Canada’s Start Up Visa Program is a modern program for the entrepreneurs who wish to sell extraordinarily on the foreign scale.
To obtain the permanent residency of Canada through it Start-Up Visa Program, the individual shall required to follow some of the steps.
The initial step would be to send the documents like the individual’s CV or resume, a two-page business opportunity plan that outlines the planned business offer and a page of summary of the individual’s are of entrepreneurial interest.
If the application of the individual has merit, a telephone consultation with the Canadian Business Incubator would be scheduled. Plan the strategy with the business incubator of Canada. A trip to Canada would be possible if necessary for a meeting the business incubator.
After the venture has been decided and business plan is finalized, then the business incubator of Canada would issue the Formal Acceptance Letter, Terms Sheet, and Escrow Account Agreement. The individual need to sign the agreement and transfer the fees into the business incubator’s account. The money would be held in the trust and would be returned back to the individual if the application for the visa got rejected.
The business incubator of Canada would then grants the commitment certificate and a letter supporting the work permit to the CIC. Then the individual’s application for work permit would be prepared and submitted. The time to get the work permit is 7 to 10 working days and after the work permit is granted, then the individual’s PR application is being prepared.
Along with the individual’s acceptance letter into the business incubator program for Canada, the individual should also provide the documents like IELTS Certificate, Police clearance, Medical certificate, Employment reference, education documents, proof of money to support themselves and accompanying family members.
Then the individual’s PR application would be prepared and submitted. Then the individual could move to legally incorporate their latest venture and could also schedule their residency in the business incubator program of Canada while their PR application is in process. The PR is granted within six months of time of submission.