It is one of the top three most popular immigration programs available to immigrant entrepreneurs, in which up to five people can apply as the owners of a single start-up business. In the first quarter of 2022, 160 newcomers were welcomed through the Start-Up Visa. It is expected that until the end of the year, Canada will welcome 640 new permanent residents. In three years, 2021 to 2023, Canada aims to welcome around 500 new permanent residents annually under the Start-up Visa Program. This estimation is based on IRCC 2021-2023 Immigration Levels Plan.