"Navigating the Startup Visa Process: Essential Tips for Including Non-Migrating Team Members in Your Canadian Venture"!!! (www.dreamvisas.com)
When applying for a Canadian Startup Visa, it's crucial to take precautions if including a non-migrating team member in your application. This setup allows for the inclusion of a team member who may not intend to move to Canada but holds an equity stake in the startup.
Please do watch - Manoj Palwe - The role of Non Migrating Team Member in the Canadian Start up visa process !!!
The primary migrating applicants must own at least 51% of the equity in the startup. A non-migrating individual, whether a Canadian citizen, permanent resident, or an international national, can participate in the venture with up to 49% of the equity. This distribution ensures that the primary control remains with those moving to Canada.
The activities of non-migrating team members must strictly comply with Canadian laws and regulations, irrespective of their location. This adherence is crucial to prevent any legal or ethical issues that could arise from their involvement in the startup.
Full disclosure of the non-migrating member's role and equity in the startup is essential during the application process. This information, particularly highlighted in the incubator's support letter, is scrutinized by visa officers to ensure compliance with Canadian standards and regulations.
Monitoring and verifying the non-migrating team member's adherence to Canadian rules is necessary to avoid complications in the visa application process. Ensuring that their activities are within legal boundaries helps in maintaining the integrity of the application and avoiding potential scrutiny from visa officers.
I am a member of the Immigration Consultants of Canada Regulatory Council (ICCRC ID R422575) and Australian migration department has given me offshore agent id 3000526. Please visit our website https://www.dreamvisas.com.
You can contact me on +91 98220 33225
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