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Rank #31
Canada

Canada

LocationNorthern America • UTC-4 • America/Toronto
Monthly Cost
$1,890
-14% vs USA
Internet
153 Mbps
Mobile Avg

Start-Up Visa

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For entrepreneurs who want to start a business in Canada. Requires support from a designated organization.

Min. Income

CAD 50,000/year

Per Applicant

Min. Income

Processing

12–16 Months

Average Time

Processing

Validity

5 Years

Initial / Renewable

Validity

Citizenship

3 Years

Years to Apply

Citizenship
Info

Eligibility & Required Docs

Eligibility Requirements

  • CheckmarkHave a qualifying business
  • CheckmarkSecure a commitment from a designated organization
  • CheckmarkMeet language requirements
  • CheckmarkHave sufficient settlement funds

Required Documents

  • CheckmarkLetter of support from a designated organization
  • CheckmarkProof of business ownership
  • CheckmarkLanguage test results
  • CheckmarkValid passport
Info

Residency Rules

Taxation

Residents are taxed on worldwide income. Non-residents are taxed only on Canadian-source income.

Physical Presence

Must be physically present in Canada for at least 730 days in the last 5 years to maintain permanent residency.

Info

Advantages

  • Opportunity to start a business in Canada
  • Pathway to permanent residency
  • Access to Canadian markets
Info

Disadvantages

  • Requires business support from a designated organization
  • High competition for limited spots
  • Complex application process

Compare with

United StatesEB-5 Immigrant Investor Program
United KingdomInnovator Visa
AustraliaBusiness Innovation and Investment Visa