From Start-up Visa to Permanent Residency in Canada: The Journey

Canada is commonly believed to be the ultimate land of opportunities and the hub for entrepreneurs. I started my Canadian entrepreneurship journey a few years back with the same belief. I began by looking for the best immigration consultant in Brampton, and they helped me through getting my Start-up Visa and beyond.

In fact, for individuals who wish to establish a successful business in Canada, getting a Canadian Start-up Visa is the first step to success. Although getting the start-up visa can be pretty challenging, with immigration consultants like VG Immigration on your side, things can get simple and the procedure hassle-free.

Read along to discover how I made my move by starting my journey with a start-up visa and the challenges I faced in developing a successful business in Canada.

Challenges witnessed:

1. Competition

Facing cut-throat competition is one of the basics when starting your new business journey in Canada.

Solution?

I chose to focus on a niche market rather than trying to compete with the crowded markets. Targeting niche markets meant lesser competition and amplified chances of success.

• Hiring Employees

As a start-up owner, cash is not your strongest suit. As a result, affording high-salaried employees becomes challenging.

Solution?

Hiring and retaining top talent is critical in determining your start-up’s success. So, develop a positive work culture, invest in employee training, and offer benefits and competitive salaries accordingly.

• Adapting to Canadian Business Practices

As a start-up owner in Canada, you need to follow the Canadian government’s business rules and regulations; failing to do so would mean your business could get fined or even shut down.

Solution?

Start getting familiarized with and adapting to Canadian business practices and regulations. Also, consult your financial and legal expert to determine that you are laying down your business plan in compliance with Canadian rules and regulations.

How can you get your Permanent Residency while being a Start-up Visa holder in Canada?

You should seek assistance from the best immigration consultant in Brampton.

As an entrepreneur in Canada, follow the following steps to apply for PR through the Canada Start-up Visa program.

Step One

Obtain a Support Letter.

Ensure that you get this documentation from a well-esteemed organization that is willing to offer financial support to your start-up.

Step Two

Provide the required documents and complete the application.

By visiting the Government of Canada website, start-up visa Canada applicants must download the application package, fill out the forms, and gather all required documents accordingly.

Step Three

Pay the application fees and submit it.

As entrepreneur visa owners, you can pay the fees (processing fees, right of permanent residence fees, and biometrics fees) online and ultimately apply to the address mentioned in the instruction guide.

Last Step

Complete the medical exam and submit your biometrics.

Lastly, the IRCC will decide and determine if you are indeed capable of getting your application approved. Once approved, you will receive a Confirmation of Permanent Residence immediately.

I hope the above article motivated you to begin your start-up journey in Canada. Moreover, with the best immigration consultant in Brampton by your side, the trip will be hassle-free and 100% result-driven.