Entrepreneur Pathway

Entrepreneur Immigration – Base Program Overview

 

The Entrepreneur Immigration – Base Program under the British Columbia Provincial Nominee Program (BC PNP)offers an exceptional opportunity for dynamic entrepreneurs to establish or purchase businesses in one of Canada’s most economically prosperous provinces. This program is designed for individuals who not only possess the business skills necessary to succeed but also have the ambition to contribute to the province’s economy through innovation, job creation, and investment. Successful applicants are not just able to grow their businesses but can also transition to permanent residency in Canada, benefiting from its welcoming and thriving entrepreneurial ecosystem.

 

British Columbia, known for its natural beauty, diverse economy, and business-friendly environment, is the perfect setting for entrepreneurs eager to start or expand their enterprises. With strategic access to global markets, a strong labor force, and a culture of innovation, British Columbia offers unlimited potential for entrepreneurial success. The BC PNP Entrepreneur Immigration – Base Program is designed to help business-minded individuals realize their goals while actively contributing to the economic landscape of the province.

Eligibility Overview

 

To qualify for the BC PNP Entrepreneur Immigration – Base Program, applicants must meet strict criteria related to their personal wealth, business experience, investment capacity, and job creation potential. This program is tailored for those with the financial means, entrepreneurial mindset, and leadership skills to drive a successful business and integrate into British Columbia’s business community. Applicants must be prepared to adhere to a series of performance requirements that demonstrate their ongoing commitment to the success of their business and to the local economy.

 

Personal Requirements

 

  1. Personal Net Worth:
  • To be eligible, applicants must have a minimum personal net worth of CAD $600,000. This requirement ensures that applicants possess the financial stability necessary to support their business endeavors in British Columbia. The net worth can include assets owned by the applicant’s spouse or common-law partner, as well as dependent children, if applicable. However, all assets and liabilities must be verifiable and legally obtained. Transparency and full disclosure are paramount in this process, ensuring that the source of funds is legitimate and traceable.

 

  1. Business and Management Experience:
  • Applicants must have at least 36 months (three years) of experience as an active business owner-manager. In this role, the individual must have been directly involved in the day-to-day operations and decision-making of a company in which they held a minimum ownership of 10%. Alternatively, applicants with 48 months (four years)of experience as a senior manager overseeing at least three employees may also qualify.
  • Applicants who have a combination of 12 months as an active business owner-manager and 24 months of senior management experience may also meet the eligibility criteria.

 

  1. Language Proficiency:
  • A minimum Canadian Language Benchmark (CLB) level 4 proficiency in either English or French is required, covering all four competencies: speaking, listening, reading, and writing. This ensures that entrepreneurs can effectively communicate in business settings and interact with employees, clients, and local communities.

 

  1. Legal Immigration Status:
  • Applicants must have been lawfully admitted in their current country of residence and must either have or be eligible for legal immigration status in Canada. The BC PNP only accepts individuals who meet immigration requirements and can legally live and work in Canada.

 

Business, Investment, and Job Creation Requirements

 

  1. Business Proposal:
  • A comprehensive business proposal is required to demonstrate the viability of your business idea. Your proposal should clearly outline how the business will address an existing market need, its potential for long-term success, and how it will contribute to the economic growth of British Columbia. Researching key sectors, regional needs, and local industries is critical to ensure that your business aligns with provincial priorities. The Trade and Invest British Columbia website offers valuable insights into key sectors such as technology, clean energy, tourism, and manufacturing.
  • Applicants are encouraged to propose businesses that will directly benefit the local economy by creating jobs and contributing to economic development. The proposal must also be clearly aligned with British Columbia’s growth sectors and regional opportunities.

 

  1. Investment Requirements:
  • Applicants must make a minimum investment of CAD $200,000 from their personal net worth into the business. This investment must be used for essential business activities such as equipment purchases, leasehold improvements, employee wages, marketing, and operational expenses. The business must operate in one specific location in British Columbia and demonstrate long-term sustainability and profitability.
  • Eligible investments should directly contribute to business operations and growth, ensuring that the funds are utilized effectively for the establishment or expansion of the business.

 

  1. Job Creation:
  • A key requirement is the creation of at least one full-time permanent job for a Canadian citizen or permanent resident within 14 months of business commencement. The job must be a Full-Time Equivalent (FTE) position, meaning it requires a minimum of 30 hours per week for one employee. The creation of local jobs is a critical element of the program and plays a vital role in ensuring that businesses contribute to the regional workforce.
  • Independent contractors or foreign workers will not count toward the job creation requirement. The job must be sustainable, and applicants are expected to demonstrate the long-term viability of the position.

