Most provinces run their own business immigration programs. Eligible candidates must be able to manage a business, create jobs depending on the type of the enterprise.  There is a wide range of investment programs, but the minimum investment amount is $350,000 with relevant management experience. Some of the programs require a significant investment amount which is refundable after the business has been established.

To apply through provincial nominee programs, candidates first must be nominated by a province. Once nominated, they become eligible for permanent residence. To obtain a permanent residence, applicants will have to pass medical and criminal record checks. 

British Columbia Entrepreneur Immigration

If you want to immigrate to B.C., you can do that through an investment opportunity and managing your business in the province.  

You can apply the following categories:

  • Entrepreneur Immigration – Base category;
  • Entrepreneur Immigration – Regional Pilot.

If you are an experienced entrepreneur who seeks to open a new business or invest in the existing business in B.C., then you should apply for the Entrepreneur Immigration – Base Category.

 

First of all, you’ll have to apply for the BC PNP nomination. These are the following requirement you must meet:

  • Active management – you must either demonstrate your intention to manage the business in British Columbia or you must demonstrate that you have been actively managing your business in B.C.;
  • Residency – you must prove you are planning to live within 100 kilometers of the business you plan to ;  
  • Immigration Eligibility – you must have valid immigration status to operate a business in Canada;
  • Personal Assets – you must have at least $600,000 in personal assets, including your spouse or common-law partner, and your dependent children, if applicable;
  • Experience – you must have three years of experience as an active business owner-manager if have been actively involved in the management and operations of a company for which you have held 10 percent or more ownership during the past 10 years; or more than four years of experience as a senior manager that has worked the last ten years for a company as an active manager supervising at least three full-time employees;
  • Education – you must have graduated from a post-secondary institution or have experience as an active business owner-manager for at least 3 of the last five years with 100% ownership in the business;
  • Ownership percentage – at least one-third;
  • Business proposal;
  • Investment – you must demonstrate a commitment to invest at least $200,000;
  • Job creation – minimum one full-time job for a Canadian citizen or permanent resident.

 

To apply through the Entrepreneur Immigration – Regional Pilot, you will have to meet the following requirements: 

  • Active management – you must either demonstrate your intention to manage the business in British Columbia or you must demonstrate that you have been actively managing your business in B.C.;
  • Residency – you must prove you are planning to live within the boundaries of the   community that has supported you EI;
  • Immigration Eligibility – you must have valid immigration status to operate your business in Canada;
  • Personal Assets – you must have at least $300,000 in personal assets, including your spouse or common-law partner, and your dependent children, if applicable;
  • Experience – you must have three years of experience as an active business owner-manager if have been actively involved in the management and operations of a company for which you have held 10 percent or more ownership during the past 10 years; or more than four years of experience as a senior manager that has worked the last ten years for a company as an active manager supervising at least three full-time employees;
  • Education – you must have graduated from a post-secondary institution or have experience as an active business owner-manager for at least 3 of the last five years with 100% ownership in the business;
  • Ownership percentage – at least 51%;
  • Business proposal;
  • Investment – you must demonstrate a commitment to invest at least $100,000;
  • Job creation – minimum one full-time job for a Canadian citizen or permanent resident.

 

The EI – Base Category doesn’t require a language test if official language skills claimed, while under the EI Regional Pilot, you will be required to submit a copy of English or French proficiency test at the registration. Both programs allow a partnership with local business, but only EI – Base Category allows a partnership with a core-registrant and engagement of key staff.

Applicants enter a pool where they receive scores. Applicants with the highest scores receive an invitation to apply.

Saskatchewan

The province of Saskatchewan offers its Entrepreneur Program, which is aligned to the Saskatchewan Immigration Nominee Program (SINP). While residing in Saskatchewan, you can open, purchase or partner in a business in Saskatchewan. 

So if you want to open a business, the first step is to demonstrate your desire to engage in the province business by applying via the Expression of Interest (EOI). All candidates receive a score and only high scoring candidates get an invitation to apply.

Before submitting EOI, candidates must meet the following requirements:

  • Have at least $500,000 in Net Business and Personal Assets;
  • Have at least three years of relevant business management or entrepreneurial experience gained in the past ten years; 
  • Demonstrate to invest at least $300,000 in Regina and Saskatoon or at least $200,000 in all other Saskatchewan communities;
  • Invitees must submit a Business Establishment Plan (BEP);
  • Have a minimum 1/3 percent of the ownership;
  • Create two jobs in Saskatchewan for Canadians or permanent residents who aren’t related to you;
  • Demonstrate a commitment to engage in business on an everyday basis.

Manitoba

Manitoba has two entrepreneur streams:

  • Entrepreneur Pathway;
  • Farm Investor Pathway.

 

Entrepreneur Pathway

If you have an ability to move to Canada and set up a new or develop an existing business within the first 24 months of arrival in Canada on a temporary work permit, then Entrepreneur Pathway is a good choice.

Candidates must meet the following requirements:

  • Have at least three years of full-time work experience in the past five years or you must have been an active senior manager of a successful business;
  • Meet the minimum language proficiency level of CLB/NCLC 5;
  • Have at least a high school certificate;
  • A minimum investment of $250,000 for a business located in the Manitoba Capital Region;
  • A minimum investment of $150,000 for a business located outside of the Manitoba Capital Region;
  • Business Research Visit;
  • Once invited, submit a business plan;
  • Have a personal asset of at least $500, 000.

 

Farm Investor Pathway

Eligible candidates of this stream which runs under the Manitoba Provincial Nominee Program are expected to engage in the farm business of rural Manitoba producing primary products that go in line with the province’s current farm industry. If your business rather assumes operations that don’t produce primary goods, then instead you can apply for the Entrepreneur Pathway.

