Start-Up Visa Program
Self-Employed Persons Program
Provincial Entrepreneur Streams
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Start-Up Visa Program
Purpose: To attract innovative entrepreneurs who want to start a new business in Canada that can compete globally and create jobs for Canadians.
Key Requirements
- 1. Business Idea & Support
- You must have a business idea supported by a designated organization approved by Immigration, Refugees and Citizenship Canada (IRCC).
- Designated organizations include:
- Venture capital funds
- Angel investor groups
- Business incubators
- 2. Ownership Requirements
- Up to 5 people can apply as owners of a single business.
- Each applicant must hold at least 10% of the voting rights in the business.
- Together, the applicants and the designated organization must own more than 50% of the voting rights.
- 3.Language Proficiency
- You must meet minimum language requirements in English or French (CLB 5 in speaking, reading, writing, and listening).
- 4. Settlement Funds
- You must show you have enough money to support yourself and your family after you arrive in Canada. The amount varies by family size (e.g., about CAD 13,000 for a single person).
How to Apply
- 1. Get a Letter of Support from a designated organization by:
- Pitching your business idea.
- Getting accepted and securing commitment (investment or acceptance into an incubator).
- 2. Prepare your application with:
- Letter of Support from the designated organization.
- Proof of language proficiency.
- Proof of settlement funds.
- Other required documents (identity, police clearance, medical exams).
- 3. Submit your application to IRCC for permanent residence.
Benefits
- Direct pathway to permanent residence for entrepreneurs and their families.
- No requirement for a specific business location (you can establish your business anywhere in Canada).
- Opportunity to contribute to Canada’s economy with innovative ideas.
Useful Tips
- Research and approach designated organizations early, as their support is critical.
- Have a solid, scalable business idea with potential for job creation.
- Prepare to demonstrate your business knowledge, management skills, and commitment.
- 1. Business Idea & Support
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Self-Employed Persons Program
Purpose: This program is designed for individuals who have relevant experience in cultural activities, athletics, or farm management and who intend and are able to be self-employed in Canada.
Who is Eligible?
- Cultural Activities: Artists, musicians, writers, performers, or other cultural professionals with relevant experience.
- Athletics: Athletes, coaches, or officials with a history of participation at a competitive level.
- Farm Management: Individuals with experience managing a farm (available only in some provincial streams, but part of federal program too).
Key Eligibility Criteria
- 1. Relevant Experience
- You must have at least 2 years of experience in cultural activities or athletics, either as self-employed or participating at a high level.
- 2. Intention and Ability
- You must intend and be able to become self-employed in Canada in the cultural or athletic field.
- This means creating your own employment and contributing significantly to the cultural or athletic life of Canada.
- 3. Selection Factors
Candidates are assessed based on:
- Experience
- Education
- Age
- Language ability (English/French)
- Adaptability (e.g., family connections, previous work or study in Canada)
- 4. Medical and Security Checks
- Applicants must pass medical exams and security background checks.
Application Process
- Prepare and submit application to Immigration, Refugees and Citizenship Canada (IRCC) with:
- Proof of relevant experience (letters, contracts, portfolio, awards).
- Language test results.
- Proof of funds to support yourself and family.
- Other required documents (IDs, medical exams, police certificates).
- Processing Time: It may take 12–24 months, depending on the volume and specifics.
Benefits
- Direct permanent residence pathway for self-employed cultural or athletic professionals.
- Flexibility to create your own work and contribute to Canadian cultural or sports sectors.
- Family members (spouse and children) can also apply for permanent residence.
Important Notes
- The program is competitive; strong documentation of your experience and ability is crucial.
- You need to convincingly show that you can support yourself through self-employment in Canada.
- Unlike the Start-Up Visa, this program does not require business investment or a designated organization’s support.
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Provincial Entrepreneur Streams
Purpose: These programs target experienced business owners or entrepreneurs who want to invest in and actively manage a business in a specific Canadian province or territory.
How They Work
- Each province/territory runs its own Entrepreneur stream with unique eligibility criteria and application processes tailored to local economic needs.
- Successful applicants receive a provincial nomination, which can be used to apply for permanent residence through the provincial nominee system.
Common Requirements Across Provinces
- 1. Business Experience
- Proven experience as a business owner or senior manager, typically several years.
- 2. Net Worth & Investment
- Minimum personal net worth (often CAD 300,000 to 800,000+ depending on the province).
- Required minimum investment in a new or existing business (can range from CAD 150,000 to 1 million+).
- 3. Business Plan
- Submit a detailed business plan showing how you will create jobs and contribute to the local economy.
- 4. Active Management
- You must intend to actively manage the business and be involved in day-to-day operations.
- 5. Settlement Funds
- Proof of funds to support yourself and family during the initial period.
- 6. Residency Requirement
- You typically must live in the province where your business is established.
Examples of Provincial Entrepreneur Streams
Province Stream Name Key Features Ontario Entrepreneur Stream Minimum CAD 300,000 net worth;
CAD 200,000 investmentBritish Columbia Entrepreneur Immigration CAD 600,000+ net worth;
CAD 200,000 investment (varies)Alberta Self-Employed Farmer Stream & Entrepreneur Stream Focus on farming & business ownership; varied investment Saskatchewan Entrepreneur & Farm Owner Streams Net worth CAD 500,000+;
investment CAD 300,000+Manitoba Business Investor Stream Net worth CAD 500,000+;
investment CAD 250,000+Nova Scotia Entrepreneur Stream Net worth CAD 600,000+;
investment CAD 150,000+Prince Edward Island PEI PNP Entrepreneur Stream Net worth CAD 600,000+;
investment CAD 150,000+Application Process (Typical)
- 1. Expression of Interest (EOI):
- Submit an initial profile showing your business background and interest.
- 2. Invitation to Apply:
- If you meet criteria and scores, you receive an invitation to submit a full application.
- 3. Application & Interview:
- Submit a detailed business plan and documents. Some provinces require an interview.
- 4. Conditional Nomination:
- If approved, you get a conditional nomination and must start or buy the business.
- 5. Permanent Residency Application:
- After meeting business operation requirements (often 1–2 years), you apply for permanent residence.
Benefits
- Provincial nomination often speeds up permanent residence processing.
- Opportunity to start or buy a business with provincial support and resources.
- Live, work, and settle in the province of your choice.