 

  1. Business Location and Residency:
  • The proposed business must be established in British Columbia, and applicants must reside within 50 kilometers of the business location, unless otherwise specified in the performance agreement. This residency requirement ensures that entrepreneurs are actively engaged in the operations of their businesses and contribute to the local economy.
  • Applicants must also demonstrate the intention to reside in the province while operating the business and be physically present in B.C. for at least 75% of the time while holding a work permit.

 

Fees and Application Process

 

  1. Registration Fee:
  • A non-refundable registration fee of CAD $300 is required when submitting your business concept. This fee ensures that your application is processed and evaluated by the BC PNP.

 

  1. Application Fee:
  • Upon receiving an invitation to apply, applicants must submit a complete application along with a CAD $3,500 application fee. This fee covers the administrative costs of processing your application and reviewing your business plan and supporting documents.

 

  1. Application Process:
  • Step 1: Business Proposal Preparation: Craft a detailed and feasible business proposal, showcasing your experience and aligning your business with provincial growth strategies. The proposal must demonstrate how the business will contribute to the local economy and create jobs.
  • Step 2: Registration: Once the proposal is complete, applicants must register through the BC PNP Onlinesystem, where they will provide a summary of their business concept and personal details. The BC PNP uses a points-based system to evaluate each application based on factors such as human capital, business experience, and the economic potential of the proposed business.
  • Step 3: Scoring and Pool Placement: Your registration will be scored based on various factors. Those who meet the minimum required score will enter the qualified pool, where they may receive an invitation to apply.
  • Step 4: Invitation to Apply and Accountant Verification: If selected from the pool, you will receive an invitation to apply. At this stage, an authorized accounting firm must verify your personal net worth and confirm the legality of your funds.
  • Step 5: Work Permit Application: After the application is approved, BC PNP will issue a letter of support, which you will use to apply for a work permit. This allows you and your family to move to B.C. and begin implementing your business plan.
  • Step 6: Business Implementation: Once you receive your work permit, you will have up to 20 months to establish and manage your business according to the terms of your business plan and performance agreement.

 

Performance Expectations and Nomination

 

The BC PNP Entrepreneur Immigration – Base Program places a strong emphasis on active business managementand ongoing involvement. Entrepreneurs must fulfill the following expectations:

  • Active Management: Entrepreneurs must be directly involved in the daily operations of their business. Passive involvement is not acceptable, and you must take an active role in decision-making and management.
  • Job Creation: Beyond the establishment of the business, entrepreneurs must create at least one full-time, permanent job for a Canadian citizen or permanent resident.
  • Residency Requirements: Applicants must reside within 50 kilometers of their business and be physically present in the province for at least 75% of the time during their work permit period.

 

Co-Registrants:

 

For applicants who wish to partner with others, the BC PNP allows for the inclusion of co-registrants under a single business proposal. Co-registrants are individuals who will also be actively involved in the business venture and contribute to meeting the program’s requirements. The following conditions apply to co-registrants:

  • Co-registrant Eligibility: Each co-registrant must meet all the eligibility requirements outlined in the program guide. They must also submit their registration separately and provide a rationale for why they are partnering with the primary registrant.
  • Investment and Job Creation: Each co-registrant must contribute to the total personal investment and meet job creation requirements. If the business involves a purchase or improvement of an existing business, the BC PNP will recognize up to CAD $150,000 for each co-registrant’s share of the purchase price.
  • Separate Assessments: Each co-registrant’s application will be assessed separately, and there is no guarantee that both will be approved. Both co-registrants must meet the minimum required points in the business concept score (at least 40 points) and the total score (at least 115 points).
  • Co-registrant Scoring: If there is a partnership between two co-registrants, the BC PNP will adjust their individual scores to match the lowest scoring co-registrant in the partnership. Both must meet the minimum requirements to be eligible for a nomination.

Permanent Residency Process

 

Upon fulfilling the performance agreement and meeting all business, job creation, and residency requirements, the entrepreneur must submit a final report. This report demonstrates that all conditions of the business plan and performance agreement have been met. If everything is in compliance, the entrepreneur will receive a Confirmation of Nomination and will be eligible to apply for permanent residency under the Provincial Nominee Class.

