The popularity of the Start-Up Visa (SUV) increased in August as 175 new permanent residents settled in Canada through the program, a 29.6% increase from July. Immigration, Refugees and Citizenship Canada (IRCC) has planned to admit more Start-Up Visa applicants, increasing from 1,000 per year in the past few years to 3,500, 5,000, and 6,000 in 2023, 2024, and 2025, respectively. This increase in immigration through the SUV in August was notable, considering the spike in immigration in July. By the end of August, Canada had welcomed 640 new permanent residents through the SUV, potentially reaching up to 960 by the end of the year if current immigration levels continue.
The Start-Up Visa program attracts more and more business immigrants
