Startup / Entrepreneur

Start-Up Visa Program

๐Ÿš€ Startup Capital
CA$75,000
one-time
Minimum CAD $75,000 from an angel investor group, CAD $200,000 from a venture capital fund, or acceptance into a designated business incubator (no minimum investment)
โฑ๏ธ Duration
Permanent residence; PR card valid for 5 years and renewable
๐Ÿ‘ช Dependants
Yes
Spouse or common-law partner and dependent children under 22; all receive permanent resident status simultaneously
๐Ÿ›‚ Citizenship Path
Yes
The program itself grants permanent residence directly. After 1,095 days of physical presence in Canada within a 5-year period, permanent residents may apply for Canadian citizenship

This program has been suspended. On December 19, 2025, IRCC announced that effective January 1, 2026, intake for the Start-Up Visa Program is set to zero and the program is paused. Applicants holding a valid 2025 commitment certificate may still apply until June 30, 2026 under transitional provisions. A replacement "high impact" Start-Up Visa pilot targeting elite entrepreneurs is expected but detailed parameters have not yet been published.

The Start-Up Visa (SUV) Program was a federal economic immigration pathway enabling foreign entrepreneurs to obtain permanent residence in Canada by launching innovative businesses with support from designated venture capital funds, angel investor groups, or business incubators. Established as a pilot in April 2013 and made permanent in April 2018, the program was administered by IRCC and targeted entrepreneurs whose businesses were innovative, could create jobs for Canadians, and could compete globally. Under the 2026--2028 Immigration Levels Plan, federal business class admissions were reduced to 500 per year, down from 2,000 in 2025.

Requirements
  • Commitment certificate (letter of support) from a designated organization: venture capital fund (minimum CAD $200,000 investment), angel investor group (minimum CAD $75,000), or business incubator (acceptance into program, no minimum investment)
  • Canadian Language Benchmark (CLB) 5 in all four skills (speaking, reading, writing, listening) in English or French, with test results less than 2 years old
  • Settlement funds based on family size (e.g., CAD $15,263 for one person, CAD $28,362 for a family of four, as of July 2025)
  • Qualifying business incorporated in Canada with active management and essential operations in Canada
  • Each applicant must hold at least 10% of voting rights; applicants and designated organization combined must hold more than 50%
  • Up to 5 applicants may apply as co-owners of the same business
  • Must intend to reside outside Quebec
  • Commitment certificate must be less than 6 months old at the time of application
Required Documents
  • Generic Application Form for Canada (IMM 0008) and Schedule 13 (Start-up Business Class)
  • Schedule A -- Background/Declaration (IMM 5669)
  • Additional Family Information (IMM 5406)
  • Supplementary Information -- Your Travels (IMM 5562)
  • Valid passport or travel document
  • Language proficiency test results (CLB 5+)
  • Letter of support / commitment certificate from designated organization
  • Birth certificates for all family members
  • Police certificates from every country where applicant has lived 6+ months since age 18
  • Proof of settlement funds (bank statements)
  • Photographs of applicant and all family members
  • Medical examination results from an approved panel physician
  • Certified translations for any non-English/French documents
Duration & Renewal

The program grants permanent residence directly -- there is no fixed visa duration. The PR card is valid for 5 years and can be renewed by demonstrating at least 730 days of physical presence in Canada within any 5-year period.

Family Members

Spouse or common-law partner and dependent children under 22 (or over 22 if dependent due to a physical or mental condition) may be included. Each must pass medical and security checks. All family members become permanent residents simultaneously upon approval. Fees: CAD $950 processing + CAD $575 RPRF for a spouse/partner; CAD $260 per dependent child.

Tax Implications

Permanent residents who establish residential ties in Canada are considered tax residents and must report worldwide income to the Canada Revenue Agency. Canada has a progressive federal and provincial income tax system. Business income from the start-up is subject to Canadian corporate and personal income tax. Canada has tax treaties with over 90 countries to prevent double taxation.

