Canada : + 1 647 223 6314PNP business immigration
Business Immigration Programs- Federal, Quebec and PNPs
Eligible business candidates can also be nominated by provinces under the Provincial Nominee Programs (PNPs).
Canadian Business Immigration programs ( Investor, Entrepreneur, and self-employment programs) Comparative Table
- Expression of Interest: EOI denotes a system whereby eligible candidates formally express their interest in the program but must be invited before submitting an application
- Permanent Residence: PR
QUEBEC PROGRAMS
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Quebec Immigrant Investor Program- Individuals who can demonstrate an advanced intermediate level of french are exempt from the Quota | $ 2,000,000 | $ 1,200,000 risk free through an approved finnancial intermediary/or by financing that investment | Management experience in 2 of the past 5 years which involves the control of financial resources and material or human resources | No | None | None | Recommended | Not required | As part of the application review, it may be required | PR after first obtaining Quebec Selection Certificate (CSQ) | Medical examination and background check |
| Quebec Entrepreneur- Capped Out (Individuals who can demonstrate an advanced intermediate level of french may continue to apply) | $ 900,000 | Holds and controls alone or with the accompanying spouse or common-law partner a minimum 25% of the equity of the enterprise created OR at least 51% of the equity of the enterprise created | At least 2 years of business management experience in the past 5 years and controlled at least 25% of the capital equity. Experience must have been acquired in a lawful or profitable business (Agricultural, industrial or commercial) | a lawful or profitable business (Agricultural, industrial or commercial) | No | Required | Recommended | $ 300,000 for a business located in the metropolitan area of Montreal OR $ 200,000 for a business located outside the metropolitan area of Montreal | As a final step in the application process it is required | PR after first obtaining Quebec Selection Certificate (CSQ) | Submit a contract as a proof of financial self-sufficiency and demonstrate a secondary school general diploma level of education
Provide a performance guarantee deposit of $ 200,000 that is refundable if certain criteria is imposed |
| Quebec Self-Employed Worker Program- Capped out | $ 100,000 | Not Required | 2 years of self-employed experience in the profession or trade the applicant intends to practice in Quebec | No | Required | None | Recommended | Register a start up deposit of at least $ 50,000 at a local financial institution if located in the metropolitan area of Montreal OR at least $ 25,000 if located outside the metropolitan area of Montreal | As part of the application review, it may be required | PR after first obtaining Quebec Selection Certificate (CSQ) | Submit a contract as a proof of financial self-sufficiency and demonstrate a secondary school general diploma level of education |
FEDERAL PROGRAMS
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Start-up Visa Program | None | $ 200,000 if the investment comes from a designated Canadian Venture Capital fund or designated incubators OR $ 75,000 if it comes from a designated Canadian angel investor group | No Specific requirement | No | Required | None | Not required | Not required | Upon request by the IRCC | PR Immediately | Have the support of a designated organization that will provide the applicant with a Letter of support
Start up applicants must prove that they have sufficient funds to support themselves and their dependents after they land in Canada. The amount required will depend on the size of the family |
| Self-Employed persons Federal Programs | None | Not Required | At least 2 years of relevant cultural or athletic experience in the past 5 years | No | Required | None | Not required | Not required | Upon request by the IRCC | PR Immediately | English/French ability; Work in one of designated occupations
Work in one of designated occupations All self employed persons must prove that they have sufficient funds to support themselves and their dependents for at least 1 year after they arrive in Canada. Must obtain a minimum of 35 points out of 100 based on the five selection criteria and programs’ unique point system |
ALBERTA
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Alberta Self- Employed Farmer Stream | $ 500,000 | $ 500,000 in a primary production farming business | Farm management experience in an existing farm business | No | Required | Required | Recommended | Not required | Required | PR after obtaining nomination certificate | Canadian financial institution must finance the Alberta farming venture |
BRITISH COLUMBIA
