Canada Start-up Visa

SUV has the following benefits and advantages over other Canada permanent residence (PR) visa pathways.

Here are a few tips to get you started:

• No age limits
• No minimum qualification
• Only minimum English language requirement of CLB5 or General IELTS 5
• No designated capital investment for the main applicant or each member of the team (up to 5 members) – we recommend CAD40,000 as a medium amount for SUV capital investment which is much less than other PNP entrepreneur programs which require CAD200,000 or more
• The main applicant / each member of the team and their dependent spouse and children may work, live and study anywhere in Canada as it is a federal direct PR program.
• As PR of Canada, the applicants and their family members enjoy all social and health benefits, free public-school education for the children and no foreign homebuyers tax.
• 3 years open work permit allows the applicant and spouse to work anywhere with any employer in Canada to earn their monthly salaries to support their family while waiting for their SUV PR decision.

Unlike the federal or provincial skilled / entrepreneur programs which are points and business performance (including designated capital investment, no. of full-time jobs of Canadian PR / citizens created, sales achievement etc.) based for the PR application decision, the SUV PR decision is based upon the genuineness of the entrepreneur and the business activities performed throughout the entire application process.

No. SUV PR decision is not based upon your business success, sales turnover or profit earning. In fact, many new startup businesses fail within the first 3 years of operation. The SUV PR decision is based upon the genuineness of the entrepreneur and the business activities performed throughout the entire application process.

We recommend about CAD40,000 or more depending upon the nature of your SUV business and total number of members in a team.

There is no mandatory requirement under the SUV visa requirements to employ how many full time Canadian staff, though one of the program objectives is to create job opportunities in Canada. Throughout your SUV application process, you will certainly create indirect job opportunities in Canada by hiring the Canadian startup, business and IT consultants besides hiring full time Canadian staff as you find fit.

To be eligible for the SUV application, the main applicant or each member of the team meet all the visa requirements below.

• CLB5 or General IELTS 5 English language level
• Enough investment capital with provenance to finance your SUV business incorporated in Canada (we recommend CAD40,000 for the main applicant or each member of the team)
• Enough settlement fund to support your family in Canada (please log on the IRCC official website for exact amount required)
• Your innovative, viable and scalable business idea is accepted by one of the SUV designated organizations
• All the main applicant and family members must have good health and good character.

No. You are the SUV investor / entrepreneur who will hire the Canadian consultants to complete all the tasks as instructed by you or work with other team members who have IT and/or business experience and skills complementary to yours. In fact, you may be in any occupation or in any industry to apply for SUV, as long as you have the investment fund, meet the English language requirement and commitment to own and manage your business in Canada.

According to the IRCC visa statistics, the overall success rate of PR grant to all past applicants is very high about 80%. The failure cases are mainly due to the non-compliance by either the designated organizations and/or the applicants.

As a sole owner of your SUV business, you have full control of your funds and business in Canada. You hire, supervise and manage your team of Canadian consultants and staff as the CEO. For a team of up to 5 members, one fails all fail i.e. all team members of a genuine team with complementary skills set are to work together in their SUV partnership business. Please note the team is formed for some good reasons not for the sole purpose of saving money.

As a genuine SUV entrepreneur, you are advised to exercise your full due diligence to own and manage your innovative SUV business to create economic, social and cultural values and job opportunities in Canada.

Designated organizations are Canadian incubators, angel funds and venture capital firms appointed by the IRCC to vet the business idea, provide the incubation program at a fee and the Letter of Support for the applicant’s visa application. Over 70% of all SUV applications have come from the incubators as most of them approve business plans only if the applicant is still in the ideation stage, but the angel funds and venture capital firms would expect the applicants have developed the existing solution and have initial market success.

No. LOS is required for your PR and WP applications. It does not guarantee the PR grant which depends upon the genuineness of the applicant and what are the SUV business activities he has performed before the PR decision.

Currently it takes about 36 months to process the PR application, but only 3-4 months for the work permit. The applicant may work and live in Canada with their family members to earn a living while holding the 3 years open work permit and waiting for the PR decision.

The SUV is a federal PR visa under which the applicant and all dependent family members may live, work and study anywhere in Canada. The sole owner or the team’s essential person is advised to spend some time (or reside most of time if appropriate) in Canada to manage the SUV business before the PR decision.

Though the recent IRCC news release stated that the SUV applicant and the spouse will have 3 years open work permit which allows them to work in any job anywhere in Canada, you are advised to spend enough time and resources in managing your SUV business at the same time while you are in Canada e.g. business networking, business meetings with relevant parties, seeking external funding, working with Canadian consultants to complete your SUV project before the PR decision.

It is to your benefit to choose a Canadian RCIC immigration consultant who has many years of successful experience in processing SUV WP and PR over the years. Since 2015, our RCIC consultants, business and project management team have processed over 100 SUV success cases with solid proven experience and expertise to serve our clients to get their PR grant.

To create job opportunities for Canadians is one of the SUV visa requirements, therefore you are encouraged to create direct and indirect employment before the PR decision. Since we have been processing SUV for our global clients since 2015, we have been working with many professional Canadian incubators, business and IT consultants who serve our clients with cost-effective services to meet the SUV visa requirements.

The SUV requires the applicant to own and manage the business actively in Canada, not a passive investment program in which you just make an investment without managing the business. Getting the Letter of Support is only the first stage, you (the sole proprietor) or all members of the team are advised to manage the SUV business actively through the application process before the PR decision.

Our SUV clients have chosen and engaged our professional service to process their SUV WP and PR visas because of our following competitive advantages.

• End-to-end whole application process managed and processed by our in-house professional team including Canadian immigration lawyer, RCIC immigration consultant, innovative business consultant, project management team to deliver the best customer experience, fast response and service excellence to our clients – from ideation generation, pitch deck, business plan, cash flow projection, incubation program application, interview coaching to prepare for incubator interview, getting the Letter of Support for visa application, Minimum Viable Product (MVP) design, built and implementation, project management till PR decision and onshore family settlement services.
• 100% success rate in getting the Letter of Support for our SUV clients.
• Processed over 100 SUV clients’ cases in getting their WP and PR granted since 2015.
• Develop innovative SUV business idea for each client tailored to his own personal profile, experience, qualification and passion. In fact, over 15% of our existing SUV clients has been sustaining their SUV business in Canada.
• We connect our SUV clients with our nationwide network of Canadian banks, IT and business consultants, commercial lawyers, accountants and tax consultants who serve them with their professional services including business incorporation in Canada, opening new company bank account.
• Onshore comprehensive family settlement information, assistance and services in Vancouver and Toronto including airport pickup, accommodation and children education etc.
• You are welcomed to join our existing SUV WhatsApp community of over 80 families in Vancouver, Toronto and Hong Kong to Connect, Share and Enjoy together such that all our SUV clients will network and support each other.