Visa Details
Canada offers a range of Business Visas to facilitate trade by allowing entrepreneurs, executives, and professionals to conduct business in the country for a limited time. Visitors with a Canada Business Visa can do the following:
- Visit Canada with the intention of doing business.
- Join trade shows and seminars.
- Prospective customers are addressed, and new orders are placed.
- Attend a training session in Canada hosted by your company.
- You can stay in Canada for up to 6 months on a Canada Business Visa.
Documents Required
The below-mentioned documents are required to apply for a Canada Business Visa:
- Passport information and travel history
- Documentation from the past
- Your company's documents
- Documents demonstrating that you will not be staying longer than the allotted time
- Fees for the consulate and a completed application
- Suitable medical insurance
Canada Startup Visa Program
Qualified immigrant entrepreneurs can apply for permanent residency in Canada through the Start-Up Visa Program. The Canada Start-Up Class is the official term for it. However, it is more often known as the Start-Up Visa program (SUV). The initiative aims to connect innovative Canadian entrepreneurs with private sector investors who can help them launch a new firm. Candidates can come to Canada on a work permit backed by a designated Canada-based investor, then qualify for permanent residence after their firm is up and running. There are three sorts of investors in the private sector:
- An angel investor
- A venture capital fund
- Business Incubator.
The initiative, which began as a three-year experiment, was declared permanent on March 31, 2018. So if you are a non-Canadian who wishes to set up a business or enterprise in Canada, you can apply for a startup visa. This initiative encourages immigrant entrepreneurs to expand their enterprises in Canada. Successful candidates can develop collaborations with commercial businesses in Canada to acquire funding and business expertise. However, certain guidelines for a startup's ownership and shareholding requirements are included in this visa programme.
Documents Required for Canada Startup Visa Program
- Have proof that the company has the necessary resources.
- Ownership requirements must be met.
- Must be able to communicate in English or French.
- At least one year of post-secondary study is required.
- Must be able to settle in Canada and sustain dependent family members with sufficient income.
- Medical exams and security standards must be passed.
What Is a Start-up Visa Program Designated Entity?
A designated entity is a Canadian angel investor, venture capital fund, or company incubator in the private sector. The obligatory commitment must meet the below-mentioned requirements:
- A designated angel investor group must make a minimum investment of $75,000 in the qualifying company. Candidates can also qualify if they have a total investment of $75,000 from two or more angel investor groups.
- A designated venture capital fund must confirm that it is making a minimum investment of $200,000 in the qualified company.
- Candidates can also qualify if they have two or more pledges totaling $200,000 from specified venture capital funds. The applicant must be accepted into the business incubator program of a designated business incubator.
Procedure to Apply for Visa
To obtain a business visa for Canada, an applicant must first gather all of the documentation recommended by the Canadian government and listed in this guide. However, until the government of Canada recently introduced an online approach, the process for obtaining a Canadian business visa was entirely offline. The steps outlined below will assist you in completing the procedure.
- The Canada business visa application form must be filled out online in addition to the offline process.
- An applicant may be required to attach all essential documents to the application form and send it to the embassy once it has been completed.
- After the application form is submitted to the embassy, the embassy must cross-check or authenticate the information provided in the application form for at least 30 days.
- To obtain a business visa for Canada, an applicant must first gather all of the documentation recommended by the Canadian government and listed in this guide. Until recently, however, the application for a Canada business visa was completed entirely offline. All business-related papers mentioned and attached in or to the application form are verified by the embassy. An applicant must carefully fill out the bank-related information.
- It is also recommended that you bring an invitation letter from any Canadian firm inviting you to visit for business purposes.
- After your application form is approved, embassy authorities will contact you to schedule a biometric appointment at the embassy/consulate or any of its designated visa application centers.
- After completing the biometric purpose, an applicant may acquire the visa within 30 days of applying.
- Because this is a sensitive procedure, it is recommended that you apply for a Canada visa through a professional. BTW, which is made up of a team of professionals, can help you with this entire process and make it as painless as possible.
- It is critical to submitting a proper application with accurate documents and information to avoid having your visa denied. Your future travel plans may be jeopardized if you are denied a visa.