This is an illustrative scenario: the people and details are for explanation only and are not a real client case. Every family’s outcome depends on its background and the policies in force at the time.
Background
Three Hong Kong restaurant partners (pseudonyms) and their families. They wanted to move to Canada together and build a restaurant-technology business.
Main concern
They were unsure how to divide ownership, and worried one refusal could affect the others.
Our approach
Following the rules, each held at least 10% of the voting rights and, together with the incubator, a majority; roles were clearly divided and essential persons were chosen carefully.
Process and outcome
All three applicants and their families received permanent residence.
Adviser’s comment
For team applications, plan the team and shareholder agreement clearly from the start.
SUV application process
- Assessment and business direction (1–2 weeks): We choose a business direction that suits your background.
- Business plan and prototype (1–3 months): We write the business plan and pitch deck, and our in-house developers build a website or app prototype.
- Incubator and letter of support (Per the incubator’s timeline): Join a designated incubator and obtain the letter of support — with a full refund if it cannot be obtained.
- Permanent residence application (Previously about 18 months): File the permanent residence application with the letter of support; applicants already in Canada on an SUV work permit are now processed first.
Is this right for you?
Every family’s background and timeline is different. To find out whether a similar plan could work for you, book a free consultation with Global Immigrate.
Learn more: Canada Federal Start-up Visa (SUV)