{"id":205,"date":"2023-03-14T11:34:01","date_gmt":"2023-03-14T16:34:01","guid":{"rendered":"https:\/\/hsimm1668.com\/en\/?p=205"},"modified":"2023-03-21T11:19:24","modified_gmt":"2023-03-21T16:19:24","slug":"start-up-visasuv","status":"publish","type":"post","link":"https:\/\/hsimm1668.com\/en\/start-up-visasuv\/","title":{"rendered":"Start-Up Visa\uff0cSUV"},"content":{"rendered":"

\"\"<\/p>\n

Start-Up Visa (SUV) is an immigration program launched by the Canadian federal government to attract overseas entrepreneurs with innovative ideas to establish high-tech startups in Canada. The entrepreneurial venture in which the applicant is involved or intends to establish must be innovative, unique, and competitive, such as artificial intelligence, VR\/AR technology, blockchain technology, financial services, big data, medical technology, biotechnology, etc. The applicant’s business plan must be supported by a government-designated institution. Upon obtaining a support letter from a government-approved investment institution, the applicant can submit an immigration application and apply for a work visa to operate a business in Canada. Meanwhile, the government-authorized institution provides consultation and coaching services to help new immigrant entrepreneurs address issues and difficulties encountered in the process of building a new venture.<\/p>\n

Applicant Requirements:<\/strong><\/p>\n

    \n
  1. The applicant must operate an eligible enterprise, specifically:<\/li>\n<\/ol>\n
      \n
    • \n
        \n
      • Each applicant must hold at least 10% of the company’s shares (up to five people can apply together);<\/li>\n
      • The designated investment institution and all applicants must collectively hold more than 50% of the company’s shares.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n

        Upon obtaining permanent residency: <\/strong><\/p>\n

          \n
        • \n
            \n
          • The applicant must actively and continuously manage the enterprise in Canada;<\/li>\n
          • A significant portion of the enterprise’s operations must take place in Canada;<\/li>\n
          • The enterprise must be registered in Canada.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
              \n
            1. The enterprise investment or startup plan must be supported by a government-designated investment institution:<\/li>\n<\/ol>\n
                \n
              • \n
                  \n
                • Venture capital funds (minimum investment amount of $200,000);<\/li>\n
                • Angel investor groups (minimum investment amount of $75,000);<\/li>\n
                • Business incubators (no minimum investment amount required).<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n
                    \n
                  1. Language requirements: Achieve a CLB5 level in English or French, equivalent to IELTS 5.<\/li>\n
                  2. Educational background: College diploma or above.<\/li>\n
                  3. Adequate funds: Settlement and startup funds (based on the business plan and project).<\/li>\n
                  4. Others: No criminal record, good health, and willingness to reside in provinces other than Quebec.<\/li>\n<\/ol>\n

                    Application Process:<\/strong><\/p>\n

                      \n
                    • Customer signs a contract, evaluates business background, and refines business concept;<\/li>\n
                    • Prepare materials and develop a detailed business plan;<\/li>\n
                    • Submit the business plan to a government-approved venture capital fund, angel investor group, or business incubator; Obtain a support letter from the investment institution;<\/li>\n
                    • Submit immigration and work visa applications to the Canadian Immigration Bureau;<\/li>\n
                    • Obtain a work visa, land in Canada, and start operating the enterprise. Investment institutions assist in training startup enterprises;<\/li>\n
                    • Obtain approval for permanent residency.<\/li>\n<\/ul>\n

                      Program Advantages: <\/strong><\/p>\n

                        \n
                      • Compared with common entrepreneur immigration, the most significant advantage of start-up immigration is that the project only requires support from a government-designated investment institution, so the required investment amount is small, reducing the applicant’s financial pressure.<\/li>\n
                      • As a federal program, the current processing time is 12-16 months, and the maple leaf card can be obtained in one step after approval by the federal government.<\/li>\n
                      • Start-up applicants will not lose their Canadian permanent residency status due to entrepreneurial failure.<\/li>\n<\/ul>\n

                         <\/p>\n

                        \u00a0<\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"

                        Start-Up Visa (SUV) is an immigration program launched by the Canadian federal government to attract overseas entrepreneurs with innovative ideas to establish high-tech startups in Canada. The entrepreneurial venture in which the applicant is involved or intends to establish must be innovative, unique, and competitive, such as artificial intelligence, VR\/AR technology, blockchain technology, financial services, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-205","post","type-post","status-publish","format-standard","hentry","category-federal-immigration-program"],"_links":{"self":[{"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/posts\/205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/comments?post=205"}],"version-history":[{"count":2,"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/posts\/205\/revisions"}],"predecessor-version":[{"id":1180,"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/posts\/205\/revisions\/1180"}],"wp:attachment":[{"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/media?parent=205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/categories?post=205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hsimm1668.com\/en\/wp-json\/wp\/v2\/tags?post=205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}