With a view to fruitfully cater to the requirements of more migrants in the urbanized Canadian provinces, the Canada Immigration and Citizenship (CIC) set-up the Provincial Nominee Program (PNP),to achieve the requirement of labor force in these specific provinces. More skills would improve individual economies along with distributing adequate investments in those professions which necessitate labor from abroad.
Those who are looking to get hold of a Canadian Permanent Residency (PR) Card - the PNP could be worth taking into consideration. This specific scheme permits employment based, investment based immigration,besides immigration in some other circumstances.
Ottawa has negotiated several provincial &territorial skilled immigration deals relating to the specific needs of the recruiters &capital investment necessities for each specific geographical region. Hence, a majority of the Canadian provinces also boast of their own particular Canada Provincial Nominee Programs for Businessmen and Investors that are molded to inspire trained manpower to reside in those provinces.
For potential immigrants under the Canada Business Provisional Program understanding the various grains associated with the petition procedure could not be an easy or simple affair, thanks to the many aspects linked to it.
Abhinav's immigration professionals comprehend what all it takes to present and manage the petition under the scheme, in the process, making certain that the bowl gets duly filled systematically, minus any excess spilling.
Every specific Canadian province and this does not include Quebec,boasts of its own quota for admitting skilled migration offered by the yearly Immigration quota. Keen aspirants aiming to file a petition, through the Canada Business Provisional Program can choose the province of their choice, even as our immigration specialists would notify them about the many facets linked with province, along with providing the smallest of granule of the job market. These Canada Business Provisional Program specialists using Abhinav’s first-rate network would then assist the clients in getting duly nominated for the planned provinces.
Once the course of the compulsory nomination is concluded, there is no U-turn. The process of filing the submission for Canada Business Provisional Program would begin, leading way to fulfilling other mandates,such as; for instance, vital documents/papers, and sailing through medical, security &background check, etc.
Besides the applicants, applying under the said scheme would be preferred at the stamping level. Abhinav`s PNP experts would advise which program would suit the clients as per their case studies, in the process, bringing the best choice for their perusal.
British Columbia, amongst Canada’s premier settlement destinations,has started an online registration system for applicants keen in filing application under the BC Provincial Nominee Program (BC PNP) Entrepreneur Immigration Class.
The procedure for the BC PNP basically involves three primary steps prior to you may file a petition for Permanent Residence (PR).
Preparation Before You Register
In your capacity as a successful entrepreneur, an exploratory visit to BC is though not compulsory highly recommended. This will offer you in gaining more details related to the existing opportunities and also the local business atmosphere prior to registration under the program.In case you need a visitor permit (Temporary Resident Visa), to make a trip to the nation, it is mandatory that you submit an application to nearest Canadian Consulate or Canada High Commission. If you have not made an exploratory visit to British Columbia and wish to make one, Abhinav can help you in preparing and filing the application and also fix a program and appointment schedule. Also note that making an exploratory visit will help you claim crucial additional points in the BC Entrepreneur Immigration Registration (EIR) Pool.
Through your trip, you can, among others things:
Please note that the BC Government will strictly not proffer a letter of support for you to get a Temporary Resident Permit to carryout an exploratory trip to the province.
British Columbia Regions and Regional Districts
Each and every of the region of the BC comprises special industries, business breaks, demographics, and lifestyle possibilities. Explore the various regions of the BC to discover the finest site for not only yourself and your business.
Registering with the BC PNP Entrepreneur program
The Entrepreneur Immigration Registration (EIR) is basically an online registration route that is the first step to moving to the province in your capacity as an entrepreneur. It is essentially a points-based structure even as you will obtain a score the basis of which is the facts that you offer. Your total and position relative to other registrants will actually decide if you will be sent an invitation to submit an application,through the BC PNP Entrepreneur Immigration Class.
