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Quebec has confirmed the removal of the start-up and security deposit requirement under stream 2 of the Quebec Entrepreneur Program for candidates with applications already in the system. The new rules take effect as of Wednesday, March 31, 2021, following the publication of new regulations in the Official Quebec Gazette. Quebec Immigration Minister Nadine Girault
Immigrants – and especially newly-arrived ones – are more likely than other Canadians to buy businesses or set up their own, reveals a Statistics Canada report. “Recent immigrants were more likely to enter business ownership than Canadian-born individuals,” wrote Statistics Canada chief Douwere Grekou and analyst Bassirou Gueye in their report, Who Were the Men
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 immigration authorities are moving to abolish the special Temporary Foreign Worker Program (TFWP) processing reserved for candidates in the owner/operator category. As of April 1, 2021, owner/operator candidates will be assessment on the same basis as other TFWP applicants. Currently, candidates in the category are exempt from the advertising and recruitment requirements for obtaining
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.
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
Ontario immigration issued 19 Invitations to Apply in the sixth draw of 2020 through the province’s Entrepreneur Stream. The December 15 draw saw ITAs issued to Ontario Immigrant Nominee Program (OINP) candidates scoring between 140 and 200 points. Candidates who submitted an Expression of Interest between November 22, 2019 and December 10, 2020 were eligible
Quebec has announced a plan to remove the start-up and security deposit requirement under stream 2 of the Quebec Entrepreneur Program for candidates with applications already in the system. Provincial Immigration Minister Nadine Girault outlined the plan in a draft regulation published in the Gazette officielle du Quebec on Wednesday December 9, 2020. The move
Prince Edward Island has announced the results of two PEI PNP draws conducted during August. The draws saw 313 invitations issued through the Labour Impact, Express Entry and Business Impact streams. On August 20, 305 invites were issued to candidates who submitted profiles up to June 2020 who were already living and working in PEI.
1) What Is Canada’s Start-Up Visa Program? Canada’s Start-Up Visa Program offers Canadian permanent residence to qualified immigrant entrepreneurs. It is officially known as the Canada Start Up Class. But it is largely referred to as the Start-Up Visa program (SUV). The program targets innovative entrepreneurs and links them with private sector investors in
