Canada to launch New Start-Up Visa on April 1

No this is not an April Fools joke as far as we can tell.

Citizenship and Immigration Canada has announced that it will be launching a new type of visa on April 1st, 2013 for immigrant entrepreneurs. Start-Up Visa for Entrepreneurs

According to Citizenship, Immigration and Multiculturalism Minister Jason Kenney, “Our new Start-Up Visa will help make Canada the destination of choice for the world’s best and brightest to launch their companies. Recruiting dynamic entrepreneurs from around the world will help Canada remain competitive in the global economy.”

He continued, “Jobs, growth and long-term prosperity remain priorities for the Government of Canada, and this new Start-Up Visa program underscores our commitment to supporting innovation and entrepreneurship in the Canadian labour market.”

Are you interested in the Start-Up Visa?

This particular visa program has the capability to pair immigrant entrepreneurs with groups that can help them succeed. Has a requirement for the visa, an immigrant must get the support of a venture capital fund or a Canadian angel investor group.

This is the first visa of its kind and will reward immigrant entrepreneurs with permanent residency in Canada and the business partners they need to get their start-up off the ground.

Are you someone who thinks that they would qualify for the Start-Up Visa? We can help you. Please contact our immigration law firm for assistance with obtaining a Start-Up Visa for immigrant entrepreneurs in Canada or any other visa.

It should be interesting how this new Start Up Visa will play out. The Entrepreneur Business immigration category has been cancelled for some time and took many years to process so lets hope this new visa does the trick at attracting business investment to Canada.

Any information provided here does not constitute legal advice and is intended for general information only. Should you require legal advise, you are encouraged to contact a lawyer directly. All blog postings are public and are not subject to solicitor/client confidentially. Case results depend on a variety of factors unique to each case, and case results do not guarantee or predict a similar result in any further case undertaken by the lawyer.

Tags: apply for a start up visa canadian start-up visa entrepreneur visa start up START UP VISA CANADA start up visa for canada start-up visa Visa for Entrepreneurs

About Michael Niren

Michael is a graduate of Osgoode Hall Law School in Toronto. He is a member of the Law Society of Upper Canada, the Canadian Bar Association’s Citizenship and Immigration Section and the American Bar Association. He is frequently called upon to appear in the media to discuss Canadian and US immigration issues effecting North Americans. He has been interviewed by Canada AM, CTV, Canada News Net, the Globe and Mail and the Toronto Star and has given lectures on immigration topics overseas.

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