Business Immigration
Business Immigration
Entrepreneur Start-Up Visa
Canada’s start-up visa program gives entrepreneurs the opportunity to immigrate to Canada in order to establish a new business. Immigrant entrepreneurs must demonstrate that their business is innovative, will create new jobs for Canadians, and can compete on a global scale.
There are four requirements you need to meet in order to be eligible for a Canadian start-up visa:
1. Have a qualifying business:
- You must hold at least 10% of the voting rights attached to all shares of the company
- Together with the designated organization, you must hold at least 50% of the voting rights attached to all shares of the company
2. Have a letter of support from a designated organization:
- You need to demonstrate that you have the support of a venture capital fund, angel investor group, or business incubator
- In order to do this, you must pitch your business idea and convince the organization that it is worth supporting
3. Meet the language requirements:
- You must take a language test from an approved agency and show that you meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in speaking, reading, listening, and writing.
4. Proof of funds:
- You need to show that you have enough money to support yourself and any dependents once you arrive in Canada. The amount you need depends on the size of your family.
Intra Company Transfer
Intra Company Transfer Immigration Program is an employer-specific program. Under this program, foreign businesses can transfer eligible employers from their offices to their affiliated or parent companies located in Canada. This program exempts the candidate from procuring LMIA (Labor Market Impact assessment). The employees working as executives, senior managers and functional managers may qualify for this program.
Intra -Company Transfer is determined based on the qualifying relationship between the company in Canada and the one abroad.
Approved applicants through the Intra-company transfer program obtain a temporary work permit. Work experience gained as an intra-company transferee in Canada can be used as a springboard, to permanent residence in Canada. The Canadian work experience is highly valued under Canada’s points-based immigration system.