DG Country Comparison Tool^TM

Compare Top Countries For Extrepreneurs

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Number of Venture Capital Firms

Number of Private Equity Firms

Number of Accelerators & Incubators

Number of Unicorns

Unicorns with Foreign-origin Founders

Unicorns with Foreign-origin CEOs

Startups listed in 2019

Startups listed in 2021

Startups listed in 2022

Average funds raised during the Pre-seed round

Average funds raised during the Seed round

Average funds raised during the Series A round

Average funds raised during the Series B round

Average funds raised during the Series C round

Total companies registered so far

Startup Registrations in 2019-20

Startup Registrations in 2020-21

Startup Registrations in 2021-22

Ease of Doing Business Ranking

Innovation Index Ranking

World Happiness Report Index Ranking

Average Corporate Tax Rate

Average Business Loan Rate (2022)

Average Cost of Living Per month for a Family of 4

Average Hourly Wage Rate

Number of Free Trade Agreements

Number of Free Trade Countries

Number of Double Taxation Avoidance Agreements

Compare Entrepreneur Programs

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Italy Startup Visa
5 (In special cases 10)
Italia Startup Visa Committee
Total investment requirement for entire team = €50,000
Not specified
Not specified
Not specified
No
For obtaining a long-term residence permit, founder has to pass A2 Level- Italian Language Test
No age limit
Governed under Consolidated Immigration Act, 1998
Not specified
Not specified
2 + 2 (Maximum of 5 Years under Startup Self-Employment PR Permit)

Lithuania Startup Visa
4
Public institution Innovation Agency
10,000 litas (around €2,900) in case of UAB. No min. capital requirement in case of partnerships.
Not specified
Not specified
1 minimum wage per month which is €924. Must have subsistence funds for duration of TRP, or at least 1 year
No
Not required
No age limit
Includes spouse, unmarried and dependent children along with dependent parents if the applicant has been supporting them at least 1 year
Not specified
Not specified
2+3 (Minimum of 5 Years for permanent residence )

Cyprus Startup Visa
At least 1 founder; For team applicants- upto 5 founders/senior executives with stock options
Deputy Ministry of Research, Innovation and Digital Policy
€20,000. In case multiple founders, then each should have €10,000
Not specified- But cumulatively should be<50%
Not Specified
Not Specified
Yes
Not specified
18+
Spouse and minor children
Not specified
Not Specified
For 1 Year

Global Talent Employer Sponsored Program (GTES)
5
Independent GTES Startup Advisory Startup Panel
None
Nothing specified
Min. Investment from Early Stage Venture Capital Limited Partnership- AUD 50,000
Not Specified
No
IELTS (Avg. Band Score- 4.5) or; PTE (Total Band Score- 30) or; CAE (Total Band Score- 147)
Negotiable. Standard: Min 18 years, Max. 55 years
Nothing specified
Not Specified
Not Specified
Nothing Specified

Business Innovation and Investment Visa (Business Innovation stream)
Not specified
Australian State or Territory Government agency
None
Of the 2 years of the 4 fiscal years’ preceding your visa application, the founder must have had an ownership interest in the main business with an annual turnover of AUD$750 000 for each of the 2 financial years. Furthermore, the applicant must own at least: 51%, of the total value of the business if the business has a turnover of less than AUD400,000 per year 30%, of the total value of the business if the business has a turnover of AUD400,000 or more per year
Not Specified
Not Specified
Yes (Minimum 65 points)
IELTS (Avg. Band Score- 4.5) or; PTE (Total Band Score- 30) or; CAE (Total Band Score- 147)
At least 18 years, but must be under 55 years
Spouse & children
Not Specified
2 full time jobs
No Limit Specified

South Africa- Business Permit
Not Specified
Department of Home Affairs
R 5 million
Not Specified
Not Specified
Not Specified
No
Not Specified
18+, maximum age limit not specified
Spouse, minor children and parents
Not allowed (one needs to apply for work visa for that)
Minimum 60% of the total staff employed by the entrepreneur shall be South African Citizens or permanent residents.
No limit specified

UK Innovator Visa
Not Specified
Envestors Limited, UK Endorsing Services, Innovator International, The Global Entrepreneurs Programme (GEP)
None, although sufficient funds need to be available to deliver the business plan
Not Specified, although must be sole founder or instrumental member of founding team
Not Specified
£1270 (28 Days) (more if dependants are included)
No
CEFR Level B2, to be met in one of the following ways: (i) National of majority English speaking country; (ii) Passing a SELT from an approved provider ; (III) Having a GCSE, A level, Scottish National Qualification level 4 or 5, Scottish Higher or Advanced Higher in English (gained through study before 18); (iv) having a degree-level academic qualification that was taught in English
At least 18 years
Spouse & children under 18 (Above 18- must be inUK already as applicant's dependant)
Allowed- though must show significant progress and achievements in the endorsed business during the visa
Business Plan should show potential for job creation
No Limit
No information (Since visa was launched in April 2023)
No information (Since visa was launched in April 2023)
No information (Since visa was launched in April 2023)
No information (Since visa was launched in April 2023)

UK Start-up Visa
Not Specified
Listed Business Incubators, Accelerators, Venture Capital Firms, Angel Investors & College Incubation cells
Not Specified
Not Specified
Not Specified
£1270 (28 Days)
No
CEFR Level B2 (IELTS: 5.5)
Not Specified
Spouse & children under 18
Allowed
Not Prescribed
2+3
56
42
448
321

USA Entrepreneur Parole (IER)
3
Not Required
Not Specified
10%
Not Specified
Not Specified
No
Not Specified
Not Specified
Spouse & children under 21
Not Allowed
5 jobs
2.5+2.5
7
Not Available
13
Not Available

USA L-1
3
Not Required
Not Specified
10%
Not Specified
Not Specified
No
Not Specified
Not Specified
Spouse & children under 21
Not Allowed
5 jobs
2.5+2.5
7
Not Available
13
NA

Canada Start-up Visa
5
Listed Venture Capital, Angel Investors & Incubators
Not Specified
10%
Incubator (Nil), Angel Investor (CAD 75,000 ), Venture Capital (CAD 200,000)
CAD 25,338 (52 Weeks)
No
IELTS: 5.0
Not Specified
Spouse & children under 22
Not Specified
Not Prescribed
Not Applicable
1167
523
Not Available
383

Number of Founders/ Applicants Covered

Endorsement Bodies

Minimum Investment Required Per Applicant

Minimum Ownership Requirement Per Applicant

Minimum Fundraising Requirement

Minimum Bank Balance Requirement for a Founder & respective Period

Point-based Mechanism

Language Requirements (Minimum Bands)

Age Limit

Family Coverage (Members & Age)

Multiple Jobs/ Businesses Allowed

Minimum Job Creation Requirements

Renewals (Years)

Applications filed in 2019

Applications approved in 2019

Applications filed in 2021

Applications approved in 2021

DG Country Comparison ToolTM

DG Country Comparison Tool^TM