Entrepreneur

Start-Up Visa program SUV

Immigration via Canada’s Start-Up Visa program SUV has more than doubled

In November, a 32.5% drop was observed in Start-Up Visa Program SUV entrepreneur immigration, following a rebound in October, as per data from Immigration, Refugees and Citizenship Canada (IRCC). The IRCC has set goals to welcome 5,000, 6,000, and 6,000 new residents via the SUV in 2024, 2025, and 2026 respectively.  Despite a slowdown in November, the program is expected to achieve record permanent resident admissions by the end of 2023. Until November, the SUV had facilitated the arrival of 1,145 new residents, marking a 104.5% increase from the previous year. Most SUV immigrants choose Ontario and British Columbia as their destinations, with Alberta, Manitoba, and Nova Scotia also seeing some arrivals. Before their application for permanent residence is processed, candidates under the SUV program may initially enter Canada with a work permit supported by their designated Canadian investor. Canada’s Start-up Visa Program Entrepreneurs eyeing Canada’s Start-Up Visa program can anticipate a wealth of opportunities, with Canada’s commitment to innovation and economic development creating an environment ripe for success. The program not only facilitates permanent residency but also provides a launching pad for individuals to turn their groundbreaking ideas into thriving businesses.  Canada’s Start-Up Visa program stands as a beacon for immigrant entrepreneurs, offering a pathway to permanent residency and the chance to contribute to one of the world’s most dynamic and inclusive economies The start-up visa program may make it possible for entrepreneurs to immigrate to Canada. Canada is on a search for bright entrepreneurs who are eager to start businesses that will boost its economy and offer job opportunities to its citizens. The Start-up Visa Program in Canada encourages immigrant business owners who have the skills and ability to start successful businesses in Canada: Who are Innovative Can create jobs for Canadians Can compete on a global scale Join our RSS Feed    If you want to know more details about the “Immigration through Canada’s Start-Up Visa program has more than doubled“ you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info   Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates Get a free Assessment  Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2023 Gunness & Associates

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Canada Start-Up Visa program

Canada Start-Up Visa program is accepting more and more entrepreneurs

October saw a resurgence in immigrant entrepreneurship via the Canada Start-Up Visa program, with data suggesting 1,200 new permanent residents by year’s end. In October, 200 new permanent residents arrived via SUV, a 37.9% increase from September’s 145. This rise followed a 17.1% drop from August to September.  The IRCC has significantly increased planned admissions for Start-Up Visa applicants, with numbers set to increase to 3,500, 5,000, 6,000, and 6,000 in 2023, 2024, 2025, and 2026, respectively. As of October, 1,000 new permanent residents arrived via SUV in 2021, setting the pace for possibly 1,200 by year’s end. This would be a 108.7% increase from the 575 new residents in 2020. Ontario and British Columbia are the most popular destinations for these entrepreneurs. At the end of this year’s first ten months, the program welcomed 635 new permanent residents to Ontario, and 240 new immigrants had arrived in British Columbia. In the first ten months of this year, Manitoba welcomed 95 immigrant entrepreneurs through the SUV, while Alberta had added 20 new permanent residents through the program by the end of October, signifying no change from the previous month. Canada Start-up Visa Program Entrepreneurs eyeing Canada’s Start-Up Visa program can anticipate a wealth of opportunities, with Canada’s commitment to innovation and economic development creating an environment ripe for success. The program not only facilitates permanent residency but also provides a launching pad for individuals to turn their groundbreaking ideas into thriving businesses. Canada’s Start-Up Visa program stands as a beacon for immigrant entrepreneurs, offering a pathway to permanent residency and the chance to contribute to one of the world’s most dynamic and inclusive economies The start-up visa program may make it possible for entrepreneurs to immigrate to Canada. Canada is on a search for bright entrepreneurs who are eager to start businesses that will boost its economy and offer job opportunities to its citizens. The Start-up Visa Program in Canada encourages immigrant business owners who have the skills and ability to start successful businesses in Canada: are innovative can create jobs for Canadians can compete on a global scale Join our RSS Feed    If you want to know more details about the “Canada Start-Up Visa program is accepting more and more entrepreneurs” you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates Get a free Assessment  Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2023 Gunness & Associates

