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Startup Visa Canada Requirements

As Of December 2025, Canada no longer accepts Start Up Visa applications

This program is officially closed. only applications being processed are those with a 2025 commitment letter

The Startup Visa Canada Program provides a chance for entrepreneurs with innovative business ideas that are competitive on a global scale and can create employment for Canadians to immigrate to Canada under the Startup Visa Program.

As a business-based program, it allows either one or a group of up to five entrepreneurs working on the same project to immigrate to Canada as Permanent Residents.

How To Apply For The Startup Visa in Canada

Check Your Eligibility For The Startup Visa Canada

The Startup Visa Program has a business, investment, financial, and other requirements that all applicants must meet. Make sure you meet all of the requirements before you begin your application. This will save both time and money.

Get the Application Package

If you’re eligible for a startup Visa, get the application package and fill out the necessary information. The package comes with an instruction manual and a document checklist to help you complete the forms as required. Once you fill out the required forms, print them out, sign them as stated and attach all the documents as per the document checklist.

Pay Your Application Fee

There are payments that you’re required to make, including the right of permanent residence fee, biometrics fee, and processing fee. Pay the fees through the provided online payment methods. Make sure it’s the exact amount required by IRCC and attach a copy of the receipt as proof of payment.

Submit Your Application For Startup Visa Canada

Review your application to ensure that you’ve filled all the necessary parts and provided signatures where stated. Make sure all the supporting documents are attached to your application. If everything is in order, send your complete application package to IRCC through the address provided on the instruction guide.

Provide Additional Information

During processing, IRCC will request you to provide your biometrics. They might also ask for medical exams and police certificates as per your case.

Get Help With Your Startup Visa Canada Application

If you require assistance with Startup Visa Canada, reach out to our professional and knowledgeable team today!

Canada Startup Visa Program Requirements?

To be eligible for the Startup Visa Canada Program, one must meet the following minimum requirements:

  • Provide a letter confirming that your business has backing from a Canadian Investor/ designated organization
  • Secure the minimum required investment from the designated organization/investor
    • Venture capital fund – minimum $CAN 200,000
    • Angel investor – minimum $CAN 75,000
    • Business incubator – no minimum investment requirement
  • Have a minimum level of CLB (Canadian Language Benchmark) 5 in language skills, i.e., speaking, listening, writing, and reading (either French or English).
  • Prove that you are capable of financially supporting yourself and your dependants once you’re in Canada
  • Have a qualifying business
  • Meet the admissibility requirements

If you plan to live in Quebec province, check Quebec’s Immigration Requirements as they assess their business immigration programs.

Start Up Visa Program

Startup Visa Canada Processing Time

Applications for startup visas are processed within 12-16 months. As you wait for your application to be processed, you can acquire a temporary work permit and work in Canada.

Startup Visa Checklist

  • Make sure you secure an investment from a designated investor and that you meet all the other requirements
  • Complete your forms as required and submit them through the correct channels
  • Ensure that you attach all supporting documents, including proof of investment from approved investors/organizations
  • Make all payments early to avoid delays or rejection

Get Help With Your Startup Visa Canada Application

If you require assistance with Startup Visa Canada, reach out to our professional and knowledgeable team today!

Startup Visa Canada Cost

Here are the main fees that you’re required to pay when applying for permanent residence under startup visa:

Fees $CAN
Processing fees 1050
Right of permanent residence fee 490
Biometrics fee 85

There may be extra fees if you’re bringing your family along. Contact Canadian Immigration Experts to learn more.

How We Can Help

At Jane Katkova & Associates – Canadian Immigration, Global Mobility Experts, we are dedicated to providing you with a successful outcome when you’re looking to migrate into Canada as an entrepreneur. With our years of experience, we have acquired what it takes to navigate the intricate IRCC system.

Let us help you bring your business into Canada by assisting you in your whole application process. Our partnership with experts in the business industry and financial sectors enables us to provide entrepreneurs with the best strategies to successfully gain startup Visas.

Contact our immigration consultants to learn more about Startup Visa Canada and how we can help you through your application process. We can provide you more detailed information about business immigration to Canada along with all of the options available.

Book A Consultation

Get professional help bringing your business to Canada! Book a consultation with one of our knowledgeable staff today.