CriteriaEI – Base StreamEI – Regional Stream
Experience (within past 10 years)At least 3+ years as a business owner-manager OR 4+ years as a senior manager OR combination of 1+ year owner-manager & 2+ years senior managerSame as Base
Minimum Net WorthCAD $600,000CAD $300,000
EducationPost-secondary credential OR 100% ownership and active management of a business for at least 36 of the last 60 monthsSame as Base
Business ProposalNew business or purchase of an existing business in B.C.New business only; must be aligned with and referred by a participating community
Ownership RequirementMinimum 33.33% ownershipMinimum 51% ownership
Minimum InvestmentCAD $200,000CAD $100,000
Job CreationMinimum one full-time equivalent job for a Canadian citizen or permanent residentSame as Base
Business LocationAnywhere in B.C.Only in participating rural/regional communities
Exploratory VisitNot required, but strongly recommendedMandatory before registration
Language RequirementCLB 4 in English or French. Language test results must be submitted at final report (if not submitted earlier).CLB 4 in English or French. Language test results must be submitted at registration.
Partner with BC PNP co-registrantAllowedNot allowed
Partner with Local Business/PersonAllowedAllowed
Registration PointsTotal: 200 points (120 self-declared, 80 business concept). Minimum 40 points in business concept. Must score at least 115 points overall to qualify.Total: 200 points (140 self-declared, 60 business concept). No minimum for business concept. Must score at least 105 points overall to qualify.
Registration Processing TimeTypically within 6 weeksTypically within 4 weeks
Net Worth VerificationRequired after invitation to applySame as Base
Application Processing TimeApproximately 4 monthsSame as Base
Interview RequirementYesYes
Final Report SubmissionMinimum 18 months after issuance of work permitMinimum 12 months after issuance of work permit

Entrepreneur Immigration – Base Program: Step-by-Step Process

 

The Entrepreneur Immigration – Base Program under the British Columbia Provincial Nominee Program (BC PNP)is a multi-phase process that involves several important stages. This program is specifically designed to help entrepreneurs who want to establish or buy a business in British Columbia, create jobs, and contribute to the economic growth of the province. The process is carefully structured to ensure that applicants meet the required criteria for both business success and their long-term integration into British Columbia’s economy.

1. Preparing Before You Register

 

Before you begin the registration process for the BC PNP Entrepreneur Immigration Base Program, it is crucial to undertake some essential preparations and research:

 

(A) Preparation and Business Research

  • Conduct thorough market research to understand the business landscape in British Columbia.
  • Identify key sectors and regions that align with your business expertise, market needs, and personal goals.
  • Consider factors like demand for products or services, local competition, and economic trends.
  • Leverage resources from Trade and Invest British Columbia for insights into regional opportunities and economic benefits.

 

(B) B.C.’s Regions

  • Research the various regions of British Columbia to understand the economic dynamics and opportunities specific to each area.
  • Consider factors such as business ecosystem, cost of living, labor market, and infrastructure.

 

(C) Online Resources

  • Utilize online resources such as the BC PNP website and Starting a Small Business Guide to understand the program requirements and business environment.
  • Explore government resources that provide detailed guidelines for setting up a business in B.C.

 

(D) Purchasing an Existing Business (If Applicable)

  • If you are considering purchasing an existing business, research potential opportunities that match your interests and investment capabilities.
  • Ensure the business has the potential for growth and that it fits within the eligibility requirements of the BC PNP.

2. Registering with the BC PNP

 

Once you’ve prepared your business idea and gathered all necessary information, the next step is to register your business concept with the BC PNP.

 

(A) Registration Overview

  • The BC PNP registration is an online process where you submit your business proposal and personal details.
  • Your registration must clearly outline your business idea, your experience, and how your business will benefit British Columbia’s economy.

 

(B) Creating Your Profile

  • Create a profile on BC PNP Online. This will involve providing personal details, business experience, educational background, and language proficiency.

 

(C) Completing the Registration

  • Complete the registration form, which includes a brief description of your business concept, investment plans, and job creation objectives.
  • Include any required documents, such as proof of net worth and other relevant details.

 

(D) Submitting Your Registration

  • After completing the form and uploading all necessary documents, submit your registration online.

 

(E) Registration Scoring

  • BC PNP uses a points-based system to evaluate your registration based on factors like your experience, education, language skills, and the economic viability of your business idea.
  • Your registration will be assessed against these criteria to determine your eligibility.

 

(F) Qualified Pool

  • Once submitted, your registration will be placed in the qualified pool. You must meet the minimum criteria to be eligible for an invitation to apply.