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Start-Up Visa immigration

Start-Up Visa immigration on track for roughly 80% increase

According to Immigration, Refugees and Citizenship Canada (IRCC), the Start-Up Visa immigration saw a slight dip in September compared to August. Still, overall numbers are significantly higher than last year. In September 2023, Canada welcomed 145 new permanent residents through the SUV, down 17.1% from 175 in August.  However, this follows a record month in August, up 30% from July. IRCC plans to increase admissions substantially for Start-Up Visa applicants. Current annual admissions of 1,000 will rise to 3,500, 5,000, 6,000, and 6,000 in 2023, 2024, 2025, and 2026, respectively. As of September, Canada had welcomed 770 new permanent residents through the SUV, potentially reaching 1,027 by year-end. This would signify a 78.6% increase over the previous year. The Start-Up Visa Immigration attracts more Entrepreneurs The popularity of the Start-Up Visa (SUV) increased in August as 175 new permanent residents settled in Canada through the program, a 29.6% increase from July.  Immigration, Refugees and Citizenship Canada (IRCC) has planned to admit more Start-Up Visa applicants, increasing from 1,000 per year in the past few years to 3,500, 5,000, and 6,000 in 2023, 2024, and 2025, respectively.  This increase in immigration through the SUV in August was notable, considering the spike in immigration in July. By the end of August, Canada had welcomed 640 new permanent residents through the SUV, potentially reaching up to 960 by the end of the year if current immigration levels continue. The Start-Up Visa program The start-up visa program may make it possible for entrepreneurs to immigrate to Canada. Canada is on a search for bright entrepreneurs who are eager to start businesses that will boost its economy and offer job opportunities to its citizens. The Start-up Visa Program in Canada encourages immigrant business owners who have the skills and ability to start successful businesses in Canada: are innovative can create jobs for Canadians can compete on a global scale Join our RSS Feed    Want to know more details about the “Start-Up Visa immigration on track for roughly 80% increase” you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info   Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates Get a free Assessment  Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2023 Gunness & Associates

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through the BC PNP

More entrepreneurs immigrate to British Columbia through the BC PNP

On October 24, 2023, British Columbia held new draws for business candidates in the British Columbia through the BC PNP. BC PNP invited up to five candidates in the Base Category of the Entrepreneur Stream. The lowest score of this round was 116 points, two points fewer than it was in the previous draw.  In addition, the province invited fewer than five candidates in the Entrepreneur Immigration – Regional Pilot category with a minimum score of 112.  The maximum points in the Entrepreneur Stream grid are 200. Candidates can get 120 points for self-declared factors such as Experience and ownership, Net Worth, Investment, etc. Another 80 points are given for the business concept. British Columbia issued 8,557 invitations this year, including up to 84 entrepreneurs. BC PNP Entrepreneur Immigration Stream Entrepreneur Immigration (EI) is a program that allows international entrepreneurs who want to immigrate to British Columbia (B.C.) to establish businesses that support innovation and economic growth in the province. Entrepreneur immigration is a type of “temporary to permanent” immigration. That is, if you are approved, you will come to British Columbia(BC) as a temporary resident and then apply to stay permanently once you have successfully launched a business. These are the streams for entrepreneurs’ immigration: Base stream Regional Pilot Strategic Projects Join our RSS Feed    Want to know more details about “More entrepreneurs immigrate to British Columbia through the BC PNP” you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info   Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates Get a free Assessment  Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2023 Gunness & Associates

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The Start-Up Visa (SUV) program

