Immigration Through Investment
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A typical immigration procedure, based on the actual experience of numerous immigrants, is described below. Take the time to read it carefully and learn about the steps you can take to make your immigration a success.
If you have not yet decided to immigrate to Québec, you will find a wealth of information to help you make an informed decision.
If you have already made up your mind, take advantage of this opportunity to save both time and energy. You will find plenty of tips to make your immigration and integration easier, but also to assist you in investing in Quebec or establishing or buying a business there.
Here is an overview of the steps you will have to take to achieve your immigration and business goals. You can carry them out in any order you see fit.
- Finding out about Québec and the business environment
- Applying as a business immigrant
- Making an exploratory trip to Québec
- Developing your business project
- Preparing for your life in Québec
- Going into business or acquiring a business
- Getting settled and facilitating your family's integration
Discover Québec and its diversified, modern and dynamic economy. It will be useful for you to know about its most promising sectors, competitive operating costs, corporate taxation system, quality labour force and open and stimulating business environment. Québec offers you a wealth of potential! Find out more.
You’re planning to immigrate to Québec and want to file an official application form. Please note that no priority or special consideration is given to the file of an applicant who uses the services of an immigration intermediary. To directly submit your application for the immigration program of your choice, find out about the appropriate procedure.
The experience of many business immigrants has shown that it is a preferable to devote one or two years to carefully preparing your immigration plan. This is the ideal time to make one or more exploratory trips to Québec.
A number of resources are available to help you develop, evaluate and put down on paper your business project. Don’t hesitate to use them. Preparing a business project is among the conditions for your business to succeed in Québec.
Take advantage of the time it will take to receive your permanent resident visa to prepare yourself. This will make you and your family’s integration that much easier.
You will have to complete a number of formalities to establish your business in Québec. Do not hesitate to use the assistance available to guide you in your business endeavour in Québec.
If you’re looking for a business opportunity, there are a variety of sources that can provide information on attractive options.
Find out about the first steps you should take as soon as you arrive and the services offered by the government and its partner organizations to facilitate your integration and that of your family.
Following the entry into effect of the Regulation respecting quotas of brokers and trust companies (PDF, 42 Kb) on July 15, 2015, financial intermediaries must have been allocated a number of agreements (quota) in order to sign an investment agreement with a foreign national who is submitting an application for a selection certificate.
- Have, alone or with his accompanying spouse, including de facto spouse, net assets of at least $1,600,000 CAN obtained legally, excluding the amounts received by donation less than six months before the date on which the application was filed;
- Have experience in management in a legal farming, commercial or industrial business, or in a legal professional business where the staff, excluding the investor, occupies at least the equivalent of two full-time jobs, or for an international agency or a government or one of its departments or agencies;
- We define management experience as the exercise, for at least two years in the five years preceding the application for a selection certificate, of duties related to the planning, management and control of financial resources and of human or material resources under your authority; the experience does not include experience acquired in the context of an apprenticeship, training or specialization process attested to by a diploma.
- Intend to settle in Québec and sign an agreement to invest $800,000 CAN with a financial intermediary (broker or trust company) authorized to participate in the Investor Program.
- The investment agreement is one of the documents to be submitted with the Application for a Certificat de selection du Québec.
- The investment of $800,000 CAN for a five year term is guaranteed by the Gouvernement du Québec.
- Brokers and trust companies offer the possibility of financing the investment.
- Revenues generated by the applicant’s investment will be used to finance two Québec < a href="http://www.emploiquebec.gouv.qc.ca/en/citizens/starting-a-new-job/employment-integration-programs/employment-integration-program-for-immigrants-and-visible-minorities-priime/">business assistance programs, Business Assistance—Immigrant Investor Program and Employment Integration Program for Immigrants and Visible Minorities.
- At the end of the five year term, the broker or trust company will, within 30 days, reimburse the applicant $800,000 CAN without interest. However, the amount may vary if the applicant secured financing for the investment.
The assessment of your application will also take into account other factors such as your age, the nature and duration of your professional training and your language skills.
USEFUL INFORMATION
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On June 19, 2014, applications still in the backlog of the federal Immigrant Investor Program and Entrepreneur Program were terminated. Find out how you may be affected.
The Quebec Investor Program and the Quebec Entrepreneur Program are not affected.
The Immigrant Investor Program (IIP) aims to have experienced business people contribute to Canada’s growth and long-term prosperity by investing in Canada’s economy. Investors must:
- show that they have business experience
- have a net worth of at least C$1,600,000 that was gained legally and
- invest C$800,000.
Citizenship and Immigration Canada (CIC) will divide your investment between participating provinces and territories. They will use it for projects to develop their economies and create jobs for five years.
Your investment is guaranteed. CIC will return it, without interest, about five years and three months after payment.
If IRCC approves your application, you must make your investment before IRCC issues a permanent resident visa. You must usually do this within 30 days. The visa office will send you a letter that explains what to do. Learn more about making your investment
Check processing times
Find out how long it will take CIC to process your application.
After you apply: Next steps
Learn what you should do after you apply to come to Canada.
Prepare for arrival
Be prepared and know what to expect when you arrive in Canada
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Canada's Start-up Visa Program targets immigrant entrepreneurs with the skills and potential to build businesses in Canada that:
- are innovative
- can create jobs for Canadians
- can compete on a global scale
Do you have an innovative business idea? If you can get support for your idea from one of the designated organizations, you may be able to immigrate to Canada.
