Start-up Visa
Permanent residence for founders whose business is backed by a designated venture fund, angel group or incubator. The backing letter is the binding constraint, and the backlog is long.
Who it is for. Founders with a qualifying commitment from a designated Canadian organisation.
Worth knowing. The investment figure applies where the backer is a designated venture capital fund; angel groups and incubators have different thresholds, and incubator acceptance requires no investment at all. Processing has run to several years and intake has been limited.
- Income required
- Not stated
- Savings required
- Not stated
- Investment required
- CA$200K
- Application fee
- Not stated
- Processing time
- 730–1460 days
- Permission lasts
- —
- Permanent residence
- Not via this route
- Citizenship
- After 3 years
Not renewable
Sources
Worth knowing. The investment figure applies where the backer is a designated venture capital fund; angel groups and incubators have different thresholds, and incubator acceptance requires no investment at all. Processing has run to several years and intake has been limited.
Check this against
- IRCC — immigrate, work, study and visit Canada (opens in a new tab)Immigration, Refugees and Citizenship Canada · National immigration authority