Start Up Visa

The Start-up Visa Program allows you to immigrate to Canada as an entrepreneur with skills and potential to build businesses in Canada that can contribute to the economy by creating jobs for Canadians, while being innovative and competitive on a global scale. This is one of the most lucrative visa programs, albeit the most competitive, that allows you to bring 5 families with 5 principal applicants with 10% share each at minimum.

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Start Up Visa explained

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Our Registered Canadian Immigration Consultants (RCICs) can help you with your immigration process:
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What is the eligibility criteria for Start Up Visa?

The program requires the applicant to attach a Letter of Support from a designated angel investor or venture capital fund or a business incubator. The designated organization sends a commitment certificate directly to CICC.

A minimum language requirement of CLB 5 or NCLC 5 in English or French, respectively, needs top be met with sufficient settlement funds.

 Along with the designated organization, up to 5 applicants can jointly own more than 50% voting rights, with 10% each at minimum. However, if an applicant is rejected, then all other applicants stand rejected as well.

Sufficient proof of funds is necessary as the government of Canada does not provide any financial support.

Frequently Asked Questions About Start Up Visa

  • Do I need a job offer for Federal Skill Worker Program?

    No. Job offer is not required for federal skill worker program. However, you get extra points if you do have an offer.

  • The CRS requirement is too high. Is there a way I can qualify with a lower score?

    Yes. There are other streams available that you can consider based on your unique circumstances. Set up a free consultation with us and we can discuss.

  • What is the difference between Federal Skill Worker Program (FSW) and Canadian Experience Class (CEC)?

    If you have minimum 1 year experience outside Canada you may apply for FSW, whereas, for CEC you need 1 year Canadian experience.

  • What is the minimum CRS score for FSW?

    FSW is a point-based program and minimum required score is 67.

  • How long does it take to get PR for FSW?

    According to historical stats, around 80% of the applications are processed within 6 months.

  • What is the difference between FSW and Express Entry?

    FSW program assesses applicant's eligibility using a points-based system whereas Express Entry relies on CRS.

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