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Great news for Canada: Chosen as the best place for immigrant entrepreneurs in 2023!
A report from the Organization for Economic Cooperation and Development (OECD) stated that Canada has been ranked as the most attractive nation for immigrant start-up founders and entrepreneurs compared to all other OECD member countries.
Spanning 24 countries, the OECD includes nations like the United States, France, the United Kingdom, Sweden, and Australia. The report from OECD stated that these countries have been showing immense interest in inviting foreign start-up companies and entrepreneurs to promote innovation, job creation, foreign investment, and driving economies.
OECD’s Indicators of Talent Attractiveness
The OECD’s Indicators of Talent Attractiveness is a framework designed to measure and analyze a country’s ability to attract and retain highly skilled and talented individuals from around the world. This framework assesses various factors that contribute to a country’s attractiveness to skilled workers, researchers, entrepreneurs, and innovators. economy. he system contains seven core dimensions such as market conditions & reach, access to capital, and level of digitalization & connectedness.
Canada’s Rank
The OECD found that Canada this year was among the top 25% across all dimensions in the framework, except for ‘skills environment’. Alongside Australia, Canada was said to be the only country that offers an option to apply for permanent residency to all successful start-up visa applicants from the beginning.
Further, the report stated that Canada’s diverse culture and welcoming attitude towards migrants have made it a very favourable nation for starting and running a business successfully.
Want to Immigrate to Canada as an Entrepreneur?
The popular options are as follows:
- Canada Start-Up Visa
- Canada-United States- Mexico Agreement
- Intra-Company Transfer Work Permit
- Entrepreneur/Self-Employed Work Permit
- Canada Investor Visa
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- Honest, Ethical & Reliable
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To be eligible for the Start-up Visa Program, you must:
- Proper language proficiency in English or French
- Have the required funds to settle in Canada
- Intend to settle in a province other than Quebec
- Clear Canadian security and medical evaluations
- Show proof that business is supported through a designated organization
- Meet business ownership prerequisites
The Immigration, Refugees and Citizenship Canada (IRCC) has chosen several venture capital funds, angel investor groups, and business incubators to participate in the Start-Up Visa program. The successful applicants must secure a minimum investment for their Canadian start-up.
If you need any assistance or have any questions, you can contact our Immigration Consultant in Brampton at +1 289 298 1000 or Book Free Consultation on our website canozvisas.com
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Bakhash Deep Singh
Registered Australian
Migration Agent
MARN: 1171673
He provides comprehensive and personalized services to his clients. He has handled many complex cases for Australian Immigration for his clients and has a very high success rate. He is known for his analytical and strategic approach. He is Originally from India, he has a good command over English, Hindi and Punjabi language.
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