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| British Columbia Provincial Nominee Program (BC PNP)- Entrepreneur Stream | $ 600,000 | $ 200,000 OR $ 400,000 if proposing a key staff member | 3 years of business ownership & Management experience OR a 4 years of senior management experience OR 1 year of business ownership & management experience and 2 years of senior management experience | yes (province publishes info on previous draws) | Required | Required | Recommended | Not required | Required | 2-year work permit following nomination; PR contingent on implemetation of business proposal | Create at least one permanent, full-time job for a Canadian or Permanent resident with proposed business |
MANITOBA
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Manitoba Provincial Nominee Program for Business (MPNB-B) | $ 500,000 | $ 300,000 tangible assets to set up a Farming business in the rural area of Manitoba AND investments in a farm business operated primarily for the purpose of | Business ownership and management experience or executive-level experience in 3 of the past 5 years, in a successful business | Yes | Required | Required | Required Farm Business research visit | $ 75,000 | Required | Temporary Work permit; PR contingent if meet program requirements | Refundable deposit of $ 100,000 is no longer required |
| Business Investor Stream (BIS) | $ 500,000 | $ 250,000 for business located in the Manitoba Capital region OR $ 150,000 if a business is located outside the Manitoba Capital region AND must be made in an | Business ownership and management experience or executive-level experience in 3 of the past 5 years (Note:Business owners score higher points in compared to senior Managers) AND business owners must hold at least 33 1/3% ownership to be qualified | Yes | Required | Required | Business research must be conducted no more than 1 year prior to submitting the EOI | Not Required | Required | Temporary Work permit; PR contingent if meet program requirements | Refundable deposit of $ 100,000 is no longer required |
NEW BRUNSWICK
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| New Brunswick Provincial Nominee Program (NBPNP) Entrepreneurial stream | $ 600,000 | $ 250,000 | 3 out of 5 years or more in owning a business OR 5 out of 5 years or more in a senior business management role | yes | Required | Required, must be of economic benefit to the province | Required | $ 100,000 | Required | PR after obaining nomination certificate | 22-25 years old
CLB 5 in English or French in reading, writing, listening and speaking |
| New Brunswick Provincial Nominee Program (NBPNP) Post- Graduate Entrepreneurial Stream | N/A | The applicant must have 100% ownership of the equity of the business | 6 + years in the last 10 years in NOC O, A, or B OR 1-5 years in the last 10 years in the NOC O, A, or B | Yes | Required | May be requested, must be of economic benefit to the province | Not specified | Not specified | Required | PR after obaining nomination certificate | 22- 40 years old
CLB 7 in English or French in reading, writing, listening and speaking Have a valid Post- Graduation work Permit |
Northwest Territories
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Northwest Territories Nominee Program (NTNP) Entrepreneur Business | For Business in Yellowknife: $ 500,000 OR For businesses outside Yellowknife: $ 250,000 | In Yellowknife: $ 300, 000 & experience required | Relevant Business | No | Required | Required | Required | $ 75,000 | Required | 2-year work permit following nomination
PR contingent on meeting program requirements |
CLB 4 in English/French
Significant benefit must be generated for the Northwest Territories including jobs for local residents |
Ontario
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ontario immigrant Nominee Program (OINP) corporate stream | None | $ 5,000,000 OR $ 10,000,000 if the proposed business is a land development or a leasehold company | The international corporation must have been established for at least 36 months at the time of application | No | Required | Required | Encouraged | Not required | Required | Applicant & key staff first obtain work permits; PR contingent on meeting program requirement | Create 5 new jobs for Canadians or permanent residents per key staff member seeking nominationn |
| Ontario immigrant Nominee Program (OINP) Entrepreneur stream | For the businesses in the Greater Toronto Area (GTA): $ 1,500,000 OR For businesses outside the GTA: $ 800,000 OR For businesses in the ICT/Digital communications sector (regardless of location): $ 800,000 | In the GTA: $ 1,000,000 and ownership of 33.3% of the business OR outside the GTA: $ 500,000 and ownership of 33.3% of the business OR in the ICT/Digital | At least 36 months of full-time business experience in the last 60 months as business owner or senior manager | Yes (Province publishes info on previous draws) | Required | Required | Required for business succession only | Not required | Upon request of OINP it is required | Temporary work permit; PR contingent on meeting program requirements | Sign a Performance Agreement with Ontario