 

(G) Invitation to Apply

  • If you meet the required points threshold, you will receive an invitation to apply. This invitation allows you to proceed with your full application to BC PNP.

3. Applying to the BC PNP

 

After receiving an invitation to apply, you will need to submit a more detailed application for further evaluation.

 

(A) Net Worth Review

  • A qualified accountant will review your personal net worth and verify the legitimacy of your financial resources.
  • You must provide detailed documentation about your assets, liabilities, income sources, and how you accumulated your wealth.

 

(B) Submitting Your Application

  • Once your net worth is verified, submit your complete application through BC PNP Online, including a detailed business plan, supporting documents, and the application fee.

 

(C) Application Assessment

  • BC PNP will assess your application based on the provided documents, business plan, and financial verification.
  • This assessment will also consider the viability of your business, its potential to create jobs, and its alignment with the province’s economic goals.

 

(D) Interview

  • If required, BC PNP may invite you for an interview to further evaluate your business experience, the feasibility of your business plan, and your ability to contribute to the local economy.

 

(E) Performance Agreement

  • Upon approval of your application, you will sign a Performance Agreement with the BC PNP, outlining your business goals, timelines, and expectations for job creation and business success.

4. Business Establishment

 

Once your application is approved, you will need to establish your business in British Columbia.

 

(A) Arrival

  • After receiving approval, you will apply for a work permit to enter Canada and establish your business in British Columbia. You must arrive in the province within 12 months of receiving your work permit.

 

(B) Building Your Business in B.C.

  • You will have up to 20 months to implement your business plan, actively manage your business, and meet the Performance Agreement expectations.
  • Your business must be operational and growing in line with the goals outlined in your application.

 

(C) Post-Arrival Progress Check-in

  • You will have progress check-ins with BC PNP to ensure that your business is meeting the required performance milestones, such as job creation and investment expenditures.

5. Nomination

 

Once your business has been established, and you’ve met the conditions outlined in your Performance Agreement, you will proceed with the nomination process.

 

(A) Final Report

  • After 18 to 20 months in British Columbia, you will submit a final report outlining your business operations, job creation efforts, investment expenditures, and overall progress.
  • The BC PNP will review the final report to ensure that you have met the terms of your agreement.

 

(B) Conditions of Nomination

  • If BC PNP is satisfied with your progress, you will sign a Conditions of Nomination declaration, confirming that you have met the requirements of the program and are eligible for nomination.

 

(C) Nomination

  • After signing the declaration, BC PNP will issue a nomination for permanent residence, which allows you to apply to Immigration, Refugees, and Citizenship Canada (IRCC) for permanent residency under the Provincial Nominee Class.

6. After Nomination: Permanent Residence

 

The final step involves applying for permanent residence and completing the work permit process.

 

(A) Applying to IRCC for Permanent Residence

  • After receiving your nomination from BC PNP, you can submit an application for permanent residence to IRCC.
  • BC PNP’s nomination significantly enhances your chances of being approved for permanent residency under the Provincial Nominee Class.

 

(B) Work Permit Extensions

  • If necessary, you can apply for work permit extensions while awaiting the processing of your permanent residence application.

Contact Change of Phase Consulting Ltd.

 

Change of Phase Consulting Ltd. is here to help you with every aspect of the BC PNP process.

 

Contact us today to get started:

  • What is the BC PNP Entrepreneur Immigration - Base Program?

    The BC PNP Entrepreneur Immigration - Base Program is a pathway for individuals to establish or purchase a business in British Columbia, Canada, and eventually gain permanent residency. The program is designed for entrepreneurs who can meet specific criteria related to personal wealth, business experience, investment, and job creation.

  • Who is eligible to apply for this program?

    To qualify for the program, you must meet the following requirements:

    • Personal Net Worth: A minimum of CAD $600,000, which can include assets of your spouse or common-law partner.
    • Business Experience: At least 36 months (3 years) of active business ownership or senior management experience. Alternatively, a combination of 12 months as an owner-manager and 24 months as a senior manager may also qualify.
    • Language Proficiency: A minimum CLB level 4 in English or French.
    • Legal Status: You must be lawfully admitted to the country where you currently reside and be eligible for legal immigration status in Canada.

  • What type of business can I establish under this program?

    You can propose to either establish a new business or purchase and improve an existing business in British Columbia. The business should be economically viable and should contribute to the local economy by creating jobs. It should also align with the province's strategic economic sectors, such as technology, clean energy, manufacturing, tourism, and agriculture.

  • How much investment is required?

