Economic class

Self employed program and the start up visa program.

Here is the compare and comparison from the various aspects such as eligibility requirements, methods of invitation, settlement funds, CRS points, Invitation to Apply(ITA) education, work, experience and more.

Eligibility Requirements:

Self Employed.

Requires individuals to have relevant experience in culture activities ,athletics' or Farm management, with the intention and ability to become self-employed in Canada.

Start-up-Visa.

Requires applicants to have a quality business, the support of a designated organization, and meet Language and education requirements.

2-Start up-Visa:

Applicants need to secure a commitment from a designated organization in Canada, such as venture capital firms, angel investors, or business incubators, before applying.

3-Settlement Funds.

Self Employed:

Applicant need to demonstrate sufficient settlement funds to support themselves and their family members.

Start-up-Visa.

Settlement funds are not required, as successful applicants are expected to launch and operate their businesses in Canada.

4-CRS Points and ITA.

Self Employed:

Not applicable, the program does not operate under the Express Entry system.

Start -up -visa .

Successful applicants receive a letter of support from a designated organization, which allows them to apply for permanent resident through the Express Entry System. CRS points are awarded based on factors such as age , education, work experience, Language proficiency, and adaptability.

5-Education and Work Experience:

Self Employed:

Applicants must have relevant experience in culture activities ,Athletics or Farm management, but formal education is not a strict requirement.

Start -up Visa

Applicants need to have completed at least one year of post-secondary education and possess sufficient funds and /or support to establish their business in Canada.

In summary, while both programs target entrepreneurs and self-employed individuals, they have different eligibility requirements, methods of invitation, and pathways to permanent resident .The self employed programs more focused on individuals with specific skills or experience, while the start-up visa program is designed to attract innovative entrepreneurs with scalable business ideas and the potential for jobs creation in Canada.

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