Is it possible to generate employment in Canada while yet competing globally?
With the COVID-19’s unavoidable influence on the global economy, Canada has remained committed to supporting not just Canadians and permanent residents, but also immigrants by fostering business immigration. Hon. Justin Trudeau, Prime Minister of Canada, proposed an initial $82 billion economic response plan to the epidemic, with $27 billion set aside to relieve the financial pressure on Canadian businesses and employees. Additional relief has been promised for the business sector.
DETAILS OF THE PROGRAM – SYNOPSIS
Qualified immigrant entrepreneurs can get permanent residency in Canada under the start-up visa programme. It is officially called as the Canada Start-Up Class, although it is more commonly referred to as the Start-Up Visa programme (SUV).
In order to build different start-up businesses, innovative entrepreneurs are approached and partnered with private sector investors in Canada. To begin, candidates can come to Canada on a work permit sponsored by a selected Canadian investor before gaining permanent residency, which will be granted after the firm is up and functioning. There are three sorts of private sector investors:
Angel investors are individuals who make investments in startups.
Venture capital funds support business incubators.
Immigrant entrepreneurs must demonstrate that their company is:
capable of competing on a worldwide basis and acquiring permanent residency for you, your spouse, and your dependents for up to 22 years
ELIGIBILITY REQUIREMENTS FOR APPLICANTS:
The following are the essential requirements for participating in the start-up visa programme:
A business idea that qualifies
Certificate of Commitment and Letter of Support from the Designated Entity
Sufficient finances in light of the family’s size
Level 5 Canadian Language Benchmark Proficiency in English or Fresh
PROCESS FLOW:
The PathFinder Visa Services Details :
We, at The PathFinder Visa, act as intermediaries between an individual and an immigration authority, assisting in the understanding of processes and rules. We may assess an applicant’s qualifications to determine their eligibility for migration to Canada as specialist consultants. Our team of professionals is well-educated and well-versed in order to teach customers how to make educated decisions and comparisons based on current economic trends. Advisors are to give an independent and objective assessment that is tailored to the needs of the applicant.