Business

Globalduniya immigration are leaders in Business immigration field. OurProfessional team is specially trained to facilitate of business immigration for ultimate permanent residency of Canada.

You might be knowing that Canada welcomes successful business people who are seeking new opportunities and challenges. The Business Immigration Program in Canada is designed to encourage and facilitate the admission of individuals like you. Both the federal and provincial/territorial governments welcome business immigrants and offer services to help immigrants start a business and settle in Canada.

Business Immigration Program- Startup

Eligibility criteria

 

For your application to be eligible for processing, you must:

  • have received a Letter of Support from a designated entity
    and
  • meet the language requirements
    and
  • have sufficient settlement funds (transferable and available funds, free of debts or other obligations and excluding any investment made by a designated entity into their business)

What are the requirements for applicants under the Start-up Business Class?

Your application to come to Canada under the Start-up Business Class will be assessed on a pass/fail basis against three requirements. The three requirements are:

  • Requirement 1:  Commitment from a Designated Entity
  • Requirement 2:  Ability in English, in French or both
  • Requirement 3:  Settlement Funds

If you meet all three requirements indicated above, then you may qualify to immigrate to Canada under the Start-up Business Class.

Below are detailed descriptions of all the requirements that are to be assessed. Carefully review the following information and then decide if you want to apply under this class.

Requirement 1: Commitment from a Designated Entity

Private sector organizations demonstrate their support of your business idea by providing you with a Letter of Support which details the commitment they are willing to make towards your new business. They will send further details in the form of a Commitment Certificate directly to IRCC for assessment.

For your application to be eligible for processing, you must have received a Letter of Support from:

  • a designated angel investor group confirming that it is investing at least $75,000 in a qualifying business or two or more designated angel investor groups confirming that they are together investing a total of at least $75,000 in such a business, or
  • a designated venture capital fund confirming that it is investing at least $200,000 in a qualifying business or two or more designated venture capital funds confirming that they are together investing a total of at least $200,000 in such a business, or
  • a designated business incubator which confirms that it accepting a qualifying business into its program.

What to do with the Letter of Support once you have it?

You must include your Letter of Support with your application. If you do not, your application will be returned to you as incomplete.

Where to obtain a Letter of Support?

Consult the list of designated venture capital funds, angel investor groups and business incubators.

How long is the Letter of Support valid for?

Each Letter of Support is valid for a period of six months from the date it was issued. This means that we must receive your application for permanent residence under the Start-up Business Class within six months of the Letter of Support being issued.

Requirement 2: Ability in English, in French or both

The ability to communicate and work in one or both of Canada’s official languages is very important to you as a business immigrant. Proficiency in English, French or both will help you in the Canadian labour market.

You meet the language proficiency requirement for the Start-up Business Class if you have a level of proficiency of at least benchmark level 5 in either official language for all four language skill areas, as set out in the Canadian Language Benchmarks and the Niveaux de compétence linguistique canadiens.

You will be assessed on the following language skill areas:

  • listening,
  • speaking,
  • reading, and
  • writing.

You must provide proof of your language proficiency with your application.

Proof of language proficiency

For your application to be eligible for processing, you must include a copy of the results of one of the following language tests from a testing agency designated by IRCC with your application:

English

French

Note: Your test results must not be more than two years old at the time that you submit your application.

Official language testing

To prove your language skills, you must take a language test given by an agency that is approved by IRCC, and include the results with your application.

Requirement 3: Settlement funds (money required to settle in Canada)

The Government of Canada does not provide financial support to business immigrants.

You must also show that you have enough money to support yourself and your family after you arrive in Canada.

The money must be available to support the costs of living for yourself and your family. The amount is an estimate of what you would require to support yourself and your family without employment or other income. The funds must be:

  • available and transferable
  • free of debts or other obligations.

You cannot borrow this money from another person.

Globalduniya Immigration has a dedicated team to handle and support Business immigration case. Being RCIC, You will be in Safe hand and we will do all to see that you establish you business well in Canada. You do business,and we will take your immigration responsibility. Our system are design to have higher success rates. Do book your consultation Now and step forward in right direction.