Recent Canadian immigration policies have shown continuous positive developments. Just after the Minister of Immigration stated that 50% of international students should be able to immigrate to Canada, another major piece of positive news has arrived: Visas United Immigration Group's Ottawa office has learned that on August 9, 2017 (local time), after four years of silence, the New Brunswick (NB) Provincial Nominee Program for Entrepreneurs has finally made a strong comeback and has officially reopened.
Below is the detailed interpretation of the latest NB Provincial Nominee Program for Entrepreneurs policy, compiled by Visas United Immigration Group:
NB Provincial Nominee Program for Entrepreneurs Application Requirements:
1. Aged between 22-55;
2. English proficiency of at least CLB 5;
3. At least a two-year post-secondary education;
4. Personal net worth of at least CAD 600,000, including CAD 300,000 in liquid assets;
5. At least three years of experience as a business owner (100% shareholding) within the last five years, or five years of senior management experience within the last five years;
6. Intention to settle in New Brunswick, invest at least CAD 250,000 in the province, manage a business, and actively participate in its operations.
NB Provincial Nominee Program for Entrepreneurs Application Process:
1. Submit Expression of Interest (EOI);
2. Receive Invitation to Apply (ITA) after screening by New Brunswick;
3. Applicant submits full application materials;
4. After passing the interview, pay a CAD 100,000 investment deposit and sign a business plan to obtain the provincial nomination certificate;
5. Submit application for permanent residency to the federal government;
6. Establish and operate a business in New Brunswick within two years of landing; the CAD 100,000 deposit can be reclaimed after maintaining operations for at least one year.
Advantages of the NB Provincial Nominee Program:
1. Obtain permanent residency directly;
2. Low asset requirements;
3. One person applies, the whole family immigrates;
4. No backlog of old cases, fast processing time, short cycle;
5. Excellent business environment, conducive to entrepreneurship;
6. Low cost of living, comprehensive social welfare, and high-quality educational resources;
7. The only officially bilingual (English and French) province in Canada.
Visas United immigration experts state that this NB Provincial Nominee Program project, which has restarted after four years, has no backlog of old cases; it is predicted that immigration processing speed will accelerate significantly. As the quota for this project’s reopening remains limited, it is bound to cause a fierce scramble for placement. Therefore, it is recommended that investors who need to apply for the NB Provincial Nominee Program should prepare their materials and submit their applications as soon as possible to seize the opportunity!
Currently, Visas United Immigration Group’s three major units—the documentation team, the Canadian branch, and cooperative institutional partners—are in full readiness. The tripartite coordination is dedicated to helping investors successfully secure a spot and achieve their dream of immigrating to Canada. For more details, please consult: 400-138-2929.