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You are referring to the Immigrant Investor program, which is on hold. The Start-Up Visa program does not require any investment from foreign entrepreneurs. It
by samuelelder 14y ago
You are referring to the Immigrant Investor program, which is on hold.
The Start-Up Visa program does not require any investment from foreign entrepreneurs. It simply requires that the start-up itself have a funding commitment from a designated angel investor network or acceptance to a designated incubator network.
Part of what makes the program so historic is that it offers permanent resident status (the Green Card) right from the start. This is not affected whether the business fails or succeeds. This program actually recognizes the risk that entrepreneurs take.
You can learn more here: http://www.cic.gc.ca/english/department/media/backgrounders/2013/2013-01-24.asp http://www.cic.gc.ca/english/department/media/backgrounders/...