The BC PNP reserves the right to make improvements to the EIR,minus prior notice, and this comprises amendments to the score grid, the bare minimum total needed in every section, the ending of registrations in the pool of selection, and the volume and rate of registrants sent an invite to present an application.
Entrepreneur Immigration Registration some crucial facts
BC PNP Entrepreneur Immigration Registration Registration Form
Every section of the registration has a bare minimum eligibility total. It is obligatory that aspirants fulfill the bare minimum scores in every section with a view to be given admission into the pool of selection. The utmost total score obtainable is 200. Besides, there is not any bare minimum overall score threshold.As long as applicants make the minimum score for every part, they are entitled to gain entry into the pool of applicants.
Aspirants are given a position on the basis of their scores for business skills, net worth, personal investment, planned job formation, adaptability (and this comprises age, language ability, education, prior trips to the province, and preceding employment or study in the nation), and business idea or concept. A maximum of 80 of the 200 total points can be given for the business idea or concept.
Every segment of the registration has a bare minimum eligibility score. It is binding that applicants fulfill the minimum scores in every segment with a view to gain entry into the pool of selection even while 200 is the highest score obtainable.
Aspirants will obtain points on the basis of their business rights and/or higher-ranking supervision work experience.
It is essential that particulars of your business/work experience for the previous decade are included. Strictly desist from duplicating the particulars of your experience in both segments. For instance in case you held 100%or complete rights of a business but you were also involved in the business as the, say, General Manager you can only choose Business Owner-Manager Experience. The transferability and bearing of your background to your planned firm in the province will be reviewed as component of the BC PNP scoring of your Business Concept.
The highest possible total accessible for this section is 24. It is compulsory that aspirants obtain not less than 8 points to fulfill the bare minimum requirements for the segment.
Applicants will get points on the basis of their total net worth,and this comprises that of their other half or common-law partner, in case valid.
The highest score accessible for this segment is 12. Aspirants must get not less than 1 point to cater to the bare minimum conditions for the total personal net worth.
Points will be awarded to applicants based on their planned entitled personal investment for the business, and this comprises planned total investment and entitled investment for the planned investments. In case you are recommending a joint venture with a co-registrant, it is obligatory that you take in the names of every associate with your registration.
The highest score to be had for this segment is 30. It is compulsory that applicants get not less than 6 points, or 20 points, in case you are recommending a Key Staff, to fulfill the minimum condition for this segment.
Applicants will get points on the basis of their proposed employment formation&job maintenance in case they are buying an existing company. For the proposed business, it is obligatory that you duly spot the figure of full-time comparable (FTE) openings that will be not only generated but also maintained.
The highest score obtainable for this segment is 36. It is compulsory that aspirants attain not less than 2 points or 12 points in case you are proffering a Key Staff, to fulfill the minimum conditions for the segment. Apart from this, you will not make the cut, in case you fail to generate not less than 1 FTE. In case you are recommending a Key Staff, it is compulsory that you generate not less than 3 FTEs.
Applicants will obtain points on the basis of your self-proclaimed adaptability things with your registration or application, in case you are sent an invite to submit an application.
The highest score obtainable for the segment is 18 and there is no bare minimum required total whatsoever for the segment.
Final Scoring, the Selection Pool
The BC PNP will allocate scores to your Business Concept only to work out your final score.
In case you meet with the requirements for the selection pool, you will get an email authentication from the BC PNP. You will be in a position to view your final registration total, and this comprises scores for every segment.
Invitation to Apply (ITA)
Fulfilling the bare minimum eligibility conditions does not,in any manner, assure that a person will be sent an invite to present a complete petition.
In case a candidate has gained entry into the pool of selection, his final registration total will be given a rank together with other registrants. Occasionally, the BC PNP will send an invite to the highest-placed registrants to present an application to the Entrepreneur Scheme. In case a candidate is sent an invite to apply, he will get an email notice and will have a maximum of four months from the date of invitation to put forward a complete petition.
