Other RCBI Program

Canada

Canadian Start-Up Visa (SUV) Program

The Canadian Start-Up Visa Program (SUV) is a federal government program designed to attract innovative entrepreneurs from around the world to start businesses in Canada. The program is intended to provide a fast-track path to permanent residency for individuals with the skills, experience, and resources needed to establish a successful business in Canada.

To be eligible for the Start-Up Visa Program, an individual must have the support of a designated organization, such as a venture capital fund, angel investor group, or business incubator. These organizations must be pre-approved by the government to participate in the program, and they must provide support and investment to the start-up in exchange for an equity stake in the business.

The application process involves submitting a business plan, demonstrating that the business is scalable and has the potential to create jobs, and meeting other eligibility criteria established by the government.

The average time of processing is 12-18 months(subject to change).

  1. Permanent residency and chance of eventual Citizenship: The Start-Up Visa Program provides a fast-track path to permanent residency in Canada. This means that successful applicants can live and work in Canada on a long-term basis and eventually apply for Canadian citizenship.
  2. Entrepreneurial opportunities: Canada is a thriving market for start-ups and innovative businesses, and the Start-Up Visa Program provides a unique opportunity for entrepreneurs to launch their businesses in Canada and take advantage of the country's thriving entrepreneurial ecosystem.
  3. Access to funding: The Start-Up Visa Program requires support from designated organizations, such as venture capital funds, angel investor groups, or business incubators. This means that successful applicants have access to funding and other resources that can help them establish and grow their businesses in Canada.
  4. Quality of life: Canada is known for its high standard of living, excellent healthcare system, and welcoming culture, and obtaining Canadian residency through the Start-Up Visa Program provides entrepreneurs with access to these benefits and more.