Anybody who wants to settle permanently in Canada through their startup can apply for a startup visa program. This program is available for any entrepreneur businessman who has an investing idea in Canada. The program connects entrepreneurs with investors in Canada by welcoming these candidates in Canada through a work permit. These candidates come to Canada by having a back from their launcher or investor. The important thing that a person must remember before applying for a startup visa program is that the candidate should apply for a permanent resistance in Canada.
If you are willing to get a permanent resistance in Canada through your business, it should qualify some criteria. After qualifying all the conditions, the entrepreneur gets permanent resistance within 12 to 18 months. The entrepreneurs can also get an investor visa canada cambodia by collaborating with a startup company-related natively to Canada. The terms and conditions that must be satisfied are that your business idea should be innovative; your business should provide jobs and be competitive on an international level.
Check Out The Basic Requirements Of Startup Visa Program Canada
Here, you could check out the basic requirements you should complete before beginning a startup plan in Canada. The eligibility criteria, qualification of your business, and your partner lying company all matters when you are applying for the SUV program.
- Must-Have A Qualifying Business
This is the first thing you should have; it is obvious that you are going there to start a business; therefore, you should have a qualifying business. For qualifying business, you should ensure that the organization and all the applicants hold more than 50% of the share. Besides this, all the organizations playing a major role in the business should be in Canada physically. After getting your permanent residence in Canada, you should set up office regards to your business.
- Get Support From A Designated Organization
When you are opening your startup or collaborating with any startup company in Canada, you need to get support. You could get support from investors or the capital holiday is in Canada. You could easily get support by proposing your business program among various organizations and telling them it’s worth it. If you can give a presentation that could impress the organization, you would surely get the support. Therefore, it is essential to focus on your business idea before you apply for the SUV program.
- Never Go Out Of Money
This is the basic thing that you must remember when starting a business either in Canada or in your own country. The only thing that changes is that you would require more money in Canada. You should have sufficient money to start your business, have enough money to settle in Canada, and maintain a living standard in the country. Money is the essential thing you would require, but the amount could change according to the type of business you choose.
These were some of the essential requirements that a person must complete before starting a startup program in Canada. If you are not completing all the requirements, your file would be rejected at the first step.