More invitations issued to experienced business owners/entrepreneurs through the latest provincial nominee programs. Recently, 19 Entrepreneur Immigration candidates invited to submit a complete application by the British Columbia Provincial Nominee Program on February 27, 2019. The minimum score was 108. Through BC PNP’s online application all the selected candidates are required to initially create their profile and register them on the online portal.
In order to register, each candidate has to pay a refundable fee of $300 CAD and submit a short business concept. The points for BC PNP Entrepreneur Immigration are based on various factors, which are business ownership/senior management experience, personal net worth, and adaptability. It generally takes up to six working weeks of registration, for the BC PNP to establish accurate scores for the business concept with a maximum cumulative score of 200.
Similarly, the Nova Scotia Nominee Program (NSNP)’s Entrepreneur Stream is for skilled business owners or senior business managers who want to start or attain a business in the Atlantic Canada province and who plan to convey active and current participation in the day-to-day management and direction of a business. In a draw held on February 19, 2019, 22 immigrant entrepreneur candidates were invited by Nova Scotia to apply for provincial approval.
The stream operates on an Expression of Interest basis and the first step is to register online with the NSNP. Eligible applicants will get their scores based on the stream’s well-defined points grid and are ranked accordingly. The lowest score recorded was 112, seen in the draw of February 19, 2019.
The Nova Scotia Nominee Program offers 90 calendar days from the date of issuance to submit the complete profile for an Invitation to Apply (ITA) for an Entrepreneur Approval Letter. Initially, they will be permitted on a work permit basis approved by the Immigration, Refugees and Citizenship Canada (IRCC); upon successfully operating the business for a year and abiding the terms of the Business Performance Agreement, the candidate can request for applying a provincial nomination for permanent residence.