Canada wants to make start-up visa program permanent

Canada wants to make start-up visa program permanent

Canada wants to make start-up visa program permanent

Canada wants to make start-up visa program permanent

The federal government of Canada is seeking to make permanent the Start-up Visa Program, an immigration pilot project, which offers a pathway to permanent residency to overseas entrepreneurs who are willing shift their companies to this North American country.

Ahmed Hussen, the Minister of Immigration, Refugees and Citizenship, was quoted by The Globe and Mail as saying on 28 July that their government’s plan for innovation and skills had recognised fostering of entrepreneurship and the growth of start-ups as crucial to the Canadian economy and making permanent the Start-up Visa Program backs this particular agenda.

The Start-up Visa Program, which was flagged off in 2013 during Harper government’s tenure, was slated to expire in 2018, but it has now been decided to make it a part of IRCC (Immigration, Refugees, and Citizenship Canada) policy.

Since its inception, these start-up visas were granted to 117 people, who represented 68 companies. Two of them had been purchased by American companies.

An applicant for this program should have a commitment from one of the qualified Canadian investors, be they venture-capital companies, angel investors, and start-up incubators. Only applicants who procure an investment from these sources will be considered by IRCC for their visa application, the processing of which can take up to six months.

To hasten this process, Mr. Hussen said that a change his department will undertake is to develop a more customer-friendly online portal that will eliminate the unqualified applicants before they can start seeking investors. There is also a proposal to allow Canadian consular officials to become more directly involved in linking start-up and accelerator networks and directing those entrepreneurs toward the program.

Navdeep Bains, the Minister for Innovation, Science, and Economic Development said that extending the program along with the recently unveiled Global Skills Strategy is a proposal to demonstrate that Canada’s doors are open to international talent.

He said that they were focused truly on throwing open doors and generating opportunities for people to come to Canada and help create and develop its businesses.

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Australia Business Talent subclass 132 (Permanent) Visa

Australia Business Talent subclass 132 (Permanent) Visa

Australia Business Talent subclass 132 (Permanent) Visa

Australia Business Talent subclass 132 (Permanent) Visa

Australia Business Talent (Subcategory 132) Permit is a Permanent Residence (PR) Visa; it’s basically not an ‘investment’ visa. It is a specialist permit tailored for high net worth people, below the age of 55, with an excellent commercial background. It is vital that the candidates aim to settle in a particular Australian state or territory and set-up a business, which gives ‘exceptional’ economic advantage to the state/territory. The visa can be gained only in case you get an invite even as it’s an important component of the well-known Australian Business Innovation and Investment Scheme.

Prior to gaining an invite to submit a submission, it is expected of the applicants to present an Expression of Interest (EOI), through the online visa and immigration facility, Skill Select. It is vital that the EOI clearly states if the candidates are motivated with either of the two Australia Business Talent (Permanent) (Subcategory 132) Visa categories, namely, the Venture Capital Entrepreneur Stream, and the Significant Business History stream. It is also essential that the candidates indicate if they are motivated with only one or every territory & state of Down Under. Significantly, the candidates do not have to furnish any supporting certificates/papers.

Australia Business Talent (Permanent) (Subclass 132) Visa Streams

As mentioned just a short will ago, the permit category has two sub categories the Significant Business History Stream, and the Venture Capital Entrepreneur Stream. The first one is meant for the prosperous owners or part owners of a firm who are eager to get hold of a key management role in a completely new or existing business enterprise in Oz. The number two is meant for those who have received at least AUD1 million in funding from an Australian venture capital group.

Requirements

As stated previously, submission can be made only if you have gained an invite for the purpose.

For the Significant Business History Category the aspirants ought to:

Submit an EOI;

  • Have nomination from an Australian territory or state administration;
  • Be below 55 years of age;
  • Possess business &personal resources worth AUD1.5 million;
  • AUD400 000 should be net assets in the business; and
  • Possess an overall business turnover of AUD3 million.

For the Venture Capital Entrepreneur Category, the aspirants should: have obtained not less than AUD1 million in funding from a venture capital firm of Oz, for the business concept with a fairly high value.

Business Talent Visa (subclass 132): Some Major Benefits

The widely accepted visa allows you to do several things and gain several things. It enables you to set-up a new or build-up an existing group/firm in Down Under. It’s a permanent residence visa. It enables you along with family members (those who have the permit) to:

  • Reside in Australia for an indefinite period.
  • Do a job and pursue studies in the country.
  • Register for Medicare the nation’s popular program for health-associated care & expenses.
  • File a petition for Australian citizenship (of course, in case you are qualified).
  • Offer sponsorship to entitled family members for permanent residence.
  • Take a trip to and from the nation for a period of 5 years from the date the permit is offered (post the said time, you will require a Resident Return Visa (RRV) or a new permit to come back to Oz).

Post Petition Submission

After you submit your immigration application and documents, you will be contacted by the relevant body which will inform you it has gained the particulars; you will be allocated a case officially, a decision will be taken on your petition, you will be asked to appear for an interview (of course if it is necessary), more data will be sought (again if the same is needed) before a decision is taken.

In case you want to present a submission for the Sub-class 132 Immigration Permit, please feel free to email at info@globalgateways.co.in.

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Huge requirement of overseas skilled medical professionals in Western Australia

Huge requirement of overseas skilled medical professionals in Western Australia

Huge requirement of overseas skilled medical professionals in Western Australia

Huge requirement of overseas skilled medical professionals in Western Australia

There is a huge requirement of overseas skilled medical professionals in Western Australia as revealed by the state in its updated skilled immigration occupation list. The updated list has now 18 occupations from the earlier 178 occupations that were inclusive of engineers and bricklayers. The vast requisite of overseas skilled medical professionals is topped by Midwives and Registered nurses.

The updated list reveals that the need for overseas skilled medical professionals in not just in Western Australia but also for the nation as a whole.

The 18 occupations that are now included in the updated list include Registered nurses, Midwife, Gynecologist, Psychiatrist, Neurosurgeon, and GP’s. Registered nurses are required for preoperative care, mental health, emergency and critical care, community health, family health, and child health.

Mark McGowan the Premier of Western Australia said that visa approval will be based on authenticity and economic need. The current economic situation demands that labor market is managed judiciously between locals and overseas workers added Mark.

Employers in Western Australia who intend to hire overseas skilled medical professionals will have to prove that local workers cannot be hired for those jobs, said Mark McGowan. Only then they will be permitted to fast track overseas skilled workers added the Premier of Western Australia.

Elaborating on the economy of the state Mark said that there has been a drastic transformation in the economy in the post-mining boom era. All efforts must be made to accentuate the growth of labor market, explained Mark, as quoted by the Australia Forum. He also revealed that the Federal Government of Australia has confirmed that Perth will be eliminated as a region from the Regional Sponsored Immigration Scheme.

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