The application process for Canada’s Startup Visa Program involves several steps:
Step 1: Secure a Commitment Certificate or Letter of Support from a designated organization: To apply for a startup visa, you must secure a Commitment Certificate or Letter of Support from any of the designated organizations listed earlier. These organizations are business incubators, angel investor groups, or venture capital funds that have been approved by the Canadian government. Note: Each organization has its own programs and requirements. You must contact the designated organization you are interested in working with and find out information on how to get its support. The letter of support must be submitted along with the application for the Startup Visa program.
Step 2: Gather documents & complete the application forms: Once you have secured a Commitment Certificate or Letter of Support, you can complete the application forms for the Startup Visa Program. These forms will require information about you and your business, such as your personal information, business plan, financial information, and proof of language proficiency.
Step 3: Pay the application fees: You will also need to pay the application fees when you submit your application. The fees include a processing fee and a Right of Permanent Residence Fee (RPRF).
Step 4: Wait for processing: Once you have submitted your application, you will need to wait for it to be processed. The processing time can vary depending on the volume of applications, but it generally takes several months.
Optional Work Permit: While you wait for your permanent residence through the Start-Up Visa Program (SUV), you might also be able to get an optional work permit. This would let you do the work to start your business while we process your start-up visa application.
Step 5: Attend an interview (if required): If your application is deemed eligible, you may be invited to attend an interview with a Canadian immigration officer. The purpose of the interview is to assess your business experience and knowledge, as well as your ability to establish a successful startup in Canada.
Step 6: Obtain your startup visa: If your application is approved, you will be issued a startup visa. The visa will allow you and your family members to enter Canada and work on your startup.
Please refer to the official application package for further instructions on the documents required, application forms and the step-by-step application process.