Application Process
  1. Pitch your business to a designated organization (venture capital fund, angel investor group, or business incubator)
  2. If accepted, the organization issues a commitment certificate to IRCC and provides a copy to you
  3. Create an account on the IRCC PR Portal and complete the required forms
  4. Upload supporting documents, pay processing fees (CAD $2,385 for principal applicant) and biometrics fee (CAD $85 per person)
  5. Submit the application -- for team applications, IRCC does not begin processing until all co-owners have applied
  6. Complete biometrics within 30 days of notification
  7. If any essential team member is refused or withdraws, all team members' applications are refused

Standard processing has exceeded 36 months. Priority-processed applications -- those backed by venture capital, angel investors with CAD $75,000+, or Canada Tech Network incubators -- have taken approximately 12--24 months. A backlog of roughly 44,000 applications existed at the time of the program pause. In March 2026, Bill C-12 (the Strengthening Canada's Immigration System and Borders Act) received Royal Assent, granting IRCC new powers to cancel, suspend, or change large groups of immigration documents -- these powers are expected to be used to address the backlog, particularly applications linked to business incubators where integrity concerns have been identified. The December 2025 Ministerial Instructions setting intake to zero remain in effect until March 30, 2030, unless earlier repealed.

Path to Citizenship

Permanent residents may apply for Canadian citizenship after 1,095 days (3 years) of physical presence in Canada within a 5-year period. Business failure after obtaining permanent residence does not affect PR status.

