Are you a startup founder aiming to obtain permanent residency in Canada but not through the Start-Up Visa (SUV) program? If so, the story of “Arvind” may inspire you. Through determination and strategic planning, Arvind successfully navigated the challenges of transitioning from running a technology company on a work permit to securing permanent residency in Canada. Here’s how he did it, the obstacles he encountered, and the key factors that contributed to his success.
Background Information
Arvind came to Canada in November 2022, to establish his own technology company specializing in intelligent automation solutions. He aimed to leverage Canada’s business environment to create innovative products for the construction, manufacturing, and insurance industries. Here’s a quick overview of his background:
- Citizenship: India
- Industry: Technology and automation
- Business Revenue (Year 1): $0 in business revenue, with significant time and resources invested in research, development, and setting up operations
- Business Vision: To offer advanced automation solutions such as IoT-enabled workflow systems and test automation software tailored to the Canadian market
- Language Ability: Fluent in English, with a high CELPIP score
- Past Experience: Over 15 years in technology management, including senior roles in large organizations
- Education: Master’s degree in a technology-related field
- Age: 48 years old
- Previous Program: Came to Canada on a C11 work permit under the self-employed business owner category.
Overcoming Age and Low Revenue: A Unique Business Immigration Journey
Securing permanent residency posed significant challenges for Arvind:
- Age Barrier: At 48, Arvind’s age placed him at a disadvantage under the Express Entry system, resulting in lower CRS points.
- Zero Business Revenue: The company had yet to generate income, which was still in development, focused on creating and testing advanced automation solutions. This posed challenges in proving economic establishment.
Navigating the Federal Skilled Worker Program for Entrepreneurs
We utilized the Express Entry system, specifically the Federal Skilled Worker Class, to help Arvind achieve his permanent residency. Here’s how we addressed the main challenges and strengthened his application:
- Prepared a Strong Application: Highlighted Arvind’s extensive background, the company’s progress, and the long-term potential of the automation solutions.
- Addressed Major Difficulties: Developed strategies to mitigate the age-related CRS score disadvantage and provided evidence of the company’s growth potential despite its current revenue status.
- Proved Economic Contributions: Included details of the company’s development work, partnerships with local suppliers, and the expected economic impact of the new automation products.
Critical Factors in a Successful Permanent Residence Application in 3.5 Months
Arvind’s application for permanent residency was approved in just 3.5 months, demonstrating the effectiveness of a well-prepared and strategically managed application.
Expert Immigration Guidance for Startup Founders in Canada
Several factors contributed to Arvind’s success:
- Client’s Strong Language Skills: Arvind’s excellent English proficiency, supported by high CELPIP scores, demonstrated his ability to integrate into the Canadian business environment.
- Comprehensive Documentation: The application included thorough documentation showcasing the company’s progress, future growth plans, financial resources, and economic potential.
- Evidence of Growth Potential: Although the business had yet to generate revenue, its development activities, strategic partnerships, and plans to roll out its solutions provided compelling evidence of its economic viability.
- Strategic Planning: We effectively addressed the age-related CRS score challenge by demonstrating Arvind’s strong business prospects and ongoing economic contributions.
How Sobirovs Law Firm Can Help
Securing permanent residency for start-up founders requires addressing unique challenges and proving your business’s potential in Canada. Our team can guide you through the process, from preparing a comprehensive permanent residency application to tackling hurdles like age-related score disadvantages and early-stage business growth. We helped Arvind achieve his goals, and we can do the same for you.
If you’re a start-up founder looking for a pathway to permanent residency in Canada, contact us to explore how we can help make your Canadian dream a reality.