Ontario is beginning to recruit 100 international entrepreneurs from outside Canada with $200,000 each, who want to start a business or buy an existing business in Ontario but outside the GTA.
The minimum net worth of the business outside GTA is supposed to be $400,000. This is a two-year project with the hope of creating job opportunities in the information technology, life sciences and tourism sectors.
After the business starts operation in Ontario for 18 to 20 months, the applicants will be nominated for permanent residence.
Entrepreneur Stream at a glance
This stream is for entrepreneurs from outside Canada interested in starting a new business or buying an existing business in Ontario.
It gives an entrepreneur (and up to one foreign national business partner) the opportunity to be nominated for permanent residence once their business has been established in Ontario.
The Entrepreneur Stream application is a two-stage process:
Stage 1
-
You may register an expression of interest by email.
-
If invited, submit an online application.
-
You and your business partner (if applicable) attend a mandatory interview.
-
If your stage 1 application is successful, you must sign a performance agreement.
Stage 2
-
A temporary work permit support letter will be issued so that you can apply to IRCC for a temporary work permit.
-
Establish your business
-
If your business meets all requirements, you will be asked for documentation to make sure you are eligible for nomination for permanent residence.
Why choose us?
We have been helping many applicants to become permanent residents for years and we have a high success rate. Our clients from almost 20 different countries have experienced this with us and you can be the next successful one. We know how to prepare documents and how to make your immigration process smooth and easy for you. Contact us HERE to start the process today!
If you are not a Canadian Permanent Resident yet and you are not sure what the best way for you to immigrate to Canada is, please fill out our assessment form HERE and we will get back to you with your possible options.
