Start-up Visa Program
The Start-Up Business Class (also known as "Start-Up Visa Program") is designed to attract innovative and skilled foreign entrepreneurs to launch high-growth businesses in Canada (except Quebec) that
- can compete on a global scale.
- can create jobs for Canadians.
Do you have a brilliant and innovative technology related idea?
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+1 587-333-9300
Phone
+1 587-664-4221
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No networth requirements.
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No minimum investment requirements.
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No formal education requirements.
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No age requirements.
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Directly apply for the Permanent Residency.
Start-up Visa Highlights
Some of the highlights of the Start-up Visa Program that makes it unique.
The Start-up Visa Program is Federal Entrepreneur Program. Unlike the Provincial Entrepreneur programs, the requirements are not very stringent to qualify for this program. The program revolves around getting support for a developing or developed business idea that is innovative, scalable, creates jobs, and is globally competitive. This main requirement also makes it very challenging.
Word of caution
The Start-up Visa Program like any other immigration program involves risks and challenges. It is a complex process that involves multiple stages and various checks and balances. It is not an easy to come up with a working, brilliant, innovative business idea that can compete globally, and is viable, feasible, and scalable. Don’t fall prey to illegal immigration agents or third-party intermediaries that try to make the program look fancy and give false commitments.
Letter of support
It is a document of support required from a designated organization (a business group that has been approved to invest in or support possible start-ups)
Language ability
A minimum level of the Canadian Language Benchmark (CLB) 5 is required in either English or French in all four skillset areas i.e speaking, reading, listening & writing
Qualifying business
The creation of a business that meets the condition of individual voting rights (10% or more) AND total voting rights by the applicants and the designated organizations (more than 50%)
Settlement funds
Proof of settlement funds is required to show that applicants have enough money to support themselves in Canada. The funds required depends on the number of accompanying family members
Start-up Visa Requirements
There are four major requirements to be eligible for Start-up Visa Program.
At the time of receiving the permanent residency, the proof is to be provided of active and ongoing management of qualifying business from within Canada. The essential part of the operations of the business should happen in Canada.
View RequirementsStart-up Stages
Our firm practices exclusively in Canadian immigration services.
Stage
1
Letter of support from a Designated Organization
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Stage
2
Immigration process for Permanent Residency
Stage1: Letter of support from a designated organization
- Working on the business idea and brainstorming the viability, feasibility and scalability of it
- Creation of business plan and presentation
- Submitting the business pan to various Designated organization
- Initial incubation process may be included by Designated organization
- Getting the letter of support
Stage2: Filing for Permanent Residency after getting the letter of support
- Review, compile and prepare case file for PR Application
- Submission of File for Processing
- Preparation of WP file under A75 (if required)
- Post submission immigration process till P.R is received
- An incubation stage maybe is involved between submission of file and P.R approval depending upon Designated Organization
Start-up Visa Designated Organizations
The venture capital funds, business incubators and angel investor groups collectively known as "designated entities".
Designated entities play an integral role in the program as they assess entrepreneurs' business proposals; foreign entrepreneurs must have a letter of support from a designated entity to be eligible for Start-up Visa. These organizations may only fulfil this role if they have been designated by the Minister to do so.
Venture capital funds
One of the Venture Capital Fund groups must agree to invest a minimum of $200,000.
Angel investor groups
One or more Angel investor groups must agree to invest a minimum of $75,000.
Business incubators
Must get accepted in one of the Business Incubator programs.
Our Process
We have a multi-stage pre-assessment process before the business plan is submitted to the designated organization.
01
Pre-assessment and pre-preparation stage
This stage involves the eligibility assessment of each applicant. It also involves idea testing, SWOT, traction analysis, creation of the business plan.
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Designated organization stage
This stage involves the submission of the business plan to the designated organization for getting the letter of support. Each designated organization have their own application process.
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Immigration stage
This stage involves preparation and submission of Permanent resident and work permit applications.
Our pre-assessment and pre-preparation stage involves three steps.
1. Detailed profile assessment
2. Curation of pathway or solution
3. Business plan preparation & submission
Who are we?
We are a Canadian immigration consultancy firm providing wide range of immigration services.
Fastzone Immigration Services Ltd. is headed by Mr. Deepinder S Wirk who is a Regulated Canadian Immigration Consultant, member of the College of Immigration and Citizenship Consultant (formerly ICCRC). He is also a member of the Canadian Association of Professional Immigration Consultants (CAPIC).
Know more about usA few reasons why our valued clients choose us.
Authorised Immigration Practice
As a member of CICC, the Government of Canada's Immigration and Refugee Protection Act section 91(1) authorizes us to give Canadian immigration services.
100% Transparent Process
We have an ethical approach in our service and we share all the information with the clients keeping the process fully transparent.
Unmatched Support
We keep clients updated at each and every step of the application like at what stage is their application or update on the visa application.
Expert Guidance
Our Team comprises of an regulated professional ICCRC member who will provide you with best of advise and knowledge regarding the whole Canadian Immigration process.
Memberships
