Canada Startup Visa Processing Time
The Canadian Immigration Authority, IRCC(Immigration, Refugee and Citizenship Canada), has stated that processing Canada's start-up visa can take roughly 37 months, or slightly more than three years.
These approximations, which give a general but imprecise estimate of how long future application processing will take, are based on the processing durations for 80% of previous applications. Meanwhile, the IRCC's workload can also affect the Canada Startup Visa Processing Time.
Canada Startup Visa Application Fee
The following information explains the fee breakdown of Canada’s Start-Up Visa.
Fee Description | Amount (in $CAN) |
Applicant | |
Processing Fee | 1,625 |
Right of Permanent Residence Fee | 515 |
Total for Applicant | 2,140 |
Spouse or Partner | |
Processing Fee | 850 |
Right of Permanent Residence Fee | 515 |
Total for Spouse or Partner | 1,365 |
Dependent Child (Per Child) | |
Processing Fee | 230 |
What is the Peer Review Process?
A peer review process has been included to protect deals between investment organizations and foreign entrepreneurs from fraud. An immigration officer can ask for a commitment to be assessed by a peer review panel.
These panels are created by an industry association that shows the investment type that a committed organization makes.
• The National Angel Capital Organization established a peer review panel for the angel investor group.
• For venture capital fund – Canada’s Venture Capital and Private Equity Association.
The immigration officer requests peer review in cases that would assist them in making the decision; it can also be initiated randomly. The assessment provided by the peer panel is not binding on the Immigration officer.
It only checks that the investment organization has been able to conduct proper checks and investigations. Peer review tests the level of due diligence that the designation organization does and also the following points:
• Ensure the company has been or will be incorporated in Canada
• Ensures that the business owner has been verified and satisfies program requirements
• It confirms that the designated organization has checked the viability of the proposed business, including its management team, and verified intellectual property ownership.
• It ensures the business is focused on providing high-growth products and services.
• Validates for business incubator applicants and acceptance into an incubator program.
The Start-up visa program is a five-year pilot program that will process a maximum of 2,750 applications annually. If it proves successful, the Canadian government can make it permanent before its five-year due date.
Why Are We The Best Australian Immigration Consultants In Delhi?
Province Immigration is the Best Immigration Consultant in Delhi for Australia. We work with 100% transparency to give you 100% success along with experience, expertise, and excellence, and this is what makes us the best immigration consultant in Delhi and at the pan-India level.
Below are some points that made us one of the Best
Australia Immigration Consultant –
- Skill Assessment: One of the first aspects that makes us one of the best Immigration consultants for Australia is that we excel in the skills assessment process, offering a tailored approach with a customized checklist tailored to each client’s profession and circumstances. It ensures accurate document organization and efficient submission, enhancing success in the assessment.
- Processing fee: We don’t extort large sums of money from you in order to send you overseas. This success-based fee plan is really reasonably priced.
- Working Days:We work round the clock for our clients.
- Scope of services : We collaborate with you on the entire process and provide ongoing assistance.
- Refund: We at Province Immigration do our best to give you a positive result, Yet if an application gets rejected, we will refund 60% of our Processing fee.
- Complementary Services: our visa application is just 50% of settlement abroad, So we provide complimentary services such as Job Assistance, resume writing, IELTS training, and post-landing services.
- Success Rate : We have a success rate of close to 100%, Which is one of the highest in the industry.
- Up-to-date: Our clients benefit from our immigration professionals’ current understanding of the most recent immigration rules and practices. In order to guarantee that our customers receive fast and correct counsel throughout their immigration process, we keep up to date on all the latest changes.
As you embark on your journey to migrate to Australia, this guide will provide you with comprehensive information on visa types, eligibility criteria, the application process, and what to expect when living in Australia.
