The Startup Visa is Canada’s immigration pathway for entrepreneurs with innovative business ideas that can compete globally and create jobs. Unlike traditional immigration routes, it prioritizes creativity and scalability, targeting founders who can secure support from designated Canadian organizations, such as venture capital funds, angel investor groups, or business incubators.

To qualify, applicants must meet four key requirements:

1. Secure a Commitment: Obtain a letter of support from a designated organization, which commits to backing your startup.
2. Prove Business Ownership: Show that you and up to four co-founders hold at least 10% of voting rights each, with the team and the designated organization collectively owning over 50%.
3. Demonstrate Language Proficiency: Achieve at least Canadian Language Benchmark (CLB) level 5 in English or French.
4. Show Financial Sufficiency: Provide proof of funds to support yourself and your family upon arrival (e.g., CAD $13,757 for a single applicant, as of 2025).

Unlike temporary work permits, the Startup Visa leads to permanent residency, allowing entrepreneurs to settle in Canada indefinitely while building their businesses.