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On carrying out a recent survey, it was found that Canada the windy country is having the best quality of life. There are a lot of things, which is going to attract you to settle there. It is enriched with the best –

  • Political System.
  • Secure Banking System.
  • Clean Environment.  
  • Public health care is good.
  • Efficient Public education system.

Looking for Canada federal start-up visa program is a good way of helping yourself. Nowadays, lots of good plans are getting launched and inviting immigrants to settle here. There are several entrepreneurs also considering carrying out their work.

A fresh federal active immigration permanent resident program has switched with the traditional one. That is the Quebec passive Investor program. It is the reason that is making the entrepreneurs and other investors consider the land of Canada for growing financially and personally. Another good part of it is that no one is worried about the minimum investment plan by the immigrant. There is no pre-defined net worth requirement; the immigrant can freely choose to live anywhere in Canada.

For clearing the IELTS English language test, the candidate just requires to score five or higher number. When a person comes into the country under the above-mentioned program, then immigrant after three years can apply for permanent residence. Now you are completely eligible for signing the document for Canadian Citizenship and Canadian Passport.

Now let us understand the functioning of the Canada federal start-up visa program: – 

The immigrant entrepreneur must develop a workable business project. It should meet the guidelines set-up by the government-approved designated entity.  In this, there are primarily three options –

  • You should get the acceptance into the business incubator program. This will help you in moving ahead with the business plan specially designed for the program. The incubator is considered the most important program. In this, the person will need to spend valuable time in the windy city. Working with the incubator group to perfect the proposed plan. The time duration for this plan to work is approx four to six months.
  • Acquire the financial support of government-designated investor group. That will be keen to invest in your project.
  • Receive the monetary support of a government venture capital fund group. That will invest in your project.

Look for the Canada federal self-employed program guidelines; this will give you valuable tips.

  • The entrepreneur must ensure that minimum of 10 % of the voting shares in the Canadian company that is assigned for doing the project. Along with this, you must become actively involved in the management of the new enterprise that is located in Canada.
  • No other person is holding more than 50 per cent or more of the voting shares in the enterprise.

On fulfilling these guidelines, the immigrant investor will receive a “Letter of Support” or “Commitment Certificate” from the sponsoring group. That will, later on, help in opening the Canadian doors for your immigration

The finalizing of the Permanent Residency immigration application form, plus the letter of support or the commitment certificate will take a minimum of 18 months. Once you have this, then automatically you can opt for a short-term work permit to come to Canada to work on your project in your company.  

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