Top 3 Ways for Tech Companies & Entrepreneurs to Move to Canada

What Are the Top Ways for Tech Companies & Entrepreneurs to Move to Canada?

Some key options to consider are the Intra-Company Transfer Program, Start-Up Visa Program, and the Significant Benefit Work Permit. 

Intra-Company Transfer Program (ICT)

What is Canada’s Intra-Company Transfer Program?

The ICT Program was designed by the Government of Canada to allow successful foreign companies to establish or launch their operations in Canada. This program also allows such companies to transfer senior executive, managerial and key staff from the parent company to the Canadian affiliate.

Foreign tech companies applying for the ICT program must meet the following requirements: 

  • Operational: a foreign company must be operational and actively doing business for at least 12 months, which means regularly, systematically, and continuously providing goods and/or services in a foreign country.
  • Strong Financials: The company must be able to commence business in Canada, compensate employees accordingly, and show proof of financial capability. 
  • Business Plan: The company must disclose realistic plans with respect to the new operations in Canada. When transferring executives or managers, the company must demonstrate that it will be large enough to support executive or management functions.
    • If transferring a specialized knowledge worker, the company must demonstrate that it is expected to be doing business and ensure that the worker is guided and directed by management at the Canadian operation.
  • Ownership Structure:  Both the Canadian and foreign companies must be owned or controlled by the same individuals or group of individuals. The Canadian and foreign enterprises must be legal entities that have a parent, subsidiary, branch or affiliate business relationship.

Start-Up Visa Program (SUV)

What is the Start-Up Visa Program in Canada?

This program is a federal program targeting immigrant entrepreneurs with skills and potential to build businesses in Canada that are (i) innovative, (ii) can create jobs for Canadians, and (iii) can compete on a global scale.

This program offers permanent residence to qualified applicants and is available to up to 5 founding partners within a start-up.

In order to qualify for the SUV program, applicants must demonstrate the following:

  • Business in Canada: At the time that applicants receive permanent residence, applicants must have an incorporated business in Canada and an essential part of the business must be happening within Canada.
    • A Support Letter: Applicants must also get a letter of support from a designated organization in Canada that outlines the extent of their investment or support.
  • A designated organization is an approved investment company, such as an angel investor, venture capital fund or an incubator, that is willing to support and invest in the start-up.
  • Ownership Structure: Each applicant must hold a minimum of 10% of voting rights in the start-up. Applicants and the designated organization must jointly hold more than 50% of the total voting rights in their proposed business in Canada. 
  • Language: Each applicant must meet the language requirements at CLB level 5
  • Capital: Applicants must demonstrate that they have enough money to support themselves and their accompanying families in Canada. The amount of funds depends on the family composition of the applicants. For example, a family consisting of 6 members must demonstrate the availability of $30,806 CAD, while a family composition of 4 people must have around $24,083. These amounts are updated annually.

FAQs About The Start-Up Visa Program

Significant Benefit Work Permit

What is a Significant Benefit Work Permit in Canada?

This type of work permit is available to immigrant entrepreneurs with skills and potential to build businesses in Canada that are innovative and can create jobs for Canadians. This program offers an initial 2-year work permit, with the possibility of additional extensions. 

Applicants holding this type of work permit may be eligible for permanent residence through the Express Entry program or their respective Provincial Nominee Programs

In order to qualify for this type of work permit, applicants must demonstrate the following:

  • Business in Canada: Applicants must have an incorporated business in Canada that is actively engaged in business or that is nearly operational. 
  • Strong Financials: applicants must demonstrate financial ability to commence business in Canada and compensate employees accordingly. 
  • Business Plan: the applicants must present a strong business plan that clearly outlines the significant benefit factors such as creating a viable business in the technology industry that employs (or will employ) Canadian workers, provides the economic stimulus. The applicants should also demonstrate a unique background or skill set that will improve business viability.

There’s no denying that Canada deserves a close look from tech entrepreneurs searching for a place to launch their business.  Canadians are welcoming, accepting and inclusive, and the country, for the most part, has been built on the idea that strength comes from diversity. This makes Canada a very attractive place for people and families to live and do business.

Global tech companies and entrepreneurs can also consider other immigration programs to launch their businesses in Canada.

The Sobirovs team of immigration lawyers is very experienced in the programs above. They have helped many clients to benefit from the immigration flexibility that Canada offers. We probably can help you, too. Contact us to find out more about your business immigration options by completing this simple form today!

Bringing You, Your Tech Talent & Your Business To Canada

Get started and make your first step towards Canada. Book your 1-hour strategy meeting with a licensed Canadian immigration lawyer.

Immigration to Canada can be very complicated for businesses, business owners, and foreign employees. Hiring business immigration lawyers with the skill, experience, and patience is often crucial to successfully navigating this complex process. The experienced professionals at Sobirovs Law Firm offer tailored legal services in all business and corporate immigration matters. Contact us for more information on how we can help you meet your immigration needs.

We have worked with & represented clients from all walks of life. Always just one call – or click – away, weʼre happy to help you begin your & your familyʼs journey to Canada.

