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What is it?

Federal Start-up Visa Program was developed for immigrant entrepreneurs to help them create and grow business in Canada. Such business has an innovative idea at its base, is able to create jobs in Canada and compete on an international level.
There are certain requirements for candidates who wish to apply via this program. Candidate must have a qualifying business, obtain a letter of support form a designated organization, and fulfill language and financial requirements. No more than five foreign candidates may apply for permanent residence as part of the same business project under the Start-Up Visa Program.

Start-up support

There is a list of designated organizations approved by the Immigration, Refugees and Citizenship Canada (IRCC) that support or invest in prospective start-ups. Successful applicants must secure financing for their business start-up from one of these organizations. Venture capital funds may invest a minimum of $200000, Angel Investor Groups can make investment of a minimum of $75000. Likewise, candidates can obtain a letter or support from so called Business Incubators which does not require financing but acceptance into a Canadian business incubator program.
If a Canadian start-up will not have success, the applicant’s permanent resident status granted via this program is retained.

Language Requirements:

Candidate must meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in all of these four modules:

  • speaking
  • reading
  • listening
  • writing

Financial Requirements:

Applicants must present proof that they have sufficient funds to support themselves and dependent family members after arriving to Canada.

Number of
family members Funds required
(in Canadian dollars)

Number of
family members
Funds required
(in Canadian dollars)
1 $12,960
2 $16,135
3 $19,836
4 $24,083
5 $27,315
6 $30,806
7 $34,299
For each additional family member $3,492

For more information please visit Start-up Visa.