Canada is much better at attracting foreign entrepreneurs and investors compared to the United States because of the Start-Up Visa Program, according to Forbes magazine. Canada is one of the dozen countries that offer a start-up program for new entrepreneurs, others including the United Kingdom and Singapore.
One of its success stories includes the establishment of Edtech Unicorn ApplyBoard, founded by Martin, Massi, and Meti Basiri, immigrants from Iran who moved to Canada via the Start-Up Visa Program. The company currently employs more than 500 people.
Canadian Immigration Minister, Marco Mendicino made it clear that Canada is looking to welcome more international entrepreneurs through the Start-Up Visa program. This is in clear contrast to the United State’s reluctance to new immigrants given its complex immigration rules.