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Canada's Start-up Visa

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Re: Canada's Start-up Visa

#71
post #44

Earlier quoted context omitted.

Your complaint is because US based developers are expensive? I hope that you don't think developers in Canada are dime a dozen.

No, I'd like to be able to bring awesome people from Russia, the Czech Republic, Israel, etc who often don't have college degrees. If Canada would let me do that, I'd move my startup to Canada.

Canadian IT labour market is not so bad so you should profit by fact of moving here and have access to current pool and relatively lower wages then in SV.

Is should actually remove both of your pain points cost and qualified labor.

Start packing :-)

Re: Canada's Start-up Visa

#73
post #50
post #16

Summary of the conditions: - Secure $75k in angel funding or $200k in venture funding, from a list of designated Canadian funders. - Score relatively highly on a language test in either English or French, for both verbal and written ability (note that everyone must take this test, even those coming from English- or French-speaking countries). - Have satisfactorily completed at least one year of higher education (no d…

If anyone is seriously considering applying and needs assistance meeting the Canadian angel / VC requirement, feel free to reach out to me, I am based in Canada and active in the angel/VC community. Contact info is in my profile.

Quick question; what would kind of person would you imagine would successfully secure funding from an angel/VC as a person trying to immigrate to Canada.

I guess one would have to have more than an idea and a MVP.

Also, any differences between Canada's angels and VCs than the impression one would get from Hacker News stories which is probably more U.S. focused?

Re: Canada's Start-up Visa

#74
post #44

I would rather have temporary worker visas for startup employees. Our biggest labor problem has been the difficulty of getting programmers who didn't go to college into the US. We'd move to Canada in a heartbeat if we could get the developers we wanted colocated with us. How about N temporary worker visas/amount of VC funding?

Your complaint is because US based developers are expensive? I hope that you don't think developers in Canada are dime a dozen.

Maybe not a dime a dozen, but developer pay in Canada does seem to be considerably lower. Up to 50-60% lower, according to others in a recent HN discussion.

Re: Canada's Start-up Visa

#76
post #69
post #67

Earlier quoted context omitted.

You can start a company with a US business partner on an H1B if you're a minority owner.

So, a H1B holder working for an employer can start a company if they hold a small equity?

Yes, in US anyone can start a company, but the catch is, you can't work for it without proper work authorization. So, practically, this means you can't start a company if you are going to take an active operating role within the company.

Re: Canada's Start-up Visa

#77
post #50
post #16

Summary of the conditions: - Secure $75k in angel funding or $200k in venture funding, from a list of designated Canadian funders. - Score relatively highly on a language test in either English or French, for both verbal and written ability (note that everyone must take this test, even those coming from English- or French-speaking countries). - Have satisfactorily completed at least one year of higher education (no d…

If anyone is seriously considering applying and needs assistance meeting the Canadian angel / VC requirement, feel free to reach out to me, I am based in Canada and active in the angel/VC community. Contact info is in my profile.

I actually want to set up a startup. But undecided on location, my current location will not do. I really want to go to valley, ideally get into YC itself, but the barrier to entry is high. How would you say is the startup culture over there in canada? How does it stack up against places like valley, london or NYC? Other and more accessible option for me is Banglore, no visa required (I am from India).

Re: Canada's Start-up Visa

#78

Earlier quoted context omitted.

Well if it does not the system would be completely raped!

Since I downvoted, I'll tell you why: this comment is factually incorrect. It's not possible to have sexual intercourse with a government program, let alone coercive sexual intercourse.

You really nailed it.

Re: Canada's Start-up Visa

#79
post #67
post #36

Theoretically this is fantastic. I'm in the US on an H1B visa and there's no clear path for me to be able to start my own company. My visa still has a couple of years left on it, but this is something I will be watching closely. Of course, the US could implement a similar program in a heartbeat. And by "in a heartbeat", I mean "never, because the government in this country is utterly dysfunctional".

You can start a company with a US business partner on an H1B if you're a minority owner.

I don't understand. I recently incorporated a C-Corp in Delaware remotely from Malaysia (never stepped a foot in American soil), single founder. So it means if you're _there_ under H1B then you can't do that? I wonder if you can setup a company in your country of origin and have that company incorporate a company in the US, will it work?

Re: Canada's Start-up Visa

#80
Pretty interesting. Is there an equivalent to 500 or YC in Canada? What are the best tech cities in Canada? I know Vancouver and Quebec have universities with good CS programs, but that's about it.
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