Canada’s start-up visa program gives entrepreneurs the opportunity to immigrate to Canada in order to establish a new business. Immigrant entrepreneurs must demonstrate that their business is original, will create new jobs for Canadians, and can compete on a global scale. There are four requirements you need to meet in order to be eligible for a Canadian start-up visa:
You must take a language test from an approved agency and show that you meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in speaking, reading, listening, and writing.
Canadim can help guide you in how to show proof of funds. You will need to demonstrate that you have enough money to support yourself and any dependents once you arrive in Canada. The amount you need depends on the size of your family.
The amount you need depends on the size of your family. We update these amounts every year.
Number of family members | Funds required (in Canadian dollars) |
---|---|
1 | $13,757 |
2 | $17,127 |
3 | $21,055 |
4 | $25,564 |
5 | $28,994 |
6 | $32,700 |
7 | $36,407 |
If more than 7 people, for each additional family member | $3,706 |