Canada is doing a better job of attracting immigrant entrepreneurs through the Start-Up Visa program than the United States, according to leading American business magazine Forbes. “While America has tried and failed to pass a Start-Up Visa geared toward immigrant entrepreneurs for years, Canada is one of two dozen countries, including the U.K. and Singapore,
Immigrants moving to Canada need to have a minimum amount of settlement funds under the Start-Up Visa program. This money cannot be borrowed. Ottawa does not provide immigrants arriving under Start-Up Visa program with any financial support. Importantly, applicants must have sufficient finances to fund their start up project. Receiving support from an Angel Investor
International graduates who were not one of the applicants for Canada’s new pathway to permanent residency should consider the Start-Up Visa alternative. When Canada’s one-time pathway to PR for 40,000 international graduates went live last week, the spots were filled in just over 24 hours. While more spaces may or may not become available under
Tech start-ups in the United Arab Emirates are among the darlings of global investors and that means many of them could expand and gain even greater access to Canadian markets through the Canada’s Start-Up Visa program. “Funding that went into United Arab Emirates (UAE) tech companies grew 10 times in just two years, to US-$1
Canada’s Start-Up Visa Program is an increasingly popular way for Hong Kong residents to gain permanent residency in Canada – a trend that is holding true despite the global COVID-19 pandemic. Immigration, Refugees and Citizenship Canada figures show this entrepreneurship program allowed 20 Hong Kong residents to become new permanent residents of Canada in 2018.
Nigeria is a leader for entrepreneurship with more technology hubs than any other country in Africa and booming with start-ups that could benefit from access to Canadian and American markets through Canada’s Start-Up Visa program. In its Global Start-up Ecosystem Report 2019, the Startup Genome research and advisory organization listed Lagos, Nigeria as one of
Foreign nationals hoping to immigrate to Canada in 2021 will be able to take advantage of five ways to gain their permanent residence once Covid-19 border restrictions are lifted. Certainly, the country is eager to boost its levels of immigration. During the pandemic, Canada’s federal government increased its immigration targets for the next three years.
The Asian countries of India, China and the Philippines are sure to once again be the top three most important sources of new permanent residents to Canada in the coming year as Covid-19 vaccines are rolled out and travel restrictions fall away. Before the pandemic hit and caused immigration to Canada to slow to a
Small and medium-sized businesses in Canada are looking to spend more on technology as the Covid-19 pandemic draws to a close and that will spell opportunity for immigrant entrepreneurs in the Start-up visa program. “Nearly 40 per cent of Canadian SMEs plan to invest in technology in 2021, which should benefit the sector,” writes Pierre
Tech start-ups are booming in India and mean the country is replete with companies that could benefit from access to Canadian and American markets through Canada’s Start-Up Visa program. Bain and Company, a management consulting firm to Fortune 500 CEOs, pegs the number of start-ups in India at almost 80,000 in its India Venture Capital