Canada has set up a program for entrepreneurs, said to be the first in the world. Aiming to align their immigration system with the nation’s economic goals, the government has newly offered the start-up visa.
To avail of this visa, one must be supported by any Canadian venture capital fund or angel investor group. Within weeks, holders of the visa are granted with permanent residency and can then later apply for citizenship.
The Canadian government aims to attract entrepreneurs from around the world, hopefully keeping the country globally competitive.