New Brunswick Entrepreneurial Stream

The New Brunswick Entrepreneurial stream is one of the streams of the New Brunswick Provincial Nominee Program (NBPNP), a Provincial Nominee Program (PNP), operated by the province of New Brunswick. This stream is designed to target experienced business owners or senior business managers who want to live in New Brunswick.

Eligibility

Connection to New Brunswick

Only candidates who have an eligible connection to New Brunswick may submit an Expression of Interest to the New Brunswick Entrepreneurial stream. Candidates must have either visited New Brunswick for at least five business days within the last 24 months, or have participated in an Entrepreneurial Stream information session within the last 24 months to be eligible.  

Language Proficiency

To be eligible for the New Brunswick Entrepreneurial Stream, all candidates must demonstrate language proficiency in English or French consistent with Canadian Language Benchmark (CLB) level 5.  

Level of Education

Candidates must have completed either an academic degree from a college or university that required at least three years of full-time study, or a diploma in a specific trade that required at least two years of full-time study.  

Work Experience

Candidates must have sufficient work experience to demonstrate that they can successfully establish and run a business in New Brunswick. They must own at least one third (33.3%) of a business that they actively managed for at least three out of the last five years. The candidate must have been responsible for supervising at least two employees.  

Investment Requirement

Candidates need to demonstrate that they have a minimum personal net worth of at least $600,000 CAD. At least $300,000 CAD of their net worth must be readily available and unencumbered. To succeed through this stream, the candidate will have to invest at least $250,000 CAD in the business that they establish and actively manage in New Brunswick.  

Age

Candidates must be between 22 and 55 years old on the day their application is received.  

Points Assessment Grid

Candidates must score at least 65 points on the New Brunswick Entrepreneurial Stream Assessment Grid.  

Business Requirements

Applicants to the New Brunswick Entrepreneurial Stream must establish a new business or purchase an existing business in New Brunswick. In either case, the candidate must own at least one third (33.3%) of the business and be actively involved in the management of the business. The business must be of economic benefit to the province of New Brunswick. It must be a private-sector, for-profit business. The business must also create at least two full-time jobs for Canadian permanent residents or citizens.

The advantages of New Brunswick Entrepreneurial Stream

• Language Proficiency requirement is as low as CLB5
  

Experienced entrepreneurs who are ready to establish, operate and actively manage a business while living and settling in New Brunswick permanently can apply for this program. 

Provincial Nominee Program (PNP) and How it works

The Federal Government of Canada has entered into bilateral agreements with provinces and territories (except Quebec and Nunavut) to allow the provinces and territories to nominate individuals for permanent residence based on the provinces' assessment of the nominees' ability to contribute to the economic growth and development of those provinces.

Each province and territory has its own “streams” (immigration programs that target certain groups) and requirements, selecting applicants that

• have the skills, education and work experience to contribute to the economy of a specific province or territory
• want to live in that province, and
• want to become permanent residents of Canada

To obtain permanent residence via Provincial Nominee Program (PNP), you must go through two steps:

1. You must decide where you want to live in Canada and apply to that province or territory for a stream that you're eligible for. SuperVisas can help you with it in this application.
2. After a province or territory nominates you, you must apply to Immigration, Refugees and Citizenship Canada (IRCC) for permanent residence. The IRCC, a federal agency, will assess your application based on Canadian immigration law. If you have already obtained your nomination from a province or territory, please go to our program: Permanent Residence – Provincial Nominee Class.
   

Answer a few questions to find out if you'll be able to apply under Provincial Nominee Program.

Based on your answers, we will tell you what programs you may be eligible for, so be as accurate as you can.

Services provided by SuperVisas and its Regulated Canadian Immigration Consultants (RCICs):

• assess your qualifications for the Provincial Nominee Program.
• provide your with a checklist of information and documents required in support of your application.
• guide your through the process of obtaining required documents such as medical and security clearances.
  
• complete the application forms to ensure that they best show your qualifications.
• review your application package including application forms, supporting documents and Canadian Government processing fees.
• guide, provide editing comments with regard to your application.
• submit your complete application package to the Canadian government.
• communicate any government request to you and assist you in responding to any government request.
• communicate the result of your application from the government.