Benefits
The Startup Visa Program is a PR program. This is different and better from other programs because it guarantees PR residency in Canada once the Startup is selected by a designated Incubator.
Both the Founder and the spouse are eligible for Work Permit (founder is eligible for a closed work permit and spouse is eligible for an Open Work Permit) that is issued while the PR application is in process.
Immigrating to Canada increases earning for you, increases other income opportunities, increases quality of life for your spouse and children, secures your children's future.
Immigration of parents and grand parents also can be processed after PR status confirmed.
A work permit / PR in Canada also grants direct access to the United States due to the free trade agreement between the US and Canada.
This enables the founders to get access to the US market in terms of setting up new business, getting access to cheap and plentiful capital, access to higher value clients, access to better investor networks and access to new higher value job and business opportunities.
The time to travel between Toronto and New York is only 4 hours by road/train. It takes few hours odd to reach most of the commercially active states within the United States from almost any city in Canada.
Therefore, the Canadian Startup Visa also must be seen from the angle of access to the US and its opportunities.
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