(403) 452-9515

Ackah Law

Search Ackah Law...

Contact us

Contact Information

1 (403) 452-9515

1 (800) 932-1190

Book a Consultation

More Options...

Entrepreneur Applications for Permanent Residence in Canada

The Canadian government announced in October 2015 that Canada wants entrepreneur immigrants. Canada’s new Start-Up Visa is the first of its kind in the world, linking immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups.

Successful applicants to this program will be able to immigrate to Canada as Permanent Residents with no conditions attached to the success of their business.

Naturally, it is not as easy as proclaiming yourself as an entrepreneur and receiving immediate permanent residency. Qualifying for this program requires the following:

  • You will have to prove that a Canadian "angel investor" is committed to your business idea
  • You will have to pass standard health and security checks
  • You will have to demonstrate the ability to communicate fully in English or French. Applicants will need to take an IRCC approved language test and hit the CLB 5 benchmark in one or both languages
  • You must have at least one proven year of study at a post-secondary institution
  • You will need to demonstrate that you have adequate income to support yourself while establishing the business (as well as your family if you have one immigrating with you). You cannot borrow this money from another person. You will need to prove you have this when submitting the application.

Clearly, this means that the first step is to obtain your financial commitment by an angel investor and the Canadian government has revealed its dedication to making this program a success by collabourating with several groups. IRCC is aligned with Canada’s Venture Capital and Private Equity Association, the National Angel Capital Organization and the Canadian Acceleration and Business Incubation Association to identify the participating private sector organizations. A full list of designated organizations is made available at their website.

You will also want to spend time speaking to an immigration expert who is familiar with the new Start-up Visa program, and all other forms of visa programs.

Eligibility and Next Steps

Once you have the commitment in hand and a formal letter of support, you will need to prove that your business actually meets the formal ownership requirements. Currently, up to five people can apply for a visa as the owners of a single business. They must each have ten percent control and the designated organization (the angel investor) along with the applicants must have more than 50% voting rights as well. This must be shown when submitting the application along with the financial ability of the applicants.

You can obtain an application package from the IRCC online, and it can be completed using a computer. You can learn about this at the Start-up Visa application page.

Naturally, it does take a lot of planning, and the first step is to be sure you can obtain solid financial backing and support through a designated organization. Once you have that letter of commitment, it is simply a matter of meeting the visa eligibility guidelines. Then you can be on your way to business ownership in Canada as a Permanent Resident.

Contact us today at (403) 452-9515 Ext. 100 or 1-800-932-1190 or email us directly.

Huffington Post Interviews Immigration Lawyer Evelyn Ackah on #Megxit: Meghan Will Likely Sponsor Harry to Come to Canada: Experts

Immigration lawyer Evelyn Ackah spoke to Huffington Post about #Megxit and how Brits can move to Canada: "What’s valued in immigrant workers is the dedicated experience they can ...

Read More

Canada Business Visas for Investors

Many people want to move to Canada for new opportunities. Canada is a warm and friendly country that welcomes skilled and educated newcomers who will help strengthen our economy. ...

Read More

Alberta Cancels Student Summer Employment Program

A spokesperson for Alberta Labour Minister Jason Copping said the government is eliminating the Summer Temporary Employment Program because it wasn't an efficient use of funds. ...

Read More

Alberta Immigrant Nominee Program (AINP) Introduces Processing Fees

People and businesses across the globe want to move to Alberta, Canada. The Alberta Express Entry Stream reviews candidates in the federal Express Entry pool including tech immigrants ...

Read More

Will the new REAL ID Impact My Travel to America?

The United States' new REAL ID requirements driver's licenses and other photo identification cards go into effect on October 1, 2020, when U.S. travelers will need a "REAL ID-compliant" ...

Read More

Canada Needs Business Immigrants

Statistics Canada reported that Canada’s population reached 37.6 million people as of July, an annual growth rate of 1.4% — or about 531,000 people. This is the largest annual growth ...

Read More

Featured Resource

Ackah Law Passport

We smooth your way to new opportunities. At Ackah Business Immigration Law, we guide you through the immigration journey to your desired destination. Our innovative legal practice ...

View Resource

I used the service of Ackah/ Business immigration Law for a TN work visa in the U.S. Both Sacha and Evelyn were professional and helpful in obtaining the visa and the border was smooth and not stressful. I would recommend their service to anyone requiring any help with Visa’s and cross border issues. Thanks.

– Warren Sharp

View All Testimonials