PROVINCIAL BUSINESS IMMIGRATION

GENERAL REQUIREMENTS

ALL Provincial Business Program require:

●  Minimum net worth

●  Minimum investment amount to be invested in a new/existing business

●  Language requirement 

●  Experience in ownership or managing a business at a senior management level

●  Active and ongoing management of the business after purchase

 


 

From our experience, two of the most aspects of business immigration are the exploratory visit and the business plan.  The purpose of an exploratory visit is to conduct a planned business research. The itinerary must be carefully planned, and appointments must be made prior to travel.  

The other issue is the business plan.  First, most business plan writers are hired to write plans for financing. They are very well verse with what financial institutions require but most of them are not aware of what a Migration Officer would require in a business plan.  Second, many people assume that Migration Officers have no idea on how to operate a business or that they do not know how to read financial numbers.   One will be surprised to find that many of these Migration Officers may be business graduates or that they have undergone intensive training how to read and assess a business plan against the objectives and requirements of immigration.

Many immigration companies and legal firms do not have the capability or experience to assess, critique and ensured that the business plan meets overall immigration requirements.  

BPS has the expertise to do this because our CEO is a business graduate and have worked in a senior management position in Canada prior to establishing BPS. We always make it a point to ensure that the business plan including the numbers will meet immigration requirements.  We have many business clients and we are able to help the migrate successfully to Canada.

Alberta Advantage Immigration Program

1. Rural Entrepreneur Stream

Entrepreneurs who want to start a business or buy an existing business in a rural Alberta community can submit an Expression of Interest (EOI).

Eligibility:

● Have either a minimum 3 years of experience as an active business owner/manager or a minimum of 4 years of experience as a senior manager within the past 10 years.

● Completed high school

● CLB 4 for English/NCLC 4 for French

● Minimum net worth of $300,000

● Minimum investment of $200,000

● Create one full time job for a Canadian Citizen/Permanent Resident 

● Obtain Community Support Letter from the participating rural Alberta community

 

2. Graduate Entrepreneur Stream

International graduates of approved Alberta post-secondary institutions who want to start a business or buy an existing business can submit an Expression of Interest (EOI).

Eligibility:

● Completed 2 years of full-time education in Alberta

● Have a post-graduate work permit which is valid at the time of the EOI submission

● Minimum 6 months of full-time experience managing or owning a business

●CLB 7 for English /NCLC 7 for French

 

3. Farm Stream

Experienced farmers who plan to buy or start a farm in Alberta can apply for permanent residence.

Eligibility:

● Relevant farm management experience

● Minimum Net worth of $500,000

● Able to invest a minimum of $500,000

 

4. Foreign Graduate Entrepreneur Stream

Foreign graduates from outside of Canada can apply for permanent residence.

Eligibility:

● Completed a Degree

● Minimum 6 months of full-time experience managing or owning a business

● CLB 5 for English /NCLC 5 for French

● Minimum investment of $100,000 for urban centre or $50,000 for a regional area.

● Obtain Letter of Approval from AAIP approved designated agency

● Business must relate to one of the sectors: Technology, Aerospace, Financial Services, Agriculture, Tourism, Life Sciences, Pharmaceutical.

1. Entrepreneur – Base Category

Eligibility:

● $600,000 in personal net worth

● Two years of post-secondary education, or have experience as a business owner-manager 

● Minimum eligible personal investment of $200,000

● CLB 4 for English/NCLC 4 for French 

● Create at least 1 full time position for a Canadian citizen/Permanent Resident.

 

2. Entrepreneur – Regional Pilot 

Eligibility:

● $ 300,000 in personal net worth

●.Minimum personal investment of $100,000

● Community Referral is required.

● Demonstrate business experience

● Create at least 1 full time position for a Canadian citizen/Permanent Resident

● CLB 4 for English/NCLC 4 for French.

 

3. Strategic Projects

Eligibility:

● make a minimum equity investment of at least $500,000 directed toward the corporation’s operations in B.C.

● establish new or purchase and expand an eligible business in B.C.

● create at least three new full-time equivalent jobs for Canadian citizens or permanent residents for each foreign key staff member proposed (to a maximum of five key staff)

● Minimum of $300,000 to start/buy a business within the boundaries of Yellowknife or Northwest Territories OR

● Minimum of $150,000 to start/buy business outside the boundaries of Yellowknife or Northwest Territories.

