New Brunswick Entrepreneurial Stream
The New Brunswick Entrepreneur Program invites experienced foreign entrepreneurs to establish, purchase, and manage a business in the province.
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:
- 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.
- 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.
- Quick and easy online application
- Preparation of submission package
- Expert review and representation
- $1 million in insurance
- Secure encrypted document storage
How It Works
- 1Create An Account
Do an eligibility check, or pick a visa, or just sign up directly to create an account. Then you can see all the documents needed, questions you must answer, and fee payments for our services and to the government. If you have any questions, it is easy to contact our sales team or to schedule a call.
- 2Eligibility Confirmation Before Payment
First you will answer a few questions to ensure you are eligible for the visa. Only if you are eligible will the payment unlock. Making payment assigns an immigration lawyer or regulated consultant to your application. We are transparent in our process and pricing, and clearly list all the fees and processing times for your visa. Read our Transparency Pledge. We use Stripe for credit or debit card payment processing, which is secure and encrypted.
- 3Complete Your Application Online
You can complete as many of the application tasks you wish before payment. Take your time. Some visas require a lot of information, which requires answering questionnaires and uploading of documents. Our system ensures everything necessary is gathered depending on your situation - preventing errors and omissions - and saving you time.
- 4Visa Preparation and Submission
Once all the tasks are completed, our experts will review your answers and start preparing your application so that the best case is best presented. Government fees are also due once the application is completed and we can correctly calculate the government fees due. After a final review by you, and by our experts, your application will be submitted! You will have peace of mind that only comes with an accurate application.
- 5Approval and Renewals
We notify you when your visa is approved! If there are any questions or rejections from the government, we will answer them and resubmit without any further fees from us. We securely store your immigration documents for 7 years and provide alerts well before any expiry dates. Renewing or taking the next step toward citizenship is easy when all your immigration history is in one place.
Required Documents
Some documents you will need to provide, and some documents we may prepare for you.
- Business & Tax registration issued by government authority-NB
- Canadian Education Credentials
- Connection to NB
- Family's Passports
- Foreign Education Credentials
- Personal Income Taxation-NB
- Resume