At the given stage, it is compulsory that the candidate gives a $3,500 CAD processing charge to the province. His other half&dependent kids are included in the application charge.
In case requested, he will have to be present at an in-person interview at the Vancouver based BC PNP bureau. Interviews are carried-out in just either French or English.
In case approval is given to a petition, a Letter of Confirmation will be issued by the BC PNP. The same serves as a work permit support letter with a view to submit an application for a two-year work visa to the CIC. The same will allow the aspirant together with his family to shift to the province and execute the business plan. Candidates who are sent an invite to apply will require appointing a qualified supplier to authenticate their personal net worth &accumulation funds as component of the nomination procedure.
Fill out our absolutely free of charge assessment form.
Courtesy more than 1 million of population, different backgrounds, besides abundance of skills, Manitoba can be a pleasant immigration hotspot for you and your family. Whether you wish to launch a firm, buy a farm, or get fruitfully associated with a skilled job, the province perfectly serves your object.
The Manitoba Provincial Nominee Program for Business (PNP-B) fuels the overall immigration process by offering a Manitoba provincial Nomination Certificate to the potential businessmen, making the whole processing quicker. The Manitoba Provincial Nominee Program (MPNP) nominates aspirants eager to reside in the province to the federal administration for Canadian Permanent Resident (PR) position.
We at Abhinav immigration fully understand the benefits brought in by the business immigrants to a province like Manitoba, in the process, improving the economy & its demographic growth further. Interested candidates for the Manitoba Provincial Nominee Program for Business (PNP-B) can get pleasure from the benefits, thanks to our broad network for newcomers.
Canadian administration along with Manitoba shares the responsibility of business migration to the province, via the MPNP. The Manitoba PNP-B permits a candidate to be duly nominated and get fruitfully involved with a Manitoba company. It is crucial for the business individuals to satisfy the conditions, and have the intentions to shift to the province for the institution of the business or have alliance in a present business enterprise.
With Abhinav`s Manitoba Business (PNP-B) experts by your side, the investors & businesspersons can rest assured that they will be greeted with trouble-free submission procedure for their preferred Canadian immigration scheme. Other choices can be the British Columbia Provincial Nominee program for Businessmen and Investors, and the Saskatchewan Immigrant Nominee Program. These programs again have their own specific advantages. We can help those who could be confused and wonder which province to opt for, and proffer the needed guidance.
Submission will strictly not be entertained from those who:
To be accepted for the MPNP-B, interested aspirants should:
The aspirants should be ready to:
The candidates may have to:
Carry-out an exploratory visit to the province. It is essential that the aspirant offers a visit report and other papers to prove the research conducted during this visit; and offer the results of a language competency test to show his language skills.
Note: Fulfilling the basic eligibility conditions does not assure nomination.
Business Ownership or Senior Management Experience
You should possess not less than three years of permanent work experience in the last 5 years either as a business owner or in a higher-ranking management role of a successful business. Your job title, place of job, responsibilities, and business abilities should be duly explained rather clearly in the CV and also in the Manitoba Provincial Nominee Program for Business (MPNP-B) Application Form. The submission will be examined in the backdrop of your business ownership & management skills, or your senior management skills, or a combination of both.
Business Owner: As an entrepreneur, it is vital that you are engaged vigorously, and on an on-going basis, in offering goods or services to clients. Also, in your capacity as an entrepreneur, you ought to bear the risk of return for the capital investment in your business venture.
Senior Management Experience
You have engaged a position or rank in the highest level of the management organization of a major business. In the said position, you were accountable for the strategic policy development influencing a key section, or a wide range of functions of that business, and have done so for not less than three out of the previous five years, before filing the petition.
In case your petition is based on Senior Management experience, you should show that you have had a role with considerable decision-making responsibilities involving not less than two of the following features of business:
Apart from the above, it is vital that you also prove that your level of income is proportionate to the prevailing income level of senior managers of other major businesses in your nation. You should clearly make obvious this level of income, via documentation.
