Now a day, lots of immigrant families are looking for a pathway to move to a better place. In this article, we will discuss why the Canada Start-Up Visa program is a key to success and permanent residency (PR) for immigrant families, and why immigrants highly recommend this option. Moreover, we are proud to share that Eterna International has a 100% success rate in obtaining Letters of Support for our clients, further boosting their chances of success in the Start-Up Visa program.
What is the Canada Start-Up Visa?
The Canada Start-Up Visa program was launched in 2013 and aimed at attracting innovative entrepreneurs with the potential to build businesses in Canada. The program grants permanent residency to successful applicants and their families, allowing them to live, work, and study in Canada while building their start-ups.
The program targets individuals who have a qualifying business idea, can obtain a letter of support from a designated organization (venture capital fund, angel investor group, or business incubator), and meet language and financial requirements. By offering permanent residency, the program aims to foster innovation and create jobs in Canada, ultimately contributing to the country’s economic growth.
As the Start-Up Visa program is specifically designed for entrepreneurs, it sets the stage for success by connecting applicants with the resources they need to build a thriving business. This unique focus on innovation and support is one of the reasons we recommend this program for immigrant families looking to start a new life in Canada. With our company’s proven track record in securing Letters of Support, we are confident in our ability to help guide applicants through the process and maximize their chances of success.
Success and Permanent Residency
The Canada Start-Up Visa program is a high success rate for permanent residency. According to a 2019 report by Immigration, Refugees and Citizenship Canada (IRCC), over 80% of applications whose start-ups supported by Angel investor groups submitted under the Start-Up Visa program were approved, resulting in permanent residency for the entrepreneurs and their families.
The program’s success rate can be attributed to its careful selection of applicants who have a strong potential to contribute to Canada’s economy. As a result, the Start-Up Visa has become an attractive option for immigrant families looking for a secure and efficient pathway to permanent residency in Canada.
Apart from the high success rate, another advantage of the Start-Up Visa program is the speed of the application process. With an average processing time of 12 to 16 months, it provides a relatively fast route to permanent residency compared to other immigration programs.
Support and Resources for Your Start-Up
Canada is a global leader in innovation and technology, with cities such as Toronto, Vancouver, and Montreal being recognized as top start-up hubs. In the 2020 Global Startup Ecosystem Ranking, Toronto ranked 17th, indicating a thriving start-up culture. By choosing the Start-Up Visa program, you will have access to a wide range of resources, including mentorship, networking, and funding opportunities.
The program’s connection to designated organizations ensures that applicants receive support and guidance throughout the process of establishing their businesses. These organizations play a crucial role in helping entrepreneurs navigate the complexities of starting a business in a new country, providing invaluable assistance in areas such as market research, business planning, and financial management.
Moreover, the Canadian government offers various incentives for start-ups, such as tax credits, grants, and access to government-sponsored research and development programs. These resources help create a supportive environment for immigrant entrepreneurs, positioning them for success and contributing to Canada’s reputation as a global start-up hub. Eterna’s 100% success rate in obtaining Letters of Support further demonstrates our commitment to helping our clients navigate this process effectively and efficiently.
Benefits for Families
The Start-Up Visa Program is not only beneficial for entrepreneurs but also offers numerous advantages for their families. Successful applicants’ spouses and children are also granted permanent residency, which means they can work, study, and enjoy world-class healthcare and social services in Canada. Additionally, Canada offers excellent educational opportunities, with many top-ranked schools and universities. Furthermore, Canada is known for its high standard of living, safe communities, and multiculturalism, making it an ideal place for families to thrive and create a fulfilling life together.
Canada is known for its high-quality public education system, which offers free schooling for children from kindergarten through grade 12. With a strong emphasis on inclusivity and diversity, Canadian schools provide an excellent environment for children of immigrant families to thrive academically and socially. Additionally, Canada offers excellent educational opportunities, with many top-ranked schools and universities. This means that children of successful applicants can benefit from a high-quality education that can pave the way for their successful careers.
Furthermore, Canada is known for its high standard of living, safe communities, and multiculturalism, making it an ideal place for families to thrive and create a fulfilling life together. Canada consistently ranks as one of the best countries to live in. According to the 2021 Best Countries Report ranked Canada 3rd in terms of quality of life, making it an ideal destination for families.
A Pathway to Citizenship
After obtaining permanent residency through the Start-Up Visa program, you and your family become eligible to apply for Canadian citizenship after meeting residency requirements. Becoming a Canadian citizen provides additional benefits, such as the right to vote and run for public office, as well as increased mobility with a Canadian passport.
The path to citizenship is relatively straightforward for permanent residents who have maintained their residence in Canada, meet the physical presence requirements, and demonstrate sufficient knowledge of either English or French. By actively participating in Canadian society, immigrant families can strengthen their connections to Canada and further integrate into their new community.
Citizenship also offers the opportunity for greater global mobility. A Canadian passport ranks as one of the most powerful passports in the world, providing visa-free or visa-on-arrival access to over 180 countries and territories. This enhanced travel freedom can open up new opportunities for both business and leisure.
By choosing the Canada Start-Up Visa program, you not only increase your chances of obtaining permanent residency for yourself and your family but also gain access to a thriving start-up ecosystem, world-class services, and an unparalleled quality of life. The program’s success rate, combined with the benefits it offers, makes it a compelling choice for immigrant families seeking a brighter future in Canada. Our company’s 100% success rate in obtaining Letters of Support showcases our commitment to helping our clients achieve their goals and secure their future in Canada.
This program presents a unique opportunity for entrepreneurs to build successful businesses while providing a secure and prosperous future for their families in Canada. We encourage aspiring immigrant entrepreneurs to consider the Canada Start-Up Visa as a key point to success and permanent residency and trust in our company’s proven expertise in securing Letters of Support.