{"id":126967,"date":"2023-10-04T13:08:01","date_gmt":"2023-10-04T17:08:01","guid":{"rendered":"https:\/\/immigration.ca\/canada-start-up-visas-popularity-surges-in-july-with-boost-in-permanent-residence-for-immigrant-entrepreneurs\/"},"modified":"2023-10-04T17:50:25","modified_gmt":"2023-10-04T21:50:25","slug":"canada-start-up-visas-popularity-surges-in-july-with-boost-in-permanent-residence-for-immigrant-entrepreneurs","status":"publish","type":"post","link":"https:\/\/immigration.ca\/fr\/canada-start-up-visas-popularity-surges-in-july-with-boost-in-permanent-residence-for-immigrant-entrepreneurs\/","title":{"rendered":"Canada Start-Up Visa\u2019s Popularity Surges In July With Boost In Permanent Residence For Immigrant Entrepreneurs"},"content":{"rendered":"

The popularity of Canada\u2019s\u00a0Start-Up Visa<\/span><\/a>\u00a0(SUV) immigration program soared in July as the number of monthly arrivals under it more than doubled compared to the previous month, reveals the latest data from Immigration, Refugees and Citizenship Canada (IRCC).<\/p>\n

In June, 65 new permanent residents had immigrated under the entrepreneurship program. In July, that spiked upwards 107.7 per cent to hit 135 new permanent residents for the month.<\/p>\n

With those latest arrivals, Canada had welcomed 480 new permanent residents through the SUV by the end of the first seven months of this year, up 33.3 per cent from the 360 during the comparable period last year.<\/p>\n

That puts the country on track to welcome 823 immigrant entrepreneurs through the SUV this year, an increase of 43.1 per cent compared to the 575 newcomers who arrived under the program last year, provided the trend set in the first seven months of this year continues through to the end of the year.<\/p>\n

IRCC has allocated substantial planned admissions for permanent residence to Start-Up Visa applicants.\u00a0 <\/span>Whereas this number has only been 1,000 per year during the past few years, in 2023, 2024 and 2025, this number will increase dramatically to 3,500, 5,000 and 6,000 respectively.<\/p>\n

\n

Read More<\/b><\/p>\n

Navigating Alberta: 13 Essential Tips for New Immigrants<\/a><\/span>
\nCanada Employment Increased In August, but Not As Fast As Its Population<\/span><\/a>
\nCanada Ranked As Second Best Country In World<\/span><\/a><\/span><\/p>\n

\n

The most popular destinations for immigrant entrepreneurs arriving under the\u00a0SUV\u00a0so far this year have been Ontario and British Columbia.<\/p>\n

Ontario had received 240 new permanent residents through the program at the end of the first seven months of this year, an increase of 45.5 per cent in the province\u2019s performance under the SUV for the comparable period last year.<\/p>\n

The West Coast province of British Columbia had welcomed 165 new permanent residents through the\u00a0SUV\u00a0by the end of July, roughly on par with the 160 the province welcomed for the comparable period last year.<\/p>\n

Alberta had added 20 new permanent residents through the program by the end of July.<\/p>\n

\n

Video<\/b><\/p>\n