By
Vince Lalonde

Top Five Attributes of Canada’s Start-Up VISA Program

February 7, 2019

The Start-Up Visa Program provides entrepreneurs with permanent residency and a connection to business partners. It enables immigrant entrepreneurs to launch innovative businesses that will create jobs in Canada and, eventually, to compete globally. The Program also links these entrepreneurs with private sector groups in their new country who have experience working with start-ups and who can serve as an essential resource and champion for their success.

 

These are the top five best attributes of Canada’s Start-Up Visa Program:

 

  1. The program supports innovative business.The Program encourages the establishment of innovative businesses in Canada that can create jobs and compete on a global scale, benefitting the Canadian economy.
  2. No investment requirement.Unlike other Canadian business immigration programs, applicants under the Start-Up Visa Program do not need to invest any of their own funds into their Canadian business. Funding can come from a Canadian venture capital fund, Angel Investor, or business incubator.
  3. No net worth requirement.Many applicants are unable to immigrate to Canada because they cannot explain where their money came from. With no investment requirement, the Start-Up Visa does not require applicants to substantiate their assets or source of funds.
  4. No management experience requirement. Most other programs only accept applicants with business ownership or management experience. This Program only requires applicants to have an innovative business idea that can garner support from a designated Canadian investor.
  5. Processing times are fast.Applicants can receive permanent residence in a little over a year, much faster than any other business program.

 

For more information on whether you qualify for the Start-Up Visa Program contact us today.

 

Vince Lalonde leads the global investor immigration Practice at Pace Law. He advises financial institutions, government bodies and developers on the legality, viability and marketability of their investor immigration projects and programs. He was instrumental in opening up the Chinese market for several successful immigration products, including PEI PNP, Saskatchewan PNP, Singapore Investor, UK Tier 1 Investor, St. Kitts Citizenship, and Dominica Citizenship by investment programs. Vince advises international investors seeing citizenship or permanent residence abroad on the most suitable investment option to help them achieve

Share This Post
Email
Facebook
LinkedIn
Twitter
Trending Posts
Read More Insights
Events
By
Pace Law
Pace Law Firm is always looking to expand our business and elevate it to the next level. On Thursday November 24th, Pace Law Firm attended the Canadian Mortgage Summit (CMS) to hear from the industry’s top mortgage brokers, lenders and solution providers.
Firm News
By
Pace Law
We are proud to announce that Pace Law has become a multi-service firm and is launching a new website to accommodate our growth in different areas of law!
Events
By
Pace Law
The National Day for Truth and Reconciliation takes place on September 30th for the second consecutive year. Each year, September 30th marks both Orange Shirt Day and National Day for Truth and Reconciliation.
Real Estate Law
By
Pace Law
In key Canadian cities, the housing inventory may reach a crisis stage, according to a recent analysis from RE/MAX Canada. The analysis confirms that governments must take quick action to address the critically low supply of available homes.
Personal Injury
By
Pace Law
As the winter months get closer, it is critical to plan ahead and take precautions as needed to reduce the likelihood of mishaps. Nearly 30% of all motor vehicle incidents, according to recent RCMP data, happened on slick, snowy, or icy roadways.
Real Estate Law
By
Pace Law
Two weeks after the provincial administration submitted Bill 109, the More Homes for Everyone Act, 2022, on March 30, 2022, it obtained royal assent on April 14. The last step needed for a legislative measure to become law is royal assent.

Get in Touch

Call us now or fill out the form to discuss your case with an experienced legal professional.

Our Locations

Office Location

191 The West Mall, Suite 1100
Toronto, ON M9C 5K8
Phone: 1-877-236-3060
Fax: 416-236-1809

Office Location

191 The West Mall, Suite 1100
Toronto, ON M9C 5K8
Phone: 1-877-236-3060
Fax: 416-236-1809

Scroll to Top