Overview of the SUV Program
The Start-Up Visa (SUV) Program offers a direct pathway to Canadian permanent residency for innovative entrepreneurs. If you have a qualifying business idea and the support of a designated organization, you and your family can immigrate to Canada.
Eligibility Requirements
To be eligible for the Start-Up Visa Program, you must:
- Have a qualifying business: You must hold at least 10% of the voting rights attached to all shares of the corporation.
- Get a Letter of Support: You must secure a commitment from a designated organization (angel investor group, venture capital fund, or business incubator).
- Meet the language requirements: You need a minimum of CLB 5 in English or French.
- Bring enough money to settle: You must show proof of funds to support yourself and your dependents upon arrival.
Designated Organizations
You must pitch your business idea to one of the following designated organizations:
- Venture Capital Funds: Must confirm an investment of at least 0,000.
- Angel Investor Groups: Must confirm an investment of at least ,000.
- Business Incubators: You must be accepted into their specific incubation program.
Our expert consultants can assist you in preparing a compelling pitch and navigating the entire application process. Contact Sawubona Canada to start your journey.
