Vietnam
Hong Kong
TaiwanTimeline
| Year | Development |
|---|---|
| 2013 | Launched as a pilot to attract entrepreneurs from overseas |
| 2018 | Became a permanent programme |
| December 2025 | New optional work permit applications stopped; new commitment certificates stopped at year end |
| 30 June 2026 | Final application deadline; programme paused |
| 2026 | IRCC says a new entrepreneur pilot will be announced |
The core idea
The SUV aimed to attract immigrant entrepreneurs to build businesses in Canada (outside Quebec) that are:
- innovative
- able to create jobs for Canadians
- able to compete globally
Key features
- No minimum investment or net worth requirement
- Direct permanent residence for the family
- A language requirement of IELTS 5
- Up to five founders applying together
Why was it paused?
Business immigration had built up a large backlog. IRCC said the pause and related measures would help manage it, support immigration levels and lay the foundation for a new programme.
What it suggests for the future
The new programme is likely to keep the focus on innovation, jobs and competitiveness, with more weight on real economic contribution. Prospective applicants can prepare a business idea, prototype, language results and proof of funds now.
Global Immigrate and the SUV
We have specialised in the SUV since 2018 and helped more than 100 families gain Canadian permanent residence.