✅Canada has unexpectedly suspended the peer review process for the Start-Up Visa (SUV) program, as announced by Immigration, Refugees, and Citizenship Canada (IRCC) on August 22. Effective from August 1, no new peer reviews will be conducted, and all ongoing ones are canceled. This means IRCC officers alone will now assess the validity of SUV applications without expert input. The peer review process, which aimed to prevent fraud by involving industry experts, has been paused due to potential system abuses. Stakeholders worry this change may lead to increased litigation due to concerns over officers' expertise in evaluating complex business ventures. . Source: www.immigration.ca . . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #StartUpVisa #SUVProgram #IRCCUpdate #PeerReview #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration

✅Canada’s Start-Up Visa (SUV) program has seen a significant increase in immigrant entrepreneurs, welcoming 3,010 newcomers by the end of June 2024. This marks a 785.3% rise compared to the same period last year. June alone saw 560 new permanent residents through the SUV, maintaining May’s numbers. British Columbia led with a 34.5% increase in June, offsetting declines in other provinces. Launched in 2015, the SUV program’s popularity has steadily grown, particularly after rebounding from a pandemic-induced slump in 2020. If current trends continue, Canada could see over 6,000 immigrant entrepreneurs by the end of the year. . Source: www.immigration.ca . . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #CanadaImmigration #StartUpVisa #Entrepreneurship #Newcomers #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration

✅Canada's Startup Visa Program (SUV) now limits permanent residence (PR) applications to 10 startups per designated organization annually, effective April 30, as announced by Immigration, Refugees, and Citizenship Canada (IRCC). This change aims to reduce backlogs and expedite processing but may restrict opportunities for prospective applicants. Since 2013, the SUV program has helped nearly 900 entrepreneurs become permanent residents, creating over 300 businesses. Key changes include capping PR applications, prioritizing startups supported by Canadian capital or affiliated with Canada's Tech Network, and requiring financial support from designated partners. Experts predict fewer than 1,000 applications this year, reducing program capacity. . Source: www.nairametrics.com . 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐋𝐚𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐋𝐚𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰 𝐒𝐢𝐦𝐦𝐢 𝐂𝐡𝐚𝐜𝐤𝐨 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐋𝐚𝐰𝐲𝐞𝐫, 𝐂𝐡𝐚𝐜𝐤𝐨 𝐋𝐚𝐰 📲+𝟏 𝟒𝟏𝟔-𝟓𝟎𝟗-𝟗𝟓𝟎𝟖 📧𝐬𝐢𝐦𝐦𝐢@𝐜𝐡𝐚𝐜𝐤𝐨𝐥𝐚𝐰.𝐜𝐚 @chackolaw.ca . . #CanadaVisa #StartupVisa #Immigration #Entrepreneurship #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration

✅Canada's Immigration Minister Marc Miller announced a cap on permanent residence applications through the Start-Up Visa Program. Immigration, Refugees and Citizenship Canada will limit yearly applications to no more than 10 start-ups per designated organization. This move is part of efforts to reduce processing times and address application backlogs in federal business programs. Priority processing will be given to entrepreneurs supported by Canadian capital or Tech Network-affiliated business incubators. Additionally, a pause on application intake for the Self-Employed Persons Program aims to focus on backlog processing. These changes, effective April 30, aim to decrease wait times while attracting innovative newcomers. Source: www.immigration.ca . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚-𝐂𝐚𝐧𝐚𝐝𝐚 𝐟𝐥𝐢𝐠𝐡𝐭 𝐝𝐞𝐚𝐥𝐬 𝐚𝐰𝐚𝐢𝐭! 𝐑𝐚𝐡𝐦𝐚𝐧 𝐓𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝟔𝟒𝟕) 𝟖𝟖𝟗-𝟐𝟕𝟕𝟔, 𝟗𝟎𝟓-𝟒𝟏𝟐-𝟐𝟕𝟖𝟕 𝐬𝐚𝐥𝐞𝐬@𝐫𝐚𝐡𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞𝐥𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #CanadaImmigration #StartUpVisa #IRCC #BusinessImmigration #mnm #malayalisnearmeapp #MalayalisNearMe #ImmigrationUpdate #ImmigrationNews #CanadaImmigration