SUV PROGRAM: START-UP VISA

SUV program attracts a lot of attention, as Canada is a developed country. And is among the wealthiest in the world. With the eighth highest per capita income globally. Canada also ranks among the highest in international comparisons for education. Government transparency, civil liberties, quality of life, and economic freedom. Therefore, Canada is a perfect choice for those who want to settle down and develop long-term.

1. SUV program – Start-up immigration

In 2018, the SUV startup immigration program (Start-up Visa) was announced and confirmed to become an official and permanent immigration program to attract foreign entrepreneurs with breakthrough business ideas to immigrate to Canada. The program has attracted great attention from talented entrepreneurs because of its clear advantages, transparent process in a short time.

2. Why choose the SUV program?

Up to now, the SUV program is considered a program that attracts many investors because of the following advantages:

• Get permanent residency for the whole family
• Hold dual citizenship.
• Can live in any province of Canada.
• You can start your own company or work at any company in Canada.
• Enjoy the policy of Universal Health Care paid by the Government, including emergency expenses, immunizations, periodic health checks, etc.
• Children can study for free from primary to high school. Besides, university and graduate tuition fees are a-third of that of international students and can apply for scholarships for study funding from the Government.
• Receive social security benefits when you retire (if you work and fulfill your tax obligations with the Government of Canada).
• Get tax benefits for children under 18 years old (Canada Child Tax Benefits) if being on low income.
• Have the right to possess real estate or property.
• Unlimited entry and exit to Canada and no visa required.

3. 5 simple conditions to participate in the SUV program

To be able to participate in the Startup Immigration program, candidates only need to meet the following 5 main conditions:

• Applicant and family members are in good health, have a clean judicial record.
• Applicants must have completed at least one year of post-secondary education (college, university) and get good grades.
• Financial commitment minimum / minimum investment from investment funds:

o $200,000 from a Venture Capital Fund, or

o $75,000 from Angel Investors.

• Have a business idea that is innovative and relevant to the applicant’s expertise
• Receive a letter of sponsorship from a designated Canadian institution

4. Conclusion

As a country with a strong economy at the “top” of the world, with many reasonable human rights policies, Canada is always a promising land for families who want to choose a place to live and do business. With fast processing time, only from 12-14 months, applicants can easily get permanent residency and execute their innovative business projects.

With a team of more than 50 professionals worldwide, Portico & Bridge is always ready to accompany you throughout the process of immigrating to Canada. Call us now at 0909.898.758

At PORTICO & BRIDGE, “Your Children, We Care”.