There are many reasons why Canada is the best place to build your business. Canada's advantages include:
- a strong economy
- low taxes
- low business costs
- excellence in research and innovation
- a high quality of life
Find out if you’re eligible – Start-up Visa Program
To be eligible for the Start-up Visa Program, you must:
Before you can apply for the Start-up Visa Program, you must have the support of a designated organization. These are business groups that have been approved to invest in or support possible start-ups.
If a designated organization decides to support your business, it will give you a Letter of Support.
You must include the Letter of Support with your application. If you do not include the letter or do not meet any of the requirements below, IRCC will refuse your application.
Up to five people can apply for the Start-up Visa Program as owners of a single business. However, to meet the ownership requirements:
- each applicant must hold at least 10 percent of the voting rights in the business and
- the designated organization and the applicants must jointly hold more than 50 per cent of the voting rights in the business.
Note: Voting rights are the right of a business owner to vote within a company. The right to vote is attached to each share of a business that is outstanding at a given time.
The ability to communicate and work in English, French, or both will help your business succeed in Canada.
You must take a language test from an approved agency and include the results with your application, or IRCC will not process it.
You must 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
If you do not meet the minimum language skills, IRCC will refuse your application.
The Government of Canada does not give financial support to new Start-up Visa immigrants.
You must show that you have enough money to support yourself and your dependants after you arrive in Canada. You cannot borrow this money from another person. You will need to give proof that you have the money when you apply.
The amount you will need depends on the size of your family. IRCC updates these amounts every year.
Number of Family Members Funds Required (in Canadian dollars) 1 $12,300 2 $15,312 3 $18,825 4 $22,856 5 $25,923 6 $29,236 7 $32,550 For each additional family member $3,314
If you are bringing more than CAN $10,000 across the Canadian border, you must tell a Canadian official when you arrive. If you do not, you may be fined, and your funds could be seized. These funds could be in the form of:
- cash
- securities that belong to you (for example, stocks, bonds, debentures, treasury bills) or
- bankers' drafts, cheques, travellers' cheques or money order
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PROVINCIAL ENTREPRENEUR PROGRAM
If you want to immigrate to B.C. and are ready to invest in and actively manage a valid business here, you may qualify for our Entrepreneur Immigration stream. Here is an overview of the requirements.
Personal requirements
To qualify, you must:
- have a personal net worth of at least CAD$600,000
- demonstrate business and/or management experience
- have, or be eligible for, legal immigration status in Canada
You must also have been lawfully admitted in the country where you currently reside.
Business, job and investment requirements
To qualify you must:
- establish an eligible new business or purchase and improve an existing business
- make an eligible personal investment of at least CAD$200,000 in the business
- create at least one new full-time job for a Canadian citizen or permanent resident in the business
Registration and application fees
All applicants must pay the following fees:
- $300 registration fee
- $3,500 application fee
- $1,000 for each key staff application
How does it work?
If you are eligible, you will receive a score based on your registration information. We will also put you into a qualified pool. Periodically, we invite people with the highest scores to apply through BCPNP Online.
Manitoba Entrepreneur Program
The Manitoba Provincial Nominee Program (MPNP) is a provincial immigration program made possible through the Canada-Manitoba Immigration Agreement. It allows the Government of Manitoba to recruit and nominate immigrants who are best suited to contribute to Manitoba’s economy. Applicants nominated by Manitoba should receive favorable and prompt consideration from Immigration, Refugees and Citizenship Canada (IRCC) as long as they comply with IRCC’s statutory requirements, submit bona fide documents, and have a genuine intention to reside in Manitoba. There are two immigration streams under the MPNP. One is for skilled workers and the other is for business investors.
The MPNP-B will only nominate individuals who intend to reside in Manitoba with their dependent family members, make an investment into a new or existing business and assume an active managerial role in that business. Individuals who do not meet all program requirements are encouraged to explore other provincial and federal immigration programs.
MPNP-B officers assess applications based on eligibility requirements and selection factors. Applicants must meet the eligibility requirements. However, applicants should also be aware that meeting the minimum eligibility requirements does not guarantee nomination. Priority is given to the applicants who have the greatest potential to become economically established in Manitoba. Applicants are strongly encouraged to review the entirety of this application kit. Do not submit this application kit unless you have been invited to apply either through the Expression of Interest (EOI) process or directly by the MPNP-B. Applications received by individuals who have not been invited to apply will be returned unprocessed.
A decision to nominate does not guarantee the issuance of a Permanent Resident (PR) Visa. IRCC retains the final authority in the issuance of all visas. IRCC will review the file, conduct security and health checks, and may request an interview. Moreover, your nomination may be withdrawn by the MPNP-B at any time prior to the issuance of a PR Visa.
Reasons for the withdrawal of a Nomination Certificate include, but are not limited to:
- The MPNP-B is no longer satisfied that you meet the requirements under which you were nominated.
- A material fact related to your application was misrepresented or withheld.
- The MPNP-B is no longer satisfied that you intend to reside in Manitoba.
Nominated applicants will be required to submit a good-faith deposit in the amount of CDN $100,000. This deposit is refundable to applicants, without interest, once they have met the terms and conditions of their Deposit Agreement. Prior to landing as a PR, an applicant who withdraws his/her application will be refunded his/her deposit.