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Our Clients Say…

Yemi Okunbor
Yemi Okunbor
From the initial consultation to the successful acquisition of my permanent resident card, the entire process was seamless and stress free.A big thank you to the entire Sobirovs team, especially Yulia, and Farouk. They demonstrated exceptional expertise and professionalism throughout, guiding me with precision and clarity. Their commitment to providing personalized and thorough assistance made a significant impact on my overall experience. Thank you, Sobirovs law firm for your exceptional service and for making my journey to permanent residency a smooth and gratifying experience.
Kenneth Leong
Kenneth Leong
I must say that SOBIROVS has an excellent team to guide us to getting our work permits approved. I want to personally thank Feruza, Judy, Owen and Medina in getting us "pass the gates". Not to mention the entire team that is behind the scene. My family and I are deeply grateful for their excellent work and professional advice. A special thanks to Ms Judy for her untiring dedication to making this opportunity a reality for my family and I. We have full confidence in Feruza and her team and I will continue to use their services for the next step of our application for PR status later on.
Siarhei Vasilyeu
Siarhei Vasilyeu
My family (5) have chosen Sobirovs for our ICT visa application, and now we confidently recommend them! Right from the start you will be assigned a special team within their firm who will be busy with your plans, needs and documents. The process is organized very efficiently, what is crucial when you run your own business on your side. Once the documents submitted to IRCC, the pre-submission team entrust your case to post-submission group, who monitor the progress and keep you constantly updated what's going on with the case. As a result, our ICT application was approved in just several weeks from submission, just wooow. Thank you and thumbs up for Monique, Mariam, Owen, Madina, and Ms. Feruza who was our lead lawyer. Sobirovs is your smart choice, they know how to do the rest.
Muzammil Habib
Muzammil Habib
I would like to thanks Sobirovs Law Firm team especially Monique, Mariiam Jamal, Owen and Ms. Feroza. They done a great job and help me to get ICT work permit. Their team work was excllent and they worked professionally. Here I would like to present my special thanks for Monique who communicated with me nicely. She respond me quickly whatever I have questions in my mind. She is so nice I like her working style. In the end I can say that all of them are really professional. Thanks for all this. Hope to see you soon.
Rahul C
Rahul C
Exceptional service of the utmost quality and professionalism. I extend my heartfelt gratitude to the entire team, with special acknowledgments to Nity, Judy, Feruza, Owen, and Medina, for their invaluable assistance in securing the approval of my application. I am sincerely appreciative of the outstanding service and unwavering support provided. This is by far the best immigration law firms in Canada who work with complete transparency.
Ulugbek Holmatov
Ulugbek Holmatov
Great job 👏👏👏👏 Great leader, Rakhmad Sobirov for his leadership skills and great managers: Feruza, Monique, Mariam, Owen, Madina for their respective professionalism 👌👌👌 Well organized and professional law team for Canadian immigration. I really enjoyed with my Canadian business visa process. I really appreciate Sobirovs Law firm for their great service and experience. P.S.: This law firm was selected by Our company among top 5 law firms for Canadian business immigration process Great successes🎉
Thomas Bulmer
Thomas Bulmer
Mariam, Monique and the team have been great to work with. Sobirov's has helped a number of our team members identify, apply for and get granted the necessary visas for us to set up our Canadian enterprise. Recommend.
Jason Tsarouhas
Jason Tsarouhas
Mariam and her team have helped us migrate our entire workforce from Australia to Canada. We couldn't have been more prepared by the time we made it to the border. The team were accessible, informative and detail orientated which is exactly what you want when you have stresses of moving your company and life to the other side of the world! A HUGE thank you to the team for their efforts so far and future work we'll be doing together! Jason, Learning Online!
Victor Arakaki
Victor Arakaki
We're incredibly grateful for the fantastic work done by the entire Sobirovs team!. While our work permit application had its share of challenges, Feruza, an outstanding lawyer with extensive expertise in business immigration, played a pivotal role. Her leadership and guidance were so important in getting our Work Permits approval. We must also acknowledge the exceptional contributions of Judy Lee, Nitty, Monique, Rachel and the rest of the team who supported us on this journey. It's clear that we'll continue to entrust Feruza and her team with any of our future legal needs. We have full confidence in Feruza and her team and highly recommend their services.
Hardik Vyas
Hardik Vyas
Rating: ⭐⭐⭐⭐⭐ I cannot express enough how impressed and satisfied I am with Sobirovs Law Firm's immigration services. Their professionalism and extensive knowledge in the field of immigration are truly outstanding. We recently applied for an ICT (Intra-Company Transfer) application, and to our amazement, we received a decision within just two months from the date of application. This prompt and efficient service reflects the exceptional quality of Sobirovs' work. I would like to extend my heartfelt gratitude to Feruza, Mariam, Monique, Owen, and the entire post-submission team who guided us through every step of the application process. Their dedication, expertise, and willingness to assist were invaluable throughout the entire journey. We are now filled with excitement as we embark on our new journey, thanks to Sobirovs Law Firm's assistance. Without a doubt, we will be relying on their services for all our future matters related to permanent residency or immigration services. I wholeheartedly recommend Sobirovs Law Firm to anyone seeking top-notch immigration assistance. Their commitment to their clients and their ability to deliver results is truly commendable. Thank you, Sobirovs, for making our dreams a reality!

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