{"id":661627,"date":"2023-02-02T10:47:14","date_gmt":"2023-02-02T08:47:14","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=661627"},"modified":"2023-02-02T10:47:14","modified_gmt":"2023-02-02T08:47:14","slug":"start-up-visa-canada-wants-entrepreneurs","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/661627\/start-up-visa-canada-wants-entrepreneurs\/","title":{"rendered":"Start-Up Visa &#8211; Canada Wants Entrepreneurs"},"content":{"rendered":"<p>With Canada recently announcing it will add 1.5 million new permanent residence to the population by the end of 2025, it is no surprise that there has been a surge of applications for entry into Canada.<\/p>\n<p>With age being a factor in Canada\u2019s points-based immigration system, the only option to move to Canada for older applicants is through business immigration or investing in the Canadian economy.<\/p>\n<ul>\n<li><a href=\"https:\/\/beaverimmigration.com\/suv-assessment\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=February+2023\" target=\"_blank\" rel=\"noopener\"><strong>Visit our website to complete your pre-assessment form for free.<\/strong><\/a><\/li>\n<\/ul>\n<p>The Government of Canada realized that economic growth does not only come from mass industrial-sized capital investment.<\/p>\n<p>In the new digital economy, accelerated economic growth can also come from entrepreneurs and their innovative solutions that have the potential disrupt a market or establish a new way of doing things.<\/p>\n<p>This is why Canada created the Start-Up Visa program. As the federal government\u2019s flagship business visa program, the Start-Up Visa is designed to attract immigrant entrepreneurs who have the experience and skills to build a new business in Canada that:<\/p>\n<p>&#8211; Is innovative with the potential to grow.<\/p>\n<p>&#8211; Can create jobs for Canadians.<\/p>\n<p>&#8211; Has the ability to compete on a global scale.<\/p>\n<p><strong><a href=\"https:\/\/www.youtube.com\/watch?v=mNxAZbEI8cE&amp;utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=February+2023\" target=\"_blank\" rel=\"noopener\"><strong>Video &#8211; to learn more about the program\u2019s eligibility requirements.<\/strong><\/a><\/strong><\/p>\n<p>Since the end of 2021 there has been a 30% increase in the number of South African-based companies applying to the Start-Up Visa program.<\/p>\n<p>Apart from the 90% success rate enjoyed by South African applicants, the program has several unique advantages.<\/p>\n<ol>\n<li><strong>No minimum investment is required. <\/strong><\/li>\n<\/ol>\n<p>Unlike almost every business investor program in the world, the Start-Up Visa does not have a minimum invest amount.<\/p>\n<p>While it is recommended that applicants commit to a budget for the new start-up company, the government is more interested in the potential of the company as opposed to capital investment.<\/p>\n<ol start=\"2\">\n<li><strong>No Performance guarantee. <\/strong><\/li>\n<\/ol>\n<p>Other countries typically require business investors to first enter their country on a temporary basis to start their business. Only after the investor can show profitability will they be allowed to apply for citizenship.<\/p>\n<p>However, the Start-Up Visa program allows you to apply for immediate permanent residency before you enter Canada &#8211; whether the start-up succeeds or fails.<\/p>\n<ol start=\"3\">\n<li><strong>Work with a Canadian business incubator. <\/strong><\/li>\n<\/ol>\n<p>One of the eligibility requirements of the program is to receive a letter of support from a Canadian business incubator.<\/p>\n<p>The Government of Canada has authorized various Designated Organizations to welcome innovators to Canada to help the new business accelerate their growth in Canada.<\/p>\n<p>Business owners can enter Canada and enjoy the support of an experienced organization to ensure they are on the right track to success.<\/p>\n<ol start=\"4\">\n<li><strong>Up to five partners can apply together.<\/strong><\/li>\n<\/ol>\n<p>One unique advantage of Canada\u2019s Start-Up Visa program is it allows business partners or founders of a new start-up company to apply on one visa so they can move to Canada all at once.<\/p>\n<p>This is especially beneficial for family-owned businesses or for a group of young innovators who want to keep their management structure in place.<\/p>\n<p>If you are an aspiring entrepreneur or a successful business owner who has a desire to start a new life in Canada with your family, contact Beaver Immigration Consulting today.<\/p>\n<p>As South Africa\u2019s only licensed Canadian immigration firm, Beaver Immigration has a track record of helping businesses enter Canada through the Start-Up Visa program.<\/p>\n<p><strong><a href=\"https:\/\/beaverimmigration.com\/suv-assessment\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_campaign=February+2023\" target=\"_blank\" rel=\"noopener\"><strong>Visit our website to complete your pre-assessment form for free.<\/strong><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Learn how South African businesses use their innovation to immigrate to Canada. <\/p>\n","protected":false},"author":57,"featured_media":661639,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[14273],"class_list":["post-661627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-beaver-immigration"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/661627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=661627"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/661627\/revisions"}],"predecessor-version":[{"id":661643,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/661627\/revisions\/661643"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/661639"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=661627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=661627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=661627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}