MPNP-B Eligibility
To qualify for the MPNP-B, interested applicants must:
- have a minimum verifiable personal net worth of CDN$350,000;
- have a minimum three years of successful business ownership and management experience or a minimum three years of executive-level experience as senior manager of a business; and
- score a minimum of 60 points in the Adaptability Assessment Matrix.
The applicant must also be prepared to:
- attend an interview with a MPNP-B officer;
- make an Eligible Business Investment in Manitoba; and
- reside in Manitoba along with his/her dependent family members.
- conduct an Exploratory Visit to Manitoba. The applicant must provide a visit report and other documents to demonstrate the research conducted during this visit; and
- provide the results of a language competency test to demonstrate language proficiency. Note: Meeting the basic eligibility requirements does not guarantee nomination.
Please note: that if your intention is to establish a primary production farming operation, you are not eligible to apply through this regular business stream of the Provincial Nominee Program for Business (PNP-B). You must apply through the Farm Strategic Recruitment Initiative (FSRI) which is a special initiative of the PNP-B for farm business applicants.
Ineligible applications
Applications will not be accepted from individuals who:
- have an unresolved refugee claim in Canada;
- are in Canada illegally;
- are subject to a removal order in Canada;
- are prohibited from entering Canada;
- have an application pending with another Provincial Nominee Program in Canada;
- had a prior MPNP-B application refused within the last 12 months; or
- had a prior MPNP-B application refused for misrepresentation or false documentation within the last 24 months.
- if your intention is to establish a primary production farming operation.
Applicants residing in Manitoba while their application is being processed are responsible for maintaining their legal status in Canada as defined by the Immigration and Refugee Protection Act (IRPA). An applicant is only permitted to have one MPNP application in process at one time, and cannot apply through both the skilled worker and business categories of the program. The MPNP reserves the right to require applicants who, in the view of the Program, have the intention to immigrate to Canada for business purposes, to apply through the business category only.
Applicants should be aware that they may be ineligible for nomination by the MPNP-B, if they:
- do not meet the eligibility criteria as determined by the MPNP-B;
- have committed misrepresentation and/or fraud during the application process;
- have self-assessed an inaccurate number of points in the Expression of Interest (EOI) process;
- have been refused by another provincial or federal immigration program in Canada and the reasons of refusal are applicable to the MPNP-B;
- have close relatives and/or children residing in other province(s) of Canada;
- are unable to provide sufficient explanation with supporting documentation proving that the acquisition of their earned income and net worth were legally obtained; or
- are unable to demonstrate that they have the necessary resources and skills to operate their intended business.
- Applicants may also be ineligible for immigration to Canada, if:
- the applicant or any dependent family member (whether accompanying or not) has a serious medical condition;
- the applicant or any dependent family member (whether accompanying or not) over the age of 18 has a criminal record; or
- the applicant has unresolved custody or child support disputes affecting any member of the family.
The NBPNP is a provincial immigration program made possible through an agreement with the Government of Canada. As an economic program, the NBPNP selects, and nominates, qualified business people from around the world who will own and actively manage a business that contributes to the New Brunswick economy and may create jobs. Immigration Program Officers review applications based on eligibility requirements and selection factors. You must meet eligibility requirements. You should also be aware that meeting the eligibility requirements does not guarantee nomination. Priority will be given to Applicants who have the greatest potential to become economically established in New Brunswick. To determine if you meet the requirements of the Program, carefully review the information in this Guide before submitting your application. Decisions on applications are final. There is no appeal process in the event you are refused. If you are unsuccessful, you may reapply two years from notice that your application has been refused, providing your situation changes substantially and you have new information to submit. You also have the option to apply to Citizenship and Immigration Canada (CIC) immigration programs with New Brunswick as your destination. If you are nominated by the NBPNP your application is forwarded to a CIC visa office for further evaluation and final decision on permanent resident status. Final decisions on permanent resident visas are the sole responsibility of CIC. You must meet all Canadian immigration regulations including a medical examination and security and criminal checks. You should not make final travel arrangements, dispose of property (personal or business), or give up your job until you receive a permanent resident visa. A nomination decision does not guarantee the issuance of a permanent resident visa. Your nomination may be withdrawn, by the NBPNP, at any time prior to the issuance of a permanent resident visa.
Reasons for which the NBPNP may withdraw a nomination include, but are not limited to the following: The NBPNP is no longer satisfied that you meet the requirements under which you were nominated.
- The NBPNP being advised that information in your immigration application is false or misleading.
- You do not intend to reside in New Brunswick.
- Applications are not accepted from applicants who: Have an application in process under another immigration program in Canada.
- Are not lawfully residing in their country of residence at the time an application is received at the NBPNP• Office. (Proof of lawful residence is required.) Have an unresolved humanitarian and compassionate claim in Canada.
- Are failed humanitarian and compassionate claimants living in Canada.
- Have an unresolved refugee claim in Canada.
- Are failed refugee claimants living in Canada.
- Are under a removal order in Canada.
- Are prohibited from entering Canada.
- Are engaged in full-time post secondary education.
- If you are living in Canada during the NBPNP application process it is your responsibility to maintain your legal immigration status.
If you have been refused under another provincial or federal immigration program you must advise the NBPNP and provide copies of all relevant correspondence. The correspondence must include sufficient information to allow the Immigration Program officer to evaluate the reasons for your refusal. Failure to notify the NBPNP will result in your refusal.