This message is for informational purposes only. If you have any questions, please contact the immigration case manager with whom you work at Jane Katkova and Associates or send an email to support@katkova.com.

FAQs about Start-up Visa program in Canada

It depends on the source of investment. If the investment comes from a designated Canadian venture capital fund a minimum investment of $200,000 must be secured. If the investment comes from a designated Canadian angel investor group, a minimum investment of $75,000 must be secured. However, there is no need to secure a financial investment from a business incubator.
Canada’s start-up visa program (SUV) gives entrepreneurs the opportunity to immigrate to Canada with the skills and potential to build businesses in Canada that are innovative, create jobs for Canadians and permanent residents, and can compete on a global scale

It is one of the top three most popular immigration programs available to immigrant entrepreneurs, in which up to five people can apply as the owners of a single start-up business. In the first quarter of 2022, 160 newcomers were welcomed through the Start-Up Visa. It is expected that until the end of the year, Canada will welcome 640 new permanent residents. In three years, 2021 to 2023, Canada aims to welcome around 500 new permanent residents annually under the Start-up Visa Program. This estimation is based on IRCC 2021-2023 Immigration Levels Plan.

Start-up Visa program is a direct path to obtain Canada Permanent Residency for up to five applicants for one innovative business venture. The processing time is 12 – 16 months which leads to Permanent Residence Status for the entrepreneurs and their accompanying spouses and children.
Eligibility requirements for the Start-up Visa Program are having a qualifying business, a letter of support from a designated organization, meeting the language requirements, and having enough money to settle and live in Canada before the applicant makes money from your business.
Canada is one of the world’s best locations to start a business. That is why Start-Up Visa program is one of the popular programs for entrepreneurs and business persons.
A Start-up Visa application is processed approximately within 12 to 16 months.
Startup visa is regarded as one of the quickest ways to obtain a Permanent Residence status in Canada. However, those who come to Canada through a Temporary Travel Visa (TRV) which is considerably fast in comparison to Startup Visa, have to apply for Permanent Residence status later on if qualified.
To qualify for the Start-up Visa Program, the applicant must have a qualifying business, have a letter of support from a designated organization, meet the language requirements, and have enough money to settle and live in Canada.

If you are an entrepreneur with the skills and potential to build a business in Canada which is innovative, creates jobs for Canadians, and can compete on a global scale, then this program is a right option for you. In order to be qualified for the Start-up Visa Program, the person must meet four following eligibility requirements, and not be inadmissible to Canada. The person must:

  1. Have a qualifying business
  2. Have a letter of support from a designated organization (a business group that has been approved to invest in or support possible start-ups)
  3. Meet the language requirements, and
  4. Have enough money to settle and live in Canada before you make money from your business.
Canadian Language Benchmark 5 is a must in listening, reading, writing and speaking.
The amount of money depends on how many family members will be coming with the person. In some cases, the designated organization may allocate additional money to help cover the person’s living expenses. The investment money for the start-up business cannot be used to cover the person’s living expenses. When you apply, you’ll need to give proof that you have the money to support yourself and your dependants after you arrive in Canada.
Number of

family members

Funds required (in Canadian dollars)
1 $13,310
2 $16,570
3 $20,371
4 $24,733
5 $28,052
6 $31,638
7 $35,224
For each additional family member $3,586
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Quick answer

The Start-Up Visa gives permanent residence to entrepreneurs whose business is backed by a designated Canadian organisation. You need a Letter of Support, at least CLB 5 in English or French, enough settlement funds, and a qualifying ownership stake. Since 2024, IRCC has applied intake caps, so timing matters.

What are the exact Start-Up Visa eligibility requirements?

You must have a qualifying business, secure a Letter of Support from a designated organisation, meet the language and funds thresholds, and be admissible to Canada. Each part is assessed on its own, and a gap in any one can sink the application. The table below sets out what each requirement actually means.

Start-Up Visa: the five eligibility pillars
RequirementWhat it means in practice
Letter of SupportA designated business incubator, angel investor group or venture capital fund must review your venture and issue a Letter of Support, paired with a Commitment Certificate sent to IRCC.
Qualifying business & ownershipYou and your fellow applicants must hold at least 10% of the voting rights, and together with the designated organisation you must hold more than 50%. The business must be incorporated in and operated from Canada.
LanguageAt least CLB 5 in English or French, in each of reading, writing, listening and speaking, proven by an approved test.
Settlement fundsUnencumbered, available funds scaled to your family size to establish yourself — check the current IRCC figure, as it is updated periodically.
AdmissibilityMedical, security and criminal admissibility for you and accompanying family members.

