Why Choose the Canada Startup Visa Program Instead of Other Entrepreneur/Business Immigration Program Options?
07 February 2025 | Canada
The Canadian Start-up Visa Program, often known as SUV, for direct permanent residence (PR) to Canada. The SUV program, launched in 2013, aims to attract potential entrepreneurs from any part of the globe to Canada. The ultimate goal is to create more jobs, promote economic growth, and boost general creativity in the country. For suitable applicants, the program offers a road to permanent residency. We’ll look at the primary elements that influence why some people choose the Startup Visa program.
We at Simard & Associates are experts in the Canada Start-up Visa Program. We will guide and help you through the endorsement letter or Letter of support process, as well as the whole immigration process, which includes work visas and permanent residency.
Would you like us to check your eligibility for Canada Start-up Visa Program?
Please get in touch with us and our experts will guide you!
Why Should I Consider the Canada Startup Visa Program?
Age Locking for Dependents
- The Startup Visa is the most secure way to lock in the age of an applicant’s dependent children.
- When you apply for permanent residency, your child’s age is ‘locked’ in time. Why is this important? Assume your child is under the age of 22 when you file your PR application. However, by the time the PR is accepted, which might take up to two years, your child may have turned 24. They can continue as part of your PR application as long as they are not married and financially dependent on you, as this locks in their original age at the time of application.
Quick Application Process
- Even if you’ve never been to Canada before, the SUV program offers the shortest business immigration program application. No other Canadian business or investor immigration program allows you to submit an application for direct PR from overseas in a matter of days or weeks, depending on how quickly you can put your application together after receiving your letter of support.
Flexibility of Location
SUV is the only program that allows applicants to choose their preferred destination while awaiting a PR decision. This is especially useful for candidates with work permits who need to handle the complicated process of settling family members in Canada, such as children with study permits or a spouse with an open work permit. Unlike other PR programs that require applicants to remain in Canada, perhaps sacrificing earning prospects overseas, the SUV program allows them to travel between Canada and their home country for professional purposes.
The SUV program offers applicants three flexible options:
- Stay overseas until the decision on Permanent Residency becomes finalized.
- Apply for optional work permits to enter Canada with their families and stay until the final PR decision is issued.
- Apply for the optional work permit and travel back and forth between Canada, with no need to stay until the IRCC makes the PR decision.
Opportunities to Work with a Group
- The Startup Visa program enables friends and family members to immigrate jointly. Adult children (over the age of 22 with education and job experience) can be co-founders, as can work colleagues or even siblings, all of whom can apply under the same Startup Visa group. This allows for the pooling of resources, making an investment channel more appealing to a wider range of candidates.
- The essential is that the profiles match and are relevant to the Startup Visa concept that the entrepreneurs are launching in Canada.
Less Mandatory Requirements
- Unlike other of the entrepreneur programs, the SUV program does not impose mandatory net worth limits, formal age restrictions, minimum education requirements, or geography constraints.
Prior Visa Flexibility
- Unlike other programs like C10/C11/ICT and the provincial entrepreneur program, applicants to the Startup Visa program do not need to enter Canada prior to applying, increasing their chances of being approved.
- As long as all visitor visa refusals have been disclosed on the immigration documents, it won’t harm the applicants’ PR application if they had previously been denied one.
Why You Should Choose Simard & Associates as Your Immigration Lawyer?
At Simard & Associates, we bring expertise, dedication, and a personalized approach to every immigration case. With a proven track record of success, we guide you through the complexities of immigration law with confidence and care. Our team is committed to providing tailored solutions, ensuring your application process is smooth, efficient, and stress-free. Whether you’re pursuing residency, citizenship, or visas, Simard & Associates is your trusted partner for achieving your immigration goals.
For more details & questions, Kindly contact us and one of our Immigration Consultant & Immigration Lawyers will respond to you.
Latest Immigration News
- All Posts
- Immigration News
- Latest News
- Uncategorized
- 最新动态
- 最新動態
- 未分类
- 未分類
- 移民新聞
- 移民新闻
Share this post:
GET IN TOUCH WITH US
Simard & Associates helps clients apply for citizenship and residence under the applicable programs. To schedule an initial free consultation, get in touch with us.
GET IN TOUCH WITH US
Simard & Associates helps clients apply for citizenship and residence under the applicable programs. To schedule an initial free consultation, get in touch with us.
