The Start-up Visa Program aims for immigrant entrepreneurs with the aptitudes and ability to create businesses in Canada which:
- Are innovative
- Can create jobs for Canadians
- Van compete on a global scale
Eligibility
To be qualified for the Start-up Visa Program, you should:
- Have a qualifying business
- Get a letter of support from a designated organization
- Meet the language requirements
- Bring enough money to settle
Have a qualifying business A qualifying business implies you established a business that meets the subsequent requirements.
- At the time you get a commitment from a selected organization:
- each candidate holds 10% or more of the voting rights affixed to all shares of the corporation outstanding at that time (up to 5 people can apply as owners)
- candidates and the selected organization jointly hold more than 50% of the total voting rights affixed to all shares of the corporation outstanding at that time
- At the time you receive your permanent residence:
- you deliver committed and continuing management of this business from inside Canada
- an important part of the operations of the business occurs in Canada
- this business is incorporated in Canada
Get a letter of support from a selected organization
You must get a letter of support from a selected organization (a business group that has been authorized to invest in or support possible start-ups). You’ll need to:
- Contact the selected organization to find out how to get its support
- Persuade the organization that you have a business idea that is worth adopting
- Get a letter of support from the selected organization
The procedure to pitch your idea is unique for each organization. Each organization has its own conditions. For example, you may be asked to present your business concept in person or submit a comprehensive business plan. If you reach an arrangement with a selected organization, it will deliver you a letter of support. You should include this letter when you submit your application. This is the evidence you need to demonstrate that the venture capital fund, angel investor group, or business incubator is endorsing your business idea. The organization will also send a commitment certificate directly. Both your letter of support and the organization’s commitment certificate to evaluate your application. Please note, you may be asked for more business information in order to make a final ruling on your application. If you don’t include the letter of support or meet any of the other requirements, your application will be refused
Did you know?
While your application for permanent residence is being processed, you can apply for a temporary work permit to get to Canada and start building your business.
Meet the language requirements
The capability to converse and work in English, French or both languages will assist your business to succeed in Canada. You should take a language test from an approved agency and incorporate the results with your application, or it will not be processed. You should meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in all of these four areas:
- Speaking
- Reading
- Listening
- Writing
Use your test results to find your CLB level. If you don’t meet the minimum language skills, your application will be refused.
Bring enough money to settle
The Government of Canada does not give financial support to new start-up visa immigrants. When you apply, you’ll need to give proof that you have the money to support yourself and your dependents after you arrive in Canada. You can’t borrow this money from another person.
The Start-up Visa Program aims for immigrant entrepreneurs with the aptitudes and ability to create businesses in Canada which:
- Are innovative
- Can create jobs for Canadians
- Van compete on a global scale
Eligibility
To be qualified for the Start-up Visa Program, you should:
- Have a qualifying business
- Get a letter of support from a designated organization
- Meet the language requirements
- Bring enough money to settle
Have a qualifying business A qualifying business implies you established a business that meets the subsequent requirements.
- At the time you get a commitment from a selected organization:
- each candidate holds 10% or more of the voting rights affixed to all shares of the corporation outstanding at that time (up to 5 people can apply as owners)
- candidates and the selected organization jointly hold more than 50% of the total voting rights affixed to all shares of the corporation outstanding at that time
- At the time you receive your permanent residence:
- you deliver committed and continuing management of this business from inside Canada
- an important part of the operations of the business occurs in Canada
- this business is incorporated in Canada
Get a letter of support from a selected organization
You must get a letter of support from a selected organization (a business group that has been authorized to invest in or support possible start-ups). You’ll need to:
- Contact the selected organization to find out how to get its support
- Persuade the organization that you have a business idea that is worth adopting
- Get a letter of support from the selected organization
The procedure to pitch your idea is unique for each organization. Each organization has its own conditions. For example, you may be asked to present your business concept in person or submit a comprehensive business plan. If you reach an arrangement with a selected organization, it will deliver you a letter of support. You should include this letter when you submit your application. This is the evidence you need to demonstrate that the venture capital fund, angel investor group, or business incubator is endorsing your business idea. The organization will also send a commitment certificate directly. Both your letter of support and the organization’s commitment certificate to evaluate your application. Please note, you may be asked for more business information in order to make a final ruling on your application. If you don’t include the letter of support or meet any of the other requirements, your application will be refused
Did you know?
