Canada startup visa processing time Explained

 

Canada Startup Visa Processing Time depends on several factors, which take around 12 to 16 months to complete the application. While your application is under process, you can apply for a work permit to establish your business in Canada. By the time you launch your business, your application will be ready for decision. The selected applicants will receive Canadian Permanent Residency for the entire family.

 

 

Below are the detailed steps for Canada Startup Visa Processing:

 

Fingerprints and Photo

·        Applicants between 14 to 79 years old, need to give your fingerprints and photo (biometrics)

·        Pay the biometrics fee upon applying to avoid delays

·        Complete the biometrics process after getting the Biometric Instruction Letter (BIL) 

·        You will get 30 days to submit the application from the date on the letter.

 

Start-up visa application assessment:

·        Primarily, the Immigration authority will assess whether you meet Canada Startup Visa Requirements

·        Then, they assess the application forms whether it is correct or not

·        They will further check - processing fees receipt and inclusion of all required documents

 

Processing times:

·        You can avoid the application delay by informing the visa office about any changes or pending documents beforehand and not contacting continuously the visa office about the same issue

·        You may experience an application delay when there are any criminal or security problems and a need for background checks. Or any divorce or adoption or child custody issues that have not been resolved.

 

Medical exams:

·        Canada won’t accept the application if your health is a danger to Canada’s public health or safety

·        Before moving to Canada, you must appear for a medical exam along with your family members

·        You will receive a letter about how to get the medical exam, and afterward, the application will go to the visa office similar to the Ireland StartupVisa

 

Police certificates:

·        If you have a criminal record or pose a risk to Canada’s security, you may not be allowed to enter Canada.

·        To prove your legitimacy, you and your family must provide police certificates to the visa office. The police certificate must be submitted for each country where you have lived for six or more months in a row.

 

Decision on your application:

·        The last stage of the Canada Startup Visa Processing Time is the decision time on your application

·        Authority will check your eligibility and enough settlement funds to support your stay in Canada

·        They will also check the medical exam report and police certificate

·        They will decide on your application. If approved, they will ask you to present your passport to the visa office to issue your permanent resident visa.

 

Confirmation of permanent residence

·        Upon approval, you will receive a permanent resident visa which includes your Confirmation of Permanent Residence (COPR) and your entry visa

·        The COPR will have information about you and your photograph

·        You must bring your COPR and your entry visa when you arrive in Canada

 

If you wish to know more about Canada Startup Visa Processing Time and the process, you can reach us @ 8595338595 or on web@businessimmigrationvisas.com for free immigration counseling.

Australia Business Visa hikes investment requirements

 

Australia Business Visa is a popular business immigration pathway for foreign entrepreneurs, investors, and business owners. Accepted candidates can attain permanent residency in Australia, and their family provided that they invest in a new business or set up a new firm in the country. Before the pandemic, many business migrants chose business visas to achieve their migration dreams. However, due to the travel restrictions, the program has been on a temporary halt.

According to the recent news, the immigration department is increasing the investment requirements and the investment visas to be cut back to four programs. The Government aims to protect Australian Interests in maximizing the economic contribution of these high-value investors with this new rule. The immigration Minister has also cleared that the Australian Migration Program for 2020-21 will focus on the business professionals and job creators who can invest in Australia's future.

The new rule has substantially changed the Subclass 188 BusinessInnovation Stream requirements of business assets from AUD 800,000 to AUD 1.25 million. Furthermore, the Australian business must show an annual turnover of AUD 750,000 instead of AUD 500,000 to prove their business acumen. The program allows innovative business professionals to operate a new or existing business in Australia.

The program required applicants to invest a minimum AUD 15 million in an Australian investment instruments for permanent residency. In addition to that, other investor streams such as the Premium Investor visa will be closed to new applicants in July next year. Another visa of 132 business talent visa and its streams of Venture Capital Entrepreneur and Significant Business History visas will also be closed to new applicants from July 1 next year. After all these changes, the Australian Business Immigration spectrum will limit four streams - Business Innovation, Entrepreneur, Investor, and Significant Investor.

However, despite all that changes and turbulences, the approval rate for the overall business and investment visa program will double from 6862 in 2020 to 13,500 in 2021. The projection is influenced by the impacts of Covid on the business market of Australia and the immediate need for foreign direct investment. The country's federal budget also pointed out the most significant dip in population growth due to the closed international borders. There is a need for foreign talents and investment for the revival of the Australian economy.

Considering these changes, Significant Investor Visa is in huge demand, requiring AUD 5 million in Australian investments in exchange for a permanent visa. This particular Australia Business Visa granted 135 approvals in the last financial year in a pool of 4420 business and investment visas. As of now, a total of 2349 significant investment visas have been granted, with around AUD 11.7 billion investment in Australia's economy.

If you wish to settle in Australia despite these investment changes, you have a greater chance of getting selected. Reach us @ 8595338595 or on web@businessimmigrationvisas.com

What are my options to achieve business immigration in the UK?

Among various pathways, Business immigration UK programs have always carved a niche in the global spectrum. With various business-focused government policies, the country a developed a robust startup ecosystem to support the new businesses in the country. At the outset of the resurgence in the business opportunities in the country, many business talents from all corners of the world are moving to the UK.

Here are the top business immigration pathways in the UK:

UK STARTUP VISA - The pathway is designed for startup enthusiasts and aspiring business professionals who have an innovative business idea to establish a business in the UK.

·         There is no minimum investment under the Start Up UK Visa

·         Open a bank account and transfer EUR 1270 (1.32 Lac) funds in the UK

·         Submit a detailed business concept that must be unique, innovative, viable, and scalable

·         Acquire endorsement from the endorsing body or higher education institution in the UK

UK SOLE REPRESENTATIVE VISA – The professionals who aspire to launch a branch or subsidiary in the UK for their office headquartered outside the UK can apply for this program.

·         There is no investment requirement

·         Applicant must have the necessary funds to support your stay in the country

·         Have minimum English language Level CEFR A1 in speaking and listening

·         Must demonstrate relevant skills, education, and experience to set up and run the new branch

UK INNOVATOR VISA – The program is for those experienced entrepreneurs who wish to establish a new business in the UK or run an existing business.

·         Must have minimum investment funds EUR 50,000 (INR 51.8 Lac) under the UK InnovatorVisa

·         Have available funds with you to support residence in the country

·         Must score minimum English language Level CEFR B2 in reading, writing, speaking, and listening

·         Attain endorsement from the UK endorsing body

UK INVESTOR VISA – The program is meant for high net-worth individuals or investors who intend to invest in an existing business without establishing.

·         Must invest a minimum EUR 2 million (INR 20.7 Crore)

·         Transfer the investment in the UK bank deposit

If you wish to attain business immigration UK, you can opt for our free guidance and counseling on the business visa application process. Call us at 8595338595 or write to web@businessimmigrationvisas.com.