Have a qualifying business:

• each applicant holds 10% or more of the voting rightsattached to all shares of the corporation outstanding at that time (up to 5 people can apply as owners) AND
• applicants and the designated organization jointly hold more than 50%of the total voting rights attached to all shares of the corporation outstanding at that time

At the time you receive your permanent residence:

• you provide active and ongoing management of this business from within Canada
• an essential part of the operations of the business happens in Canada
• this business is incorporated in Canada

Have a letter of support from a designated organization:

• You must get a letter of support from a designated organization(a business group that has been approved to invest in or support possible start-ups).
• In order to do this, you must pitch your business idea and convince the organization that it is worth supporting
• The process of pitching your business idea will be different for each organization

Meet the language requirements:

• You must take a language test from an approved agency and show that you meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in speaking, reading, listening, and writing.

Proof of funds:

• The Government of Canada does not give financial support to new start-up visa immigrants. When you apply, you’ll need to give proof that you have the money to support yourself and your dependents after you arrive in Canada. You can’t borrow this money from another person. The amount you need depends on the size of your family. IRCC update these amounts every year.

Police & Medical Clearance Certificate:

• Be subject to a criminal record check and must provide relevant, non-expired Police Certificates to facilitate this process.
• Submit medical exam results from a panel physician (not your personal/family doctor) to ensure you are medically admissible.