While your application for permanent residence is being processed, you can apply for a temporary work permit to get to Canada and start building your business.
Meet the language requirements
The capability to converse and work in English, French or both languages will assist your business to succeed in Canada. You should take a language test from an approved agency and incorporate the results with your application, or it will not be processed. You should meet the minimum level of the Canadian Language Benchmark (CLB) 5 in either English or French in all of these four areas:
- Speaking
- Reading
- Listening
- Writing
Use your test results to find your CLB level. If you don’t meet the minimum language skills, your application will be refused.
Bring enough money to settle
The Government of Canada does not give financial support to new start-up visa immigrants. When you apply, you’ll need to give proof that you have the money to support yourself and your dependents after you arrive in Canada. You can’t borrow this money from another person.
Alberta Self-employed Farmer Stream
Expected Net Worth: $500,000 | Investment: $500,000
- Entails current farm business abroad
- Necessitates a business proposal to bring farm into Alberta, and proof that a Canadian financial institution is eager to finance candidate’s plan
Canada’s central provinces offer agricultural business programs permitting farm owners and operators to develop their business into Canada. Operating capital and an exploratory trip are generally needed. As with the generalized provincial entrepreneur programs, these programs usually require commitment to live in the Province.
This stream of the B.C. Provincial Nominee Program (BC PNP) is a pathway to immigrate to Canada and reside in B.C. for qualified entrepreneurs who can sustain innovation and economic growth in the Province.
ENTREPRENEUR IMMIGRATION – REGIONAL PILOT
This Entrepreneur Immigration – Regional Pilot (EI – Regional Pilot) is centred on inviting entrepreneurs to establish businesses in regional communities. This will assist the communities’ economic development demands and promote investments outside urban areas. Highlights of the E.I. Regional Pilot:
- Active community role – contributing communities have a crucial role in the pilot. They are keenly engaged in inviting foreign entrepreneurs to their community and working with local partners and existing networks to help entrepreneurs staying in their communities.
- Referral from the community – contributing communities may refer foreign entrepreneurs to the BC PNP whose business model supports the community’s economic priorities. The foreign entrepreneur should be invited by the community to perform an exploratory visit and introduce their notion to the community’s assigned contact person before receiving a referral.
- Community concierge – a devoted BC PNP concierge service that helps communities with immigration program information.
- Invitations & prioritization – foreign entrepreneurs who are referred by a participating community, are assigned in a separate registration pool reserved to the pilot when they register. Regional pilot registrations and applications are prioritized.
ENTREPRENEUR IMMIGRATION – BASE CATEGORY PROGRAM REQUIREMENTS
To be eligible, you should:
- Have a personal net worth of at least CAD$600,000
- Express business and/or management understanding
- Have, or be qualified for, legal immigration status in Canada
- Have basic English or French language proficiency equivalent to Canadian Language Benchmark (CLB) level 4 or higher
- You should also have been lawfully acknowledged in the country where you presently live
- Create a qualified new business or acquire and develop an existing business
- Should invest at least CAD$200,000 in the business
- Generate at least one new full-time job for a Canadian citizen or permanent resident in the business
All candidates should pay the subsequent fees:
- $300 registration fee
- $3,500 application fee
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The Saskatchewan Immigrant Nominee Program (SINP) Entrepreneur Category presents applicants the chance to establish, acquire, or partner in a business in Saskatchewan and be keenly interested in its management.
