Tag Archive: Start-up Visa

Some Canadian Immigration Government Fees to Increase April 30, 2020

March 23, 2020

Immigration, Refugees and Citizenship Canada (IRCC) will be increasing some Government fees, effective April 30, 2020 and every two (2) years, thereafter, in accordance with the cumulative percentage increase to the Consumer Price Index for Canada, published by Statistics Canada, for the two (2) previous years, rounded to the nearest five (5) dollars.

A.  EXPRESS ENTRY (FEDERAL SKILLED WORKER CLASS/FEDERAL SKILLED TRADES CLASS/CANADIAN EXPERIENCE CLASS)

  1. Principal applicant processing fee will increase from 550 CAD to 825 CAD
  2. Spouse or common-law partner of principal applicant processing fee will increase from 550 CAD to 825 CAD
  3. Dependent child of principal applicant processing fee will increase from 150 CAD to 225 CAD

B.  BUSINESS CLASS (SELF-EMPLOYED/START-UP VISA)

  1. Principal applicant processing fee will increase from 1,050 CAD to 1,575 CAD
  2. Spouse or common-law partner of principal applicant processing fee will increase from 550 CAD to 825 CAD
  3. Dependent child of principal applicant processing fee will increase from 150 CAD to 225 CAD

C.  FAMILY CLASS (SPONSORSHIP OF A SPOUSE/PARTNER/DEPENDENT CHILD or PARENT/GRANDPARENT)

All processing fees will remain the same.

D.  RIGHT OF PERMANENT RESIDENCE FEE

Will increase from 490 CAD to 500 CAD.

Replacement for Former Entrepreneur Category Announced

January 24, 2013

On January 24, 2013, the Honourable Jason Kenney, Minister of Citizenship and Immigration Canada, announced a pilot Immigration program, which will likely permanently replace the former Entrepreneur Category of the Business Class, which ceased to accept new Applications as of July 1, 2011.

The new pilot program, “The Start-up Visa Program”, will run for up to five years. According to Citizenship and Immigration Canada, initially, the number of Applications will be limited because of the program’s narrow focus.

The Start-up Visa Program will link immigrant entrepreneurs with experienced Canadian private sector organizations that have expertise in working with start-ups and who can provide essential resources.

Foreign entrepreneurs will require the support of a Canadian angel investor group, venture capital fund or a business incubator before they can apply to the Start-up Visa Program. In addition to that, foreign entrepreneurs will also have to meet certain criteria regarding language proficiency and educational qualifications.

According to the Government, no longer will entrepreneurs be able to limit investment to small, safe enterprises. Instead, they will now be required to invest in “innovative”, “dynamic” ones that “can compete on a global scale”.

The full set of criteria will be published in the spring of 2013. The Program will open for applications on April 1, 2013. As soon as the criteria are published, they will appear on our website.