Eligibility Requirements
As a Business Applicant:
- You are between 22 and 55 years of age. Your age is assessed as of the day your application for permanent residence is received at the NBPNP Office and you are assigned an NBPNP application number.
- You have sufficient English and, or French language ability to actively manage a business in New Brunswick. To obtain an objective assessment of your language ability you may be asked to submit an International English Language Testing System General Training (IELTS) or a Test d'Evaluation de Français (TEF). You can use language test results for two years from the time you took the test.
- You have, at a minimum, been awarded a high school diploma for education completed after junior/middle school and before college, university and other formal training.
- You will live, and operate a business in New Brunswick. You must assume day-to-day management role in the business.
- You have relevant and proven management experience in three of the last five years.
- You must demonstrate prior management experience in the private sector. As a business owner or senior manager you must have significant decision-making responsibility. There must be a link between your management experience and the skills needed to operate your business in New Brunswick. You demonstrate an understanding of the business environment in New Brunswick.
- You must gain knowledge of the New Brunswick business environment during your business trip.
- You will prepare a business plan of economic benefit to New Brunswick. Your business plan must be approved by an official of the Government of New Brunswick.
- You have a personal net worth of at least $300,000 CAD. Personal net worth is defined as the value of total assets, less the value of total liabilities.
- You must have sufficient funds to start the business and provide for the successful settlement and support of dependent family members for up to two years without third party assistance. The actual amount of funds required by the NBPNP will depend upon the planned business venture in New Brunswick.
- You will submit all required forms and supporting documents. If documents provided in support of Selection Factors are missing, incomplete or not able to be verified you will receive a “0” score for that selection factor. Immigration Program Officers have a right to request additional information at any time.
- You will submit a signed copy of the Deposit Agreement and a conditionally refundable deposit of $75,000 CAD, prior to nomination. The Deposit Agreement specifies the terms and conditions of your agreement to make a financial investment in a business in New Brunswick. You score a minimum of 50 points in the selection factors.
The Canada-Northwest Territories Agreement on Territorial Nominees establishes the Northwest Territories Nominee Program, a process that provides eligible Foreign Nationals a pathway to becoming permanent Canadian residents. There are two streams within the Nominee Program; the Business Stream and the Employer Driven Stream. The Department of Industry, Tourism and Investment is responsible for administering the Business Stream of the Nominee Program.
The Business Stream of the Nominee Program is designed to attract entrepreneurs with business expertise and investment capital to settle in the Northwest Territories and enhance the economic environment of the Northwest Territories by purchasing or starting a business.
Immigration into Canada is a shared responsibility between the Government of Canada and the Government of the Northwest Territories, whereby:
The Government of Canada has sole responsibility for determining, nationally and for provinces and territories, who is admitted to Canada, Immigration Classes, and annual immigration levels. The Government of the Northwest Territories and the Government of Canada’s Immigration, Refugees and Citizenship Canada (IRCC) entered into the first Canada-Northwest Territories Agreement on Territorial Nominees in 2009. It was renewed in 2013 for five additional years. The Agreement allows the Government of the Northwest Territories to nominate Foreign Nationals for Permanent Residency within the Northwest Territories. These application guidelines are for the Business Stream only and outline information and eligibility criteria required for prospective applicants to apply under the Nominee Program’s Business Stream.
The Business Stream will be of interest to entrepreneurs and owner/operators of businesses who want to immigrate to, and establish business operations in, the Northwest Territories. Prospective applicants from all economic sectors are eligible for this stream. Business concepts will be considered a priority if they involve a project that is new to the Northwest Territories or if the project would generate significant benefits to the Northwest Territories. The prospective applicant must:
- Invest:
- A minimum of $300,000 CDN equity* into starting or buying a business within the corporate boundaries of Yellowknife, Northwest Territories; or
- A minimum of $150,000 CDN equity* into starting or buying a business outside of the corporate boundaries of Yellowknife, Northwest Territories.
- Have a personal net worth** of:
- At least $500,000 CDN if starting or buying a business within the corporate boundaries of Yellowknife, Northwest Territories; or
- At least $250,000 CDN if starting or buying a business outside the corporate boundaries of Yellowknife, Northwest Territories.
- Demonstrate that they own at least one-third (33.3%) of the business they are starting or buying:
- Where your personal equity investment is at least $1,000,000 you may own less than one-third (33.3%) of the business pursuant to the Immigration and Refugee Protection Regulations section 87(6)(b)(ii).
- Provide to the Department of Industry, Tourism and Investment a good faith deposit of $75,000 CDN to be held in trust and released upon satisfactory execution of the terms of the Business Performance Agreement;
- Demonstrate reasonable knowledge and understanding of the Northwest Territories and its economy; • Demonstrate reasonable communication skills appropriate to conduct business in the Northwest Territories and to integrate into the local community;
- Have the necessary experience and education to successfully implement the business plan;
- Demonstrate sufficient financial resources to start and operate a business and support themselves and any dependents for the duration of the applicant’s Business Performance Agreement; and
- Not have an active application with any other provincial or territorial nominee program. * The Department of Industry, Tourism and Investment reserves the right to determine what level of investment, if any, in a principal residence and/or a vehicle may be recognized towards the prospective applicant’s equity investment requirement. Investment in a business that is operated primarily for the purposes of deriving passive investment income does not qualify as equity for the purposes of meeting the investment requirement.
