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Canada Residence by Investment - The Canada Start-Up Visa (SUV) Program

The Canada Start-up Visa, popularly known as the SUV program presents foreign entrepreneurs with the opportunity to create and set up a unique business in Canada and apply for permanent residence. The SUV immigration program is one of the simplest means for skilled entrepreneurs and investors to live, work, and get settled in Canada.

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    This program is ideal to avail a Work Permit or attain permanent residency for business owners and entrepreneurs. According to the SUV Program, up to 5 founding partners of an innovative business can become eligible for an open work permit for up to 3 years. Moreover, the applicants qualify for permanent residency in Canada via this program.

    Investors and business owners have the advantage of tax benefits while applying for a Start-Up Visa for Canada. The Canada Startup Visa Program was designed for immigrants, so they can establish their business in Canada. The eligible applicants can apply for temporary work permits to settle in Canada.

    Canada Migration

    Canada Start-up Visa (SUV)

    Here are the key features of the Canada Start-up Visa:
    Here are the two main investment options the investors need to know to apply for the EB5 visa:

    Commercial Enterprise

    There are different investment options for the applicants. Apart from investing $1,000,000 in a new enterprise within particular commercial regions, the applicants have to actively manage the daily operations in all aspects of the business.

    Regional Center

    This option requires the applicant to invest $800,000 in a government-approved project that generates jobs for US citizens. The applicants can live anywhere in the country. There is no restriction for living in the state where they have invested.

    Investment Options for Canadian Citizenship by Investment

    Investment options the applicants should take into consideration for the successful attainment of an Investment visa Canada:
    Additional fees apply for government fees, optional consulting, business structure, immigration, and document filing and processing.

    Designated Organizations

    If the investor or the entrepreneur does not have sufficient funds to have the required capital, they can get funding from a Designated Organization.  These organizations are significant in the Canadian Startup Visa program for investors. The Canadian government approves these organizations so they can support and nominate foreign entrepreneurs for the Canada Startup Visa program.

    Angel Investor Groups

    The Angel Investment funds offer essential financial support and mentorship within the framework of the SUV to budding businessmen and investors worldwide. The angel investors fuel capital into these businesses and offer worthy expertise and guidance to the investors to grow their businesses in the Canadian market.

    The minimum investment required for Angel Investment Groups is $75,000. An important thing to remember is that these are high-risk investments and can lead to loss in capital.

    How Does the Canadian SUW Work?

    Canada – An Overview

    Over the years, Canada has emerged as an attractive spot for aspiring entrepreneurs. The Canada Startup Visa program implemented by the Federal government has been instrumental in getting more people to invest in Canada for citizenship. The country is well known for its high standard of living, clean environment, low crime rate, and excellent infrastructure. Therefore, the country is often voted as one of the best countries in the world to live in.

    Canada takes up a major area of the northern portion of North America. The country covers a huge expanse of area from the Atlantic in the east to the Pacific in the west and the Arctic in the north. If we include the water, Canada is the second largest country in the world after Russia. The county is one of the wealthiest nations in the world and has a high per-capita income.

    Canada is a member of the OECD and Group of Eight. It is a mixed market and ranks higher than the USA and most European nations on the Heritage Foundation’s Index of Economic Freedom. The country has been experiencing a booming economy and growth. The unemployment rates are low and there are ample opportunities for foreign investors and immigrants.

    If you live in the Emirates and wish to obtain a Canada passport by investment, DM Consultants is at your service. We offer professional investment and immigration services and help acquire citizenship in different countries. We can help you get a Canada investment visa and secure a promising future for yourself and your family. We offer impeccable support and guidance to our clients.
    Rest assured of a smooth and successful application. Get in touch with DM Consultants for a free consultation today about Canada residence by investment from UAE. We offer our services in Dubai, Abu Dhabi, and Sharjah.

    PROVINCIAL NOMINEE PROGRAMS

    Eligibility Criteria for Investing in Canada for Citizenship – Start-Up Visa Program

    If you are an entrepreneur with a unique idea, then your out-of-the-box thinking can make you eligible for Canada residency by investment via Start-Up visa program.