Candidates must meet the following requirements:

  • Have at least three years of farm ownership and management;
  • You are not required to submit an official language test, but if invited, you will be required to speak either French or English during the interview;
  • Have at least a high school certificate;
  • Minimum investment of $300,000 in rural Manitoba;
  • Farm Business Research Visit;
  • Once invited, submit a farm business plan;
  • Have a personal asset of at least $500, 000.

Nova Scotia

The Nova Scotia Provincial Nominee Entrepreneur Stream is designed for experienced business owners or senior business managers who intend to live in Nova Scotia. They must open a new business or purchase an existing business and must actively engage in the day-to-day management of the business. After operating the business for a year, the entrepreneur can apply for a permanent residency. Interested applicants must submit an Expression of Interest (EOI)

Candidates must meet the following requirements:

  • Be at least 21 years old;
  • Intent to reside permanently in Nova Scotia while owning and actively running a Nova Scotia business;
  • Have a personal asset worth of at least $600,000;
  • A minimum investment of $150,000 to establish a business in Nova Scotia;
  • Have at least three years of experience in managing and owning a business with at least 1/3 percent of ownership OR more than five years of experience in a senior business management role;
  • Meet the minimum language proficiency level of CLB/NCLC 5.

Ontario

As with the above-mentioned entrepreneur streams, the Entrepreneur Stream under the Ontario Immigrant Nominee Program (OINP) gives a foreign entrepreneur the opportunity to be nominated for permanent residence after their business has been successfully set up in the province. Interested candidates apply through an Expression of Interest.  

Candidates must meet the following requirements:

  • Have at least three years of experience in the past five years as a business owner or a senior manager;
  • A minimum investment of $1,000,000 for business situated in the Greater Toronto Area;
  • A minimum investment of $500,000 for business situated outside of the Greater Toronto Area;
  • Conduct a Business Research Visit;
  • Once invited, submit a business plan;
  • Have a personal asset of at least $1,500,000 within the Greater Toronto Area or $800,000 outside of the Greater Toronto Area;
  • Create at least two jobs for Canadians or permanent residents within the first two years of establishing or acquiring the business;
  • If you have a business partner, he must also meet all the eligibility requirements.

New Brunswick

Eligible candidates for the New Brunswick Entrepreneur Stream must submit an Expression of Interest Form by email. Only candidates with the highest scores receive an invitation to apply. This program is aligned to the New Brunswick Nominee Program (NBPNP)

New Brunswick offers two interpreter streams:

  • NB Entrepreneur Stream;
  • Entrepreneur Stream.

NB Entrepreneur Stream

Under the NB Entrepreneur Stream, candidates must meet the following requirements:

  • Be between 22-55 years of age;
  • Intent to reside permanently in New Brunswick while owning and actively running a business;
  • Have at least three years of full-time work experience in owning or managing a business in the past five years or five years of experience as a senior manager of a successful business;
  • You must have completed at least two years of university or college (post-secondary education);
  • Have a personal asset worth of at least $600,000;
  • A minimum investment of $250,000 to establish a business in Nova Scotia;
  • Have at least three years of experience in managing and owning a business with at least 1/3 percent of ownership OR more than five years of experience in a senior business management role;
  • Meet the minimum language proficiency level of CLB/NCLC 5;
  • Conduct a Business Research Visit;
  • Submit a business plan.

 

Entrepreneur Stream

This program is designed for international students who have graduated from a post-secondary institution of New Brunswick. The graduates must have started or purchase a business in the province and operated it for at least one year while on a valid Work Permit.

Candidates must meet the following requirements:

  • Be between 22-40 years of age;
  • Meet the minimum language proficiency level of CLB/NCLC 7;
  • Have acquired a New Brunswick post-secondary degree for at least two years of full-time study;
  • Have owned or operated a business for at least one year with 100% of ownership;
  • Prove they intend to reside in NB.

Northwest Territories

The Business Stream is one of the immigration programs under the Northwest Nominee Program. The Business Stream aims to attract international entrepreneurs who have the capital and want to settle in the Northwest Territories. Eligible candidates are welcome to open or purchase a business through the Department of Industry, Tourism, and Investment.  

Candidates must meet the following requirements:

  • Have the relevant experience and education to own or operate a business;
  • A minimum investment of $300,000 or business in launching a business located within Yellowknife, Northwest Territories; or
  • A minimum investment of $150,000 located outside of Yellowknife, Northwest Territories; 
  • a personal asset of at least $500,000 for launching a business located within Yellowknife, Northwest Territories; or
  • Have a personal asset of $250,000 outside of Yellowknife, Northwest Territories;
  • Meet the minimum language proficiency level of CLB/NCLC 4;
  • Have at least 1/3 percent of ownership or less if investment accounts for $1,000,000;
  • Make at least one business trip followed by the interview where a prospective candidate must present his business plan.

Nominated candidates receive an invitation to apply for the permanent residency.

Yukon

Foreign nationals can apply to run their own business in Yukon. The province encourages investments in information technology, manufacturing, value-added processing, forestry, tourism products, attractions, energy, agriculture, cultural industries, film, and video production.

  • Have at least three years of work experience in an operating business;
  • Have five years of work experience in the relevant business;
  • Have at least a high school certificate;
  • A minimum investment of $300,000 (legally acquired);
  • Have a personal asset of at least $500, 000;
  • Demonstrate intention to live in , including dependents;
  • Provide a business plan;
  • Once invited, submit a business plan.

If you are interested in either of the programs, contact Solid Visa immigration agents for further details about available entrepreneur streams.