Frequently Asked Questions
How much investment is required for a start-up visa in Canada?
Under the start-up visa program, there is no investment required from your end. Your business idea must get support from a designated Venture Capitalist, Angel Investor or be accepted into a business incubator program. The minimum amount of investment from a Venture Capitalist is CAD 200,000, from an angel investor is CAD 75,000, and zero in the case of an incubator program.
Can I work in Canada while my Start-up visa’s PR application is under process?
With your letter of support from the designated institutions, you can apply for a temporary work permit. The work permit allows you to come to Canada and start building your business while your permanent residence (PR) application is underway.
How long does it take to process a Start-up Visa application?
The processing time for a Start-up Visa application is generally 12- 16 months.