Ontario is working to attract foreign corporations and entrepreneurs – and their new business ideas, talent and investment – to the province. Under the Ontario Immigrant Nominee Program (OINP), entrepreneurs looking to implement a new business idea and key staff of corporations seeking to expand operations in Ontario can be nominated by the Province for permanent residence.
OINP is now accepting applications under the Corporate Stream and Expression of Interests (EOIs) in the Entrepreneur Stream.
Find out more about the:
- Corporate stream
- Entrepreneur stream
Ontario Immigrant Nominee Program: Corporate Stream
The Ontario Immigrant Nominee Program’s Corporate Stream helps and supports established international corporations looking to expand into Ontario or buy an existing business. Once your business has been successfully established, key staff are eligible to apply for nomination that could lead to permanent resident status.
OINP is now accepting complete applications to the Corporate Stream.
Are you eligible?
You may be eligible for this program if you have a viable business activity that will bring significant economic benefit to our province. If we approve your proposal, your key staff may apply for a temporary work permit in order to establish your business.
Your corporation and your key staff must meet all eligibility criteria in order to apply to the Corporate Stream, including:
- Your corporation must invest a minimum of $5 million CDN in a new or existing business
- Your corporation must create five full-time, permanent positions for Canadian citizens or permanent residents per key staff
- Key staff seeking nomination must be currently employed with the corporation and be essential to the establishment, continued operation and success of the business in Ontario
- Key staff must meet a minimum language requirement of Canadian Language Benchmark (CLB 4) level or equivalent in order to be nominated after your business has been established in Ontario
Ontario Immigrant Nominee Program: Entrepreneur
The following steps are required to participate in the Entrepreneur Stream:
- Register an online Expression of Interest (EOI).
- Your online EOI is entered into the selection pool and ranked by score. Periodically, the ministry will draw registrants from the EOI selection pool and invite them to apply to the OINP Entrepreneur Stream.
- If you are invited to apply, you can submit a complete application and application fee to the OINP.
- If your application is approved, you will sign a Performance Agreement outlining the commitments you have made in your EOI to invest and create jobs in Ontario. You will be issued a temporary work permit support letter to apply for a temporary work permit from Immigration, Refugees and Citizenship Canada (IRCC) in order to establish your business in Ontario. Please note: IRCC retains the authority to issue temporary work permits.
- If you meet the commitments of your Performance Agreement, you may be eligible to be nominated by the OINP for permanent resident status.
- Successful nominees must apply to IRCC for permanent resident status within six months of being nominated by OINP.
Are you eligible?
You may be eligible for this program if you have a viable business activity that will bring significant economic benefit to Ontario. If approved, you and your business partner (if applicable) may apply for a temporary work permit in order to establish your business. Once your business has been successfully established, you and your business partner (if applicable) may be eligible for nomination by the OINP.
You must meet all eligibility criteria in order to apply to the Entrepreneur Stream. If you are applying with a business partner, your business partner must also meet the eligibility criteria.
To be eligible, you and your business partner must meet five factors.
- Experience
- At least 36 months of full-time business experience in the last 60 months.
- Your experience must be as a business owner OR as a senior manager (business management).
- If your proposed business will be located within the Greater Toronto Area (GTA – includes the City of Toronto, Durham, Halton, York and Peel regions), you must have a minimum net worth of $1,500,000 CDN.
- If your proposed business will be located outside of the GTA, you must have a minimum net worth of $800,000 CDN.
- If your proposed business will be in the ICT/Digital Communications sector (regardless of your proposed business location), you must have a minimum net worth of $800,000 CDN.
- If your proposed business will be located within the GTA, you must make a minimum personal investment of $1,000,000 CDN and have a minimum equity ownership of 33.3 per cent.
- If your proposed business will be located outside of the GTA, you must make a minimum personal investment of $500,000 CDN and have a minimum equity ownership of 33.3 per cent.
- If your proposed business will be in the ICT/Digital Communications sector (regardless of where you set up the business), you must make a minimum personal investment of $500,000 CDN and have a minimum equity ownership of 33.3 per cent.
- You must create at least two permanent full-time jobs for Canadian citizens/ permanent residents.
- If you plan to purchase an existing business, you must make at least one business-related visit to Ontario in the last 12 months prior to the date you submitted your application.
Net Worth
Personal Investment Funds
Job Creation
Exploratory Visit
You must meet the minimum requirements for all of these factors to be eligible to apply for the Entrepreneur Stream. If you are applying with a business partner who is also seeking nomination, your partner must also meet all the minimum requirements for each factor.
Based on your EOI score, you may be invited to apply to the Entrepreneur Stream. There is no guarantee that you will be invited to apply to the Entrepreneur Stream. Instructions on how to access the online application tool will be emailed to you if you are invited to apply.
100% Ownership Stream
If you are interested in immigrating to Prince Edward Island and would like to own your own business, you may be eligible for a nomination for permanent residency through the 100% Ownership Stream of the Prince Edward Island Provincial Nominee Program (...
Partial Ownership Stream
If you are interested in immigrating to Prince Edward Island and would like to invest in and run a business, you may be eligible for a nomination for permanent residency through the Partial Ownership Stream of the Prince Edward Island Provincial Nominee...
Work Permit Stream
If you are interested in immigrating to Prince Edward Island and would like to invest in and run a business, you may be eligible for a nomination for permanent residency through the Work Permit Stream of the Prince Edward Island Provincial Nominee...
