Canada is a fascinating destination to start a business. Phoenix GRS is the Top Visa Consultants in Bangalore, we will provide you details about Canada Immigration, Canadian Start Up Visa and we are the best Canada PR Visa Consultant.
Being so close to the continental United States, Canada has always been a trader’s paradise. The availability of skilled labor & abundant natural resources such as timber, gas, oil and proximity to the US make it a business hotspot.
The country also has easy to understand laws and a welcoming culture, making Canada a treat for budding entrepreneurs. Therefore, the Startup Visa for Canada can be an excellent stepping stone towards success.
Benefits of a Canada Startup Visa
- A Start-up visa is considered the quickest way to gain PR in Canada. On the other hand, people entering through traditional immigration programs must obtain a Temporary Travel Visa or work permit before applying for PR.
- The Canada Startup Visa Program process is much less complex than traditional immigration programs.
- You can continue to work in Canada while your application is being processed.
- The Canada Startup Visa permits you to set up your business anywhere in Canada, except Quebec. Quebec has its own immigration authority and the procedure is different from others.
- You can get a lot of support from angel investors, Venture capital firms & incubators if you have a proven business concept.
How Can You Apply for the Canada Start-up Visa Program?
If you want the application & approval process to go smoothly, you can apply through an immigration consultant. However, the agency must be recognized by the Regulatory Council of Canada. Phoenix GRS is an immigration agency & Top visa consultants in Bangalore.
Here are the 4 steps you need to ensure to apply for the visa:
- Submit a unique business idea to the designated organization that can support your start-up.
- If the organization assures their support, request a letter of support from the organization. The organization must also submit a certificate of commitment to the Canadian government.
- You can get further information from the list of designated organisations about pitching ideas.
- Once you have received the letter of support and have met the eligibility criteria, you need to submit the application form to the authority.
Is it possible if a group of people apply for a Canada Start up visa?
Yes, definitely
Canadian immigration laws permit up to 5 individuals to apply for a single Canada start up visa. All partners must declare themselves as the owner of the same company. Typically, the designated organization reviews the application & selects a significant business owner. A key person is the most important person without whom the project cannot survive & of course the designated organization would not support or invest in it. If the authority rejects the application for essential Person, the other person’s request will be automatically cancelled.
Conclusion
Canada offers attractive corporate tax rates ranging from 2% to 16%. In addition, if you decide to apply for a Canada start up visa, there is no need to invest anything. Initial funds typically come from the designated organization. , if your business does not remain in existence, this will not affect your PR status.
If you want to stay ahead in the race for a start up visa & permanent residency in Canada, choosing Phoenix GRS, an ICCRC-registered immigration consultant and also it is top visa consultants in Bangalore, this can be your best option. Our team of experts provide timely and top quality support to ensure fast Canada Startup Visa approval.