● Minimum personal net worth of at least $500,000 if starting a business or buying a business within Yellowknife or Northwest Territories OR

● Minimum personal net worth of at least $250,000 if starting a business or buying a business outside Yellowknife or Northwest Territories

● Own at least 33.3% of the business unless personal net worth is at least $1,000,000

● CLB 4 for English/NCLC 4 for French 

● Demonstrate reasonable knowledge and understanding of the Northwest Territories and its economy

● Have the necessary experience and education to successfully implement the business plan.

 

Newfoundland and Labrador

● Age: 21 to 59 

● Minimum of high school diploma 

● Net worth of at least $600,000 

● Invest at least $200,000 CAD of establish/buy a business 

● Create at least one full-time for Canadian citizens/Permanent 

● Minimum two years’ experience actively managing and owning a business OR 5 or more years’ experience in a senior business management role 

● CLB 5 for English/NCLC 5 for French 

 

Eligibility:

● Possess a net worth of at least $600,000

● Be able to invest at least $150,000 to establish a business in Nova Scotia

● At least 3 years’ experience actively managing and owning a business or more than 5 years’ experience in a senior

● At least CLB 5 for English or NCLC 5 for French

Eligibility:

● Have a minimum $500,000 in net business and personal assets.

● Have a minimum of three years (in the last 10) of business management or entrepreneurial experience, and

● Invest a minimum $300,000 in Regina or Saskatoon, or $200,000 in any other area of Saskatchewan

Entrepreneur Pathway
Eligibility:

● Age: 25 to 49 years old

● Personal net worth of $500,000

● Minimum of 3 years of active business ownership or 3 years working in a senior management role of a successful business

● 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

● Minimum investment of $250,000 for businesses situated in the Winnipeg Metropolitan Region.

● Minimum investment of $150,000 if business is situation outside of Winnipeg Metropolitan Region.

● Minimum CLB 5 for English/NCLC 5 for French

● Create at least 1 permanent position for a Canadian/Permanent Resident

● Business Research Visit to be conducted no more than 1 year prior to the submission

 

Farm Investor Pathway

● Personal Net Worth of $500,000

● Minimum of three years farm ownership and operation experience

● Minimum investment of $300,000 to establish a farm in rural Manitoba

● Farm Business Research in Manitoba must be conducted

New Brunswick Business Immigration Stream
Eligibility:

● Be between 21 and 59

● Minimum CLB 5 for English/NCLC 5 for French

● Have, at a minimum, been awarded a high school diploma

● Be able to demonstrate that they will live in and operate their business in New Brunswick

● Have a minimum net worth of $500,000 and commit to a minimum of $150,000 investment in their business.

● Create one full time permanent job for Canadian citizen or PR

Entrepreneur Stream

Eligibility:

● At least 24 months of full-time business experience in the last 60 months

● Your experience must be as a business owner OR as a senior manager

● Net worth of at least $800,000 if the business is located within the Greater Toronto Area or $400,000 if the business is outside the Greater Toronto Area.

● Personal Investment of $600,000 if the business is located within the Greater Toronto Area or $200,000 if the business is outside the Greater Toronto Area. If the proposed business is in the ICT/Digital Communications sector, the investment is $200,000 regardless of proposed business location

● Create at least 2 permanent full-time jobs for Canadian Citizens/Permanent Resident if business is located inside GTA and 1 permanent full-time job if the business is located outside GTA or is in the digital and information communication sector

● One business visit to Ontario within 12 months from date of registering an expression of interest.

PEI Entrepreneur Program: Work Permit Stream

Eligibility:

● Personal net worth of $600,000

● Minimum education of high-school equivalent

● Be within 21-59 years of age at the time of application

● Have transferable management skills and past employment

● Meet minimum language of CLB 4 for English /NCLC4 for French

.

Business Nominee Program
Eligibility:

● Achieve a score of at least 65 points on the Assessment Point Grid.

● Have 3 years of relevant entrepreneurial experience and 5 years of relevant work experience.

● Have a minimum net worth of $500,000

● Have a minimum $300,000 in liquid assets (cash, bonds, cash derivatives etc.)

● Prior visit 3-6 days to Yukon

● High School Diploma 

● CLB 4 in English/NCLC 4 in French 

● Age from 21 to 55

“The only thing worse than starting something and failing… is not starting something.”