Eligibility:
- Meet the minimum entry standards to present an EOI to the SINP:
- At least a net worth of $500,000 CAD, certified by a Ministry-certified professional third party
- Growth of net worth through legal methods validated to at least 80 percent by a Ministry-certified professional third party
- Minimum of three years of entrepreneurial skill within the past ten years
- At least an equity investment of $300,000 CAD in Regina or Saskatoon, or a minimum of $200,000 CAD in any other Saskatchewan community.
- Should prove an in-depth knowledge of their Business Establishment Plan (BEP)
- Should own a minimum of one-third (33.33 percent) of the equity of a business in Saskatchewan except their total investment is $1,000,000 CAD or higher
- Establish or retain a minimum of two jobs for Canadian citizens or Permanent Residents in Saskatchewan (non-relative workers) if forming a new business in Saskatoon or Regina
- If acquiring a current business in Saskatoon or Regina, the candidate should retain the business’ staffing complement (the number of Canadian or permanent resident workers) in place at the time of acquisition.
- Should reside in Saskatchewan with their dependent family members
- Sign a business performance agreement with the Government of Saskatchewan, which will be presented by the SINP after the application is endorsed.
For a business to be deemed qualified under this classification, the subsequent criteria should be met:
- The business should have the capability for generating economic value to Saskatchewan, as evaluated by SINP immigration officer
- The business can be a Sole Proprietorship, Partnership, or Corporation, but should meet the legal obligations of the community in which it operates
- The business should be a for-profit entity with the primary purpose of making profits via the sale of goods and/or services
- The business should be deemed a “permanent establishment” as defined under subsection 400(2) of the Canadian Income Tax Regulations, 1985
If acquiring a formerly existing Saskatchewan business, the subsequent obligations must be met:
- The business should have been in constant operation by the same owner for the past three years
- The candidate should accomplish an exploratory visit to meet the former owner(s)
- Sensible attempts should be undertaken to create a fair market value for the business
- There should be a comprehensive shift in ownership where the candidate undertakes full control of the business
- The candidate should devote to preserving employment for current Canadian citizens or permanent residents above the least required, as well as keeping current wages and employment terms.
If acquiring a formerly existing Saskatchewan business from a SINP Entrepreneur Nominee, the subsequent obligations must be met:
- The business should have been in constant operation by the former owner for at least three years
- The business should show a net profit for at least two of the earlier three years
- The former owner should be either a Permanent Resident or a Canadian Citizen
- The candidate should complete an exploratory visit to meet the present owner(s)
- Sensible attempts should be taken to create a fair market worth for the business
- There should be a comprehensive shift in ownership where the candidate assumed full control of the business
- The candidate should devote to preserving employment for current Canadian citizens or permanent residents
If recommending a joint venture with another SINP candidate in the operation of a new business, the acquisition of the current business, or a partnership with a Permanent Resident or Canadian Citizen, the subsequent obligations should be met:
- The business should have been in constant operation by the same owner for the past three years
- Candidates should carry out an exploratory visit to meet the former owner(s) or business partner(s)
- Sensible attempts should be taken to create a fair market worth for the business or investment amount
- Any succession should cause a comprehensive shift in ownership where the candidates assume full control of the business
- Candidates should retain employment for existing Canadian citizens or permanent residents
- Candidates are not obliged to generate additional jobs.
- Candidates should specify in their application form that they are recommending a joint venture with a program candidate or a permanent resident or Canadian citizen, and distinguish their planned business partners
Each potential candidate should present their EOI concurrently
- Meet the minimum entry standards to present an EOI to the SINP:
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This stream is intended for skilled business owners and senior managers who desire to become permanent residents by owning a business in New Brunswick (N.B.) and overseeing it while living in the Province. Your business should be:
- Of economic value to the Province
- You should have at least 33.33 percent ownership and undertake an active senior management role in the day-to-day function of the business
- A sole proprietorship, partnership or corporation; (in the case of a partnership, the other partner(s) should be a Permanent Resident or Canadian Citizen)
- Continual operation of current business or the formation of a new business
- A private-sector, for-profit entity with the primary objective of making profits all through the sale of goods and/or services
- Deemed a “permanent establishment” as specified under subsection 400(2) of the Canadian Income Tax Regulations, 1985
Priority processing may happen for applications with business plans that have the highest possibility to generate considerable economic value via:
- Improved value-added manufacturing or processing for New Brunswick exports
- Improved research and development
- Advancement of new products and/or services
- Advancement of innovative methodologies to traditional businesses
- Development and/or enhancements of new technologies
- The handover of technology and specific knowledge to New Brunswick
- Delivering products and/or services to an under-served local or regional marke
- Of economic value to the Province
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To be qualified, the candidate should have achieved a full-time diploma or degree of a minimum of two years in Nova Scotia and maintain a valid post-graduate work permit. Also, the candidate should own (a minimum of 33% ownership) and manage their business in Nova Scotia for a minimum of one year before applying under this Program. Requirements: Experience: 1-year managing/owning the business (33% shares) in Nova Scotia Language: CLB 7
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Entrepreneurs nominated by NWT should sign a business performance agreement and then acquire a work permit to begin a business before being nominated for permanent residence. In Yellowknife: Net Worth: $500,000 | Investment: $300,000 | Refundable Deposit: $75,000 Outside Yellowknife: Net Worth: $250,000 | Investment: $150,000
- Candidates must have a CLB 4 in English or French and some related experience and education
- Candidates should have a minimum of 33% of a business formed in NWT
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The Business Investor Stream (BIS) permits Manitoba to engage and nominate eligible business investors and entrepreneurs who intend and could start or purchase businesses in Manitoba. There are currently two pathways:
- The Entrepreneur Pathway for candidates looking to open a business in Manitoba; and
- The Farm Investor Pathway for candidates who intends to establish and operate a farm operation in rural Manitoba.
Entrepreneur Pathway
This pathway permits Manitoba to recruit and nominate qualified business people who have the intention and capability to reside in Manitoba and establish, purchase a business or become partners in an existing business within the first 24 months of arrival in Canada on a temporary work permit. Applicants are no longer required to submit a deposit of $100,000.
Requirements:
- At least three years of full-time work experience in the past five years as an active business owner or working in a senior management role
- Business owners are given higher points in
- Business owners should have a minimum of 33 1/3% ownership
- Minimum CLB/NCLC 5
- Minimum Canadian high school certificate equivalent
- No age limit: however, ranking points are allocated to candidates 25 to 49 years of age
- At least investment of $250,000 for businesses in the Manitoba Capital Region.
- At least an investment of $150,000 for business outside of the Manitoba Capital Region.
- Business Investment should be made in legitimate business as defined by the MPNP.
- The business being proposed should establish or retain a minimum of one job for a Canadian Citizen or a Permanent Resident in Manitoba (not including owners of the business and/or their close relatives).
- A Business Plan is needed and is an essential part of the application.
- A business research visit permits the candidate to carry out extensive research on their future business investment or proposal. The Business Research Visit should be conducted no more than one year before the submission of your EOI.
Points will be given if:
- Your spouse has CLB/NCLC 5 or higher
- You or your spouse have CLB/NCLC 5 or higher in the Second Official Language
- You or your spouse or common-law partner have close relatives presently living in Manitoba for more than a year
- Your child is studying in an accredited Manitoba educational institution and is actively pursuing academic, professional or vocational training on a full-time basis for at least six months before the date of submission of EOI
- You or your accompanying spouse or common-law partner have finished a program of full-time study for a minimum of one year at a post-secondary institution in Manitoba. You or your accompanying spouse or common-law partner should have done this after you turned 17 years old and with a valid study permit; OR You or your accompanying spouse or common-law partner have finished at least six months of continuous full-time employment in Manitoba. A letter of reference from the employer and a copy of the work permit should be presented.
- The net worth of at least $500,000
- Your personal net worth will be validated by a third-party supplier authorized by the MPNP. A verification report, with the application, should be presented to the MPNP within 120 days of obtaining your LAA.
- When approved, a Business Performance Agreement (BPA) should be signed before MPNP issues a letter of support for your application of a work permit.
Farm Investor Pathway
This pathway is for people with a proven farm business knowledge, enough available capital for investment, and with the intention to establish and operate a farm operation in rural Manitoba. The successful applicants of the FIP must establish a farm business in rural Manitoba, yielding primary products that are coherent with the Province’s existing farm industry. The type of operation and investment should relate to Provincial statistics and be applicable to Manitoba’s farm industry. Agri-business operations not generating primary products might qualify under the Entrepreneur Pathway.
Requirements:
- At least three years of farm ownership and operation familiarity backed by certifiable documents
- The Farm Investor Pathway (FIP) identifies language skills in either of Canada’s two official languages.
- Should you be summoned to attend a FIP interview, you are expected to interview in either French or English.
- You should have at least $300,000
- Farm business investments should be inappropriate substantial assets as specified by the MPNP.
- A farm business plan is needed and is an essential part of the application.
- Investments in a farm business operated mainly for the objectives of obtaining passive investment income or exploratory purposes are not qualified.
- You should organize a Farm Business Research Visit to Manitoba
- A farm business must have continuing and regular business endeavours in rural Manitoba.
- You are expected to live on the farm and keenly take part in the management of the farm business on a continuing basis within Manitoba.
- The farm business should be in active primary agriculture production and economically feasible
- You should prove adaptability, explicitly concerning practical farming skills, technical knowledge, and experience in technological based farming practices that will shift precisely to Manitoba’s existing primary farm production industry.
- The MPNP needs you to perform value-added farm business endeavours in Manitoba. Solely speculative activities or the use of third-party farm managers are not qualified under the MPNP.
- You should have a minimum investment of $500,000
- The MPNP may request authentication of your net worth and financial evidence by a designated third-party service provider.
- If demanded, the authentication report, along with your application, should be presented to the MPNP within 120 days of obtaining your Invitation to Apply.
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OINP Entrepreneur Stream
The Entrepreneur Stream is an immigration stream under the Ontario Immigrant Nominee Program (OINP). This stream is for entrepreneurs not residing in Canada and is keen on starting a new business or buying a prevailing business in Ontario. It provides an entrepreneur (and up to one foreign national business partner) the chance to be selected for permanent residence as soon as their business is launched in Ontario. There is a two-stage process.
Stage 1
- Enroll an expression of interest by email
- If requested, submit an online application
- You and your business partner (if applicable) attend a mandatory in-person interview at the OINP office in Toronto
- If your stage 1 application is positive, you should sign a performance agreement
Stage 2
- The Ontario Government will issue a temporary work permit support letter so that you can submit an application to IRCC for a temporary work permit
- Establish your business – you have 20 months to execute your business plan and present a final report
- If your business meets all conditions, you will be asked for documentation to make sure you are qualified for nomination for permanent residence.
Compulsory prerequisites
To be eligible under the Entrepreneur Stream, you should have a feasible business that is expected to deliver material economic value to the economy of Ontario or to the local Ontario economy where the business will be situated. You and one business partner (if applicable) should mutually meet the conditions. If you are requested to submit an application, you should deliver backing documentation to prove you meet the criteria.
1. Business experience
You should have a minimum of 24 months of full-time business experience in the last 60 months. Your experience should be as a business owner or as a senior manager (business management). As a business owner, you should have an operational role in the business and owned at least one-third of the business. As a senior manager, you should have a senior decision-making duty in the business.
2. Net worth
If your intended business will be situated:
- inside the Greater Toronto Area (City of Toronto and Durham, Halton, York and Peel regions) you should have at least a net worth of 800,000 CDN.