Other Visa Programs in North America

Countryโ†‘
Programโ†•
Incomeโ†•
Investmentโ†•
Capital Requiredโ†•
Durationโ†•
Dependantsโ†•
Citizenshipโ†•
Compare
๐Ÿ‡ฆ๐Ÿ‡ฎ Anguilla
Residence by Investmentโ€”
$150,000 one-time
โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ฆ๐Ÿ‡ฎ Anguilla
Work from Anguilla Certificate
No official minimum incom...
โ€”โ€”
91ย days โ€” 1ย year
Yes
โ€”
๐Ÿ‡ฆ๐Ÿ‡ฌ Antigua and Barbuda
Citizenship by Investment Programmeโ€”
$230,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡ฆ๐Ÿ‡ผ Aruba
Investor/Shareholder Residence Permitโ€”
$140,000 one-time
โ€”
1ย year
Yes
Yes (5yr)
๐Ÿ‡ฆ๐Ÿ‡ผ Aruba
One Happy Workation
No specific minimum incom...
โ€”โ€”
7ย days โ€” 90ย days
Yes
โ€”
๐Ÿ‡ฆ๐Ÿ‡ผ Aruba
Retiree / Interest Rate Earner Residence Permit
$28,000 / year
โ€”โ€”
1ย year
Yes
Yes
๐Ÿ‡ง๐Ÿ‡ธ Bahamas
Bahamas Extended Access Travel Stay (BEATS)
No specific minimum incom...
โ€”โ€”
1ย year โ€” 3ย years
Yes
No
๐Ÿ‡ง๐Ÿ‡ธ Bahamas
Economic Permanent Residence Certificateโ€”
BSDย 1,000,000 one-time
โ€”
Permanent
Yes
Yes (10yr)
๐Ÿ‡ง๐Ÿ‡ธ Bahamas
Permit to Reside (Independent Economic Resident)
No fixed minimum income. ...
โ€”โ€”
1ย year โ€” 5ย years
Yes
โ€”
๐Ÿ‡ง๐Ÿ‡ง Barbados
Special Entry and Reside Permit (Category 1: High Net Worth Investor)โ€”
$2,000,000 one-time
โ€”
5ย years โ€” Permanent
Yes
Yes
๐Ÿ‡ง๐Ÿ‡ง Barbados
Special Entry and Reside Permit (Category 2: Retired Property Owner)
No fixed minimum income a...
โ€”โ€”
5ย years โ€” Permanent
Yes
Yes
๐Ÿ‡ง๐Ÿ‡ง Barbados
Welcome Stamp
$50,000 / year
โ€”โ€”
1ย year
Yes
Yes
๐Ÿ‡ง๐Ÿ‡ฟ Belize
Long Stay Visitor Permit
$75,000 / year
โ€”โ€”
6ย months
Yes
Yes (5yr)
๐Ÿ‡ง๐Ÿ‡ฟ Belize
Qualified Retired Persons Incentive Program
$2,000 / month
โ€”โ€”
1ย year โ€” Permanent
Yes
No
๐Ÿ‡ง๐Ÿ‡ฟ Belize
Temporary Residence Permit (Investment)โ€”
$250,000 one-time
โ€”
1ย year
Yes
Yes (5yr)
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Economic Investment Residential Certificateโ€”
BMDย 2,500,000 one-time
โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Global Entrepreneur Work Permitโ€”โ€”
No fixed minimum capital ...
1ย year
Yes
โ€”
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Permission to Reside on an Annual Basis
No fixed minimum income p...
โ€”โ€”
1ย year โ€” 5ย years
Yes
No
๐Ÿ‡ป๐Ÿ‡ฌ British Virgin Islands
Right to Reside Permit
No fixed minimum; must de...
โ€”โ€”
1ย year
Yes
โ€”
๐Ÿ‡จ๐Ÿ‡ฆ Canada
Digital Nomad Policy
No minimum income thresho...
โ€”โ€”
6ย months
Yes
โ€”
๐Ÿ‡จ๐Ÿ‡ฆ Canada
Quebec Immigrant Investor Programโ€”
CA$1,200,000 one-time
โ€”
Permanent
Yes
Yes (3yr)
?
๐Ÿ‡จ๐Ÿ‡ฆ Canada
Self-Employed Persons Programโ€”โ€”โ€”
Permanent
Yes
Yes (3yr)
?
๐Ÿ‡จ๐Ÿ‡ฆ Canada
Start-Up Visa Programโ€”โ€”
CA$75,000 one-time
Permanent
Yes
Yes
?
๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Certificate of Direct Investmentโ€”
$1,220,000 one-time
โ€”
25ย years
Yes
Yes
๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Certificate of Permanent Residence for Persons of Independent Meansโ€”
$2,440,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Residency Certificate for Persons of Independent Meansโ€”