    The program requires a minimum investment of CAD $200,000 from your personal net worth into the proposed business. This investment must be used for business operations, including purchasing equipment, marketing, and operational expenses.

  • How many jobs must I create under this program?

    You must create at least one full-time permanent job for a Canadian citizen or permanent resident within 14 months of your arrival in British Columbia. The job must be a Full-Time Equivalent (FTE) position, meaning a job that requires at least 30 hours per week.

  • What is the process for applying to the BC PNP Entrepreneur Immigration program?

    1. Prepare a Business Proposal: Develop a detailed and viable business proposal outlining your business idea, its potential for success, and its economic impact on British Columbia.
    2. Register Online: Submit your business proposal through the BC PNP Online system, including your personal details and business concept. A CAD $300 non-refundable registration fee is required.
    3. Scoring and Pool Placement: Your registration will be evaluated based on a points system, which considers factors such as your experience, business concept, and language proficiency. If you meet the minimum requirements, you will be placed in the qualified pool.
    4. Invitation to Apply: If selected from the pool, you will receive an Invitation to Apply. You will need to have your personal net worth verified by an authorized accounting firm before submitting your application.
    5. Work Permit Application: Once your application is approved, you will receive a letter of support to apply for a work permit, allowing you to move to British Columbia and start your business.
    6. Business Implementation: After arriving in B.C., you will have up to 20 months to establish and manage your business according to the business plan.
    7. Nomination for Permanent Residency: If you meet all the requirements, you will submit a final report demonstrating that you have adhered to the conditions of your business plan. If successful, you will receive a confirmation of nomination for permanent residency.

  • How long does the entire process take?

    The timeline for the program can vary, but the general process is as follows:

    • Registration: Once your business proposal is submitted, it will be evaluated, and you may receive an Invitation to Apply within several months.
    • Work Permit: After receiving the invitation, you must submit a full application, which could take up to four months to process. Once approved, you will receive a work permit that allows you to move to B.C.
    • Business Operation: After arriving in B.C., you must operate your business for up to 20 months before submitting your final report.
    • Permanent Residency Nomination: After meeting all the program's requirements, you will submit your final report and, if approved, be nominated for permanent residency.
  • Can I partner with someone else for the business proposal?

    Yes, you can partner with co-registrants under the same business proposal. However, both co-registrants must meet the program's eligibility requirements independently. Each co-registrant will be evaluated separately, and there is no guarantee that both will be approved. If you choose to partner, each co-registrant will contribute to the personal investment and job creation requirements. The combined scores of both co-registrants will determine whether the application is successful.

  • What are the specific requirements for co-registrants?

    Co-registrants must meet the following criteria:

    • Both co-registrants must meet the program’s eligibility requirements independently.
    • Each co-registrant must submit their registration through BC PNP Online and provide a rationale for the partnership.
    • Job Creation: Each co-registrant must demonstrate the creation of at least one full-time permanent job for a Canadian citizen or permanent resident.
    • Investment: The co-registrants’ combined personal investment must meet the required threshold.
    • Scoring: Both co-registrants must have a business concept score of at least 40 points and a total score of at least 115 points for the partnership to be considered. The final score will be adjusted to match the lowest co-registrant's score.

  • What happens if my application is refused?

    If your application is refused, you can request a reconsideration or submit a new application. The BC PNP will provide the reasons for refusal, which may include issues related to incomplete documentation, failure to meet eligibility criteria, or failure to demonstrate active involvement in business operations.

  • What are the language requirements for this program?

    Applicants must demonstrate basic proficiency in either English or French, equivalent to CLB level 4 in all four competencies (listening, speaking, reading, writing). This ensures that entrepreneurs can effectively manage their business and communicate with employees, clients, and the community. Language proficiency must be provided through a valid language test (IELTS or TEF).

  • Can I change my business proposal after submitting my registration?

    No, once you submit your business concept for registration, it cannot be changed. You must decide on the specific business type and structure before submission. If the BC PNP accepts your registration, your application will be evaluated based on the concept as initially submitted.

  • What happens after I receive a work permit?

    Once you receive your work permit, you and your family must arrive in British Columbia within 12 months to begin implementing your business plan. You will have up to 20 months to actively manage your business, fulfill job creation requirements, and adhere to the terms outlined in your performance agreement. After meeting the requirements, you will submit a final report, which will be reviewed by BC PNP.

  • What is the final report, and when do I submit it?

