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Canada sets start-up visa to attract entrepreneur immigrants

1.24.13 Canada

On April 1, 2013, Canada will begin a program that realigns their immigration system to assist in attracting start-ups from other countries. Immigration Minister Jason Kenney says that it’s the first of its kind in the world.

Under this program, would-be immigrants would require the support of a Canadian venture capital fund or angel investor group, which would invest in new companies started by the immigrants.

Once candidates for the program are identified by these groups, the government would try to clear them for entry into Canada within weeks.

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