EXPAND YOUR BUSINESS IN CANADA
Canada offers immense opportunity for entrepreneurial businesses. With some of the world’s leading cities, mature financial and healthcare sectors, and a growing industry, Canada offers great scope for businesses. Y-Axis can help you access this vast pool of opportunity with our Canada Business Visa solutions.
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 the purpose of 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.
To apply for a Canada Business Visa, you need the following documentation:
Passport & travel history
Documents from your company
Documents proving you will not be staying beyond the stipulated time
Completed application & consulate fees
Adequate medical insurance
You must have a valid and compelling reason to visit Canada.
You must have enough money to support yourself and any dependents throughout your stay.
You must have a clean criminal record and character. This may require the use of a PCC (Police Clearance Certificate).
You must meet the government’s fundamental health requirements.
A formal invitation from a respected company in the country where you do business is required.
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 business.
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.
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