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Canada's Express Entry draws for all programs resumed
Canada has been always welcomed ambitious, investors and businessmen for the expansion of the opportunities for applicants and boosts the economic growth of Canada. Canada geographic favorable conditions, abundant natural resources, and United States as its neighborhood make it a friendly nation for residency seekers globally. Canada’s Start-Up Visa is on pathway for its best year yet in terms of welcoming new permanent residents as the popularity of the Start-Up program continues to increase. In the first quarter of 2022, 160 newcomers were welcomed through the Start-Up Visa. If this trend continues for the next three quarters, Canada will welcome 640 new permanent residents this year, beating the previous record of 515 in 2019. The numbers that decrease in the pandemic have increased and reached to new heights.
Under the Canada Start-Up Visa program, three types of private-sector investors are considered: angel investors, venture capital funds, and business incubators. A designated venture capital fund must confirm that it is investing at least the minimum required for qualifying business. The applicants can also qualify with two or more investments from angel investor groups. A designated business incubator must accept the applicant into its business incubator program. It is up to the immigrant investor to develop a viable business plan that will meet the due diligence requirements of these government-approved designated entities.
That’s usually done with the help of business consultants in Canada’s start-up ecosystem with oversight from experienced corporate business immigration lawyers who can ensure a start-up’s business concept meets all industry-required terms and conditions.
The benefits of Start-Up Visa Canada:
- This is a fast track process of business migration.
- The permanent residency is obtained with this program which further leads to the citizenship of Canada.
- The funding support receives to the business persons to establish and thrive in their business.
- The candidate can access the social benefits.
- Five persons can apply at the same time under this program.
- No minimum investment or net worth required.
- There is no age limit under this program.
- The program is available for all nationalities globally.
- The candidate can settle down in any province of Canada.
The Basic Eligibility Criteria for Canada Start-Up Visa are as follows:
The Canadian Start-up Visa is the fastest and easiest pathway to secure the permanent residence in Canada.
Step-1
If you are seeking for the program you must get the letter of support from a designated organization first.
Step-2
You must demonstrate the eligibility for language proficiency and undergo an approved language test from a designated institute.
Step-3
You must an innovative business idea to apply for the Start-Up Visa in Canada. Each candidate must have at least five owners at the time of submission.
Step-4
Since the government does not provide any financial help to the candidates the candidate must have the sufficient funds to invest and settle down in Canada.
How Eminent can help you in seeking the Start-Up Visa in an efficient manner?
Eminent is proudly associated with highly qualified attorneys and team who have extremely rich experience in representing the business migration. We help you succeed in a hassle free manner. With the help of our efficient and knowledgeable associated team we can help you in establishing your business and get residence in Canada under this program. For your hurdle free journey contact us now!!
Opening up a world of opportunity.
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