English/ French minimum CLB 5 Create 2 permanent full-time jobs for Canadians or permanent residents |
Prince Edward Island
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Prince Edward Island Provincial Nominee Program (PEI-PNP) – 100% ownership | $ 600,000 | N/A | Management experience required | Yes | Required | Required, must fall within an eligible sector of business set out by the provincial govt | Recommended | $ 7,500 of 10,000 application fee is refunded if application is declined or withdrawn | Required | Letter of support from the province to apply for work permit
Obtain nomination once all of the terms and condition of performance agreement are met |
Minimum education of secondary school equivalent |
| Prince Edward Island Provincial Nominee Program (PEI-PNP) – Partial ownership | $ 600,000 | $ 150,000 and at least 1/3 ownership OR $ 1,000,000 investment | Management experience required | Yes | Required | Required, must fall within an eligible sector of business set out by the provincial govt | Required | $ 200,000 | Required | PR after obtaining nomination certificate | Submit an investment agreement
IELTS minimum score of 4.0 in last 2 years Score 50+ points on assessment grid |
| Prince Edward Island Provincial Nominee Program (PEI-PNP) – Work permit stream | $ 600,000 | N/A | Management experience required | Yes | Required | Required | Recommended | $ 7,500 of 10,000 application fee is refunded if application is declined or withdrawn | Required | Letter of support from the province to apply for work permit
Obtain nomination once all of the terms and condition of performance agreement are met |
CLB 4 in English or French
Minimum education of secondary school equivalent 21-59 years |
Saskatchewan
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Saskatchewan Immigrant Nominee Program (SINP)- Entrepreneur Category | $ 500,000 | $ 300,000 in Regina or Saskatoon and at least 33.3% ownership OR $ 200,000 in any other Saskatchewan community and at least 33.3% ownership OR $ 1,000,000 investment or more | 3+ years experence as an entrepreneur or managing a business in the past 10 years | Yes | Required | Required | Required for 2 business succession, joint ventures, and regional business opportunities | Not requied | Upon request by the SINP | 2-year work permit following nomination; PR contingent on meeting program requirements | Sign a Performance Agreement
Create 2+ employment opportunities in SK (if it’s a new Business in Regina or Saskatoon) |
| Saskatchewan Immigrant Nominee Program (SINP)- Farm owner/operator category | $ 500,000 | N/A | Farming operation ownership experience using agricultural practices similar to those used in Saskatchewan based farming | No | Required | Farm establishemnt plan (FEP) required | Required | $ 75,000 | Upon request by the SINP | PR after obtaining nomination certificate | Submit a farm establishment plan
Sign a Performance Agreement |
Yukon
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yukon Business Nominee Program (YBNP) | $ 500,000 and at least 1/3 ownership with a Canadian citizen or permanent resident partner | $ 300,000 and at least 1/3 ownership with a canadian citizen or permanent resident partner | Minimum of 3 years entrepreneurial/business management experience & minimum of 5 years relevant work experience | Yes | Required | Required | Recommended, applicants are awarded points for past visits | Not requied | Required | 2-year work permit following nomination; PR contingent on meeting program requirements | Business must be in a strategic sector, as identified by the territory
Must score 65+ points on assessment grid |
Newfound Land and Labrador
| Program | Minimum Net worth | Minimum Investment | Experience | EOI System | Managerial Role | Business Plan | Exploratory Visit | Start Up Deposit | Interview | PR/Work Permit | Additional Requirement |
|---|---|---|---|---|---|---|---|---|---|---|---|
| International Entrepreneur Category | Have atleast $600,000 in unencumbered net business and personal assets that can readily be transferred to Canada | Have atleast $600,000 in unencumbered net business and personal assets that can readily be transferred to Canada | At least 2 years experience actively managing and owning a business (25% minimum ownership) in the last 5 years or 5 or more years’ experience in a senior business management role in the last 10 years | Yes | Required | Required | Recommended before starting a new business or purchasing of an existing business | Not requied | Required | Temporary work permit | Must score 72+ points in the EOI assessment grid |
| International Graduate Entrepreneur Category | None | N/A | At least 1 year continuous experience actively managing and owning the current business (33.3% minimum ownership) | Yes | Required | None | Not requied | Not requied | Have valid post graduate work permit | Have valid post graduate work permit | CLB 7 for both engligh and french |
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