Residency >> Canada

Canada Start-up Investor Visa (SUV) Programme

The Canada Start-up Investor Visa Program is a government-approved Permanent Residence Program administered by the Federal Government, offering a pathway to contribute to Canada’s entrepreneurial ecosystem while enjoying the privileges and rights of permanent residency.

Approved investors can obtain a permanent status in Canada for themselves and their families while building certain businesses in Canada and creating jobs for Canadians.

Summary

MINIMUM INVESTMENT

CA$75,000

Processing time

Up to 37 months

Residence requirement:

At least two out of five years (or 730 days)

Citizenship

Possible after three years of permanent residence status

  • Permanent residents are protected under Canadian law and the Canadian Charter of Rights and Freedoms
  • Access to Canadian banking services
  • Eligibility of obtaining citizenship after living a consecutive three out of five years in Canada
  • Aged 18 or over
  • Have a qualifying business
  • Have a letter of support from a designated organisation
  • Sufficient funds to make the investment and settle in Canada
  • Documentation to prove that all investment capital is legally sourced
  • Pass a language test in English or French meeting the minimum level of the Canadian Language Benchmark (CLB) 5
  • Clean criminal record

To obtain permanent residence in Canada, foreign entrepreneurs must propose an innovative, scaling start-up business, approved by a designated organisation.

  1. Business incubation: no minimum investment is required, but confirmation that the start-up is part of a designated Canadian business incubator program.
  2. Angel investment: raise CA$75,000 from an angel investment group, depending on a certain stage of the business.
    1. Investors will incorporate a start-up business with a Canadian government approved angel investor. Applicants must pass an interview with the angel investor in order to obtain the letter of support.
  3. Venture capital fund: raise CA$200,000 from a venture capital fund, depending on a certain stage of the business.

A qualifying business means you created a business that meets the following conditions:

  • At the time you get a commitment from a designated organisation:
  1. Each applicant holds ten per cent or more of the voting rights attached to all shares of the corporation outstanding at that time (up to five people can apply as owners).

    AND

  2. Applicants and the designated organisation jointly hold more than 50 per cent of the total voting rights attached to all shares of the corporation outstanding at that time.
  • At the time you receive your permanent residence:
  1. You provide active and ongoing management of the business from within Canada.
  2. An essential part of the operations of the business happens in Canada.
  3. The business is incorporated in Canada.
  4. Investor needs to have a minimum of ten per cent shares in a federally approved company in a specific industry as identified by the Government.
  5. A total of five investors can apply as owners of one company — with one investor chosen as the head of the company (best-suited for the position as per investor’s qualifications). 

Canada’s Start-up Investor Visa (SUV) Program application process consists of five steps:

Step 1: Interested applicants create and account and must download and fill out forms from the Government of Canada Permanent Residence Portal for both them and their children.

Step 2: Prepare all supporting documents .

Step 3: Pay the relevant fees, including biometrics and submit your application through the online portal

Step 4: Book your biometrics appointment and undergo a medical examination within 30 days of submission of your application.

Step 5: The Government will issue a decision confirming whether you are approved.

Step 6: The Government will issue you a permanent residence visa which you can use to enter Canada.  

Basic Fees

CS Global Partners Professional Fees

How long does it take to process an application?

Applicants can generally expect to wait around 37 months.

What are the investment options under the Canada Start-up Investor Visa (SUV) Program?

To obtain permanent residence in Canada, foreign entrepreneurs must propose an innovative, scaling start-up business, approved by a designated organisation by means of either of the below options:

  1. Business incubation
  2. Angel investment
  3. Venture Capital Fund

 

Who is eligible for the Canada Start-up Investor Visa (SUV) Program?

Main Requirements:

  • Aged 18 or over
  • Have a qualifying business
  • Have a letter of support from a designated organisation
  • Sufficient funds to make the investment and settle in Canada
  • Documentation to prove that all investment capital is legally sourced
  • Pass a language test in English or French meeting the minimum level of the Canadian Language Benchmark (CLB) 5
  • Clean criminal record

Where do the funds invested go?

The funds generated from the Canada Start-up Investor Visa (SUV) Program provide significant economic benefit, creating jobs with positions for technical staff and driving economic growth.

Is This Program for Me?

The Canada SUV Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:

  • are innovative
  • can create jobs for Canadians, and
  • can compete on a global scale.

Book a free first consultation with one of our experts and discuss your individual requirements.

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*Permanent Residence Program requires a financial investment into the country.

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