Canada Start-Up Visa
Introduction
The Canada Start-Up Visa (SUV) Program connects entrepreneurs with Government-Designated Organizations (DOs) to create innovative start-up ventures and set up business operations in Canada. This cost-effective program not only offers permanent residency for you and your family but also opens a direct pathway to Canadian citizenship.
Requirements
- Language proficiency: English or French (CLB level 5)
- Net worth and settlement funds:
C$13,310 for a single applicant
C$24,733 for a family of 4
- Medical and security clearance (applicant and dependents)
- Must be over 18 years old and own a qualifying business
Investment Options
1. Venture Capital Fund
- Invest C$325,000 in a Canadian Venture Capital Fund
- Includes 10% shareholding in a new Canadian start-up and additional investments in other start-ups
- Covers due diligence, onboarding, legal, advisory, membership, and incubation fees
2. Angel Investors Group
- Invest C$275,000 in an Angel Investors Group
- Includes 10% shareholding in a new Canadian start-up and additional investments in other start-ups
- Covers due diligence, onboarding, legal, advisory, membership, and incubation fees
Eligible Dependents
- Spouse or common-law partner (over 18)
- Children under 22, unmarried
- All dependents must pass medical and security examinations
Key Benefits
Cost-effective alternative to programs like the former Quebec Immigrant Investor Program
Permanent residency for you, your spouse, and children under 22
Eligibility for Canadian citizenship after 3 years of residence within a 5-year period
Visa-free travel to 180+ countries with a Canadian passport (after citizenship)
Access to Canada’s free universal healthcare system
Safe and family-friendly environment with world-class education
Strong economy and natural resources, including the 2nd largest oil reserves and 4th largest supply of fresh water
Application Process
Step 1
Business and eligibility assessment
Step 2
Secure a Letter of Support from a Designated Organization
Step 3
Submit your permanent residency application
Step 4
Apply for a temporary work permit (if desired)
Step 5
Receive your PR status and move to Canada