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CANADA Immigration Guide – What You Need to Know When Applying for a Start Up Visa

Rance Vinny by Rance Vinny
October 20, 2021
in Law
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The Start Up Visa application procedure generally requires applicants to obtain endorsement from an accepted licensing authority before applying for a leave to stay or enter the CANADA. Aimed primarily at new entrepreneurs who are able to demonstrate high entrepreneurial potential and who wish to establish their own company in the CANADA, the scheme provides many benefits in terms of being eligible for a wider pool of applicants with which to compete. Nevertheless, those who intend to start a business on a limited budget are required to follow some specific rules and regulations as well.

The startup visa Canada is one of the easier visa schemes for start-up visa applicants because it does not require a prove of capital or any other collateral.

Furthermore, it only requires that applicants have a relevant business plan that sets out the methods and objectives they plan to use the funds from the scheme to achieve their goals.

As well, the application process itself can be completed online or by submitting documents via fax. Here are some quick tips on how to ensure your start-up visa application is approved.

Those CANADA citizens who are planning to present a business proposal, exhibit proof of the proposed use of the funds and present supporting evidence of their ability to employ staff members and operate a trade or business in the CANADA must work towards obtaining a Business Innovation Visa (BIV).

Although CANADA officials may be receptive to a business proposal that has been detailed in detail and clearly explained, a business that is unable to meet these requirements may face a rejection on the basis that it does not have the correct business plan or that it is offering unsolicited services.

To avoid a visa refusal and a loss of opportunities, it is best to have a firm business plan in place before beginning the planning stages. This ensures that the application is compliant with the rules of the CANADA immigration authorities and that it provides strong evidence of the applicant’s ability to meet the demands of the CANADA immigration system.

The CANADA immigration authorities will also want to have a clear understanding of the applicant’s English language skills. They are keen to see that the start-up visa applications reflect an awareness of the CANADA’s English language and culture as well as a clear commitment to English as the principal language of business.

As well, it is always a good idea to make sure you can communicate in the English language at home and abroad. For those CANADA start-up visa applicants with limited English language skills, it may even be worth considering the provision of an English language tutor to provide tuition in basic and advanced English grammar and sentence structure for the duration of the application process.

It is always a good idea to understand exactly what the start-up visa conditions and requirements are for the CANADA resident start-up visa applicants being considered for a business investment or business visa. Usually, those applications that are approved are subject to one year of investment in the CANADA.

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