    The final report is submitted between 18 and 20 months after your arrival in British Columbia. This report outlines your progress in meeting the terms of your performance agreement, including job creation, investment, and business operation. The BC PNP will assess whether you have adhered to your commitments, and if successful, you will be nominated for permanent residency.

  • How do I get permanent residency?

    If your final report meets all the program’s criteria, you will receive a confirmation of nomination from the BC PNP. You can then apply for permanent residency to Immigration, Refugees and Citizenship Canada (IRCC) under the Provincial Nominee Class. Upon approval, you and your family will be granted permanent residency status in Canada.

At Change of Phase Consulting, we specialize in helping entrepreneurs navigate the complex and often overwhelming process of immigrating to Canada through the BC PNP Entrepreneur Immigration – Base Program. With our extensive experience and in-depth understanding of Canadian immigration law, we guide clients from all corners of the world to successfully establish their businesses and secure permanent residency in British Columbia.

 

Here’s how Change of Phase Consulting can assist you through every step of the BC PNP Entrepreneur Immigration Base Program:

1. Preparation and Business Research

Comprehensive Business Research & Market Insights

Before initiating the registration process, we provide a thorough market analysis to help you identify viable business opportunities in British Columbia. Our experts will conduct in-depth research tailored to your business concept, ensuring that your idea aligns with the province’s economic priorities and growth sectors.

Targeted Regional Advice

We also help you evaluate which regions in British Columbia best suit your business needs. With insights into regional economies, local industry opportunities, and business incentives, we ensure that your business is positioned for long-term success.

2. BC PNP Registration

 

Creating a Strong, Impactful Profile

The registration process is a critical stage, as it determines whether you will be selected for the BC PNP Entrepreneur Immigration – Base Program pool. At Change of Phase Consulting, we help you craft a strong business profile that showcases your experience, financial strength, and business idea effectively. We assist you in presenting a business concept that stands out in a competitive field.

 

Completing Registration & Scoring Optimization

Our team ensures that every aspect of the registration is meticulously completed, maximizing your score based on factors such as your business experience, language proficiency, and investment potential. We work with you to ensure your registration meets or exceeds the minimum requirements for placement in the qualified pool.

3. BC PNP Application

 

Accurate Documentation & Net Worth Verification

Once you receive your Invitation to Apply, we guide you through the process of submitting your detailed application. This includes a critical review and verification of your personal net worth by an authorized accounting firm. We assist in compiling and organizing all documentation necessary for a smooth and successful application process.

 

Business Plan Development

A strong business plan is essential to demonstrate the viability of your business. Our consultants have deep expertise in creating detailed, comprehensive business plans tailored to the BC PNP’s criteria. This includes financial projections, market analysis, and strategic growth plans that meet all the program’s requirements.

4. Work Permit Application

 

Streamlined Work Permit Process

Once your application is approved, we assist you in obtaining your work permit, which is essential for your entry into Canada and the establishment of your business. We will guide you through the entire work permit application process, ensuring all documentation is complete and submitted in a timely manner.

5. Business Establishment & Post-Arrival Assistance

 

On-the-Ground Support in British Columbia

After arriving in British Columbia, we provide ongoing support to ensure the successful implementation of your business plan. This includes regular check-ins, progress evaluations, and support in meeting key milestones, such as job creation and investment obligations.

 

Post-Arrival Business Strategies

Our consultants will help you implement effective business strategies, ensuring that you meet the performance expectations outlined in your Performance Agreement with the BC PNP.

6. Nomination and Permanent Residence

 

Final Report & Nomination Assistance

As your business reaches maturity, we guide you in preparing your final report for submission to BC PNP, showcasing your success in meeting the business, investment, and job creation requirements. We will help you navigate this stage to ensure that you receive your nomination for permanent residency in Canada.

 

Application for Permanent Residency

Once nominated, we assist you in applying for permanent residence with Immigration, Refugees and Citizenship Canada (IRCC). Our team is well-versed in all aspects of the Provincial Nominee Class and ensures that your application for permanent residency is thorough, timely, and well-documented.

What Sets Change of Phase Consulting Apart?

 

At Change of Phase Consulting, we are not just a consulting firm; we are your trusted partner in the journey to Canadian immigration and business success. Here’s what sets us apart:

 

  1. Expertise in Entrepreneurial Immigration

With over 17 years of experience in the immigration consulting industry, we specialize in helping entrepreneurs navigate the complexities of Canadian immigration laws, particularly for those interested in the BC PNP Entrepreneur Immigration streams. Our expertise extends beyond just the application process—we focus on long-term business success in Canada.