It is employed to appraise your potential (or otherwise) to successfully stay in Manitoba and become economically established by launching a firm. With a view to be nominated, you should get not less than 60 (out of a maximum 100) points on the matrix.
1. Factor - Age (Max 15 points)
|21 to 24||05|
|25 to 29||10|
|30 to 44||15|
|45 to 49||10|
|50 to 54||05|
2. Factor - Business Knowledge (Max 15 points)
|Business Owner and manager (more than 50% ownership)||15|
|Business Owner and manager ( 20% to 50% ownership)||12|
|Business Owner (Less than 20% ownership) and Senior Manager in the same business||10|
You must have at least three years’ ownership experience to be assessed for points as a business owner.
If you own multiple businesses, only the percentage of ownership of the main/principal business will be considered for the purpose of this criterion.
If your spouse owns shares in the same business, the combined ownership will be counted together for the purpose of this criterion.
3. Factor - Business Experience (Max 15 points)
|Length of Experience||POINTS|
|10 Years or more||15|
|6 to 10 Years||10|
|3 to 5 Years||05|
4. Factor - Net Worth (Max 15 points)
|Total Net Worth||POINTS|
|$350,000 to $500,000||08|
|$500,000 to $1 Million||10|
|Above $1Million to $1.5 Million||12|
|Above $1.5 Million to $2 Million||13|
|Above $2 Million to $2.5 Million||14|
|Above $2.5 Million||15|
5. Factor- English and/or French Fluency (Max 20 points)
|Description||CLB/NCLC or equivalent test score||Points|
|No/little English/French language proficiency (e.g., you have no or minimal English/French language skills)||Less than 4||0|
|Moderate language proficiency or you have some English/French skills and can communicate well in most everyday situations||4 to 5||15|
|Higher language proficiency or you communicate very well, are fluent in English/French||Above 6||20|
Factor - Enhanced Settlement Factors (Applicant can only score a maximum of 20 points under Enhanced Settlement Factors).
|You have visited Manitoba for at least five working days and conducted relevant business and lifestyle-related research||15|
|You have a close relative currently residing in Manitoba for more than one year||5|
|Your child is enrolled in an accredited Manitoba educational institution at least six months prior to the date of submission of nomination application and is actively pursuing academic, professional or vocational training on a full-time basis.||5|
|Your spouse has a high language proficiency (CLB score of 5 or above)||10|
|Previous Study and/or work experience in Manitoba: You or your accompanying spouse or common-law partner has completed a program of full-time study of at least one year at a postsecondary institution in Manitoba. You or your accompanying spouse or common-law partner must have done this after you turned 17years old and with a valid study permit. or The applicant or his/her accompanying spouse or common-law partner has completed at least six months of continuous full time employment in Manitoba. Applicants must provide a letter of reference from his/her employer and a copy of his/her work permit.||5|
The Exploratory Visit should be conducted no more than six months before the submission of an EOI.
A close relative should be aCanadian citizen or permanent resident and staying in the province for more than one year. A close relative is defined as a sister/brother, aunt/uncle, niece/nephew, grandparent or first cousin. Evidence of relationship should be given. In case your relative has resided in Manitoba for over 1 year offer proof that he is well established in the province (evidence of employment, evidence of residence, and Canada Revenue Agency Notice of Assessment.)
You should offer documents supporting the enrollment of your kids in an accredited Manitoba educational organization.
You can achieve a combined maximum of 20 points for this condition.
Important MPNP-B Information & Policies Expression of Interest (EOI)
How to Present an EOI
An EOI should be submitted, via the MPNP On-line arrangement even while no alternative methods to submit your EOI exist. When you complete the EOI questions, it is essential that you take time and guarantee that you really understand the questions. In case you are not pretty sure about the meaning of the questions, employ the help icons or visit our website for additional information.
