This video provides viewers with a comprehensive breakdown of the differences between Canada's Intra Company Transfer (ICT) and Start-Up Visa programs. The content is geared towards aspiring international entrepreneurs seeking clarity on which program best aligns with their goals and circumstances when moving to Canada. Here's a summary of the video content:

Introduction:

The video intends to differentiate between the Intra Company Transfer and the Start-Up Visa program.

The goal is to help international entrepreneurs make an informed choice between the two.
Difference #1: Purpose:

ICT is for global companies wanting to move an existing employee/business owner to a Canadian subsidiary or affiliate. It's ideal for large-scale businesses with international talent.
The Start-Up Visa program targets global innovative entrepreneurs to set up their businesses in Canada. It's suitable for seasoned professionals with the right skills and funds, even if they've never owned a business.

Difference #2: Eligibility Criteria:

For ICT, one must be an active employee or owner of a multinational company and should have been involved in the company's operations full-time for at least a year.
For the Start-Up Visa, applicants need an innovative business idea, a partner with such an idea, and must secure a letter of support and commitment certificate from a designated body. There's no need for a legal international entity.

Difference #3: Length of Stay:

ICTs are temporary, generally for 1 year, with renewal options.
The Start-Up Visa offers a direct path to permanent residency (PR) in Canada. Meanwhile, as they wait for PR status, applicants can apply for an open work permit and engage in other employment or business activities, provided they continue to grow their start-up.

Difference #4: Business Control:

With ICT, individuals are mostly within an existing corporate structure, adhering to the parent company's directives, although exceptions exist for stakeholders.
Start-Up Visa holders enjoy more business control, free from the directives of a parent company, though they should coordinate with co-founders, if any.

Difference #5: Immigration Benefits:

ICT is primarily a work permit category that can lead to PR after 1 year of work in Canada.
The Start-Up Visa is designed to offer entrepreneurs a pathway to permanent residency upon meeting certain conditions.

Booking a Consultation:
Via Email: info@bwimmigration.com
Via our Website: [ Ссылка ]

Here is some more information on the Start-Up Visa program: [ Ссылка ]

Here is some more information on the Intra-Company Transfer Program:
[ Ссылка ]



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