Syed Khan – 23 September 2021,
Nova Scotia immigration invited 30 candidates through two streams in its latest business immigration draw. The September 13th draw was held via its Nova Scotia Nominee Program. 28 invitations were sent out through the Entrepreneur stream, and 2 invitations via the International Graduate Entrepreneur stream. The minimum score of the former was 120 points and for the latter, it was 57 points.
About the Nova Scotia Entrepreneur stream:
- This stream targets candidates who have the ownership of a business or have senior management experience.
- They must be living in Nova Scotia
- Start a new business OR buy rights and ownership of an existing business
- Actively participate in the day-to-day management of that business.
- The applicants are first issued a temporary work permit before applying for permanent residence. This is after they have participated in operating the business for a year.
- The candidates are invited to apply via an EOI
To qualify the candidate must have:
- An Expression of Interest (EOI)
- The invitation to apply from the province
- Give an in-person interview and Agreement of Business Performance
- Must possess a work permit and business establishment in Nova Scotia
- Request for Nomination
- Applied for Permanent Residence
The candidate requirements are as follows:
- The candidate must be 21 or older.
- Wish to settle permanently in Nova Scotia while owning and actively managing a business in the province.
- Have a minimum net worth of $600,000.
- Make a minimum investment of $150,000 to establish or purchase a business in Nova Scotia.
- Have a minimum of 3 years of experience in actively managing and owning a business (should possess minimum 33 percent ownership ) OR have more than 5 years of experience in a senior business management role.
- Have a score of a minimum of 5 on the Canadian Language Benchmark test in speaking, listening, reading, and writing in English or French.
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