Canada Business Visas
“I am interested in starting a new business in Canada- what skills or experience do I need to do this? I have no degree but have been successfully running my business for years.” - Mr. R. Mohammed
Canada’s great at welcoming and encouraging entrepreneurs, but a lot has to be checked out before they accept these types of applications. The government of Canada need to be sure that the business proposal you put forward will have a good chance of benefitting the Canadian economy for the long term. One of the areas they will look at is your education, but you’ll be pleased to know that a degree is not a prerequisite for acceptance. You will, however, need to show that you’ve spent at least a year in some secondary education. But what’s more important is that you can show your competence in running a business over a number of years, so on that score it sounds like you’ve got every chance for success!
“Is starting up a business in Canada expensive? Will I need money or can I expect some kind of assistance from the Canadian government in setting up my new company?”
The simple answer to this is: You’ve got to spend money to make money. Very few businesses start from nothing and, so, the Canadian government will expect new entrepreneurs to pay their own way. This means you’ll need to be able to support yourself financially both personally and professionally until such time that your business is up and running. How much you’ll need depends completely on the size of your family; so, if you have three members, you’ll need roughly seventeen thousand dollars. This amount, however, is constantly reviewed by the Canadian authorities- get in touch with us to find out more information on starting your own business in Canada.
February 12, 2015