Start-Up Visa Program Overview
Canada’s Start-Up Visa Program offers permanent residency to innovative foreign entrepreneurs looking to build and grow their businesses in Canada. The program connects applicants with designated Canadian partners—such as venture capital funds, angel investors, or business incubators—that provide funding, mentorship, and support.
Key Eligibility Requirements:
Meet language proficiency (CLB 5 in English or French)
Have sufficient settlement funds
Intend to live outside Quebec
Pass medical and security checks
Obtain support from a designated organization
Meet ownership rules (up to 5 applicants per business)
Investment Criteria:
Minimum $200,000 CAD from a venture capital fund, or
Minimum $75,000 CAD from an angel investor group, or
No investment required if accepted into a business incubator
Important Notes:
Personal investment is not required
Permanent residency is retained even if the business fails
A Commitment Certificate and Letter of Support must be submitted
IRCC may request a peer review to verify business legitimacy
The program is designed to drive innovation, create jobs, and grow Canada’s economy by attracting global entrepreneurial talent.
