Canada Caps Startup Visa Program to 10 Startups per Organization

✅Canada's Startup Visa Program (SUV) now limits permanent residence (PR) applications to 10 startups per designated organization annually, effective April 30, as announced by Immigration, Refugees, and Citizenship Canada (IRCC). This change aims to reduce backlogs and expedite processing but may restrict opportunities for prospective applicants. Since 2013, the SUV program has helped nearly 900 entrepreneurs become permanent residents, creating over 300 businesses. Key changes include capping PR applications, prioritizing startups supported by Canadian capital or affiliated with Canada's Tech Network, and requiring financial support from designated partners. Experts predict fewer than 1,000 applications this year, reducing program capacity. . Source: www.nairametrics.com . 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐋𝐚𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐋𝐚𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰 𝐒𝐢𝐦𝐦𝐢 𝐂𝐡𝐚𝐜𝐤𝐨 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐋𝐚𝐰𝐲𝐞𝐫, 𝐂𝐡𝐚𝐜𝐤𝐨 𝐋𝐚𝐰 📲+𝟏 𝟒𝟏𝟔-𝟓𝟎𝟗-𝟗𝟓𝟎𝟖 📧𝐬𝐢𝐦𝐦𝐢@𝐜𝐡𝐚𝐜𝐤𝐨𝐥𝐚𝐰.𝐜𝐚 @chackolaw.ca . . #CanadaVisa #StartupVisa #Immigration #Entrepreneurship #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration