Manitoba: officially known as Manitoba, is a province located in the central-southern part of Canada, covering an area of 649,950 square kilometers. Manitoba investment immigration is one of the immigration options for many applicants. What advantages does Manitoba investment immigration offer? What are the specifics? Let me introduce it to you below.
Project Advantages
1. Obtain a green card in one step, with no worries;
2. Low asset requirements, only a minimum asset requirement of CAD 500,000 is needed to apply;
3. Low investment, with only CAD 150,000 required for startup funds;
4. No age or educational requirements (but IELTS requires a score of 4 in each section);
5. High success rate, one person applies, the whole family obtains Canadian permanent residency;
6. Low cost of living, saving you more on living expenses and startup costs;
7. Enjoy first-class education, a comprehensive welfare system, and an excellent living environment;
8. Strong economic growth, low startup costs, highly competitive tax rates, and a wide range of industries to choose from.
Application Requirements
1. The net assets of the main applicant or both spouses must be at least CAD 500,000;
2. At least three years of management experience in the past five years; executives, shareholders, and individuals can apply;
3. A CAD 100,000 startup deposit must be paid to the government; the applicant can apply for a refund of the CAD 100,000 startup deposit within two years from the date of landing in Manitoba, provided they fulfill the signed deposit agreement terms, successfully establish a business, and reside in Manitoba. Generally, the startup deposit can be refunded 6-10 months after the business is established. (A green card can be applied for six months after the investment, with no revenue requirements);
4. After immigration, invest CAD 150,000 to operate a business (if in partnership, must hold at least 1/3 of the shares or at least CAD 1,000,000);
5. Personal income tax returns must be provided;
6. The main applicant requires an IELTS score of 4 in each section;
7. EOI scoring system must be 87 points or above;
8. Accompanying children must be under 22 years old and unmarried.
Processing Steps
1. Manitoba EOI Stage:
Visa application ⇒ Business assessment and IELTS examination ⇒ Online application for EOI and submission
2. Waiting for EOI Stage:
Receive the official application notification letter LAA from the immigration bureau
3. Formal Application Stage:
Prepare formal application materials and submit them, while paying the application fee of CAD 2,500 ⇒ Receive the pre-nomination letter, Manitoba issues a CAD 100,000 deposit transfer notification ⇒ Complete the transfer of the CAD 100,000 deposit and receive the provincial nomination paper
4. Federal Stage:
Prepare federal application documents ⇒ Obtain federal file number ⇒ Receive medical examination form ⇒ Receive visa issuance letter
(If the business is successfully established (investment over CAD 150,000), the Manitoba immigration bureau refunds the CAD 100,000 investment deposit)
Overall cycle: 1.5 to 2 years
Processing Fees
1. Immigration application fee: main applicant: CAD 550/person, spouse and accompanying children over 22 years old: CAD 550/person, accompanying children under 22 years old: CAD 150/person;
2. Medical examination fee: for those aged 15 and above and adults: RMB 1,450/person, for those under 15 and minors: RMB 500-1,250/person;
3. Immigration landing fee: main applicant and spouse: CAD 490/person (unmarried accompanying children are exempt);
This is the situation regarding Manitoba investment immigration. Are you excited? Want to live in Manitoba? Then hurry up and submit your materials to invest in Manitoba immigration as soon as possible.