The Entrepreneur Immigration stream is for high-net-worth businesspeople who have the intent and ability to start or purchase businesses in Canada. It is for entrepreneurs or senior managers who can support economic growth in the province. Moreover, each province has their own eligibility criteria and application procedure. PNP business immigration stream, candidates are first issued a two years temporary work permit.
Applicant can apply for permanent residence after operating the business for a year. All provinces use an Expression of Interest format, where candidates are invited through pool. Please see the below mentioned table that shows the differences in the various PNP business immigration program with respect of Net worth and investment requirement. Eligibility requirements must be met at the time of EOI submission.
|Minimum Net Worth||Minimum Investment|
|British Columbia: Base Category||$ 600,000 CAD||$ 200,000 CAD|
|Ontario||$ 800,000 CAD for inside GTA and $ 400,000 for outside GTA||$ 600,000 CAD for inside GTA and $ 200,000 for outside GTA and if the proposed business in either in ICT or digital Communications then the investment is $ 200,000 anywhere in Province.|
|New Brunswick||$ 500,000 CAD||$ 200,000 CAD|
|Manitoba||$500,000 CAD||$250,000 CAD in capital region OR $150,000 in rural area.|
|Saskatchewan||$500,000 CAD||$300,000 CAD in Regina and Saskatoon OR $ 200,000 CAD in all other Saskatchewan Communities|
|Nova Scotia||$ 600,000 CAD||$ 150,000 CAD|
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