PROVINCIAL BUSINESS IMMIGRATION
GENERAL REQUIREMENTS
ALL Provincial Business Program require:
- Minimum net worth
- Minimum investment amount to be invested in a new/existing business
- Ownership must be at least one-third (33.3%)
- Language requirement
- Experience in ownership or managing a business at a senior management level
- Active and ongoing management of the business after purchase
ALBERTA
SELF EMPLOYER FARMER STREAM
Eligibility:
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Able to invest a minimum of CAD$500,000 of equity in a primary production farming business in Alberta to develop a sustainable farming operation
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Minimum net worth of CAD$500,000
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Farm Management Skills Experience
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Applications representing the best opportunity for growth relevant to Alberta’s agri-food targets will be given priority
BRITISH COLUMBIA
Entrepreneur
Eligibility:
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$600,000 in personal net worth
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Have more than three years of experience as an owner/manager, or more than four years as a senior Manager of a business in the last ten years
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Demonstrate two years of post-secondary education, or have experience as a business owner-manager with 100% ownership for at least three of the past five years
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minimum eligible personal investment of $200,000
BC PNP Entrepreneur Program – Regional Pilot
Eligibility:
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$300,000 in personal net worth
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minimum eligible personal investment of $100,00
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Willing to invest in a participating community
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Have more than three years of experience as an owner/manager, or more than four years as a senior
Manager of a business in the last ten years
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Demonstrate two years of post-secondary education, or have experience as a business owner-manager with 100%
ownership for at least three of the past five years
-
CLB Level 4
NORTHWEST TERRITORIES
Eligibility:
-
A minimum of $300,000 equity to start/buy a business within the corporate boundary of Yellowknife; or $150,000 if outside
the corporate boundary of Yellowknife
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A personal net worth of at least $500,000 to start/buy a business within the corporate boundary of Yellowknife; or at
least $250,000 if outside the corporate boundary of
Yellowknife
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An additional $75,000 to be kept in a trust account which is refundable
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A reasonable understanding and knowledge of the territory and its economy
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Reasonable communication skills
NOVA SCOTIA
Eligibility:
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21 years of age or older;
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Possess a net worth of at least CAD$600,000
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be able to invest at least CAD$150,000 to establish a business in Nova Scotia;
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At least 3 years’ experience actively managing and owning a business or more than 5 years’ experience in a senior
business management role
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At least CLB 5 in English or French
SASKATCHEWAN
Eligibility:
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Have a minimum $500,000 in net business and personal assets.
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Have a minimum of three years (in the last 10) of business management or entrepreneurial experience, and
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Invest a minimum $300,000 in Regina or Saskatoon, or $200,000 in any other area of Saskatchewan
MANITOBA
Manitoba Business Investor
Eligibility:
-
Personal net worth of $350,000
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Minimum of 3 years of successful business ownership and management experience or minimum 3 years of executive level experience as a senior manager of a business
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Obtain a score of at least 60 on the Adaptability Assessment Matrix which assess the applicant on age, business knowledge, business experience, net worth, English and/or French fluency and adaptability
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Minimum investment of $150,00
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Make a $100,000 good-faith, refundable Deposit Agreement
NEW BRUNSWICK
NBPNP Entrepreneur
Eligibility:
-
be between 22 and 55
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Have sufficient English and/or French to manage a business
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Have, at a minimum, been awarded a high school diploma
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Be able to demonstrate that they will live in and operate their business in New Brunswick
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Demonstrate that they have ownership or senior management experience in at least 3 of the last 5 years and have an understanding of the business climate in New Brunswick
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Have a minimum net worth of $300,000 and commit to a minimum of $125,000 investment in their business.
Furthermore, they must provide evidence they can make a
$75,000 refundable deposit
ONTARIO
Entrepreneur Stream
Eligibility:
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At least three years of full-time business experience in the last five years
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Your experience must be as a business owner OR as a senior manager
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Must possess net worth of at least CAD$1,500,000 if the business is located within the Greater Toronto Area or CAD$800,000 if the business is outside the Greater Toronto Area. If the proposed business is in the ICT/Digital Communications sector, the net worth is CAD$800,000 regardless of proposed business location
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Personal Investment of CAD$1,000,000 if the business is located within the Greater Toronto Area or CAD$500,000 if the business is outside the Greater Toronto Area. If the proposed business is in the ICT/Digital Communications sector, the investment is CAD$500,000 regardless of proposed business location
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Create at least 2 permanent, full-time jobs for Canadian citizens/permanent resident
PRINCE EDWARD ISLAND
Business Impact Stream
Eligibility:
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Personal net worth of CAD$600,000
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Minimum education of high-school equivalent
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Be within 21-59 years of age at the time of application
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Have transferable management skills and past employment
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Have scored a minimum band score of 4.0 on the IELTS.
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Sign an Escrow Agreement containing stipulations on a deposit of $200,000 to be held by the province until the terms of the agreement have been meet
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Minimum of CAD$150,000 investment into a new or existing Prince Edward Island owned and operated business.
YUKON
YUKON BUSINESS IMMIGRATION
Eligibility:
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Have achieved a minimum score of fifty-six (56) on the Nominee Assessment Grid whose points are awarded based on personal net worth, age, education, etc.
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Level 6 in the International English Language Testing System (IELTS) or Level 4 in the Test d’Évaluation de Francais (TEF)
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Have relevant entrepreneurial or business management experience.
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Have a minimum net worth of CAD$250,000
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Have a minimum CAD$150,000 in liquid assets (cash, bonds, cash derivatives etc.)
DON'T DELAY. GET STARTED NOW!
“The only thing worse than starting something and failing… is not starting something.”