Familiarize yourself with the eligibility requirements to easily obtain the Canada Startup Visa.

• Education Requirement – Completion of at least one year of study at a post-secondary institution is required for the applicant. Additionally, the applicant must provide documents supporting the evidence that he/she performed well during that one year. The documents may include certificates, degrees, transcripts, etc.
• Commitment certificate and Letter of Support – The applicant can obtain a letter of support from an elected investor organization. If you want to immigrate to Canada, this is a crucial step you need to follow. The investor organization must also provide a Commitment Certificate directly to Immigration and Citizenship Canada.
• Medical and Security clearances – Medical and Security clearances – Like every other visa program, the applicant and their family members mustundergo medical and Security clearance examinations even with the Startup Visa Program in Canada. This is to understand whether they are in a perfect health condition or not so that the Canadian healthcare system is not excessively burdened. Also, the authorities will observe whether there is a security threat or not.

The applicant can apply for an Entrepreneur Visa Canada if you meet the following criteria:

• Fulfill The Language Requisites – The applicant must be proficient in speaking French, English, or both. RCC or Immigration, Refugees, and Citizenship Canada is an approved agency where the applicant can go for a language test to determine whether he/she fulfills the language requirement or not.
• Investment Amount – Setting up a startup business in Canada is only possible when the applicant secures forward the investment, the amount will be 75,000 CAD. When the business receives acceptance in a forward the investment, the amount will be 75,000 CAD.
  
  

When the business receives acceptance in a business incubator program, then it is 0 CAD. When a Canadian VC presents the investment, the amount will be 200,000 CAD.

Proof Of Adequate Settlement Funds – Attaining a Canadian permanent residence is possible when the applicant carries adequate funds to support himself and his family upon immigration to Canada. The settlement fund will vary depending on the size of the family; however, it is important to note that the applicant must notify CBSA or Border Services and Agency if they are carrying more than 10,000 CAD upon entry.