Comparison Of Different Startup Visas Offered By Countries

Entrepreneur visas or startup visas are now the trending topics from the past few years due to the ecosystem's talent sourcing and immigration bottlenecks. Although the remote jobs reduced the pressure, the founder is still looking to incorporate them somewhere.

Almost 14 countries offer startup visas; among 14, only 7 are founder-friendly and do not demand a huge investment. Denmark, Canada, Latvia, Estonia, Finland, and Lithuania are seven countries.

The remainder may demand a bachelor's degree or a huge investment, making this less viable for lean entrepreneurs- the UK, Ireland, France, Spain, and other countries.

Canada's Visa

In Canada, the entrepreneur or startup visa program hits entrepreneurs or immigrants with the potential and the skills to stand a business; innovation also helps to create jobs for Canadians and can make their identity on a global level.

Suppose you have an amazing business idea and can also avail the support of your idea from any reputable organization. In that case, there are possibilities you might be allowed to travel to Canada.

Your business ideas must support at least one mandatory reputable organization, a business incubator, or an angel investor. These organizations support possible startups or are approved to invest in the startup visa program.

This allows permanent residence in Canada. To get a Canada visa, you need to fulfill the conditions.
Applicants must know English or French through proof of immigration and citizenship in Canada.
A maximum of five people can own a business. But it is important to hold almost 10% of voting shares each.
Also, the applicant must show that he's had enough funds for his and his family's needs.

 

Lithuania Startup Visa

For an entrepreneur, Lithuania is a perfect destination. Because they do not need business founders to invest capital or employment, the metric degree is enough. Furthermore, the founders are allowed to issue a year residency, or you have the choice to bring the family members with you.

Also, the applicant can extend his visa for one more year if he can meet all conditions of immigration.

Here are some conditions that every applicant needs to fulfill,

The startup or entrepreneur must know to operate in the technology sector involving information technology, biotechnology, electronics, and many others.
Also, the applicant needs a confirmation letter from the immigration department stating that the business idea is a perfect fit for the program.

 

Sweden Startup Visa

The Swedish self-employment authority supports people who want to stay in Sweden for more than three months for the business setup. Swede authority allows the entrepreneur to stay in Sweden for two years and then extends it into pertinent residency.

Here are some conditions an applicant must fulfill to apply for a Sweden visa.

The applicant must be the master of his field, and almonds hold 50% of the actual business in Sweden.
However, the company must support the applicant and their families after permanent residence.

 

Spain Startup Visa

Spain startup visa is mainly an opportunity for skilled employees and investors not from the EU; the Spain authority provides them with immigration opportunities.

However, obtaining the visa is comparatively easy; with successful approval, the entrepreneur is provided with a two-year residency.

Here are some steps one must follow to obtain the visa,

The applicant is not allowed to travel to another country from Spain for the whole period. It's important to stay in Spain.
Also, he needs to present a report that shows the intention of the business plan.
Also, complete bank details show they have enough saved to support themselves and applicants.

 

Australia Startup visa

With Australian visas, entrepreneurs from other countries' investors can invest and shift their business to the country that helps them to grow better. The visa duration is 4 years and 3 months. An applicant can stay in the country.

Here are some steps on must follow to obtain a visa

The applicant must be a master of his business and have a successful business record. Also, he is nominated by any Australian resident to get a visa.
The business has a turnover in 2 from the four business year estimated value of AUD 3M.
He must hold the AUD400000 total worth and 200000 raised by the second party.

Conclusion

You have many amazing ideas and a way to see the ideas come to life. There are governments worldwide queuing up to help you to make this possible. Every country has different demands to allow youth visas, and every applicant must fulfill all these needs.