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Start-up VISA for mere investors

h1b2pr

Hero Member
Mar 22, 2017
364
123
I was wondering if anyone has already got this answered. As per eligibility requirements of Start-up VISA, it states that founders with 10% stake in the startup are eligible to apply for startup visa. My question is, if one of the founders of a startup is only an investor and has not provided any significant skilled work but still has more than 10% stake, would he qualify to apply for startup visa? considering all other factors taken care of like, Canadian VC investment, monetary requirements etc.
 

Mauchan

Star Member
Dec 2, 2017
76
32
if one of the founders of a startup is only an investor and has not provided any significant skilled work but still has more than 10% stake, would he qualify to apply for startup visa?
No, the SUV is only for the operators of the business.