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Canada's Start-up Visa

cic.gc.ca

81–90 of 249 posts

Re: Canada's Start-up Visa

#81
post #5

Had I been younger, and had no permanant status in North America, I would have followed this with whole my heart. File the paper work, pay the fees and when the visa is stamped, just pack a small car and drive north. Too bad I'm too old... ... and that I already did just that a decade ago... :D

How old are you? What's the max age for this?

Re: Canada's Start-up Visa

#82
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.

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?

You can start a company, but you can't work for it. Unless you transfer your visa to that company, but then things like funding become very chicken and egg- you don't want to transfer your visa until your company is viable, but investors are going to be wary until you can prove that everyone can legally work for the company.

Re: Canada's Start-up Visa

#83
post #5

Had I been younger, and had no permanant status in North America, I would have followed this with whole my heart. File the paper work, pay the fees and when the visa is stamped, just pack a small car and drive north. Too bad I'm too old... ... and that I already did just that a decade ago... :D

How old are you?

Re: Canada's Start-up Visa

#84
post #78

Earlier quoted context omitted.

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.

I understand that often, metaphors are useful. However, I think this metaphor is both very poor and in very poor taste. For example, a government program could never experience any of the other effects of sexual assault[1] that are part of what makes rape such a heinous crime.

I know that saying 'rape' and feeling like one can hide behind a literary claim may make one feel 'edgy' or whatever, but it just comes across as excessively childish.

1: http://www.rainn.org/get-information/effects-of-sexual-assau...

Re: Canada's Start-up Visa

#86
post #77
post #50

Earlier quoted context omitted.

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).

Ask yourself this: if you've never heard of startup culture in Canada, what is that indicative of? :)

(Saying this sadly, as I'm a Canadian)

Re: Canada's Start-up Visa

#88
post #59

While this is great in theory, it's likely not going to lead to anything other than one marquee Toronto Star story about the foreign entrepreneur who found success in Canada. Canadian VCs are far too risk averse and conservative; that's why the uptick of start-ups in all areas of the country, even Toronto's own would-be "Valley" of Liberty Village and the Junction, hasn't fielded much in the ways of success. Until To…

You know they could have not introduced a startup-visa, because they thought they have too little VC. Instead they said, damn we really want young entrepreneurs to succeed and start a change. We don't have much VC money, but let's freaking execute by introducing a startup visa and that way state an example for the U.S. to follow.

The government of Canada isn't doing this to set an example for the United States to follow. They're doing this because they want to grow the Canadian economy.

In fact, they'd be quite happy if the United States doesn't follow their example, because that will help Canada compete. See, for instance, this billboard in Silicon Valley:

http://www.cic.gc.ca/english/department/media/photos/2013/20...

Re: Canada's Start-up Visa

#89
post #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.

Ottawa is a tech hub, as that's where the federal gov't is.

Waterloo is also important, as that's where our "MIT" is, and Google etc have offices there.

All the easy money's in Calgary due to oil.

Re: Canada's Start-up Visa

#90
post #30

i know that business taxes are relatively low, but what about personal incomes taxes? how will this affect having to pay double taxes (both us and canada). i believe you can write off the taxes you pay overseas, but you have to pay the difference in us taxes.

I paid almost exactly the same income tax in Florida as I did in British Columbia. But I got free health care in BC.

Gas, cigarettes and booze are definitely cheaper in the USA though.

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