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Is the Startup Visa Program (SUV) in Canada only suitable for people with executive and technology backgrounds? Are the people like ordinary office workers, accompanying parents, and traditional business operators suitable for SUV projects?
This project is not only suitable for entrepreneurs, but also for most of the people in many PNP programs. As long as you have past management experience, this program can be an option for you. We will assess your background and provide the most accurate advice.
Under SUV, is the PR application considered successful upon obtaining incubator support letter?
It is 99% successful upon acquiring the letter of support. Please note that at the time of PR submission, in addition to some regular documents, there must be: IELTS/ CLB5, WES degree certification (prepared 2 months in advance) medical examination, home settlement certificate, and Police certificate.
What are the most important requirements of the Startup Visa Program (SUV) in Canada? If the main applicant did not get the PR due to personal reasons during the PR stage. What is the impact on other applicants?
At the PR stage, if the main applicant is rejected, other applicants will not be rejected; if problems arise due to the project, the IRCC will give the opportunity to operate again.
After obtaining PR though the Startup Visa Program (SUV) in Canada, will the PR be revoked if the business fails?
As per IRCC, the PR status will not affected by the successor failure of the business.
For the Startup Visa Program (SUV), is it better to have one person or more as the entrepreneurial team?
For example: a one-person entrepreneurial team will bear the overall operating expenses of a project in operation. The operating cost of an ordinary project in Canada for a year is about 200,000 Canadian dollars. From the perspective of the Immigration Bureau, it is unlikely that one person can bear the cost, so a team of 3-5 people is generally more convincing.
Under Startup Visa Program (SUV), when applying fora joint venture in Canada, will it affect the entire team if one person is not approved?
1. In the support letter stage, the genuineness of the business is the key factor. If the main applicant obtains the support from an incubator or venture capital institution, all personnel will receive a support letter (one copy for each); 2. If you pass the support letter stage and reach the second stage, one’s refusal will not affect others people’s PR acquisition. For example, one applicant cannot provide police certificate, or there is a problem with the person’s physical examination or the whole family. These will not affect the PR of other members.
What kind of programs meet the requirements of the incubator for the Startup Visa Program (SUV) in Canada?
As per IRCC, SUV projects should focus on: 1. Technology, software, manufacturing and sales (Software Development/Sales), accounting for 74% 2. Another 24% are non-software product manufacturing and sales (Product manufacturing/ sales) 3. The remaining 2% are other services (Other-Services) such as construction services and business services
How long is the validity of the incubator support letter for the Startup Visa Program (SUV) in Canada?
During the PR application process of the Startup Visa Program (SUV), will incubators or venture capital institutions take
It is very unlikely unless the project operation does not cooperate with supervision, or engages in any illegal or criminal behavior.
Can I add or replace team members in the Canadian Startup Visa Program (SUV) after obtaining a letter of support?
No, you cannot.
Any specific requirement for the business operation?
Under the supervision of incubators or venture capital institutions, regular operation is good enough.
After obtaining the PR, does the main applicant need to enter Canada?
The main applicant needs to while the others are not required to.
Are you eligible to immigrate to Canada?
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