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Do I have to submit my bank statements?

junketsu

Full Member
Mar 23, 2015
36
1
I am applying for a startup visa. In the checklist it says that I should provide proof of funds.

I had my bank produce a letter certifying that I have X amount in my bank account. So that should be enough, right?

... Or do I have to submit my past months bank statements as well? I hope not, because I would have to translate them, and they are LOTS of papers, ending up being super expensive.
 

pkssandhu

Hero Member
Apr 16, 2013
240
6
Are you funding your business by yourself or did you have to look for angel investors or a professional organisation to fund your idea.

A friend of mine is looking for something similar and do not know what the best route is.

Please advise.

Thanks
 

junketsu

Full Member
Mar 23, 2015
36
1
pkssandhu said:
Are you funding your business by yourself or did you have to look for angel investors or a professional organisation to fund your idea.

A friend of mine is looking for something similar and do not know what the best route is.

Please advise.

Thanks
We are funding it by ourselves. We got a canadian letter of support allowing us to apply for the startup visa.
 

pkssandhu

Hero Member
Apr 16, 2013
240
6
junketsu said:
We are funding it by ourselves. We got a canadian letter of support allowing us to apply for the startup visa.
Sweet! May I ask who can provide a Canadian letter of support?

Thanks
 

junketsu

Full Member
Mar 23, 2015
36
1
pkssandhu said:
Sweet! May I ask who can provide a Canadian letter of support?

Thanks
At cic.gc.ca/english/immigrate/business/start-up/eligibility.asp it says

Before you apply for the start-up visa, you must convince a designated organization to support your business idea. If the designated organization supports your business idea, it will give you a Letter of Support.
In our case, we got our letter of support from a Business Incubator.

Go to cic.gc.ca/english/immigrate/business/start-up/eligibility/entities.asp and click on the "Business Incubators" tab. If you convince any of them that your startup is a good idea, then they will give you a letter of support.
 

pkssandhu

Hero Member
Apr 16, 2013
240
6
junketsu said:
At cic.gc.ca/english/immigrate/business/start-up/eligibility.asp it says

In our case, we got our letter of support from a Business Incubator.

Go to cic.gc.ca/english/immigrate/business/start-up/eligibility/entities.asp and click on the "Business Incubators" tab. If you convince any of them that your startup is a good idea, then they will give you a letter of support.
Thank you very much for your replies junketsu. I will look into that and all the best to you.

Cheers !!
 

antonioneto

Newbie
Dec 17, 2015
1
0
junketsu said:
At cic.gc.ca/english/immigrate/business/start-up/eligibility.asp it says

In our case, we got our letter of support from a Business Incubator.

Go to cic.gc.ca/english/immigrate/business/start-up/eligibility/entities.asp and click on the "Business Incubators" tab. If you convince any of them that your startup is a good idea, then they will give you a letter of support.
Hi junketsu! I think you'are in Canada at this time, aren't you? How're the things going on?

Well, I plan apply for startup visa as you did, and I'd like some help with the follow topics:
- What did you have to do to convince the Incubator? Meetings by skype, recorded videos with a pitch, bussiness plan... how was the process?
- Was your bussiness in which phase? Pre-operation, early stage, just concept...?
- How many partners the business have? All of them gone with you or some remain in Costa Rica?

Thank you and good luck!