The Start-Up Visa (SUV) program attracts more and more business immigrants

The popularity of the Start-Up Visa (SUV) increased in August as 175 new permanent residents settled in Canada through the program, a 29.6% increase from July.  Immigration, Refugees and Citizenship Canada (IRCC) has planned to admit more Start-Up Visa applicants, increasing from 1,000 per year in the past few years to 3,500, 5,000, and 6,000 in 2023, 2024, and 2025, respectively.  This increase in immigration through the SUV in August was notable, considering the spike in immigration in July. By the end of August, Canada had welcomed 640 new permanent residents through the SUV, potentially reaching up to 960 by the end of the year if current immigration levels continue. About the Start-Up Visa (SUV) program The start-up visa program may make it possible for entrepreneurs to immigrate to Canada. Canada is on a search for bright entrepreneurs who are eager to start businesses that will boost its economy and offer job opportunities to its citizens. The Start-up Visa Program in Canada encourages immigrant business owners who have the skills and ability to start successful businesses in Canada: are innovative can create jobs for Canadians can compete on a global scale Eligibility Requirements for the Start-up Visa Program You must fulfill all 4 eligibility requirements for the Start-up Visa Program in addition to the requirements for entry into Canada in order to be eligible. You must: have a qualifying business have a letter of support from a designated organization meet the language requirements, and have enough money to settle and live in Canada About the 2023-2025 Canada Immigration Levels Plan On November 1, 2022, the 2023–2025 Immigration Levels Plan was introduced, defining the path for raising immigration levels to support Canada’s economic growth and meet labor market needs. The 2023–2025 Immigration Levels Plan will help Canada maintain its position as one of the top talent destinations in the world while reuniting families and fulfilling Canada’s humanitarian obligations, including the resettlement of Afghans who are in need of assistance. With a stronger emphasis on regional immigration to spread the advantages of immigration across Canada, the Levels Plan gives economic immigration priority in order to support the development of a strong economy. More than half of all expected admissions are for the economic class. On November 1, 2022, the 2023–2025 Immigration Levels Plan (Levels Plan) was introduced in Parliament. It included the following targets for admitting new permanent residents: 465,000 in 2023 (range: 410,000-505,000) 485,000 in 2024 (range: 430,000-542,500) 500,000 in 2025 (range: 442,500-550,000) Join our RSS Feed    Want to know more details about “The Start-Up Visa program attracts more and more business immigrants” you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates Get a free Assessment  Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2023 Gunness & Associates

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OINP Entrepreneur Stream

10 business candidates invited under the OINP Entrepreneur Stream

Under the OINP Entrepreneur Stream, 10 business candidates were invited on September 25, 2023, as the Ontario Immigration Nominee Program (OINP) released the new draw results. It was the fifth draw for business candidates of the year.  In this draw, the province issued 10 Invitations to Apply (ITAs) to business candidates.  This round’s Comprehensive Ranking System (CRS) score was between 136 and 163. The OINP noted that those whose Expressions of Interest were scored by September 20, 2023, were eligible for this draw.  As a candidate, you can work with an immigration specialist. Fill out the form to Get an assessment from an experienced and licensed immigration consultant. This year, Ontario invited 33,000 candidates under all streams of the OINP, including 58 entrepreneurs. About the OINP Entrepreneur Stream If you have a business idea or are in a position to buy a successful business in Ontario, the OINP Entrepreneur Stream of the Ontario Immigrant Nominee Program (OINP) may be the right Canadian immigration option for you. The Ontario Immigrant Nominee Program (OINP) has an immigration path called the Entrepreneur path. It is regulated by the Ontario Immigration Act, 2015, and its accompanying rules. To be authorized, your application must follow the process and meet the conditions outlined in the regulations. Ontario invited 537 master’s Graduates and Ph.D. Graduate streams candidates What are the OINP Expression of interest system streams? The Ontario Immigrant Nominee Program (OINP) oversees applications for the following streams using an expression of interest (EOI) system: Employer Job Offer: Foreign Worker stream Employer Job Offer: International Student Stream Employer Job Offer: In-Demand Skills Stream Masters Graduate stream PhD Graduate stream Entrepreneur stream Join our RSS Feed    Want to know more details about “Ontario invited 10 business candidates under the Entrepreneur Stream” you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info   Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates Get a free Assessment Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2023 Gunness & Associates