- Beyond the Greater Toronto Area, you should have at least a net worth of $400,000 CDN.
If your intended business is in the information and communications technology/digital communications segment, then irrespective of site, you should have at least a net worth of $400,000 CDN.
3. Personal investment funds and minimum equity
If your intended business will be situated:
- Inside the Greater Toronto Area, you should make at least a personal investment of $600,000 CDN and control at least one-third of the equity in the business
- Beyond the Greater Toronto Area, you should make at least a personal investment of $200,000 CDN and control at least one-third of the equity in the business
If your intended business is in the information and communications technology/digital communications sector, then irrespective of site, you should make at least a personal investment of $200,000 CDN and control at least one-third of the equity in the business. The Ontario Immigrant Nominee Program (OINP) welcomes foreign national entrepreneurs eager to capitalize in Ontario. Applicants who are asked to apply for permanent residency nomination under the Entrepreneur Stream would be considered, but not guaranteed for approval, and submissions are evaluated alongside the conditions as set out under section 13 of Ontario Regulation 422/17 (General), as further clarified in the Application Guide: Entrepreneur Stream. The measures include a candidate showing that they meet the least personal net worth and investment criteria. While passive investments, as well as mutual and/or pooled fund securities, are acceptable for the objective of satisfying the personal net worth standard, they are not qualified for inclusion in an applicant’s minimum business investment sum.
4. Active involvement
You should be keenly involved, on a continuing basis, in the management of the business.
5. Capital investment objective
The main objective of providing capital in the business should be to create a profit. It should not be to obtain interest, dividends or capital gains.
6. Job formation
If the business will be situated within Greater Toronto Area, you should generate at least two permanent full-time jobs for Canadian citizens or permanent residents. If the business will be situated beyond Greater Toronto Area or in the information and communications technology or digital communications sector, irrespective of the site, you should generate at least one permanent full-time job for a Canadian citizen or permanent resident. Jobs should be generated within the first 20 months of creating or purchasing the business, should be continuously covered for at least ten months and should be paid at the median wage amount for the position.
7. Additional prerequisites of acquiring an existing business
If you propose to acquire an existing business:
- You should get at least one business-related visit to Ontario within 12 months from the date of entering an Expression of Interest
- The business being acquired should have remained in constant operation by the same owner(s) prior to 60 months
- Ownership of the business should be entirely assigned to the candidate or any business partner
- You should use a minimum of 10% of your personal investment in the direction of enhancing or developing the business in Ontario
- You should maintain all permanent full-time employees that operated in the business preceding to the shift of ownership
General business requirements
In supplement to meeting the lowest conditions listed above, you should also meet the general business requirements listed underneath.
1. Business objective
The business objective should be to create a profit from active revenue via the sale of goods and/or services.
2. Canadian and Ontario legal necessities
Your business should observe with all pertinent federal, provincial or municipal legal, regulatory and licensing necessities. This comprises acquiescence with Ontario’s labour and employment standards laws.
3. Permanent business
Your business should be permanent. Project-based and seasonal businesses are not qualified.
4. Business in Ontario
You should always maintain a place of business in Ontario.
