Entrepreneur & Investor
Different immigration programs in Canada allow foreign entrepreneurs, investors, and companies which make applicants eligible for permanent residency. As a result, there is no single Canada Investor program; instead, there are numerous options for investor immigration.
Choosing the right immigration program, federal or provincial, will play a significant role in the success of your immigration strategy. It is essential to select the program that is the most suitable for your business and your background.
About Entrepreneur & Investor
Every Canadian province offers various immigration programs to invest and settle permanently in the country. These Provincial Nominee Programs (PNP) are listed below.
Alberta’s PNP program is called the AAIP. It is one of the most popular programs in the Canadian prairies due to Alberta’s ever-growing economy.
You could be eligible for the BCPNP pathway. This province’s PNP pathway is one of the most popular ones in Canada, along with Ontario’s program. These two provinces have the most significant provincial economies in the country.
Manitoba PNP offers Farm Investor Pathway and Entrepreneur Pathway.
Saskatchewan Immigrant Nominee Program is most often targeting, which is ideal for entrepreneurs and farm owners/operators.
This province has one of the most popular PNP programs due to Ontario’s economy. Ontario Immigrant Nominee Program is top-rated amongst foreign investors.
The investor-Quebec immigrant can start a business, invest in an existing one, and live in Quebec.
Nova Scotia immigrant entrepreneurs can benefit from Nova Scotia Nominee Program (NSNP)
This eastern province has a well-developed New Brunswick Provincial Nominee Program (NBPNP).
The smallest Canadian province offers the PEI Provincial Nominee Program for foreign investors, entrepreneurs, and companies.
FAQ for Entrepreneur & Investor
The New Brunswick Provincial Nominee Program (NBPNP) is a program that allows New Brunswick to nominate immigrants to fill the economic and labour market needs of the province.
Yes, New Brunswick has an immigration stream aligned with the federal Express Entry immigration selection system, also referred to as an enhanced Express Entry stream. This stream is called New Brunswick Express Entry Stream. By receiving an enhanced provincial nomination from this stream, candidates receive an extra 600 Comprehensive Ranking System (CRS) points, resulting in an Invitation To Apply (ITA) for permanent residence being issued at a subsequent draw from the Express Entry pool.
Applying to the NBPNP is a two-step process. Candidates interested in living and working permanently in New Brunswick should first review the different NBPNP streams to determine if they are eligible.
Step 1: Once a complete application is submitted along with all supporting documentation, the processing time for eligible applications can be up to three months or more.
Step 2: Apply to Immigration, Refugees and Citizenship Canada (IRCC) for a permanent resident visa.
Within six months of receiving the nominee certificate, applicants are required to apply to IRCC in order to receive a permanent resident visa. Applicants, along with their spouse/common-law partner and dependents, if applicable, must meet all requirements for medical, security and criminal admissibility. IRCC has the final authority to issue a permanent resident visa.
As part of any PNP application, applicants are required to submit a Settlement Plan indicating why they wish to live in the province and how they intend to settle. Applicants are also required to sign an ‘intention to reside’ document with their application. That being said, the Canadian Charter of Rights and Freedoms ensures that all Canadian citizens and permanent residents are allowed to work and reside in any location across Canada. Once an individual obtain Canadian permanent residence, he or she has the right to work and reside in any Canadian province or territory.