Are you Exploring Starting your Business in Canada?

2. Do you have an incredible business plan for a start-up visa? Canada is the place for you to show your skillset and be successful. Is it looking daunting to you? Although it is difficult if you are unfamiliar with the criteria of starting your business internationally, it is never impossible. The Canadian government is attracting entrepreneurs with an effective business plan with their unique immigration opportunity. The Canadian government declares that its start-up visa program is one of its own types worldwide. An Introduction to Startup Visa Program of Canada As the name suggests, a program that is geared to help individuals who have an exciting business plan and caliber to boost the Canadian economy become successful people after coming to Canada as a permanent resident. As per the Canadian government, it’s a win-win situation for both. If this is right up to your path, you may have the aptitude to apply for a Canadian SUV. Business plan plays a vital role in this. To know more about the Canadian start-up visa program and how to start it effectively, continue to read this guide. It will let you know about everything that you need before commencing your immigration journey. Eligibility for the Startup Visa Program For qualifying for the start-up visa, you first need to gather the required documents and check if your personal information and work experience fulfill the criteria.

3. To evaluate eligibility, we are here with a list of eligibility criteria. Let’s have a look at it: You have to prove that a designated business organization sponsors your business plan. You will mandate to secure a minimum investment of 75,000 and up to 200,000 Canadian dollars. Language criteria need to be fulfilled. Communicating in either English or French is mandatory. You need to prove that you possess at least 10% of the business. A sufficient bank balance is required to prove that you can easily support yourself and your dependents once you reach Canada. If you fulfill all the required conditions mentioned above, you are all set to apply for the Canadian start- up business program along with the assistance of CanadaCIS. Documents Required for the Startup Visa Program After you access your eligibility for the Startup Visa Program, you will mandate to gather all the required documents for this program. A complete business plan for start-up visa Canada that has been submitted to your picked investment company. A letter of support from an investment company that has been offered to you with a commitment certificate to IRCC. The last is to apply for permanent residency with the investment letter and a few additional documents such as: Resume Business Proposal Valid Passport Birth Certificate Marriage Certificate (if married) Proof of Funds Bank Reference Letter Police Clearance Record from Designated Country Results of Language Test

4. Medical Certificate Letter of Support from a Designated Canadian Company Benefits of Canadian Start-Up Visa Program There are numerous reasons why Canada is always the right choice to pick for starting a business. A complete list of benefits offered by the Canadian Start-Up Visa Program: Permanent Residency Fast processing time for permanent residency A plethora of provinces to pick from. Funding and assistance from designated Canadian investors More than one candidate can own one business. If you are planning to move to Canada, it is the right time to give it a chance. If you are looking for a business plan for start up visa Canada, we have a lot of options for you to write an SUV business plan, such as Mikel Consulting. We wish you and your family all the best as you are going to begin your immigration journey for a successful future. Source: https://mikelconsulting.wordpress.com/2022/03/10/how-to-start-a-business-in-canada-in- 2022/