How to Meet Start-Up Visa Program in Canada Requirements

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The Latitude Perspective on Canadian Residency by Investment

Latitude has Canadian roots. Our Executive Chairman Eric Major was born and raised in the country. Also of Canadian heritage are Managing Partners, Christopher Willis and Jon Green.

Then there’s Strategic Partner, Ronit Sharma. His Toronto base allows him to keep abreast of the latest Start-Up Visa Program in Canada requirements. Sharma’s also a handy resource for new arrivals to North America as he’s fluent in English and possesses conversational-level French, Hindi, and Punjabi.

The appeal of Canadian Residency by Investment is obvious to him. “If you want North American residency,” queries Sharma, “why pay close to a million dollars in the US when it’s available for less than 300,000 Canadian dollars?”

“There are few more family-friendly countries than Canada,” he insists. “It’s one of the safest countries to raise children. In the Global Peace Index, Canada is in 11th place whilst the United States is in 132nd position.”

“As permanent residents, you and your family will have access to public education and state healthcare,” reveals Sharma. “What’s more, live in Canada for three years of a five-year period and you become eligible for Canadian citizenship and a highly-regarded passport.”

Get Acquainted With Canada’s Start-Up Visa

Would you like to relocate? You can do so through Residency by Investment. If North America is your desired destination, here’s how you can meet Start-Up Visa Program in Canada requirements.

How to Satisfy 2024 Start-Up Visa Program in Canada Requirements

Let’s look at the most up-to-date Canada Start-Up Visa conditions if you want to move to Canada. The only place you won’t be able to settle in with this program is Quebec which offers its very own investment migration solution. To live in every other part of Canada with this visa, you must:

1. Intend to co-develop a start up business concept or idea in conjunction with one of the government-designated venture capital funds, angel investor group or incubators who will then supply a commitment certificate and letter of support for the proposed start-up 
2. Provide confirmation that, at the time of application, you have a minimum 10% equity ownership in the proposed start-up group 
3. Prove a minimum benchmark level 5 proficiency in English, French, or both through results of tests taken no more than 2 years ago
4. Demonstrate you possess adequate savings to fund settling in Canada with letters from relevant banks or financial institutions
5. Provide civil documents such as passport copies, birth certificates, marriage certificates etc. for all applicable family members, you, partner/spouse, and dependent children no older than 21, applying, 
6. Confirm 2+ years of post-secondary education (preferred)  
7. Verify business ownership or management experience (preferred)
8. Show that you cannot be denied to Canada for medical, security, or criminality reasons 
9. Surrender police certificates for every country/territory you have resided for more than 6 months from the age of 18

Your Next Step to a Canadian Start-Up Visa

If reading this article has stirred interest in Canadian Residency by Investment, there’s one obvious plan of action to take. And that’s to consult an investment migration firm with a Canadian base such as Latitude Group. So, don’t delay and contact us today.