The Canada Start-up visa program does not require investment amounts. However, applicants should be financially prepared for significant expenses in launching and sustaining a business in Canada. Here is the detail of the processing fees in Canada:
|
Start-up visa |
Processing cost |
|
Business concept development |
CAD 20,000 - CAD 100,000 |
|
Designated incubator fees |
CAD 25,000 - CAD 50,000 |
|
Legal fees |
CAD 10,000 - CAD 30,000 |
|
Company formation fees |
CAD 3,000 - CAD 5,000 |
|
IRCC government fees per family |
CAD 3,500 - CAD 5,000 |
|
Operational costs over three years (includes hiring, taxes, and expenses) |
CAD 50,000 - CAD 150,000 |