The SUV Program is an immigration opportunity for entrepreneurs who want to start their own business in Canada. Think of it as Shark Tank, but with professional investors and government assistance instead!
The Start-Up Visa program is like a dream come true for any entrepreneur. You’ll be able to pitch your idea and get support from investors who have made it their life’s work in helping start-up new businesses!
The Government of Canada has introduced the SUV program as a pilot in the 2013 project. It was done to encourage innovative entrepreneurs from around the world. These visas are available for those who have good ideas and can start businesses that will create jobs in Canada.
SUV program became a permanent program
Following a successful performance review of the Start-Up Visa program by Immigration Canada officials in 2017, this temporary visa option for business immigrants has been declared to be permanent. That way successful applicants are fast-tracked entry into Canada with granted permanent resident status which eventually leads them towards Canadian citizenship!
Can you apply for Start-up Visa program?
The SUV Program is a new, innovative, and groundbreaking program that will allow you to start your own business without any set financial requirements. This means anyone can apply as long they have an awesome idea for something worth doing! To be eligible applicants must meet these criteria:
- Qualifying business
- LOS from a designated organization
- Minimum level of CLB 5 in either English or French
- Sufficient, available, and transferable settlement funds
The Canadian SUV immigration program is one of the most straightforward in North America. You need to have a Designated Organization that will back your idea, and then it’s just a matter of time until you would be able to become a permanent resident of Canada!