 

  1. Tailored Business Solutions

We recognize that every entrepreneur’s journey is unique. That’s why we provide personalized business advicetailored to your specific skills, experience, and goals. Whether you’re starting a new business or purchasing an existing one, our consultants offer strategic advice to help you succeed in British Columbia’s diverse economy.

 

  1. Proven Track Record of Success

Change of Phase Consulting has a proven track record of helping entrepreneurs successfully navigate the BC PNP and achieve permanent residency in Canada. With over 4,000 clients served and numerous successful cases, we bring the knowledge and expertise you need to make your business and immigration goals a reality.

 

  1. Comprehensive Support Services

From preparing business proposals and net worth verifications to post-arrival support, we offer end-to-end services that ensure your success at every step. We’re with you through each phase of the program, providing guidance, resources, and the support needed to thrive in British Columbia.

 

  1. In-Depth Knowledge of BC PNP Criteria

We stay up to date with all regulatory changes and updates to the BC PNP Entrepreneur Immigration – Base Program. This ensures that our clients receive the most current and accurate advice, maximizing their chances of success.

 

  1. Accessibility and Client-Centered Service

We understand the importance of clear, prompt communication. Whether you prefer reaching us by phone, email, or our user-friendly website, we ensure that you receive timely updates and quick responses. At Change of Phase Consulting, our clients are our priority.

 

 

  1. Holistic Approach to Business Growth

Unlike other consulting firms, we focus on both business development and immigration success. Our team has extensive experience in business strategy and is committed to helping you build a sustainable, profitable business that not only meets the BC PNP’s requirements but also positions you for long-term success in the Canadian market.

Why Choose Change of Phase Consulting?

 

  • Expert Guidance at Every Step: From registration to permanent residence, we ensure your journey is smooth and successful.
  • Proven Success in Entrepreneur Immigration: Our extensive experience and successful track record speak for themselves.
  • Tailored Solutions for Every Entrepreneur: We recognize the uniqueness of each entrepreneur and offer personalized strategies.
  • Comprehensive Support: We provide all the resources and assistance you need to establish your business and secure your future in Canada.

 

Whether you’re looking to start a new business or buy and improve an existing one in British Columbia, Change of Phase Consulting is here to help you navigate the BC PNP Entrepreneur Immigration – Base Program. With our expertise, personalized approach, and commitment to your success, we stand as your trusted partner throughout your Canadian immigration journey.

 

Contact us today to begin your path toward permanent residency and entrepreneurial success in Canada!

Manitoba Provincial Nominee Program (MPNP) Entrepreneur Pathway (EP)

 

The Manitoba Provincial Nominee Program (MPNP) Entrepreneur Pathway (EP) is a specialized immigration pathway for experienced entrepreneurs who seek to establish, purchase, or partner in a business within Manitoba, Canada. This pathway is designed for business owners who demonstrate strong entrepreneurial experience, financial capacity, and a commitment to contributing to Manitoba’s economic growth.

 

Through this program, successful applicants are granted a temporary work permit upon arrival in Manitoba to establish their business. After fulfilling the terms and conditions of the program, applicants can transition to permanent residency in Canada. The program provides an excellent opportunity for entrepreneurs to create and manage businesses in Manitoba, benefiting from the province’s supportive business environment and high quality of life.

Key Features and Benefits

No Upfront Deposit Required

The Entrepreneur Pathway (EP) replaces the previous MPNP-B stream, which required a $100,000 CAD deposit. The removal of this requirement makes the process more accessible and reduces the financial burden on applicants, allowing them to focus on building their business in Manitoba.

Tailored for Business Owners and Senior Managers

The pathway is ideal for entrepreneurs with a proven track record in managing and growing businesses. Whether you are an active business owner or a senior manager in a successful business, this program recognizes and rewards your experience in contributing to business success.

Eligible for a Work Permit

Upon receiving approval, entrepreneurs will be granted a temporary work permit, allowing them to set up their business operations in Manitoba and start contributing to the local economy.

Eligibility Requirements

To be eligible for the Manitoba Entrepreneur Pathway, applicants must meet the following criteria:

Business Experience

  • A minimum of three (3) years of full-time work experience in the last five (5) years either as an active business owner (with at least 33% ownership) or working in a senior management role within a successful business.
  • Business owners are awarded higher points compared to senior managers.
  • To qualify for points as a business owner, the applicant must hold at least 33 1/3% ownership of the business.

