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Posted on November 01 2022

Canada Start-up Visa issuing three times more Canada PR visas in 2022 than last year

By  Editor
Updated January 12 2024

Highlights of issuing Canada PR visas through SUV in 2022

  • Canada welcomed 420 new PRs in the first eight months of 2022 through the Start-Up visa
  • In August 2022, 50 more entrepreneurs were welcomed as permanent residents
  • SUV can welcome a total of 630 permanent residents this year
  • British Columbia invited 190 while Ontario invited 185 permanent residents till August 2022

*Check your eligibility to migrate to Canada through the Y-Axis Canada Immigration Points Calculator.

SUV issued three times more invitations for Canada PR in 2022

Immigrant entrepreneurs have set up their businesses in Canada through the Canada Start-Up visa. This number is three times more than in 2021. From January to August 2022, the number of permanent residents welcomed through the Canada SUV was 420. This number is much more in comparison to the same period in 2021 when 145 permanent residents were welcomed.

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Welcoming PRs through SUV increased by 13.5 percent from pre-pandemic levels

By the end of August 2022, Canada invited 50 more entrepreneurs in comparison to August 2019. Less permanent residents are welcomed to Canada through SUV in comparison to other programs like:

Monthly fluctuations are more due to the smaller number of invitations through the SUV.

Number of invitations in different months of 2022 through Canada Start-Up Visa

The number of entrepreneurs invited to Canada in the first seven months of 2022 is given in the table below:

Month Canada SUV invitations
January 55
February 40
March 60
April 20
May 60
June 70
July 45

The average invitations through this program are 52.5 percent and at this current rate, 630 permanent residents can be invited by the end of 2022 through the Start-Up visa program. The two provinces that are more benefitted through the SUV program are British Columbia and Ontario. The number of permanent residents welcomed through the SUV in these provinces can be found in the table below:

Province Number of invitations through Canada SUV
British Columbia 190
Ontario 185

Candidates who want to migrate to Canada through the Start-Up visa have to come through a work permit provided by their designated Canadian investor. Applicants have to wait for finalization of their Canada PR applications.

Are you looking to migrate to Canada? Talk to Y-Axis, the world’s no. 1 overseas immigration consultant.

Also Read: Canada Start-Up Visa approvals increase a whopping 70% in 2022

Web Story: In the first 8 months, Canada’s Start-Up Visa program is raised to 190 percent compared to last year


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