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The PEI Government has lately shut the Provincial Nominee Program entrepreneur stream as of September 20, 2018. PEI no longer admits submissions from immigrants looking to set up a business in exchange for instant permanent residency. Entrepreneur immigrants could currently apply through the Work Permit stream. Candidates would reside in PEI and operate a functioning business for one year prior to being selected and obtain a permanent residency. All applicants will resume being invited through the Expression of Interest system, and the draw schedule will continue unchanged. Suitability conditions for the nomination through the Work Permit stream:
- Net worth: $600,000
- Education: Secondary school (high school diploma)
- Age: 21-59 years at the time of application
- Language: CLB 4
- Experience: Assignable management skills and previous employment or business ownership knowledge
- Intent to reside and work in PEI at the same time providing day-to-day active and continuing management of your PEI-based business
- Net worth: $600,000
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Candidates may both purchase a business or begin a business in Quebec. There are two streams in this class. The first stream necessitates that the candidate establishes and manages a business that has obtained a service offer from a qualifying business accelerator, incubator or university entrepreneurship center. For the first stream, the subsequent applies:
- Up to three foreign nationals can apply to utilize a similar project
- Should submit a business plan establishing the business project
- Should submit a service offer from the business accelerator, incubator or university entrepreneurship center
The second stream necessitates the candidate to settle down in Quebec and manage a business they both purchased or opened. The following circumstances apply in the second stream:
- Net Worth: $900,000
- At least an Investment of $300,000 is situated in the Montreal area ($200,000 if beyond the Montreal area)
- Should deliver a business plan
- If establishing a business, the candidate should retain and control a minimum of 25% of equity capital
- If buying/obtaining a business, the candidate should retain and control a minimum of 51% of its equity capital
- Submissions are evaluated grounded on age, education, training, language skills, visits to Quebec, family in Quebec and other factors
Quebec Investor Program
On January 1, 2020, there will be a new selection condition on the learning of democratic values and Quebec values in the Charter of Human Rights and Freedom. Please read the attestation of learning about democratic values and Québec values. Please note that the application for the Investor program is suspended temporarily. Eligibility:
- You or your accompanying spouse or de facto spouse, have assets of at least C$2,000,000
- You must have management experience of at least two years. This should comprise duties related to the planning, management, and control of financial, human or material resources under your authority. The experience acquired in an apprenticeship, training or specialization is not included
- Intend to settle in Québec
- Sign an investment agreement with a financial intermediary (broker or trust company) authorized to participate in the Investor Program
- Make a five-year term investment of C$1,200,000 with Investissement Québec – Immigrants Investisseurs Inc.
- You should have proof of learning about democratic values and Québec values. The members of your family accompanying you (your spouse of 16 years of age or older and your dependent children of 18 years of age or older) should have proof as well.
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Entrepreneurs nominated by Saskatchewan should sign a business performance agreement and then acquire a work permit so they can begin a business prior to being selected for permanent residence. Net Worth: $500,000 | Investment: $200,000 ($300,000 if in Regina or Saskatoon)
- Be able to apply after operating a business in Saskatchewan for six months
- Needed three years of familiarity possessing or operating a business in the last ten years
- Be able to apply with a co-applicants
Saskatchewan International Graduate Entrepreneur Program
Candidates should have finished a full-time diploma/degree of at least two years in Saskatchewan. In supplement, the candidate should have a legitimate post-graduate work permit that has at least 24 months of legality or beyond.
- Should retain a minimum of 33% of the business equity
- The business should produce the minimum expected income following one year of operation
- Necessitates proof of CLB 7 in English or French
- Submissions are evaluated corresponding to a points grid
Saskatchewan Immigrant Nominee Program – Farm Owner/Operator
Net Worth: $500,000 | Investment: $150,000 | Refundable deposit: $75,000
- Obliged to present credentials demonstrating farm operation experience and training
- Expected to present proposal
- Farmers under 40 years old just require a net worth of $300,000
Canada’s central provinces provide agricultural business programs permitting farm owners and operators to develop their business into Canada. Operating capital and an exploratory trip are normally needed. As with the generalized provincial entrepreneur programs, these programs usually involve an intention to live in the Province of application, with a refundable amount paid to the Province if the candidate does not stay in the Province.
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Entrepreneurs nominated by Yukon should sign a business performance agreement and then acquire a work permit so they can begin a business prior to being selected for permanent residence.
Investment: $300,000 | Net Worth: $500,000
- The business should be in the Strategic Sector List
- Evaluates suitability on a points grid
- Require three years of business proprietorship or administration experience and a full of five years of pertinent experience
Necessitates English skill at IELTS level 6 or French skill at TEF level 4