$1,220,000 one-time
โ€”
25ย years
Yes
No
๐Ÿ‡ฐ๐Ÿ‡พ Cayman Islands
Zone Employment Certificateโ€”โ€”
$15,000 one-time
5ย years
Yes
โ€”
๐Ÿ‡จ๐Ÿ‡ท Costa Rica
Digital Nomad Visa
$3,000 / month
โ€”โ€”
1ย year โ€” 2ย years
Yes
No
๐Ÿ‡จ๐Ÿ‡ท Costa Rica
Residencia Temporal Inversionistaโ€”
$150,000 one-time
โ€”
2ย years
Yes
Yes
๐Ÿ‡จ๐Ÿ‡ท Costa Rica
Residencia Temporal Pensionado
$1,000 / month
โ€”โ€”
2ย years
Yes
โ€”
๐Ÿ‡จ๐Ÿ‡ท Costa Rica
Residencia Temporal Rentista
$2,500 / month
โ€”โ€”
2ย years
Yes
โ€”
๐Ÿ‡จ๐Ÿ‡บ Cuba
Real Estate Resident Visaโ€”
No fixed minimum investme...
โ€”
1ย year
Yes
โ€”
๐Ÿ‡ฉ๐Ÿ‡ฒ Dominica
Work In Nature Extended Stay Visa
$50,000 / year
โ€”โ€”
18ย months
Yes
Yes
๐Ÿ‡ฉ๐Ÿ‡ด Dominican Republic
Residencia Permanente en Calidad de Inversionistaโ€”
$200,000 one-time
โ€”
1ย year โ€” Permanent
Yes
Yes
๐Ÿ‡ฉ๐Ÿ‡ด Dominican Republic
Residencia Permanente en Calidad de Jubilado o Pensionado
$1,500 / month
โ€”โ€”
1ย year โ€” Permanent
Yes
Yes
๐Ÿ‡ฉ๐Ÿ‡ด Dominican Republic
Residencia Permanente en Calidad de Rentista
$2,000 / month
โ€”โ€”
1ย year โ€” Permanent
Yes
Yes
๐Ÿ‡ธ๐Ÿ‡ป El Salvador
Definitive Residency for Investorsโ€”
Investment or donation to...
โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ธ๐Ÿ‡ป El Salvador
Freedom Visaโ€”
$1,000,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡ธ๐Ÿ‡ป El Salvador
Temporary Residency for Pensioners
$1,226 / month
โ€”โ€”
1ย year โ€” 5ย years
Yes
โ€”
๐Ÿ‡ธ๐Ÿ‡ป El Salvador
Temporary Residency for Rentistas
$1,460 / month
โ€”โ€”
1ย year โ€” 5ย years
Yes
โ€”
๐Ÿ‡ฌ๐Ÿ‡ฉ Grenada
Citizenship by Investment Programmeโ€”
$235,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡ฌ๐Ÿ‡ฉ Grenada
Remote Work Permit
$37,000 / year
โ€”โ€”
1ย year โ€” 2ย years
Yes
Yes
๐Ÿ‡ฌ๐Ÿ‡น Guatemala
Permanent Residence for Rentistas or Pensioners
$1,250 / month
โ€”โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ฌ๐Ÿ‡น Guatemala
Temporary Residence for Intellectuals, Researchers, and Scientistsโ€”โ€”โ€”
1ย year โ€” 5ย years
Yes
โ€”
๐Ÿ‡ฌ๐Ÿ‡น Guatemala
Temporary Residence for Investorsโ€”
$100,000 one-time
โ€”
1ย year โ€” 5ย years
Yes
โ€”
๐Ÿ‡ฌ๐Ÿ‡น Guatemala
Temporary Residence for Self-Employed Workersโ€”โ€”
No minimum capital requir...
1ย year โ€” 5ย years
Yes
โ€”
๐Ÿ‡ฌ๐Ÿ‡น Guatemala
Temporary Residence for Workers with Foreign Employer
$2,000 / month
โ€”โ€”
1ย year โ€” 5ย years
Yes
Yes (5yr)
๐Ÿ‡ญ๐Ÿ‡ณ Honduras
Investor Residencyโ€”
$50,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡ญ๐Ÿ‡ณ Honduras
Pensionado Residency
$1,500 / month
โ€”โ€”
2ย years โ€” Permanent
Yes
Yes
๐Ÿ‡ญ๐Ÿ‡ณ Honduras
Rentista Residency
$2,500 / month
โ€”โ€”
2ย years โ€” Permanent
Yes
Yes
๐Ÿ‡ฏ๐Ÿ‡ฒ Jamaica
Permanent Residence (Retirement)
No fixed minimum income t...
โ€”โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ฒ๐Ÿ‡ถ Martinique
Talent Porteur de Projet โ€” Business Creationโ€”โ€”
โ‚ฌ30,000 one-time
4ย years
Yes
โ€”
๐Ÿ‡ฒ๐Ÿ‡ถ Martinique
Talent Porteur de Projet โ€” Innovative Economic Project (French Tech Visa)โ€”โ€”
No minimum investment req...
4ย years
Yes
โ€”
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