You will require an active e-mail address to generate your EOI account. You should generate a username and password so that you can access the on-line EOI arrangement. During the first phase of transition, the MPNP-B will only accept EOI submissions from the candidates who have earlier submitted an Exploratory Visit Application (EVA) prior to August 2 2013. Afterward, EOI submissions will be open to all keen applicants.
Post you submit an EOI to the MPNP-B
From time to time, the MPNP-B will choose the highest scoring aspirants from the EOI pool only to issue them a Letter of Advice to Apply. A summary report of such selection will be occasionally published. The same will give you a hint of your potential for getting an advice to apply in the future. You could make every effort to further boost your points, such as conducting an Exploratory Visit to Manitoba, or enhancing your language skills, via language training.
You should be prepared to furnish supporting papers for the claims you make in your EOI submission. An advice to submit a Nomination Application could be given soon after you present your EOI even as you will be have 60 days to submit a conclude Nomination Application.
In case you fail to present a nomination submission, post gaining two notices of advice to file a petition, your EOI will be removed database, and will not be considered for future selection purposes. Your EOI will be considered for selection for a period of one year from the date of your submission subject to the above stated terms & conditions, post which the same will also be removed from the Program database.
What exactly is an Exploratory Visit?
If you are planning to migrate to Manitoba, via the MPNP-B, you could decide to boost your knowledge of and links to the province by making an Exploratory Visit to explore business & lifestyle breaks.
Despite the fact that the Exploratory Visit is a non-compulsory initiative for a candidate, it is highly suggested even as it ought to be concluded prior to presenting an EOI or filing a petition for the MPNP-B. You are advised to conduct an Exploratory Visit to Manitoba. The MPNP-B allocates an extra 15 points through the “Enhanced Settlement Factors” section of the Adaptability Assessment Matrix for the Exploratory Visits of suck kinds.
It is vital that the Exploratory Visit is carried-out no more than six months before the presentation of an EOI. You can perform an Exploratory Visit post the submission of the EOI and update your EOI with this information to augment your point tally.
You are advised to make a trip to Manitoba for at least five business days (this does not include the arrival and the departure days), to carry-out broad business and lifestyle-associated research. Even though an Exploratory Visit to Manitoba should be for not less than five business days, longer visits are also suggested since they give the aspirant a superior opportunity to discover the region.
An Exploratory Visit gives you time to examine business opportunities to be had, as well as the lifestyle in the province. It is estimated that you will carry-out research activities like, but not restricted to:
While you are on an Exploratory Visit, it is important that you dedicate a noteworthy portion of time to carrying-out business-associated research and meeting many stakeholders and business advisors. You are expected to offer the particulars of your business & lifestyle research, via an Exploratory Visit Report which forms part of a Nomination Application.
How to request and get sanction for Exploratory Visit
You do not have to send any request to the MPNP-B or need any endorsement from the MPNP-B to carry-out the visit. The MPNP-B will not give a letter of advice to support an Exploratory Visit to Manitoba. It is your job to guarantee that you possess the needed travel documents (like a Visitor’s Permit) needed for travel to the province. The MPNPB does not offer letters of support for you to get a Visitor’s Permit and cannot intervene in cases in which a possible aspirant is refused a Temporary Resident Permit.
Presenting Exploratory Visit Report with Nomination Application
In case you have carried-out an Exploratory Visit to the region, you have to present a report of the visit with the Nomination Application. Despite the fact that there is no given format for this report, it is vital that you explain all the activities you have undertaken all through this visit.
It is important that the report covers the whole period of stay in the country beginning from the first day of admission to the day of leaving Canada, and also including the time spent in new provinces, in case any.
You ought to include pictures, airline tickets, boarding passes, hotel receipts, business cards, in addition to every other relevant particular to illustrate the activities undertaken for the duration of the visit. Avoid attaching brochures, flyers, and maps or information booklets gathered during the Exploratory Visit with the report.
