Acquisition Pathways
There are multiple ways to acquire this programme, with differing levels of investment and commitment.
A minimum investment of USD 200,000 from a designated Canadian venture capital fund is required.
A minimum investment of USD 75,000 from a designated Canadian angel investor group is required.
Acceptance into a Canadian business incubator program is required.
No Personal Investment Required
Unlike other programs, the SUV Program does not require personal capital. Instead, applicants need backing from designated organizations, such as venture capital firms or angel investors, to demonstrate their business potential.
Path to Permanent Residency
Candidates can apply for permanent residency once their business is operational, offering a fast track to secure a future in Canada. This pathway can also lead to eventual citizenship, providing long-term stability.
Live Anywhere in Canada
You have the freedom to live and work anywhere in Canada, allowing flexibility for you and your family while growing your business in a thriving market.
What you'll need
Qualifying Business
You need a business that meets Canada’s eligibility criteria and demonstrates that operations will take place in Canada with active management from within the country.
Language Proficiency
Applicants must achieve at least CLB Level 5 in English or French. Accepted tests include IELTS and TEF Canada, ensuring your language skills are sufficient to operate a business in Canada.
Letter of Support
Secure a Letter of Support from a designated Canadian organization, such as an angel investor or business incubator. This backing is critical to your application’s success and proves your business idea’s viability.
Proof of Funds
Show evidence of sufficient funds to support yourself and your family when settling in Canada. The required amount varies depending on the number of dependents.
Due Diligence
Begin by submitting your passport and necessary documents for a comprehensive background check conducted by Multipolitan to ensure compliance with Canada regulations.
Present Your Business Idea
Pitch your start-up idea to a designated organization. If they back your idea, you will receive a Letter of Support to include with your visa application.
Submit Your Application
Apply for permanent residency once you secure a Letter of Support. Include proof of language skills and settlement funds.
Work Permit Application
While awaiting permanent residency approval, you can apply for a temporary work permit to begin building your business in Canada.
Receive Residency
Once approved, you and your family will receive permanent residency, allowing you to live and grow your business in Canada.
Apply now
Ready to build your business in Canada? Submit your application today to start your entrepreneurial journey and secure permanent residency.
Frequently asked questions
What is a qualifying business for the SUV Program?
A qualifying business requires you to hold at least 10% of the voting rights and jointly hold more than 50% with a designated organization.
How long does the SUV application process take?
It typically takes 12 to 18 months to process the permanent residency application under this program.
Can my family be included in the application?
Yes, your spouse and dependent children can be included in your application for Canadian permanent residency.
Do I need to invest personal funds into my business?
No, the program does not require personal capital but requires backing from a designated organization.
Strategic Opportunity for Entrepreneurs
With no specific personal investment requirement, the Start-Up Visa is an excellent option for entrepreneurs seeking to establish a foothold in North America. The backing of designated organizations ensures that only high-potential ventures are supported, making this program a strategic choice for growth.
Flexibility for Global Families
The SUV Program is a flexible option for families, offering permanent residency for the entire family. You and your family can live and work anywhere in Canada, while enjoying the country’s high quality of life.
Expert Guidance Throughout the Process
Our dedicated team will assist you through every step, from developing your business plan to securing a Letter of Support and ensuring that your application is complete and successful.