The Canada Start-up Visa (SUV) program has seen a notable improvement in 2024, with the Canadian government reviewing 5,633 applications by October 2024, with projections indicating the total number of processed applications will range between 6,000 and 6,500 by the end of 2024. Thanks to government adjustments, the processing time has been significantly accelerated, leading to reduced delays and improved efficiency.
Approval rates have also seen a marked increase through business incubators and investor networks, reflecting the success of the new policies in supporting start-ups and enhancing opportunities for permanent residency for investors and their families.
If you are interested in obtaining permanent residency in Canada by establishing a start-up, contact us to book a free consultation through the link here.