Eligible Business Investments
Business Investments will not be entitled in case they do not fulfill he MPNP-B's requirements for investment & business activities.
1. The Investment of your personal assets ought to be not less than CDN$150,000 in tangible assets (items such as land, buildings, automobiles, furniture, office paraphernalia, computers, fixtures & fittings, machinery, and inventory, etc) in Manitoba, unless the Investment includes a section of working capital that is in agreement with the industry's capital investment structure defined by the data from Industry Canada, and the total investment including working capital is not less than CDN$150,000.
In case an Investment is into an existing business, the Nominee should manage not less than 33.33% of the equity, or make a minimum CDN$1 million equity investment in the business. Apart from this, it is essential that a redemption option is included in terms of investment.
Investment made into personal items, like the principal residence & means of transportations for personal utilization will not be counted as part of a business investment.
Investments made into a business operated mainly for the objects of deriving passive investment income are not entitled.
The MPNP-B charges a CDN $2,500, non-refundable petition processing fee. The aspirant does not have to pay any fee to present an Expression of Interest (EOI). In case nominated, a candidate is accountable for all Citizenship and Immigration Canada (CIC) processing fees and Right of Permanent Residence charges. Aspirants and family members are also accountable to pay for medical examinations & police clearances. You are advised to refer to the Citizenship and Immigration Canada website regarding the fee details and payment procedure. //www.cic.gc.ca/english/information/fees/fees.asp, //www.gov.mb.ca/ctt/invest/pnp-b/pdf/app_kit.pdf
Fill out our absolutely free of charge assessment form.
The Saskatchewan Immigrant Nominee Program (SINP) is basically state centric plan managed in perfect coordination with the federal agency, the Citizenship and Immigration Canada (CIC). The SINP provides an alternate & faster means of admission into the nation. The same enables the province to offer nomination to the aspirants, who make the grade, through the conditions set-up by the province, to the federal administration for Permanent Residency (PR).
The SINP provides:
With the entrepreneur classification, the provincial officials intend to infuse the province’s economy mainly with business skills and experience along with the necessary funds, for granting permanent residence (PR) recommendation to the qualified migrants. The deciding issues on this class of endorsement comprise the activities and establishments that may bring economic benefits to the province’s economy.
Saskatchewan Business Immigrant Nominee Program (SINP): Main Characteristics
Saskatchewan Business Immigrant Nominee Program (SINP) Qualification Parameters
Pre -nomination stage
Among others, you ought to possess:
Saskatchewan Business Immigrant Nominee Program (SINP) Qualification parameters – Post - nomination stage
Post after you are short-listed for sponsorship, you should:
Immigration process through SINP is completed in two phases
Saskatchewan Business Immigrant Nominee Program (SINP) - Pre application
It is important for you to prove your financial profile. In order to validate your claims of possession & rightful sources of accumulation, the Ministry of Advanced Employment Education and Immigration has chosen independent evaluation bureaus. With a view to file for nomination, you should initially get a positive advice from one of these bureaus. You would require filing your request, through the form EF-002.
Saskatchewan Business Immigrant Nominee Program (SINP) – Application
When you have made up your mind to submit for nomination, you require filling-up the requisite petition forms in 2 sets and annex every needed document before forwarding them to the Nomination program officials.
The 2 sets include:
Once the petition, complete in all aspects, is accepted, you will be supplied with receipt number, and will be advised to deposit CAD 2500 (non-refundable) as the processing charges. Post the corroboration of receipt of processing charges, evaluation of your submission will be started. Your candidature should cater to the basic pre-nomination factors (mentioned above).
An invite may be sent to you for an interview during the appraisal phase to make it possible for the officials to take a final decision. It is essential that you undertake a tour to province to attend interview within the precise time, if and when you get such an order from officials.
