FAQ – SUV Program
Ques:
– What Can I Do after Landing in Canada?
– Do I need to work on the same Project, after landing ?
– Where Can I Land in Canada ?
– What Conditions are imposed on Immigrants, after landing ?
First of all, pls be advised that, once you get your PR under SUV Program, you are free to do anything after landing and as such no conditions imposed. Also it is not mandatory to stick to the same SUV…!! You are free to do anything and also as this comes under the Federal System, you can land anywhere in Canada. You are getting your PR under the Federal System. After Arrival you can start with any business or may be initially work and then look out for Business Options / Opportunities, as suitable to you. Though our SUV plans / Projects are viable and genuine and not paper based projects and they actually run in Canada. All our SUVs done so far are successfully running. However, as you are aware every business needs some value to run and those are business running costs, which depend from Person to Person and business to business and the Business Incubator / Designated Organization (DO) will impart training to you all.
Depending on your budgets, you may opt for doing business, else you are free to do anything. The only condition which all immigrants have to go for is that you have to stay for a minimum 183 days in Canada, each year to be followed for 4 Continuous years, in order to apply for Citizenship. The stays in Canada can be either at a stretch for 2 years (730 Minimum Days in 5 years) or can be in installments, out of total time period.
Ques:
In the Start-Up Project, how many Co-Founders will be there?
Every start-up project has a viable team to run the Project. As per norms minimum of 3 Co-founders will be required to run the show, to a max of 5 Co-founders / members. All Co-founders have an equal percentage of stake holding capacity in the company.
Ques:
How do you See my Profile, or any other platform of PR, I will be able to qualify…?
Pls note that your chances to be eligible (Express Entry Class / Provincial Nomination Program/Skill Category) are very less, as you lose all points after 40 years of age, under the Age factor. There is a very remote chance, your application is likely to be picked under the current pool system, as the point score is really very high. Hence you need to look for other options. However under the SUV class there is NO Age criteria. The SUV has the highest success rate too, as per Canadian Govt (IRCC). You seem to be a good fit under one of our current SUV projects. The project is already into final stages of approval, you may book your slot immediately. We are expecting finalization from DO (Designated Organization) by the by Sept-OCT 2024.
Ques:
What are the Benefits of SUV in my Case.. ?
Another feature of SUV is that, once you get your Letter of Support from the Designated Organization (DO- Business Incubator) in Canada, you can opt for Work Permit (Along with your family members) and this approval may take apx 2 months. You can land in Canada with your family (or alone and later call your family) and avail benefits as that of Canadian PR Holders. Your application for PR will keep on continuing and we will inform you, as and when any developments take place. Since Mid August 2024, the WORK Permit approvals depend upon candidates NET WORTH STATEMENT. We will share the same and then let you know if you are eligible to apply under this route.
THE SUV PROGRAM is not an investment program or a Performance based Program. You are simply buying your PR from the Govt. of Canada.
Ques:
If we opt to move on Work Permit (WP) what rights we get, as compared to PR holders and what will be the Kids Status?
If you are considering opting for WP, the Principal Applicant will get Closed WP and Spouse will get Open WP. However it depends how solid your Bank Statements are, as there is a condition to qualify for the same. Kids below the age of 22 can accompany you and they will get Study Rights. As a WP holder, you will pay for their education as a PR holder pays. Their education will be subsidized and will be treated as domestic students and not a foreign students. This way you save a lot of money and also don’t have to go through any hassles, as seen in Student Visa cases who are opting for undergrad or Masters Programs.
Ques:
How much time does it take to get the SUV?
The Entire process takes around 18 months, after we get your LOS and filing of your PR Application. Though recently we have got many visas in a time frame of 12-15 Months.
Ques:
What if I don’t get my LETTER OF SUPPORT from DO / Incubator?
If the DO refuses your Project or viz a vis do not issue the Letter of Support, our team will refund all the payments back to you. An agreement will be executed between you and us and everything will be stated in black and white. Hence your money is Safe…!!
Ques:
How the Fees is to be paid, do you accept payment in INR.?
All Fees shall be paid directly by you to our team in Canada and in their TRUST ACCOUNT. We do not accept any payment in INR. Pls refer to our email on ‘SUV / FEES Structure’ for more details. Yes there is a small fee payable to the NEW DELHI office.
Ques:
Under SUV Program, how much money is required to be shown in Bank Accounts…?
Yes, you need to show funds in your account. This is the Settlement money required by the visa office and to be carried to Canada with you, for your survival.
If you are applying without a Work Permit, then the show money is…. Number of family members Funds you need (in Canadian dollars)
- 1 Principal Applicant $25,000/-
- 2 (Spouse) $ 15000/-
- For 1 Child $22,483
- For 2nd Child $27,297
- Additional: 15000/- Cad $
However if you are opting for a WORK PERMIT, then the Show Money is almost double, depending on dependents you have but subject to your fund statements and on approval from our side.
I hope the above information will be useful for you, in deciding the future course of action. However, still if you have any queries, you can write/ call us…!! We can also opt in for a Zoom meet with our team in Canada, who will further explain you much more on SUV Project and details.
