[metaslider id=1672]

Home » Immigration Categories » Business Immigration » Provincial Nominee Program – Business Immigration

Provincial Nominee Program – Business Immigration

Provincial Nominee Program - Business ImmigrationCertain Canadian provinces have their own Business Immigration programs within their Provincial Nomination Programs (PNP) for the purpose of nominating applicants for Permanent Residency.

 

Canada and its Provinces have entered into agreements that allow a person to be nominated by the Provincial Government and to be issued an Immigrant Visa without having to meet the pass mark that is required for skilled worker and business immigrants.

 

As a result, individual Provinces are responsible for issuing nomination certificates. If you are successful in convincing a Province that you have a skill or business which is in high demand for that particular Province, the Province will issue you a certificate, provided that you meet all other statutory and admissibility requirements of Citizenship and Immigration Canada and that you can become economically established. You will then be issued an Immigrant Visa for entry into Canada.

If you are interested in living in one of these provinces, you may want to make your business investment there.

Use the table below to compare the programs and learn which is best suited to your circumstances.

Province

Minimum personal net worth

Minimum investment required

Business management experience required?

Business plan required?

Government deposit required?

Performance agreement required?

Exploratory visit required?

Additional selection criteria?

Manitoba
ON HOLD

$350,000

$150,000 and ownership of at least 1/3 of an eligible business

Yes: Previous business ownership or a minimum of 3 years of senior management experience

Yes

$100,000 refundable deposit

Participate in day-to-day management of business

No, but recommended

Yes

Saskatchewan
ON HOLD

$300,000

$150,000 and ownership of at least 1/3 of an eligible business

Yes: minimum of 3 years of business management experience

Yes

$75,000 refundable deposit

Participate in day-to-day management of business & create new jobs for Canadians or permanent residents

No, but recommended

Yes

British Columbia (including
Vancouver & Abbotsford)

$800,000

$400,000 and ownership of at least 1/3 of an eligible business

Yes

Yes

Optional Fast Track Option: $125,000 refundable deposit -
ON HOLD

Yes, in order to obtain a work permit
create at least 3 new jobs for Canadians or permanent residents

Strongly recommended

Yes

British Columbia (outside of Vancouver & Abbotsford)

$400,000

$200,000 and ownership of at least 1/3 of an eligible business

Yes

Yes

Optional Fast Track Option: $125,000 refundable deposit
- ON HOLD

Yes, in order to obtain a work permit
create at least 1 new job for a Canadian or permanent resident

Strongly recommended

Yes

New Brunswick
ON HOLD

$300,000

$125,000

Yes: previous business ownership or senior management experience

Yes

$75,000 refundable deposit

Participate in day-to-day management of business

Yes, for a minimum of 5 days

Yes – basic proficiency in one of Canada’s official languages

Quebec

$300,000

$100,000 – representing at least 25% of capital equity

Yes: minimum of 2 years of business management experience in the last 5 years

Yes

No

Participate in day-to-day management of business

Strongly recommended

Yes

Prince Edward Island
100% Ownership

$600,000

$150,000

Yes

Yes

$150,000

Participate in day-to-day management of business

Yes

Yes

Prince Edward Island
Partial Ownership

$600,000

$150,000 and ownership of at least 1/3 of a business OR make an investment of $1,000,000

Yes

Yes

$150,000

Participate in day-to-day management of business

Yes

Yes

Ontario

-

$3,000,000 and ownership of at least 1/3 of a business OR make an investment of $1,000,000

Yes

Yes

No

Participate in day-to-day management of business & create at least 5 new jobs for Canadians or permanent residents

No

Yes

Northwest Territories

$500,000 (if buying a business in the city of Yellowknife)

$300,000 in a business in the city of Yellowknife

Yes

Yes

$75,000 refundable deposit

Yes, in order to obtain a work permit

Yes

Yes

Yukon

$250,000 (including $150,000 in liquid assets)

$150,000 and ownership of at least 1/3 of a business

Yes: minimum of 5 years of business management experience

Yes

$75,000 refundable deposit

Yes, in order to obtain a work permit

Yes

Yes – basic proficiency in one of Canada’s official languages

**additional deposit of $10,000 if language results are below Canadian Language Benchmark 5

Our goal is to provide each client with a successful outcome by determining the most appropriate solution. If you would like to know whether you could be eligible to immigrate to Canada, we invite you to complete our online assessment questionnaire.

If you are interested in seeking professional assistance to guide you through the immigration process or if you have any questions, please contact us.

Interested in knowing more about Business Immigration?

Looking for more information about the Provincial Nominee Progam (PNP)?

INVEST IN CANADA.  Canada’s Winning Formula.

As reported last month, apple is releasing a siri sdk as well, to allow developers more about the author to integrate their third-party apps into siri