Canada Business Visa

Canada offers immense opportunities for enterprising businesses. With some of the world’s leading cities, mature financial and healthcare sectors, and growing industries, Canada offers great scope for businesses.

CANADA BUSINESS VISA DETAILS

To facilitate trade, Canada offers various Business Visas that allow entrepreneurs, executives, and professionals to temporarily visit Canada to conduct business. With the Canada Business Visa, visitors can:

• Visit Canada for business
• Attend trade shows and conferences
• Meet prospective clients and take new orders
• Attend training from your company in Canada

The Canada Business Visa allows you to stay up to 6 months in Canada.

DOCUMENTS REQUIRED

To apply for a Canada Business Visa, you need the following documentation:

• Passport & travel history
• Background documentation
• Documents from your company
• Documents proving you will not be staying beyond the stipulated time
• Completed application & consulate fees
• Adequate medical insurance

Canada Startup Visa program:

If you are a non-Canadian and want to start a new business or company in Canada, then you can use the country’s startup visa program.

This program encourages immigrant entrepreneurs to develop their startups in Canada. Successful applicants can tie up with private companies in Canada and receive help on funding and guidance on running their businesses.

However, this visa program has specific guidelines on the ownership and shareholding requirements for a startup.

 Eligibility requirements for visa applicants are:

• Have proof that the business has the required support
• Must fulfill the ownership requirements
• Must have the required proficiency in English or French
• Must have completed at least one year of post-secondary education
• Must have enough funds to settle in Canada and support dependent family members
• Must clear the medical tests and security requirements

Applicants for this visa must have the support or sponsorship of a specified Canadian venture capital fund, angel investor, or business incubator to qualify for the visa.

The IRCC has designated specific venture capital funds, investor groups, and business incubators to be part of this visa program.

Startups that succeed in getting through this program must be able to get the minimum required investment. If it is from a venture capital fund, the minimum investment should be USD 200,000. If the investment is from an angel investor group, the investment should be at least USD 75,000. Applicants must also be a member of a Canadian business incubator program.