100% Ownership Stream
If you are interested in immigrating to Prince Edward Island and would like to own your own business, you may be eligible for a nomination for permanent residency through the 100% Ownership Stream of the Prince Edward Island Provincial Nominee Program (PEI PNP). This stream is for foreign nationals with extensive management or business-ownership experience who would like to own and operate their own business in PEI.
Am I eligible to apply?
To be eligible for nomination through the 100% Ownership stream you must:
- Score a minimum of 50 points on the self-assessment.
- Have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right.
- Have a minimum education of high school equivalent.
- Be within 21-59 years of age at the time of application.
- Have transferable management skills and past employment or business-ownership experience.
- Meet minimum language requirements equivalent to a band score of 4.0 on an IELTS test
- Intend to live and work in PEI and provide day-to-day active and ongoing management of your company from PEI.
- Attend an interview with staff from the Office of Immigration.
- Sign an escrow agreement with the Province and submit a $200,000 deposit, which will be refunded upon you meeting the terms and conditions of the escrow agreement.
Partial Ownership Stream
If you are interested in immigrating to Prince Edward Island and would like to invest in and run a business, you may be eligible for a nomination for permanent residency through the Partial Ownership Stream of the Prince Edward Island Provincial Nominee Program (PEI PNP). This stream is for foreign nationals with extensive management or business-ownership experience who would like to invest in and participate in the management of a PEI business.
Am I eligible to apply?
To be eligible for nomination through the Partial Ownership stream you must:
- Score a minimum of 50 points on the self-assessment.
- Have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right.
- Have a minimum education of high school equivalent.
- Be within 21-59 years of age at the time of application.
- Have transferable management skills and past employment or business-ownership experience.
- Meet minimum language requirements equivalent to a band score of 4.0 on an IELTStest.
- Intend to live and work in PEI, and provide day-to-day active and ongoing management of the PEI-based company.
- Attend an interview with staff from the Office of Immigration.
- Sign an escrow agreement with the Province and submit a $200,000 deposit, which will be refunded upon you meeting the terms and conditions of the escrow agreement.
Work Permit Stream
If you are interested in immigrating to Prince Edward Island and would like to invest in and run a business, you may be eligible for a nomination for permanent residency through the Work Permit Stream of the Prince Edward Island Provincial Nominee Program (PEI PNP). This stream is for foreign nationals with extensive management or business-ownership experience who would like to move to PEI on a temporary basis to start their business, and eventually become a permanent resident.
Am I eligible to apply?
To be eligible for nomination through the Work Permit stream you must:
- Score a minimum of 50 points on the self-assessment.
- Have a minimum verifiable personal net worth of $600,000 which has been accumulated through legal and legitimate sources in your own right.
- Have a minimum education of high school equivalent.
- Be within 21-59 years of age at the time of application.
- Have transferable management skills and past employment or business ownership experience.
- Meet minimum language requirements equivalent to a band score of 4.0 on an IELTS test.
- Live and work in PEI, and provide day-to-day active and ongoing management of the PEI-based company.
- Attend an interview with staff from the Office of Immigration.
- Meet the terms and conditions of the Performance Agreement signed with the Office of Immigration.
Through the SINP Entrepreneur Program, you and your family can start, obtain or partner in a business in Saskatchewan and be actively involved in managing it, while residing in Saskatchewan.
The Entrepreneur Category Process
There are three steps to the nomination process:
- Expression of Interest (EOI) submission to the SINP;
- EOI Selection and Invitation to Submit an Application; and
- Nomination.
Learn more about each of these below.
The Expression of Interest (EOI)
The EOI is not an application; it is an expression of your interest in the SINP. Prospective immigrants will indicate their interest in operating a business and living in Saskatchewan by providing required information about their entrepreneurial experience, assets, and Business Establishment Plan (BEP), among other factors.
- Candidates who meet the minimum entry criteria will be accepted into the EOI candidate pool.
- Once submitted, EOIs are scored and ranked using the Points Grid.
- To submit an EOI to the SINP, you must:
- Meet the minimum entry criteria; and
- Complete the Points Assessment Grid in order to be scored once your EOI is in the pool of candidates.
- To meet the minimum entry criteria you must:
- Have $500,000 (CAD) at minimum in Net Business and Personal Assets;
- Have a minimum of three years of relevant business management or entrepreneurial experience gained in the past ten years; and,
- Intend to invest a minimum of $300,000 (CAD) in Regina and Saskatoon or a minimum of $200,000 (CAD) in all other Saskatchewan communities.
- We'll assess the information you provide in your EOI against the points grid to rank your EOI in the pool of candidates. Candidates are then selected from the EOI system based on their score, with top scoring EOIs being prioritized for selection. Selected candidates are invited to apply to the SINP.
- If you are invited to apply you must submit a Business Establishment Plan (BEP) that corresponds to the information in your EOI. Your BEP must include:
- Your plan to establish a business that aligns with the points assigned in the Entrepreneur Category Points Grid, if applicable (for investment amount and sector);
- Your ownership of at least one third (33 1/3 per cent) of the equity of a business in Saskatchewan, unless your total investment is $1 million CAD or higher;
- Your commitment to provide active and on-going participation in the day-to-day management and direction of the business; and
- The creation of two employment opportunities in Saskatchewan for Canadians or permanent residents who are not related to you.
- This only applies if you're establishing a new business in Regina or Saskatoon.
