Business Investor Stream
The Manitoba Business Investor Source targets eligible foreign businessmen and investors. Candidates are initially provided with a provisional work permit and within two years of arrival must have the purpose and ability to launch or buy a company in Manitoba. The stream abolishes a prior requirement with the Manitoba government for a $100,000 deposit. There are opportunities for businessmen and farm buyers alike.
- a) Entrepreneur Pathway
To applicants wishing to open a Manitoba company. Candidates with a temporary work permit are initially issued. After establishing a business meeting the conditions of a Business Performance Agreement, they are nominated to permanent residence. Candidates starting out companies outside Winnipeg are given preference.
- b) Farm Investor Pathway
In rural Manitoba, for applicants wishing to open and operate a farm. Candidates with a temporary work permit are initially issued. After establishing a business meeting the conditions of a Business Performance Agreement, they are nominated to permanent residence.
The Nova Scotia Entrepreneur stream targets applicants with experiences in business ownership or senior management. They have to live in Nova Scotia, either start a new business or buy an existing business and participate actively in that business’s day-to-day management.
Candidates are first issued a temporary work permit under the Entrepreneur stream before applying for permanent residence after the business has been operating for a year. The stream uses an Expression of Interest format, where applicants are invited to apply within a pool.
Entrepreneur Stream: Candidate Requirements
- Be aged 21 or older.
- Want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business.
- Minimum net worth of $600,000.
- Minimum investment of $150,000 to establish or purchase a business in Nova Scotia.
- Minimum 3 years of experience actively managing and owning a business (33 percent ownership minimum) OR more than 5 years of experience in a senior business management role.
- Score minimum of 5 on the Canadian Language Benchmark in speaking, listening, reading and writing in English or French.