Innovation used to happen in Western world – NOT ANY MORE – It happens in every corner or garage of the world. This reverse innovation has tempted Innovation hungry following countries have designed special program to attract not only Start Up idea but its founder as well.
Australia- Start Up Visa
Programme Name :
Business Talent (Permanent) visa (subclass 132)Venture Capital Entrepreneur stream
Programme requirements:
This visa is for people who have sourced venture capital funding from a member of the Australian Investment Council (AIC) (formerly known as the Australian Private Equity and Venture Capital Association Limited (AVCAL)).
You must have funding of at least AUD1 million from an Australian venture capital firm
Visa Validity : Permanently
Processing fees : From AUD7,855
Processing Time : 4-6 months
There is another visa.
Canada – Start Up Visa
Programme Name:
Permanent residence visa in a simplified way. For those who wish to immigrate to the country, unlike other programs offering temporary visas.
Access to the structure and support that the country offers to its companies, including:
Low taxes and fees
Easy to open company.
Assistance from a local institution (accelerator or incubator) to validate the market, connections, mentoring, and other benefits.
You must have an invitation letter from an organization specially designated by the Canadian Government (usually an accelerator or incubator).
Programme requirements:
Have qualifying business
Get a letter of support from a designated organization
This organization must hold 50% of the company’s shares
Have up to 5 partners in your startup
Proficiency is proven in English or French
Proven financial resources
Validity of the visa : Permanent
Processing time : 60 days
Chile- Start Up Visa
Programme Name : Startup Chile
Programme requirements:
Six months in the most renowned acceleration program in Latin America
Approximately $ 30k of equity investment free
Possibility of taking family members with you
Be accepted in the program of Startup Chile. It takes around five months between applying for the visa and acceptance.
Validity of the visa : 1 year, 6 months in an accelerator program
Processing time : 5 months
Processing fees : –