Please note that the SINP reserves the right to have Business Establishment Plans assessed by professional third parties identified by the Government of Saskatchewan. The assessment conducted by Third Parties will focus on the preparation and due diligence conducted by the applicant in preparing their proposed business plan.
Who is not eligible to apply under the Entrepreneur Category?
The following are not eligible to apply to the Entrepreneur Category:
- Refugee claimants in Canada who are claiming refugee status from the Government of Canada.
- People living illegally in their country of residence or Canada.
- Persons who have had a removal order issued against them by Immigration, Refugees and Citizenship Canada (IRCC) or Canada Border Services Agency.
- People who are prohibited from entering Canada.
You may not be eligible for immigration to Canada if any of the following situations is true:
- You or any dependent family member (accompanying or not) has a serious medical condition.
- You or any dependent family member over the age of 18 (accompanying or not) has a criminal record.
- You have unresolved custody or child support disputes affecting any member of your family.
- You have intentionally misrepresented yourself in the application.
Expression of Interest (EOI) Submission to the SINP
Please follow these steps to submit your EOI to the program:
- Only those who meet the minimum eligibility criteria can submit an EOI.
- If you are eligible to apply under the Entrepreneur category review the Points Grid.
- Complete your EOI online. Instructions are provided during the online application. The system will calculate your score based upon the information you enter and your EOI will be placed in a pool for potential selection. Only EOIs with all sections completed can be submitted.
- If selected, your EOI will form part of your application. You must be sure your EOI is up to date at the time of submission, and that all answers are accurate and truthful. If your EOI is not up to date and it's found that you or any person associated with your application omitted relevant information or provided misleading or fraudulent information at the time of assessment, your application will be rejected and you'll be unable to apply to the SINP for a period of two years.
- Be sure you understand the questions before you provide an answer. If you're unsure, use the help icons or review this page again.
- There's no fee for submitting an EOI.
- You won't need to attach any documents to your EOI. However, you will be required to attach documents, including translations if necessary, if you're invited by the SINP to submit an electronic application.
- Your EOI is ranked based upon your points assessment score, after which it's placed in an EOI pool.
- EOI's can remain in the pool for 12 months from the date of receipt.
- If your EOI is not selected during this time it will be removed from the pool and you will be able to reapply if you want to.
- If you're able to acquire additional points after starting your EOI, you can update your pending EOI with current information before it's submitted.
- Once your EOI has been submitted you'll not be able to update it. If your EOI is selected it will be removed from the pool and you'll no longer be able to update it. Points for age are awarded based on your age on the date you submit your EOI.
The EOI Selection and Invitation to Submit an Application
EOI's are assessed based upon the criteria in place at the time when your EOI was submitted. If your EOI is selected it will be removed from the application pool and you will no longer be able to update it. Selection doesn't guarantee your application will be approved or that you'll receive a nomination or permanent residence.
After your EOI has been selected:
- You'll receive an Invitation to Submit an Application (ISA) letter. The letter will include a file number. If your application doesn't match the information in your EOI it will be rejected and you'll be unable to submit an EOI or apply to the SINP for two years.
- If your situation or any of your information has changed and the changes would result in a loss of points or you would no longer meet the minimum criteria then you should request to withdraw your EOI and not submit an application.
- You'll have 20 calendar days from the date of the ISA letter in which to:
- Pay a $2,500.00 CAD non-refundable processing fee; and,
- Select and identify a recognized third party financial review service provider on your online application.
- You'll have 90 calendar days from the date of the ISA letter in which to:
- Submit your complete electronic application, including all required supporting documents; and
- Submit your BEP.
- You'll have 180 calendar days from the date of the ISA letter in which to:
- Submit your Third Party Verification Report.
- You're responsible for submitting the required documents to the Third Party Verification provider (see the Third Party Entrepreneur Category Document Checklist).
- The Third Party Verification provider may request further documents or information and may call you for an interview if necessary.
- If you've not submitted the required information or processing fee within the time given, your invitation to apply will expire and your application may be closed and removed from the system.
- If your application has been removed from the system and you're still interested in applying to the SINP you'll have to submit a new EOI, under the relevant criteria in place at the time of submission.
- You'll need to upload supporting documents to your electronic application.
- Carefully review the document checklists for a full list of all required documents.
- All documentation must be provided in English or French.
- Where documents are in a language other than English or French, you must submit an electronic copy of the original document, as well as an electronic copy of its translation and a translator affidavit.
- If your application is accepted for processing and the information you provided changes, such as your family composition, marital status, country of residence, contact information, etc., you must inform the SINP. You're required to update your application even if your visa has already been issued.
Required documents are the documents required for your immigration application (e.g. documents that prove your identity, entrepreneurial experience, language ability, finances, etc.).
You'll need to upload copies of your required documents to your electronic application. All uploaded documents must be clear and easy to read. If any documents are not in English or French you must submit the following:
- An electronic copy of the original document;
- An electronic copy of the English or French translation of the document; and
- An electronic copy of a Translator Affidavit that describes the ability of the translator.
Translations may be done by anyone, except:
- Your spouse;
- A member of your family; or
- A paid third party that has prepared your application to the SINP.
Some Canadian visa offices ask that documents are translated by a certified translator. The SINP doesn't ask for this, but you should still make sure your translated documents meet all federal requirements.
Although the SINP requests you upload copies of documents to an electronic application, IRCC may require original documents or certified copies.
Your SINP Application Assessment
- Once your application Processing Fee, Third Party Verification Report, and Electronic Application including all Supporting Documentation are received, we'll review your application and verify the information.