    Here are the eligibility requirements an applicant is required to fulfill:

    Documents Required For the SUV Program Application

    The following list of documents are needed to apply for the SUV program for investing in Canada for citizenship:

    Step-by-Step Process of Start-Up Visa for Canada Residence by Investment

    There are several steps involved in applying for Citizenship by Investment CanadaStartup Visa.

    It is important to designate an authorized representative to apply on behalf of the applicant so the process is well-managed and timely processed.

    Language Requirement

    Provide proof of language proficiency and collect other personal documentation mandatory for the application. Language must be English or French at CLB level five.

    Submission

    The last critical step is submitting the application form, support documents, and fees to pursue the SUV.

    The applicants can establish and expand their business in Canada if all the requirements are fulfilled and the necessary documentation is provided. The general success rate for the SUV program is above 75%. The approval rate varies based on the type of designated organization.

    Certificate of Commitment

    The second important step is acquiring a commitment certificate or letter of support from a business incubator, venture capital fund, or an angel investor group. These are called the designated organizations. To get a letter of support, here are the steps:

    Benefits of Residence by Investment in Canada – SUV Program

    A high standard of living

    Open to all nationalities

    High-quality education and healthcare

    The family included in the application

    Visa-free entry to many countries

    Multicultural and tolerant environment

    Great for business due to access to the entire North American market

    No limitations on business activities in Canada

    Minimal education requirement

    Allows partnership of 5 individuals

    Relocate to Canada by getting a work permit while the application for permanent residence is being processed

    DM Consultants –Canada Residence by Investment from Dubai

    Here are the key reasons DM Consultants is your best option to get expert professional services and guidance regarding investment in Canada:

    Comprehensive Tailored Solutions

    We offer detailed solutions customized to each individual’s unique needs and goals. Our experts can provide valuable advice and solutions after listening to your goals and expectations and then give you detailed information regarding all immigration and investment procedures and programs.

    Extensive Support Throughout

    We are driven to achieve client satisfaction. We ensure that our clients make the best decision based on our knowledge and expertise.

    Reliable Services at Affordable Fees

    We have years of experience and expertise in the field. You can count on us to successfully submit your application and keep our service charges affordable for our clients.

    Timely Results

    Our team is passionate about delivering results and maintaining efficiency. We are punctual during the application process to ensure that everything is done on time and gets positive results.
    Come join us and together we can embark on a journey for your prosperous future. Get in touch with DM Consultants today to learn more about residency and investment programs.

    FAQs

    The Canada Startup Visa allows foreign entrepreneurs to start businesses in Canada and apply for PR.
    Applicants have to spend at least 730 days in Canada within a 5-year period to maintain their residency status.
    Yes, the investors can apply for Canadian citizenship after maintaining a residence for three years within a five-year period.
    Yes, the Canada SUV is an easy way for investors and entrepreneurs to set up their businesses in Canada and become Canadian permanent residents.
    The applicants must opt for a qualifying investment, prepare a business plan, and get it approved by a designated government business organization. Then, the application and required documents should be submitted and follow a due diligence process.
    The spouse and children of the main applicant qualify as dependent family members. The children have to be under the age of 22.
    Usually, the processing time for the SUV program is between 24 to 36 months. You can increase or reduce delays by submitting an application that ticks all the boxes with all the required documentation.
    No, there is no requirement for you to travel or reside in the country. However, since the program requires entrepreneurs to manage their businesses, you may have to stay in Canada and fulfill the requirements after getting approved.
    No, there is no need to submit the source or path of funds. The applicants only need to show that they have sufficient funds to meet the requirements.
    Yes, you have to achieve at least CLB (Canadian Language Benchmark) 5 in reading, writing, listening, and speaking. You have to include the language test results along with the application forms.
    The businesses that are most in demand in Canada are:
    • E-commerce
    • Finance
    • Healthcare
    • Real estate
    • Software
    Applicants attain the right to live, work, and study in Canada, access world-class education, excellent healthcare services, high quality of life, and visa-free travel to many countries.
    If your business fails, your permanent resident will not be affected. The authorities are well aware that there is always a risk and not all businesses can succeed.