How to Submit a Start-up Visa Application for Premanent Residency (PR)?

Canada is the land of opportunity and offers a range of opportunities to those who wish to establish their business in Canada and the Canada’s Start-up Visa Program is one of the best options. With the help of this program, international business owners who launch and successfully run start-up businesses can earn permanent residence in Canada but sometimes people get confused about how to submit a start-up visa application for permanent residency.

So, Entrepreneurs must follow these steps when applying for Start-up visa application for permanent residency:

Step 1: Complete the Application and Assemble the Necessary Documents

Applicants for the Entrepreneur Visa Canada must then download the application package for this program from the Government of Canada website. They can then complete the required documents and assemble the necessary documentation for their application.

Step 2: Obtain a Support Letter

Prospective business owners must first obtain a letter of support from a designated organization that is prepared to provide financial support for the startup. This will help you a lot for start-up visa applications.

Step 3: Payment of the Application Fees

Candidates for startup visas must make an online payment for the application fees. These charge categories consist of the following:

• Processor Charges
• Fee for Permanent Residence Rights
• Fees for Biometrics

Step 4: Submit the Startup Visa Application

After completing all of the preceding processes, the Startup Visa applicant can mail their application to the postal address indicated in the instruction manual.

Step 5: Complete the Medical Exam and Submit Your Biometrics

After that, IRCC will get in touch with the Startup Visa application and request their biometrics. This includes taking fingerprints and current pictures at a certain location. Additionally, a medical examination will be required of the candidate.

Step 6: Making a Decision

After reviewing the entrepreneur’s Startup Visa application, IRCC will decide whether it will approve it or not. The entrepreneur will receive a visa and a Confirmation of Permanent Residence if they approve the application. These will allow them to enter Canada and establish their businesses.

Requirements for Startup Visa Program Eligibility

Applicants must meet the following requirements before applying for the same. These requirements are listed below:

1. You Must Own a Qualifying Business: 

The business owner must be able and willing to launch and run a company in Canada.

2. Having the Necessary Language Skills:

Applicants must be proficient in English or French language if they want  to apply for start-up visa applications.

3. Possess a Letter of Support from a Designated Organization:

An organization that has been chosen must consider the entrepreneurs’ business proposal and provide financial support.

4. Provide Evidence of Funds:

The business owner must prove that they have the proper funds to support themselves while starting their start-up in Canada.

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