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top destination for immigrant entrepreneurs

Canada is a top destination for immigrant entrepreneurs

According to the Organisation for Economic Cooperation and Development, Canada is the top destination for immigrant entrepreneurs among all OECD countries. There are over 24 OECD countries, including the United States, France, the United Kingdom, Australia, and Sweden. According to OECD research, these countries are becoming more interested in attracting international entrepreneurs. This is intended to promote innovation, foreign investment, the creation of jobs, and economic growth.  Furthermore, in order to create a favorable environment for new and innovative enterprises to grow, a combination of measures should be implemented to develop entrepreneurial ecosystems, drive research and innovation, and guarantee that prospective founders have access to funds and appropriate human capital.  The top destination for immigrant entrepreneurs in 2023 The OECD’s Indicators of Talent Attractiveness evaluating approach focuses on attracting foreign entrepreneurs by taking into account both general criteria and specific immigration laws aimed at potential international start-up founders. The system comprises seven important components: market size and reach, capital access, degree of digitization, and connectivity. In comparison to the other 24 OECD countries, Canada was recognized as the most attractive country for immigrant start-up founders and entrepreneurs. According to the ranking system, OECD concluded that Canada evaluated among the top 25% across every aspect of the framework, except for the ‘skills environment’. Canada, along with Australia, is the only country that allows successful start-up visa applicants to apply for permanent residency from day one.   How to Immigrate to Canada as an Entrepreneur? Foreign entrepreneurs are able to get permanent residency in Canada through the country’s unique entrepreneur immigration programs.  Some of the most popular programs are: Canada Start-Up Visa Canada-United States- Mexico Agreement Intra-Company Transfer Work Permit Entrepreneur/Self-Employed Work Permit Canada Investor Visa Quebec Investor Program Do you want to make Canada your new home? Fill out our Free Assessment Form right now to assess your chances of coming to Canada.   What is the Canada Start-Up Visa Program? If you are an entrepreneur, you may be able to immigrate to Canada under the start-up visa program. Canada is looking for exceptional entrepreneurs who want to develop enterprises that will stimulate the Canadian economy while also creating job opportunities for its citizens.  Eligibility Requirements for the Start-up Visa Program To be eligible for the Start-up Visa Program, you must meet all four eligibility requirements as well as the entry requirements for Canada. You must: have a qualifying business; Having a letter of support from a designated organization is required; to meet the language requirements, and have enough money to settle and live in Canada before you start your business. Join our RSS Feed    Want to know more details about the “Canada is a top destination for immigrant entrepreneurs in 2023” you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info   Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates Get a free Assessment  Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2023 Gunness & Associates

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Saskatchewan Entrepreneur program

