Canada remains a top destination for African entrepreneurs and investors, thanks to its dynamic ecosystem, tax incentives, and access to North American markets. However, in 2025, Immigration, Refugees and Citizenship Canada (IRCC) has introduced reforms to better target viable projects, with application caps and stricter requirements. At LEXAFRIC, we support transcontinental project leaders in navigating these programs—from initial assessment to obtaining permanent residency (PR). This overview covers key federal and provincial options, eligibility criteria, and best practices for a successful application.
1. Main Federal Programs
Canada offers federal pathways tailored to innovators and active investors. Note that the Self-Employed Persons Program is suspended until 2026, with a 2,000-application cap shared with the Start-Up Visa.
A. Start-Up Visa Program (SUV) Targets innovative entrepreneurs aiming to create jobs and drive innovation. Leads directly to PR, with the option of a temporary work permit to launch the business.
Eligibility Criteria:
- Ownership of at least 10% of a qualifying new business.
- Support from a designated organization: venture capital fund (min. CAD 200,000 commitment), angel investor group (min. CAD 75,000), or business incubator.
- Proof of settlement funds: min. CAD 14,690/year for a single applicant (+ CAD 3,958 per family member).
- Language: CLB 5 in English/French (IELTS not mandatory for all).
- Demonstrated management or innovation experience.
Process: Submit a letter of support, followed by a PR application. Timeline: 12–18 months. Fees: CAD 2,140 (principal) + CAD 530 (work permit). 2025 Changes: Cap at 2,000 applications (reduced to 1,000 in 2026); focus on economic viability and impact (e.g., green tech, AI).
B. Intra-Company Transfer Work Permit (ICT) Ideal for internal transfers from an existing multinational to a Canadian subsidiary.
Criteria: Executive/managerial or specialized role; company active for at least 1 year; transfer for 1–3 years. Advantages: No LMIA (job offer) required; pathway to PR via Express Entry.
C. C11 Entrepreneur Work Permit For business owners seeking to establish or acquire a company in Canada without a job offer.
Criteria: Significant control of the business (min. 50% ownership); job creation; min. CAD 500,000 in funds for viability. Process: Work permit application (6–12 months), then PR after 1 year.
Conclusion: Launch with LEXAFRIC
In 2025, Canada’s business immigration prioritizes innovative and sustainable projects, offering a clear path to PR and citizenship. For African-Canadian entrepreneurs, this is an opportunity to build a bilateral economic bridge.
LEXAFRIC guides you: free assessment, file preparation, partnerships with incubators (e.g., MaRS, CENTECH).