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Updates to Canada’s Start-Up Visa Program and Self-Employed Persons Programs

By Casey April 30, 2024 (Updated April 30, 2024) 1 min. read
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Canada’s Immigration Minister has announced a reform of the Start-Up Visa program and a temporary stop to the Self-Employed Persons program that will take effect on April 30, 2024.

Start-Up Visa Program Changes

Limited Applications and Priority Processing

To improve efficiency, the Start-up Visa program will cap how many applicants can be approved from each supporting business group. Entrepreneurs with backing from Canadian funding sources or established tech incubators will have their applications fast-tracked.

Self-Employed Persons Program Changes

Due to a backlog of applications causing long wait times, Canada has temporarily stopped accepting new applications for its Self-Employed Persons program. This pause is expected to last until late 2026 to allow time to process existing applications and improve the program.

Important To Consider

Notably both programs fall under the “Federal Business” category of the immigration levels plan, which is set to increase from a 5,000-newcomer allocation to a 6,000-newcomer allotment starting in 2025.

Speaking on the 29th of April, Miller reiterated the need for more efficient processing for these streams:

“Fast processing is critical to the success of entrepreneurs who come to Canada through our federal business programs. These necessary changes will set…. faster processing times while we look ahead to further reforms to make these programs more sustainable and effective over the long term.”

Are You Interested in Canada’s Start-Up Visa Program?

If so, Contact VisaPlace today. All our cases are handled by competent and experienced immigration professionals who are affiliated with VisaPlace. These professionals consist of lawyers, licensed paralegals, and consultants who work for VisaPlace Legal, an award-winning immigration firm that adheres to the highest standards of client service.

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