50 candidates invited under Saskatchewan Entrepreneur program

50 candidates were invited under the Saskatchewan Entrepreneur program the first invitation round in the Entrepreneur Program 2023. On January 5, 2023, conducted by the Saskatchewan Immigrant Nominee Program (SINP).  In this round, SINP invited 50 candidates.    This round’s highest Expression of Interest (EOI) score was 130 points. The average score was 95 points. The lowest score was 80, and those applicants were invited to apply only if they scored a CLB level of 6 or higher in English or French.  The table below displays the first EOI Draw of 2023 scores and a number of invitation selections. Date Lowest Score    Average Score   Highest Score     Total Invitations January 5, 2023   80 95 130 50   In 2022, Saskatchewan invited 10,903 candidates, including 325 entrepreneurs.   Saskatchewan Entrepreneur Program  For people and families who wish to start, buy, or partner in a business in Saskatchewan, the Saskatchewan Entrepreneur Program offers a path to Canadian immigration. The Saskatchewan Entrepreneur Program could be a good fit for you if you are passionate about the business opportunities in Saskatchewan. An applicant can get a temporary work permit through the Saskatchewan Entrepreneur Program in order to start or buy a business in Saskatchewan and migrate there. The applicant may then submit an application for provincial nomination and subsequently for Canadian permanent residence status after the business has been operating successfully for six months.   What is the Saskatchewan Entrepreneur Category Process? The following steps are involved in the Saskatchewan Entrepreneur Category process: Submission of an Expression of Interest (EOI) to the SINP. Submission of an Expression of Interest (EOI) to the SINP. The EOI of a candidate is decided based on points. During each draw, the candidates with the most points are selected. The number selected is decided on the needs of the program. Applications are processed in the order they are received after candidates are invited to submit them. Establishment for business. Nomination.   No application receives preferential treatment under the SINP. All applicants must fulfill the requirements of the program. The SINP does not sponsor any businesses or initiatives established in Saskatchewan.   What is the Expression of Interest (EOI) System? The EOI is a signal of your interest in the SINP; it is not an application. By submitting information about your background, assets, and Business Establishment Plan, you can express interest in operating a business and residing in Saskatchewan (BEP). Those who meet the criteria will be accepted to the EOI candidate pool. EOIs are graded and ranked after they are sent using the Points Grid.   Before you submit your EOI, You must meet the entry requirements and finish the points assessment grid in order to submit an EOI to the SINP.   To find out more details about “The Saskatchewan Entrepreneur program And about candidates Invited under the first EOI draw of 2023” you can contact one of our immigration specialists at  Gunness & Associates.   Tel: (416) 604-2669  Email: info@immigrationmatters.info   Gunness & Associates has helped thousands of people successfully immigrate to Canada with their families. Our skilled and experienced immigration experts have the expertise to accurately examine your case and advise you on the best method of proceeding to best serve your needs.   For honest and straightforward advice, contact the experts at Gunness & Associates. Get a free Assessment  Join our newsletter and get up-to-date immigration news Click here All rights reserved ©2022 Gunness & Associate

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Immigration Backlog

IRCC hired More Employees to reduce the Immigration Backlog

IRCC hired More Employees to reduce the Immigration Backlog Sean Fraser, Minister of IRCC announced the Government’s efforts to improve the Canadian immigration system and reduce Immigration Backlog, with a particular emphasis on labor shortages, client experience, and family reunification On August 24, 2022.   The Minister also announced that up to 1,250 new employees would be hired by the end of the fall to increase application processing capacity and reduce backlogs, and make the system more sustainable in both the short and long term. IRCC is constantly managing over 1 million applications. In 2021, IRCC finalized 1.7 million applications from all lines of business.   Get a free Assessment   On April 22, 2022, the Minister announced measures to address labor shortages in Canada following: the resumption of Express Entry draws in July 2022 a new temporary policy that will give recent international graduates with expiring temporary status the opportunity to stay in Canada longer extending a temporary public policy that allows foreign nationals in Canada as visitors to apply for an employer-specific work permit. policy changes benefiting those who applied for permanent residence via the temporary resident to the permanent resident pathway in 2021   Canadian immigration is key to helping applicants fill hundreds of thousands of vacant positions across the country and grow the economy. Canada is a goal of choice for candidates who are looking for a new place to work, study and build their lives with their families.   The Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship says  “There is unprecedented interest in Canada as a destination for newcomers from around the world. A well-run immigration system supports our communities’ futures and allows our industries to tap into essential talent and new business opportunities, so they can continue to grow and remain competitive. We will continue to take steps to strengthen immigration, for the benefit of our businesses, our economy, and all Canadians.”   With unprecedented interest in Canada from applicants around the world, IRCC continues to set the bar higher for immigration processing.    In 2021, Canada set a historic record by admitting more than 405,000 new permanent residents to Canada. The target of the Canadian government for 2022 is to welcome 431,000 permanent residents.   Join our newsletter and get up-to-date immigration news Click here. To know more details about the IRCC hiring More Employees, you can contact one of our immigration specialists at Gunness & Associates.   Tel: (416) 604-2669 Email: info@immigrationmatters.info All rights reserved ©2022 Gunness & Associate

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