Most provinces and territories have signed agreements with the government of Canada that allows them to nominate business immigrants who want to settle there. In most cases, you must apply directly to the province or territory to be considered under the Provincial Nominee Program (PNP).
The first step in the process is to apply to the province or territory where you want to invest and settle. The province will assess your application according to its immigration needs and if they believe you really plan to live there. After a province nominates you, you must apply to CIC for permanent residence. A CIC officer will then assess your application according to Canadian law.
Each province has its own requirements and its criteria can change without notice.
Listed below are some examples of provincial program requirements under the Entrepreneur/Business Investor Category:
Once you are approved in the entrepreneur category, to earn a nomination for permanent residence, you must invest a minimum amount of $300,000 in Regina and Saskatoon or $200,000 in any other part of the province. You must own at least 1/3rd of a business in Saskatchewan unless your total investmentis $1 million CAD or higher. You must establish a business that aligns with the points assigned in the Entrepreneurial Category Points Grid.
You must participate in the day to day management of the business. If your business is in Regina or Saskatoon, you must create at least two two employment opportunities for citizens or PRs in Saskatchewan.
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