During the assessment procedure, the authorities can ask for more documentary proofs, in case they feel that evidence supplied is not enough or a requirement is felt to include more documentary proofs in assessment of petition. It is compulsory to furnish the demanded papers/certificates inside 45 days of the receipt of such orders.
Post the initial approval is given to you, you will be asked to produce Good faith deposit of CAD 75,000 and approve a business performance deal that mainly is tailored keeping your specific situations in mind.
Once the final stipulation of agreement and deposits have been fulfilled province goes ahead with:
Post the provincial officers have indicated CIC on your nomination and also supplied you with a letter, it is important that you approach the immigration body to file for federal PR Permit. You & your family (included in the submission) should however fulfill the necessary federal parameters and standards of health and character to be considered favorably for the grant of PR Permit.
Canada Prince Edward Island Business Provincial Program
PEI Business Impact Class
The beautiful Canadian Province of Prince Edward Island (PEI) rolls-out red-carpet welcome to the newcomers, eager to grip the opportunities duly provided by staying in the nation’s smallest province. As the country’s birthplace, the province has a reasonably long and great history of receiving the visitors.
The PEI is rather eager to build-up an improved, better future for everybody. This covers those currently residing in the province, and the new aliens. The latter covers an important section of both the existing and the probable future development of the province. The Island Prosperity Strategy of Prince Edward Island clearly states the overall plan and procedure that the PEI aims to take, to fuel its economy.
Business Impact immigration to the PEI provides wonderful breaks for the future immigrants to get nomination from the province even as they gain the cherished Permanent Residence (PR) position of Canada, in case they make an investment, and enthusiastically run & administer a business in the region. The PEI Business Impact Category run under the Canada Prince Edward Island Business Provincial Program is basically interested in those business persons, and higher-ranking managers, who may display an idea, leadership abilities, besides determination.
Prince Edward Island Business Impact Class Categories
The category has three segments and the interested applicants have a freedom to select any one from the below given options:
Craving for gaining entry into the Canadian shores on the basis of business or skills is never going to end for this country offers an unprecedented abundance of opportunities for both the segments. Canada has been in the news, since January 2015, after the announcement of brand new migration initiative called ‘Express Entry’; and it has been immensely successful in attracting people through both the federal and provincial migration schemes.
The grand success of the Express Entry can be attributed to equal participation of both the federal and provincial governments in the program. Almost all the states of Canada have joined hands with the federal government and CIC; and have launched full-fledged programs to facilitate inwards migration. Every month one of more states are launching their individual schemes to allow entry of immigrants. One such program New Business Immigration Streams of Ontario has been launched by the state of Ontario.
The Two New Ontario Business Immigration Streams that the government of this province has announced include corporate class and the Entrepreneur class. Both of these classifications would work as an integral part of the OOPNP - Opportunities Ontario Provincial Nominee Program; and would enable the government to invite immigrants selected as a part of provincial nomination program.
Both of the Streams of Ontario Business Immigration would be targeting immigrants with varying backgrounds and would be carrying distinct sets of rules and requirements. But, one thing is for sure, the programs intend to perpetuate the intentions of the government of the state to create an environment that offers opportunities to the new entrants fit enough to fit into the scheme of things pretty well; and also boosts the economic scenario that has scope for both jobs and business and trade.
Ontario Business Immigration Entrepreneur Stream would render all possible assistance to the immigrants in establishing a new business venture or procuring an existing set-up in the state. The people intending to move in on the basis of this scheme would probably need to evidence practicality of the business proposals that the commercial activities being setup by them would prove to be of an immense benefit for the economy of the state.
An endorsement from the state government would allow the applicants to obtain a provisional residence permit of the country. The provisional entry permit would enable the alien business owners to establish their businesses in the state upon achievement of which the applicants would be granted endorsement for the permanent residency of Canada by the state authorities.