Permanent Resident Visa for Retirees and Pensioners
$7,400 / month
โ€”โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
Temporary Resident Visa by Economic Solvency
$4,432 / month
โ€”โ€”
1ย year โ€” 4ย years
Yes
No
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
Temporary Resident Visa for Investorsโ€”
$299,000 one-time
โ€”
1ย year โ€” 4ย years
Yes
Yes (5yr)
๐Ÿ‡ฒ๐Ÿ‡ธ Montserrat
Permit of Economic Residenceโ€”
EC$400,000 one-time
โ€”
5ย years
Yes
Yes
๐Ÿ‡ฒ๐Ÿ‡ธ Montserrat
Remote Employment Stamp
$70,000 / year
โ€”โ€”
1ย year
Yes
โ€”
๐Ÿ‡จ๐Ÿ‡ผ Netherlands Antilles
@Home in Curacao
No official minimum incom...
โ€”โ€”
6ย months โ€” 1ย year
Yes
โ€”
๐Ÿ‡จ๐Ÿ‡ผ Netherlands Antilles
Investor Permitโ€”
Cg.ย 500,000 one-time
โ€”
3ย years โ€” Permanent
Yes
Yes (5yr)
๐Ÿ‡จ๐Ÿ‡ผ Netherlands Antilles
Rentier or Retired Residence Permit
ANGย 3,000 / month
โ€”โ€”
1ย year
Yes
โ€”
๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua
Investor Permanent Residenceโ€”
$30,000 one-time
โ€”
5ย years
Yes
Yes (2yr)
๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua
Residencia Temporal Pensionado
$600 / month
โ€”โ€”
1ย year
Yes
โ€”
๐Ÿ‡ณ๐Ÿ‡ฎ Nicaragua
Residencia Temporal Rentista
$750 / month
โ€”โ€”
1ย year
Yes
โ€”
๐Ÿ‡ต๐Ÿ‡ฆ Panama
Permanent Residence Permit for Retirees and Pensioners
$1,000 / month
โ€”โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ต๐Ÿ‡ฆ Panama
Professional Foreign Residence Permitโ€”โ€”โ€”
2ย years โ€” Permanent
Yes
Yes (5yr)
๐Ÿ‡ต๐Ÿ‡ฆ Panama
Qualified Investor Permanent Residenceโ€”
$300,000 one-time
โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡ต๐Ÿ‡ฆ Panama
Short Stay Visa for Remote Workers
$3,000 / month
โ€”โ€”
9ย months โ€” 18ย months
No
No
๐Ÿ‡ฐ๐Ÿ‡ณ Saint Kitts and Nevis
Citizenship by Investment Programmeโ€”
$250,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡ฐ๐Ÿ‡ณ Saint Kitts and Nevis
Temporary Residence Permit
No specific minimum incom...
โ€”โ€”
6ย months โ€” 1ย year
Yes
โ€”
๐Ÿ‡ฑ๐Ÿ‡จ Saint Lucia
Citizenship by Investment Programmeโ€”
$240,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡ฑ๐Ÿ‡จ Saint Lucia
Live It Extended Stay Program
No minimum income require...
โ€”โ€”
1ย year
Yes
No
๐Ÿ‡ต๐Ÿ‡ฒ Saint Pierre and Miquelon
Visitor Temporary Residence Card
โ‚ฌ1,443 / month
โ€”โ€”
1ย year
Yes
Yes (5yr)
๐Ÿ‡น๐Ÿ‡จ Turks and Caicos Islands
Independent Means Residence Permit
No fixed minimum. Must de...
โ€”โ€”
1ย year โ€” 3ย years
Yes
โ€”
๐Ÿ‡น๐Ÿ‡จ Turks and Caicos Islands
Permanent Residence Certificate (Investment)โ€”
$300,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡น๐Ÿ‡จ Turks and Caicos Islands
Self-Employed Work Permitโ€”โ€”
No fixed minimum capital ...
1ย year โ€” 5ย years
Yes
โ€”
๐Ÿ‡บ๐Ÿ‡ธ United States
EB-1A Extraordinary Abilityโ€”โ€”โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡บ๐Ÿ‡ธ United States
EB-2 National Interest Waiverโ€”โ€”โ€”
Permanent
Yes
Yes (5yr)
๐Ÿ‡บ๐Ÿ‡ธ United States
EB-5 Immigrant Investor Programโ€”
$800,000 one-time
โ€”
Permanent
Yes
Yes
๐Ÿ‡บ๐Ÿ‡ธ United States
International Entrepreneur Paroleโ€”โ€”
$311,071 one-time
30ย months โ€” 5ย years
Yes
โ€”