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Canadian Provincial Permanent Residency Streams for Entrepreneurs Part 2 – Manitoba, Saskatchewan, Nova Scotia, New Brunswick

A group of 3 entrepreneurs

MANITOBA (MB)

Manitoba offers two permanent residency pathways for entrepreneurs. See below the requirements for each. All applicants are required to meet language proficiency requirements.

 

Entrepreneur Pathway Farm Investor Pathway
Individual net worth must be at least $500,000, and must invest at least $250,000 in a business in the Winnipeg metropolitan region or $150,000 in other regions in Manitoba, and must hold and control at least 1/3 of the equity of that business.

 

The applicant must conduct a business research visit to Manitoba within 1 year before applying and submit a business plan.

 

Applicants must have a high school diploma or above, and at least 3 years of full-time work experience as a business owner or senior manager in the past 5 years.

 

Applicants must meet language proficiency requirements (CLB 5).

 

Individual net worth must be at least $500,000, and must invest at least $300,000 in a farming business in rural Manitoba, which the applicant must personally reside in and direct on an ongoing basis.

 

The applicant must conduct a farm research visit to Manitoba. The applicant must demonstrate knowledge of practical farming skills and experience in technology-based farming practices that can be transferred to Manitoba’s farming industry.

 

Applicants must have at least 3 years of farm ownership and operation experience.

 

Applicants must be able to conduct an interview in either English or French.

 

Interested applicants can take the appropriate steps to obtain an invitation to apply from the Manitoba Provincial Nominee Program, and upon approval, applicants will receive the nomination certificate with which they can apply for permanent residence to the IRCC.

SASKATCHEWAN (SK)

Saskatchewan offers one permanent residency pathway for entrepreneurs under the SINP program. To be eligible, the following requirements must be met:

  • Minimum individual net worth of $500,000 or above.
  • Minimum investment of $300,000 in Regina or Saskatoon, or $200,000 in all other parts of Saskatchewan.
  • Own and hold at least 1/3 of the business equity, OR invest $1 million or above, and manage and direct the business.
  • Create at least 2 Canadian jobs if establishing a new business.
  • At least 3 years of business management or entrepreneurial experience in the past 10 years.

Interested individuals may register an expression of interest to the Saskatchewan Immigrant Nominee Program for candidacy and, if selected, can apply for a work permit to come to Canada to develop their business. After 6 months of business operation and no later than 20 months after arrival, provided all requirements are met, the applicant may apply to obtain a nomination from Ontario for permanent residence. Based on this nomination, the applicant can apply for permanent residency to the IRCC.

NOVA SCOTIA (NS)

Nova Scotia offers one permanent residency stream for entrepreneurs under its provincial nominee program. The requirements include the following:

  • Minimum personal net worth of $600,000 or above.
  • Personal investment of at least $150,000 to establish a new business in Nova Scotia or buy an existing business, and live in Nova Scotia.
  • Own at least 1/3 of the business’s equity and develop and direct that business, which must provide significant economic benefit to Nova Scotia.
  • At least 3 years of experience as business owner-manager, or 5 years of experience in a senior business management role.
  • Plan to create at least 2 full-time Canadian jobs if establishing a new business.
  • Language proficiency (CLB 5).

Interested applicants may submit an expression of interest, and if invited to apply, can submit application for nomination. Once approved, the applicant can apply for a work permit to come to Canada to establish their business. After operating the business for a year, the entrepreneur can obtain nomination to apply for permanent residency to IRCC.

NEW BRUNSWICK (NB)

New Brunswick offers one permanent residency stream for entrepreneurs under its provincial nominee program. The requirements include the following:

  • Minimum personal net worth of $500,000 or above.
  • Personal investment of at least $250,000 to establish a new business in New Brunswick, which they should own at least 1/3 and actively manage.
  • Create 2+ full-time Canadian jobs.
  • Applicants should be between 22 and 55 years of age.
  • Applicants must hold a university-level degree or a post-secondary trade certificate, and have at least 3 years experience as a business owner-operator.
  • Language proficiency (CLB 5).

Interested applications may submit an expression of interest, and the New Brunswick Provincial Nominee Program will periodically issue invitations to apply to highest ranking candidates. Upon submitting and being approved the application for nomination, the entrepreneur will deposit $100,000 to the program, sign a business performance agreement, and come to New Brunswick to establish and operate the business for one year. At this point the applicant may receive a nomination certificate, with which they can apply for Canadian permanent residency with the IRCC.

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