The authorities of the state have although not yet declared the eligibility criteria of OINP, initial impressions about the qualification parameters suggest that the immigrants would be required to adhere to the following parameters:
Ontario Business Immigration Corporate Stream has been designed to assist foreign MNCs seeking opportunities of setting their foot on the Canadian soil by way of either expanding their direct operations or by acquiring already operational concerns. The businesses established afresh or acquired would have to generate full time employment for minimum of five Canadian nationals or permanent residents.
The investment parameters of Two New Ontario Business Immigration Streams mandate an infusion of a minimum of CAD $500,000 into a venture.
For More Detail //www.ontarioimmigration.ca/en/pnp/OI_PNPINVESTOR_QUALIFY.html
|Criteria & Process||Old Investor Component (CLOSED – Applications will no longer be accepted on or after October 29, 2015 )||NEW Corporate Stream (Accepting applications fall 2015)||NEW Entrepreneur Stream (Accepting applications fall 2015)|
|Section 1: Eligibility Criteria|
|Profile of Potential Applicant||
Foreign corporations/individual investors
Established foreign corporations
Not applicable to corporations
Not required for individual investors
Not applicable to corporations
$800,000 to $1.5 million depending on location and sector of the business
|Previous business experience||
Not required for corporations or individual investors
|Established corporation must have a track record of at least 3 years||3 years of business owner or senior management experience in the last 5 years|
Up to 25 key staff
|Up to 5 key staff||
Up to 2 nominees – (Entrepreneur plus 1 business partner*)
Not required for key staff
|Canadian Language Benchmark 5 at time of nomination**||
Canadian Language Benchmark 5 at time of nomination**
|Previous work experience||
Key staff must have two years of relevant work experience in the last five years
|Key staff must have 3 years of work experience in the intended occupation with the corporation within the last 5 years||
3 years of business owner or senior management experience in the last 5 years
|Nominee Occupational Categories||NOC A, B or 0||
NOC A or 0 (Labour Market Impact Assessment required for NOC A occupations)
|See previous work experience requirements|
|Familial or financial relationship||Not applicable||No familial or financial relationship between key staff and corporation||Not applicable|
|Other nominee criteria||
For corporate applicants, key staff:
Individual investors must be involved in the active and ongoing management of the business.
|Must be involved in the active and ongoing management of the business|
|Section 2: Investment Commitments|
|Minimum Investment||$3 million||
$500k to $1 million depending on location and sector of the business andcontrol at least 33.3% of the equity in the business
5 net new jobs for Canadian citizens/permanent residents for first nominee position; 1 net new job for a Canadian citizen/permanent resident per additional nominee position
5 net new jobs for Canadian citizens/permanent residents per key staff
2 net new jobs for Canadian citizens/permanent residents
|Section 3: Application Assessment|
Evaluated for endorsement by assessing ministry
|Viability of business plan assessed by OINP||Viability of business plan assessed by OINP|
Third-Party Verification of business plan viability, source of funds and net worth
|May be conducted if required by OINP||
May be conducted if required by OINP
Mandatory with corporation Chief Executive Officer and key staff seeking nomination
|Mandatory with Entrepreneur and business partner (if applicable)|
Required - Outlines investment and job creation commitments to be met within two years
Required - Outlines investment and job creation commitments to be met within two years
|Section 4: Nomination Process|
Approved key staff are nominated for permanent residence
Two-step nomination process (temporary to permanent residence):
Step 1: Key staff of corporations are provided temporary work permit support letters to apply for work permits to establish the business in OntarioStep 2: Key staff of corporations are nominated for permanent residence once investment and job creation commitments outlined in the performance agreement are met within two years
Two-step nomination process (temporary to permanent residence):
Step 1: Entrepreneur and additional business partner (if applicable) are provided temporary work permit support letters to apply for work permits to establish the business in OntarioStep 2: Entrepreneur and additional business partner (if applicable) are nominated for permanent residence once investment and job creation commitments outlined in the performance agreement are met within two years
|Section 5: Other|
Fill out our absolutely free of charge assessment form.