Who are the designated organisations?

Only organisations on the IRCC designated list can issue a valid Letter of Support. They fall into three types, each with a different bar. Business incubators require acceptance into their programme rather than a cash investment; angel investor groups commit a minimum investment; venture capital funds commit a larger minimum. An organisation that is not on the current designated list will not count — this is where much of the real work sits in business immigration to Canada.

How does the Start-Up Visa process work, step by step?

The order matters. You cannot file for permanent residence until a designated organisation has committed to your venture. A realistic sequence looks like this.

  1. Develop the business and prepare a fundable pitch and plan.
  2. Approach a designated organisation and pass its due diligence.
  3. Receive the Letter of Support; the organisation sends its Commitment Certificate to IRCC.
  4. Sit an approved language test to confirm CLB 5, and organise your settlement funds.
  5. Submit the permanent residence application with the full document package.
  6. Optionally apply for a work permit to start building the business in Canada while you wait.
  7. Respond to any IRCC requests, including a possible interview or peer review, then await the decision.

What are the common Start-Up Visa pitfalls?

Most refused or stalled files fail on avoidable points, not on the strength of the idea. Watch for these.

  • Ownership split wrong. The 10% individual and combined 50%-plus voting-rights rules are strict; a loose cap table fails.
  • Funds not genuinely available. Borrowed or encumbered settlement funds are not accepted.
  • Language below CLB 5. Even a strong business will not save a shortfall in one ability.
  • Chasing a non-designated organisation. Only the current designated list counts.
  • Ignoring intake caps. Since 2024, IRCC limits applications tied to each designated organisation, so your submission window may be narrower than you expect.
  • Treating it as a status purchase. IRCC scrutinises ventures that look set up only to obtain permanent residence.

If the Start-Up Visa does not fit — because you already run an established company abroad, for example — an intra-company transfer or a provincial entrepreneur stream may be the better route. Artists and athletes sometimes look instead at the Self-Employed Persons Program. We compare all of them as part of business immigration to Canada, and you can read the current federal criteria on the IRCC website. When timing is tight, it is worth a short call to book a consultation before you approach any organisation.

Not sure the Start-Up Visa is your best route?

The timing, the ownership split and the choice between a Start-Up Visa and other business routes all turn on your facts. A short call can save months.

Book a consultation (416) 661-4487

Frequently asked questions

Do I need to invest my own money in the business?

Not in the way an investor visa works. The Start-Up Visa sets no personal investment amount. What matters is that a designated organisation supports your business and that you hold enough unencumbered settlement funds. A venture capital fund or angel group may invest, but that money comes from them, not a required deposit by you.

What happens to my permanent residence if the business fails?

Your status is not tied to the survival of the business. Once you are approved and land, you are a permanent resident, and a later failure does not by itself remove that status. The venture must be genuine when you apply; IRCC can refuse files it sees as set up mainly to acquire status.

Can I work in Canada while my application is processed?

Often, yes. Many founders apply for a work permit to start building the business in Canada while permanent residence is assessed. It is optional and fact-dependent, and it is a separate application with its own requirements.

How many founders can share one supported business?

Up to five applicants can be attached to a single business, each applying for permanent residence. Each must meet the language, funds and admissibility rules individually. If one essential applicant withdraws or is refused, the designated organisation can decide the venture no longer qualifies.

Is the Start-Up Visa still open in 2026?

The programme continues, but since 2024 IRCC has applied intake limits capping how many applications can be tied to each designated organisation in a period. That changes when you can submit. Confirm availability and check current IRCC guidance before you build a timeline.

Reviewed by our immigration team · Updated September 2026.

Disclaimer: This section is general information about Canadian immigration law and procedure, current as of 2026. It is not legal advice and no solicitor-client or representative-client relationship is created by reading it. Rules, deadlines and requirements change; the right pathway depends on the facts of your case. Speak to a qualified immigration professional about your own circumstances before acting. Jane Katkova & Associates has advised clients on Canadian immigration matters since 1995.