Newfoundland and Labrador International Entrepreneur

The International Entrepreneur category is intended for experienced business owners or senior business managers who wish to permanently reside in Newfoundland and Labrador.  They must start a new business or buy an existing business and must actively participate in the day-to-day management of the business.  After operating the business for at least one continuous year, the international entrepreneur may be nominated for permanent resident status, subject to fulfillment of certain criteria outlined by the Office of Immigration and Multiculturalism.

Eligibility

• Be 21 to 59 years of age;
• Provide a business plan with supporting financial documentation verified by a recognized third-party professional (applicants are solely responsible for payment of associated fees related to obtaining these documents);
• Have a minimum of Canadian high school diploma or equivalent foreign credential verified by an Education Credential Assessment (ECA), taken in the last five years prior to the date the EOI is submitted.
• Want to live permanently in Newfoundland and Labrador while owning and actively managing a local business that has the potential to create significant economic benefit to Newfoundland and Labrador;
• Have at least $600,000 CAD in unencumbered net business and personal assets that can readily be transferred to Canada;
• Be able to invest at least $200,000 CAD of their own money to establish a business in the Newfoundland and Labrador with a minimum ownership of 33.3 per cent, or $1 million in equity investment;
• Demonstrate ability to create at least one full-time equivalent job for local population (permanent residents and Canadian citizens);
• Demonstrate that the business is a for-profit entity with the primary purpose of earning profits through the sale of goods and/or services;
• Have at least two years’ experience actively managing and owning a business (25 per cent minimum ownership) in the last five years OR 5 or more years’ experience in a senior business management role in the last ten years;
• Have a score of at least 5 on the Canadian Language Benchmark in speaking, listening, reading and writing in English or French (acceptable tests are Canadian English Language Proficiency Program (CELPIP) General Test, or International English Language Testing System (IELTS), General Training Test; or Test d’evaluation de francais (TEF);
• Complete an online Expression of Interest (EOI); and
• Receive an Invitation to Apply from the Office of Immigration and Multiculturalism.

Advantages of Newfoundland and Labrador International Entrepreneur Stream

• The language Proficiency requirement is as low as CLB5
• The Education requirement is as low as High School

Foreign business people with the finances and management experience to own and operate a business in Newfoundland.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.