Start-Up Visa Program: From Student Visa to PR? Getting my PR Before Graduation?

Questions from: Ms. Wendy Dun, an international student currently studying in Canada:

“Hi Altec Global, I’m currently in my second year at Seneca College, I don’t want to wait until after my graduation to get my work permit, find a job and sponsor, and also work for 3 years before getting my PR Card. Is there a way that I can secure my immigration status sooner?”

Answered by Altec Global Inc.:

“Hey Wendy! There are certainly ways that we can help!

Right now, there is an excellent initiative for you called “Canada’s Start-Up Visa Program”. It is perfect for someone in your position – an international student. This stream of immigration is applicable for all international students after 1 year of studies at a post-secondary institute!

The application can be completed within just 10 to 15 months, and you can instantly obtain your PR Card once approved. This stream not only can help you reduce your tuition costs (as Permanent Residents do not have to pay international student fees), but most importantly, you are saved from all the trouble regarding your status once you are done school! You are guaranteed a lawful right to remain in the country and you can start securing employment opportunities as soon as possible!”

Canada’s Start-Up Visa is a program that aims to attract those with innovative thinking and entrepreneurial minds to establish businesses in Canada. In the next 5 years, more than 2,750 individuals could be immigrating to Canada via this stream.

Advantages of Start-Up Visa:

1. Simple requirements: no management experience required, no source of assets required, language requirement of only 5-point score on IELTS.
2. Speedy application process: only 10 to 15 months to complete. One step process to obtain unconditional permanent resident status.
3. No personal monetary investment required: only a letter of support from a designated investment institute is needed.
4. No matter the success of the start-up, your PR status will not be cancelled.

Requirements for Start-Up Visa:

1. The approval and proof of support by a designated Canadian investment institute.
2. Minimum language requirement met at Level 5 CLB or 5-point score on IELTS.
3. Minimum education requirement met: at least 1 year of post-secondary education.

Immigration process of Start-Up Visa:

1. Submit application to Canadian Immigration Centre to be processed and obtain initial approval.
2. The document is transferred to the overseas visa office where the applicant resides.
3. A medical examination requirement form is issued; the whole family must visit the designated hospital for a medical examination; and submit the family passport and landing paper to the visa office.
4. Applicants receive passport and landing paper with approved visa, the whole family arrives in Canada and receiving Maple Card (permanent residence card).

Altec Global’s recommendation and analysis:

“Start-Up Visa is one of the exclusive products served by Altec global Inc. We have long-term partnerships with multiple designated Canadian Investment Institutes required by this stream.

Compared to the other streams of immigration, Start-Up Visa has the lowest monetary investment and time required to complete the application process.

Start enjoying the social benefits that Canada has to offer to its residents as early as your second year of study. Get up to 80% of travel freedom all over the world without obtaining additional visas. Begin your career at the starting line!”