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This visa program is also recognized as general business immigration or investor visa program allowing foreigners to immigrate to Canada to start a business in any corner of the country. However, to be eligible for this program, the applicants and their companies should meet certain criteria so their applications don’t get declined. Typically, the business should be an innovative one and create employment opportunities for Canadians. Moreover, it should be competent enough to compete globally.
When a designated company commits to the business:
Letter of support
The business should have a letter of support from the designated company to prove its willingness to invest in the startup. The designated companies include:
The applicants should score at least level 5 in terms of Canadian Language Benchmark (CLB) in reading, speaking, writing, and listening in French and English.
As the Canadian government doesn’t provide any financial support to such an investor visa, the candidates must prove that they have sufficient funds to settle themselves as well as their family in Canada.
As an authorized and regulated Canadian Immigration Consultant, Visaspot would like to evaluate your eligibilities and work with you throughout the process.