Important Update for Canada Business Immigration

As of April 30, 2024, the Canadian government will implement crucial changes to the Business Immigration programs, including the Start-Up Visa (SUV). These changes aim to streamline the application process and reduce wait times, ensuring a smoother transition for innovative entrepreneurs into Canada’s thriving economy.

For the SUV immigration program, to encourage venture capital firms, angel investors, and incubators to support the most valuable projects, the following changes have been made:

1. Each designated organization will only accept applications for 10 startup projects per year

2. The focus will be on entrepreneurs who receive support from Canadian capital and Tech Network member incubators

For the self-employed immigration program, IRCC will completely suspend the application for the project.

Overall, these changes are an earthquake for Canadian immigration. It’s limited the quotas of SUV applications and increased the difficulty of immigrating to Canada by SUV nowadays.

No worries! Here’s your second plan.

C11 Entrepreneur Work Visa

Low-threshold, fast immigration to Canada for entrepreneurs

Advantages of the program:

No LMIA required, no hard industry requirements

Relatively short cycle

No residence restrictions (except for Quebec)

No language requirements during the work visa stage

No need for asset audit

ICT Executive Transfer Immigration

One-step, fast landing in Canada for your whole family

Advantages of the program:

High cost-performance ratio, most affordable total cost

Relaxed application conditions, simple and fast review

Low threshold, no restrictions on residence location or time

Good benefits, spouse also gets a work visa, children enjoy free public education

One-step work visa, whole family fast landing in Canada

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