- Please note that only complete applications will be accepted.
- Incomplete applications will be closed and all submitted information and supporting documents removed from the system.
- If your application has been closed and you wish to reapply, you must submit a new EOI, under the relevant criteria in place at the time of submission.
- Your application will be assessed against the Entrepreneur Eligibility Criteria and your EOI Points Assessment will be verified.
- A Business Immigration Officer may contact you for more information or call you for an in-person interview.
- If, upon review of your application, you don't meet the program's Eligibility Criteria your application will be ineligible.
- If your application is found ineligible, all submitted information and supporting documents will be removed from the system. You may choose to submit a new EOI once you meet program criteria.
- If the SINP determines that your score on the Points Assessment Grid differs from the points you have claimed and that this was due to intentional misrepresentation, or that you or any person associated with your application omitted relevant information or provided misleading information:
- Your application will be rejected; and,
- You will not be permitted to submit an EOI or application to the SINP for a period of two years.
- If you appear to meet the Entrepreneur Eligibility Criteria you'll be contacted to participate in a final interview. This could be in-person or through a web-based video conferencing service. Please note that applicants are responsible for ensuring they have access to the web-based video conferencing service, including all equipment and software required.
- Upon completion of your final interview, you'll be sent a Business Performance Agreement (BPA) for your review and signature.
- Your BPA is your legal agreement with the Government of Saskatchewan.
- It will state the amount you’ll invest in your business, and the business sector you will operate your business under. The BPA will also list any other information relevant to your application including, but not limited to job creation, business succession and business location. This is based upon the information you supplied in your Business Establishment Plan.
- You must scan and attach your signed and dated BPA to the SINP within 30 days.
- Once we receive your signed and dated BPA, we’ll issue an SINP Entrepreneur Approval Letter that includes instructions on how to apply to IRCC for a Temporary Work Permit (TWP), along with a Temporary Work Permit Support Letter. The letter is issued to facilitate your application to IRCC for a TWP. A TWP allows you to settle and operate your business in Saskatchewan.
- You must apply to IRCC for your TWP within three months of the date on the SINP Approval letter.
- If IRCC refuses your TWP application, your SINP application will be ineligible.
Net Worth Evaluation - Third Party Financial Service Providers
The SINP uses two professional third-party financial service providers to assess the net worth and legal accumulation of net worth of applicants to this category.
Yukon Nominee Program
In order to qualify for participation in the YBNP, the applicant must meet the following criteria:
- Has obtained a minimum score of 65 points on the assessment grid (including a minimum of 10 on language ability);
- Has successfully completed of high school, at minimum. If the nature of the business requires a higher education, proof of those credentials will be required;
- Has a minimum of three years of entrepreneurial or business management experience;
- A minimum of five years of relevant work experience;
- Is not a refugee and does not have an active request for refugee status with the Government of Canada; Has never been refused immigration by the Government of Canada;
- Has no applications with other provincial or territorial nominee programs;
- Has earned a minimum of level 6 on the International English Language Testing System (IEL TS) English language test OR level 4 on the Test d'Evaluation de Fram;ais pour le Canada (TEF Canada) test;
- Has a minimum net worth of $500,000 CAD, with documented proof that it was obtained through legal means. This MUST be verified by a Yukon accounting firm;
- Has a minimum $300,000 in liquid assets (cash, bonds, cash derivatives etc.) with documented proof that they were obtained through legal means. This MUST be verified by a Yukon accounting firm;
- Intends to settle in Yukon permanently;
- Agrees to reside in Yukon with dependents, if applicable, while actively managing and investing in their own Yukon business.
- They must hold a position within their business of NOC 0 or A.
- Has not yet purchased or started the business.
- Must demonstrate how they will expend a minimum capital investment of $300,000 in the business in the first two years.
- Eligible expenses include: purchase of property for the business (residential expenses do not qualify), tools and equipment of a business, shares of the business (which they will be operating), and machinery (excluding personal-use passenger vehicles, even if the vehicle is occasionally used for commercial purposes).
- Non-eligible expenses include a residence or recreational property, vehicles that are used partially for business, unserviced land for future development or real estate to be leased primarily to third parties whether for business or personal use and other personal expenses. Operational and maintenance expenses, including marketing and travel, are not considered in this minimum capital investment. Expenses made prior to acceptance into the YBNP do not qualify toward the minimum capital investment.
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PROVINCIAL SELF EMPLOYED PROGRAM
Self-Employed Farmer Stream criteria (include but are not limited to):
- You must prove that you have farm management skills shown by:
- Financial documentation of your existing farm business
- Documentation of your education, training and work experience
- Proposed business plan for the farming enterprise you are considering in Alberta
- Proof that a Canadian financial institution is willing to finance your proposed farming business.
- You must have sufficient financial resources to develop a sustainable farming operation.
- You must be able to invest a minimum of CDN $500,000 of equity in a primary production farming business in Alberta.
- You must provide documents that demonstrates you have a minimum net worth of CDN $500,000 or confirmation that you have access to a similar amount of funds from other sources.
- The CDN $500,000 is the minimum amount. You may be required to show you have the ability to invest more than the minimum.
- You must invest in a primary production farming business in Alberta.
- You will have to document your investment intentions in your proposed business plan.
- Applications representing the best opportunity for growth relevant to Alberta's agri-food targets will be given priority.
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