Canada is one of the most preferred the countries in the world for immigration, offering a high quality of life as well as a competitive employment market for professionals. If you are looking to move to Canada permanently, this is useful information you may help you to start your journey.
Canada’s Start-Up Visa Program
Canada’s Start-Up Visa Program (“Start- Up Visa”) is becoming a widely popular program for Permanent Residency in Canada. Focusing on entrepreneurs seeking to start innovative businesses, the Start-Up Visa offers a direct path to Permanent Residency. It’s not like some business programs, where temporary visas are issued. With this program, the visa is permanent and irrevocable for the whole family. This is the only visa program in Canada which offers an expedited pathway to permanent residency regardless of your education.
Who is a Designated Organization?
The new start-up business must receive substantive support from a private domestic Canadian investment company, known as a Designated Organization. Designated Organizations are all registered with Immigration, Citizenship and Refugees Canada (IRCC) to sponsor Start-Up Visas. IRCC recognizes 3 types of Designated Organizations:
Angel Investor Groups,
which are private companies that will agree to invest at least $75,000 in the start-up corporation in exchange for minority equity ownership of the start-up corporation.
Venture Capital Funds, which are private companies that will agree to invest at least $200,000 in the start-up corporation in exchange for minority equity ownership of the start- up corporation.
Business incubators,
which are usually associated with a Canadian university and will evaluate the business project of the start-up company for acceptance into a business incubator programs that will offer office space, training and guidance to launch the business.
Immigration authorized consultants, will help you providing detailed assistance to you through every step of your application. From acquiring the proper documents and application forms to submitting them to the relevant authorities and fulfilling all other requirements.
Student Visa
Those who want to study in Canada can do so by obtaining a study permit at any of the approved educational institutions across the country. In cases where the chosen course has a duration of less than 6 months, applicants are exempted from having to acquire a study permit.
Canada Processing Study Permits For International Students At Record Pace
Immigration officials in Canada are processing study permits for international students at a record pace with almost 360,000 of these applications completed this year as of the end of July.
That’s up 18.4 per cent over the roughly 304,000 completed during the comparable period last year which was itself a record-breaking year.
International students using the SDS, which was first launched in 2018, are supposed to get their applications processed within 20 days and must provide their biometrics as soon as possible.
