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…

Lucia Lu
Lucia Lu
I cannot say enough good things about Sobirovs Law Firm’s exceptional team. My work permit application was quite complex and underwent numerous tests, including a rejection from the first attempt. Feruza developed a tailored strategy that contributed to the best chance of success in the resubmission, and her entire team presented my case with unparalleled expertise and genuine care. I want to express my heartfelt gratitude to Maggie, a phenomenal consultant who supported me in every step of the application, took the time to understand my unique situation and answered all my questions patiently. Her in-depth knowledge of the work permit program, proficiency in preparing my application and professional communication were reassuring and truly remarkable. Thanks to your team’s extraordinary work, I can now pursue my business goals in Canada with peace of mind. I am grateful for your hard work and the compassionate support you provided throughout this journey. You have my highest recommendation without any reservations.
Nomin Dunburee
Nomin Dunburee
I had the pleasure of collaborating with the highly skilled professionals at Sobirovs to achieve my goals. Feruza's extensive expertise was invaluable, as she guided me through the most suitable pathway for my business immigration. I am profoundly grateful for choosing Sobirovs and highly recommend their exceptional services!
Bimal Banik
Bimal Banik
I really appreciate Sovirovs professional services ,I am truly happy and satisfied with their team work .I wish them all the best
Amirov Temur
Amirov Temur
I am happy with the help I got from Sobirov Law Firm. They were always there for me : answering my questions and giving me support through the visa application process and with general immigration related questions. They made everything easier and were quick to respond whenever I needed them. I would recommend Sobirov Law Firm to anyone needing visa assistance for Canada. I trusted them, and did not regret! Thanks for all your help! I hope for further cooperation with you.
Yuri l
Yuri l
I would like to express my sincere gratitude to Ms. Feruza Djamalova, Ms. Judy Le and the entire team of Sobirovs Law Firm for their highly professional and excellent work in the complicated process of obtaining approval of our application for the business immigration program. I had several previous refusals over the course of 5 years. At that point, I contacted Sobirovs Law Firm. Their knowledge, competence, and perseverance turned my application into a success! My case was dealt by Feruza and Judy and I sincerely appreciate what an incredible job they have done and how much they have helped us. I believe they have a special gift and talent for assisting their clients. I want to particularly thank Judy for her patience and attention to detail in our case and also for thanks to her diligence, skill and attention to detail. I highly recommend Sobirovs Law Firm to anyone who wants to move to Canada using Business Immigration Programs and is looking for an immigration law firm capable of making a dream come true. They are highly professional and specialized in this field. I would like to extend my heartfelt thanks for their support.
Syed Namdaar Ali
Syed Namdaar Ali
My experience with Sobirov's was very rewarding. Starting from LMIA to Work permit it was a smooth sail. The entire team especially Yulia prepared my case painstakingly. They guided me on every little detail. Special thanks to Feroza, Farukh, Madina and the entire team for making this happen.
Bhrushank Ved
Bhrushank Ved
I had an amazing experience with the Sobirovs in applying for my C11 Work Permit. Feruza, Maggie, Judy and Yulia planned every step of the way and made the process a breeze. Benjamin was also quite knowledgeable and assisted me with the business plan for my application. I recommend Sobirovs team if you plan to expand your existing business or start a new business in Canada. Highly recommended!
Senol Ercetin
Senol Ercetin
Dear Sobirovs Team, I would like to thank you (Yulia, Faruk, Feruza, Madina) for taking care of us closely in obtaining the necessary work permits for the establishment of the Canadian branch of our company and the necessary visas for our family. You have carried out a flawless process. With sincere regards
Rakesh Shrivastava
Rakesh Shrivastava
I had a great experience working with the Sobirov Law Firm. The entire team was professional, prompt, and meticulous in their approach. We started working with them on LMIA under GTS of the Temporary Foreign Worker Program. The time it took from creation of an Incorporation to submission and approval of our application was around 8 weeks. Work Permit approval took another 2 weeks. They also helped us get shared office space since it was a new experience for us. They guided us in finding a payroll service provider and a realtor to help with the relocation of the foreign employee. My sincere thanks to Feruza Djamalova and Rakhmad Sobirov (Attorneys), and Yulia Kan (Team Lead).

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