As of October 3, 2024, Canada has announced an exciting development for Start-Up Visa (SUV) candidates. Immigration, Refugees, and Citizenship Canada (IRCC) now allows applicants to apply for an open work permit.
This significant change enables entrepreneurs to take other jobs while building their start-up, providing more flexibility and financial security.
Topics Discussed:
- Open Work Permits for Canada Start-Up Visa Candidates
- Eligibility Criteria for the Open Work Permit
- Benefits for Family Members of Start-Up Visa Candidates
Open Work Permits for Canada Start-Up Visa Candidates
Previously, Start-Up Visa candidates could only apply for a closed work permit, limiting them to working solely on their start-up. Now, with the introduction of the open work permit, entrepreneurs can work for almost any employer in Canada while continuing to develop their business. The open work permit is valid for three years, providing more financial opportunities for candidates.
** Willing to migrate to Canada? V&I will guide you in step by step process.
Eligibility Criteria for the Open Work Permit
To qualify, applicants must have applied for permanent residence under the Start-Up Visa program and received an Acknowledgement of Receipt (AOR) letter. They must also demonstrate that their business will provide significant economic benefits to Canada and plan to live outside Quebec.
** Check your eligibility to Canada with V&I Canada CRS Points Calculator for free.
Benefits for Family Members of Start-Up Visa Candidates
Spouses or common-law partners of SUV candidates can apply for their own open work permit, and dependent children can apply for a study permit to attend school in Canada. This ensures that the entire family can join the entrepreneur during their time in Canada.
** Want to work in Canada? V&I is here to help you.
Conclusion
The introduction of the open work permit for Start-Up Visa candidates is a game-changer, offering flexibility and additional income sources. It’s an excellent opportunity for entrepreneurs and their families to establish themselves in Canada while building their businesses.
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