada (IRCC) on your behalf.
You will receive assistance in preparing files and collecting documents. We will also help you pass medical and security verification.
Once you arrive in Canada, you will receive a Permanent Resident (PR) card and complete the agreement and initial payment. The Designated Organization (DO) will match you with the founder and two to three other applicants. You will need to pay off the primary investment.
Maintain your PR status under SUV
As a Permanent Resident under the Canada Start-Up Visa Program, it is essential to maintain your status by residing in Canada for at least 730 days (two years) within a five-year period. Failure to do so may result in the loss of your PR status and may affect your ability to work, live and travel in Canada.
However, if you cannot meet the residency requirement due to work or family obligations, there are provisions and exceptions to maintain PR status. It is recommended that you carefully plan your stay in Canada to ensure you retain your PR status and seek professional advice if you need assistance with the requirements of the Canadian immigration system. In this way, you can benefit from the advantages of having a Permanent Residency in Canada and continue to pursue your entrepreneurial goals with peace of mind.
However, if you cannot meet the residency requirement due to work or family obligations, there are provisions and exceptions to maintain PR status. It is recommended that you carefully plan your stay in Canada to ensure you retain your PR status and seek professional advice if you need assistance with the requirements of the Canadian immigration system. In this way, you can benefit from the advantages of having a Permanent Residency in Canada and continue to pursue your entrepreneurial goals with peace of mind.
Access to a pathway to citizenship
You and your family members may qualify for Canadian citizenship under the Canadian Start-Up Visa Program if you meet certain conditions. These are: having resided in Canada for at least three of the previous five years (1,095 days) and having a clean criminal record.
The Government of Canada provides a clear and understandable process for eligible applicants, making it an attractive opportunity for those looking to make a permanent home in Canada.
The Government of Canada provides a clear and understandable process for eligible applicants, making it an attractive opportunity for those looking to make a permanent home in Canada.
Frequently Asked Questions
How Long is the Processing Time for a Canadian Start-Up Visa?
Authorities typically process applications for the Canada Start-Up Visa (SUV) Program within 24 to 30 months.
What is the Cost of a Start-Up Visa in Canada?
The cheapest option is C$275,000.
What Taxes Do Canadian Residents Pay?
Taxation in Canada is relatively simple.
The Government of Canada taxes its residents on their worldwide income at the federal and provincial levels.
Non-residents are taxed on Canadian source income and gains from the disposal of taxable Canadian property.
If you reside in Canada or normally reside in the country, you are classified as a Canadian resident. If you are a non-resident, you are considered a resident if you spend at least 183 days in Canada in a calendar year.
Officials set state income tax rates individually and then add them to the federal rates. They charge capital gains tax, but with a deduction of 50 percent of the capital gain, less allowable capital losses.
The Discover in the Global World
