Canadian start-up visa: The first of its kind in the world

Canada: An entrepreneurial force to be reckoned with

Outstanding economic growth

• Best country in the G-20 with which to do business
• Strongest fiscal position in the G-7
• among the best fiscal prospects in the G-20

Low cost of doing business

• Tax rate on new business investment is significantly lower than that of other G-7 countries
• Most tax competitive country in the G-7
• Low cost of operation

Track record in research and development

• World-leading research and development (R & D) infrastructure
• Scientific talent and innovation incentives
• Combined federal and provincial tax credits can return to foreign investors, on average, up to 30% of their R & D investment in Canada

Extraordinary quality of life

• In 2018, Canada ranked as the best country in the world to live according to the U.S. News and World Report.

Source: Immigration, Refugees and Citizenship Canada, 2018

How to become an entrepreneur in Canada?

The process is incredibly selective, but it is straightforward. If you would like to become an entrepreneur in Canada, you have to:

1. Convince one of these organizations to invest in your business idea
2. Pass all standard health and security criteria
   
3. Demonstrate your ability to communicate in either English or French
   
4. Prove that you have completed one year of study at a post-secondary institution
5. Prove that you have enough money to live on while establishing your business
   

Entrepreneurial culture in Canada

A study from 2015 revealed that 13% of Canadians were entrepreneurs, placing the country in second place in the world after the United States.

The study highlighted that the Canadian culture is excellent to foster entrepreneurship through supporting:

• Individual success achieved through personal effort
• Self-sufficiency, autonomy and personal initiative
• Creativity and innovation​

Cream of the crop

It's no surprise that Canada can attract foreign investment and foreign entrepreneurs. According to the U.S. News and World Report, in 2018, Canada is in the top 10 in the world for:

• Most business-friendly
• Most modern
• Entrepreneurship
• Quality of life
• Retiring comfortably
• Starting a business
• Most forward-looking countries
• Headquartering a corporation
• Raising kids
• Transparency
• Green living
• Education
• Best countries overall

If you think you have what it takes to become a successful entrepreneur in Canada, you may want to first hire a Regulated Canadian Immigration Consultant and Career Strategist to guide you through the various steps from approaching designated angel investor groups to making sure you have the correct financial documentation and health checks in place. This immigration pathway is brand new and extremely competitive. The slightest mistake could cause money and jeopardize your financing and immigration process.