Permanent Residency for Innovative Entrepreneurs

with High-Growth Business Ideas

Permanent Residency for Innovative Entrepreneurs with High-Growth Business Ideas


Canada’s Start-Up Visa (SUV) Program offers permanent residence to qualified entrepreneurs who can build businesses that are innovative, scalable, and capable of creating jobs for Canadians.

What is the Start-Up Visa Program?


The Start-Up Visa Program (SUV) is a direct pathway to permanent residence for foreign entrepreneurs who have an innovative business idea and obtain support from a designated Canadian investor or incubator.

Unlike most immigration programs, SUV does not require a job offer, prior Canadian experience, or a minimum net worth. The focus is on the viability and scalability of your business venture and whether it has backing from a trusted Canadian organization.

Who Can Apply?


To qualify for the Start-Up Visa Program, you must meet all of the following:

1. Have a qualifying business

●  Up to 5 applicants can apply as owners

●  You must each hold at least 10% of voting rights

●  The applicant(s) and designated organization must jointly hold over 50% of total voting rights

2.  Obtain support from a designated organization

●  Business Incubator (no investment required), or

●  Angel Investor Group (min. $75,000 CAD investment), or

●  Venture Capital Fund (min. $200,000 CAD investment)

3.  Meet the language requirement

●  Minimum CLB 5 in English or French in all four abilities

●  Valid test: IELTS General, CELPIP General, or TEF Canada

4.  Prove you have sufficient settlement funds

●  Required even if you already live in Canada

●  Amount depends on family size and is updated yearly by IRCC

5.  Pass admissibility checks

●  Medical, criminality, and background screening

Designated Organizations


You must secure a Letter of Support from one or more IRCC-approved designated organizations:

Type Minimum Requirement Examples
Business Incubator Acceptance into program DMZ, Highline Beta, Volta
Angel Investor $75,000 CAD Keiretsu Forum, York Angel Investors
Venture Capital $200,000 CAD BDC Venture Capital, Version One Ventures

●  If multiple organizations are involved, it is called a syndication

●  Only one Letter of Support is issued to IRCC regardless of the number of supporters

●  Each organization also sends a Commitment Certificate directly to IRCC

Essential Persons & Business Failure


If your business has multiple co-founders, IRCC will ask the designated organization to identify any “essential persons.”

●  If an essential person is refused for any reason, all other linked applications will be refused

●  If your start-up business fails after you receive PR, you still retain your permanent resident status

Peer Review Process


To ensure program integrity, IRCC may randomly or selectively request a peer review of your Commitment Certificate. This is conducted by a third-party industry association such as:

●  NACO – for angel investor groups

●  CVCA – for venture capital firms

●  RICs/Incubators Canada – for incubators

The panel confirms whether appropriate due diligence was performed by the designated organization. The peer review is not binding but is a tool for IRCC to detect fraud or low-quality commitments.

Application Process


1.  Develop a scalable, innovative business idea

2.  Apply for support from a designated organization

3.  Receive a Letter of Support and Commitment Certificate

4.  Take an approved language test

5.  Gather required settlement funds

6.  Submit a complete permanent residence application

7.  Optional: Apply for a work permit while PR is being processed

Processing time:

●  PR application: 12–18 months (may vary)

●  Work permit: ~3–4 months (if applicable)

Fees and Documents


IRCC Fees (as of 2025):

Application Type Cost
Principal Applicant $1,365 CAD
Spouse/Partner $1,365 CAD
Dependent Child $230 CAD
Biometrics $85 CAD (per person) or $170 (per family)

 

Required Documents:

●  Valid passport(s)

●  Language test results (CLB 5 minimum)

●  Letter of Support from designated organization

●  Business plan (optional but strongly recommended)

●  Proof of settlement funds

●  Police certificates and medical exam results

Frequently Asked Questions

Frequently Asked Questions

Can I apply alone or with a team?

You can apply alone or with up to four other co-founders (maximum 5 applicants per business). Each must meet eligibility requirements.

Do I need to invest my own money?

No. You are not required to invest personal funds in your business.

What if my business fails after I get PR?

You will not lose your permanent resident status. PR is granted based on the business proposal and organizational support, not on the business’s future success.

Can I work in Canada while my PR is processing?

Yes, you may apply for a temporary work permit if your designated organization supports this. This helps you build the business in Canada sooner.

Is Start-Up Visa available in Quebec?

No. The Start-Up Visa Program is not available to applicants intending to settle in Quebec.

Launch Your Business in Canada — and Secure Permanent Residence


Sapra Immigration helps visionary entrepreneurs apply through the Start-Up Visa Program. We guide you from selecting the right incubator or investor, to preparing your business documentation and filing a strong PR application.