Net Worth

  • The applicant must have a minimum personal net worth of $500,000 CAD.
  • This net worth will be verified by an approved third-party supplier, and the verification report must be submitted within 120 days of receiving the Letter of Advice to Apply (LAA).

Language Proficiency

  • The applicant must demonstrate CLB/NCLC Level 5 proficiency in English or French to ensure effective communication in the local business environment.

Education

  • A minimum of Canadian high school certificate equivalency is required. Higher educational qualifications are an asset.

Business Investment Requirements

The investment required depends on the location of the business within Manitoba:

  • Winnipeg Metropolitan Region: The minimum investment is $250,000 CAD.
  • Outside Winnipeg Metropolitan Region: The minimum investment is $150,000 CAD.

The proposed business must:

  • Be an eligible business as defined by the MPNP.
  • Create or maintain at least one full-time job for a Canadian citizen or permanent resident (excluding business owners or their close relatives).

A business plan detailing the investment and job creation strategy is required as part of the application process.

Step-by-Step Application Process

 

Step 1: Self-assess Your Eligibility and Conduct Business Research

 

Before starting your application, it is important to self-assess your eligibility for the Entrepreneur Pathway using the Self-Assessment Form. This will help you understand whether you meet the minimum requirements and determine your ranking score under the program.

 

Key Eligibility Criteria:

  • Business experience: Minimum 3 years in business or senior management role.
  • Net worth: Minimum of $500,000 CAD.
  • Language proficiency: CLB/NCLC 5.
  • Education: Equivalent to Canadian high school certificate.

 

Additionally, we recommend conducting a business research visit to Manitoba. This visit provides valuable insight into Manitoba’s business environment and allows you to attend information sessions on the Business Investor Stream (BIS), which will help you gain a deeper understanding of business opportunities and regulatory requirements in the province.

Step 2: Submit Your Expression of Interest (EOI)

 

Once you’ve assessed your eligibility and conducted the business research visit, you can submit your Expression of Interest (EOI) to the MPNP. The EOI should include the following forms:

 

  • Business Concept Form
  • Self-Assessment Form
  • MPNP Code of Conduct

 

The MPNP will review your EOI and provide either a Letter of Advice to Apply (LAA) if your submission meets the program’s requirements or a feedback letter if the EOI is found unsatisfactory. Currently, EOI draws for the Business Investor Stream are not being conducted, but MPNP aims to review all submissions within four weeks.

Step 3: Receive a LAA and Submit Your Complete Application

 

After receiving an LAA, you will be required to:

  • Submit your complete application along with a $2,500 CAD processing fee (non-refundable).
  • The MPNP will assign your application to a Business Immigration Officer (BIO) for review and assessment based on the established eligibility criteria.

Step 4: Assessment of Your Application

 

Once your application is complete, it will be assessed by the MPNP’s Business Immigration Officer (BIO). The review focuses on whether your application meets the program’s eligibility criteria, including your ability to contribute economically to Manitoba.

 

  • The MPNP may prioritize applications for businesses that offer a significant economic benefit to the province.
  • The application will be reviewed by at least two BIOs who will provide a final recommendation for approval or refusal.

 

During the assessment, you may be invited to attend an interview if further clarification is needed.

Step 5: Establish Your Business in Manitoba and Fulfill the BPA

 

Once your work permit is issued, you will arrive in Manitoba to establish your business. Within 30 days of arrival, you must notify the MPNP of your Manitoba address and telephone number. You will also be assigned a Business Immigration Officer (BIO) to guide you through the business setup and ensure you meet all terms outlined in the Business Performance Agreement (BPA).

Key Requirements:

  • Execute your business plan as agreed.
  • Understand and comply with Manitoba’s business regulations and local culture.
  • Connect with business support agencies to assist in your start-up process.

Progress reports are required:

  • First Progress Report: Submit within six months of arrival.
  • Final Progress Report: Submit no later than 20 months after arrival.

Step 6: Final Recommendation and Nomination

 

Once you fulfill the terms outlined in your BPA, your application will be reviewed for nomination. If the MPNP is satisfied with your progress, a Confirmation of Nomination will be issued, leading to permanent residency.

 

If you fail to meet the BPA conditions or breach any terms, the MPNP may recommend refusing your application.

Additional Adaptability Factors

 

Manitoba offers additional points for applicants who demonstrate strong ties to the province, including:

  • Language proficiency of your spouse or common-law partner (CLB/NCLC 5 or higher).
  • A close relative residing in Manitoba for over one year.
  • Your child’s enrollment in an accredited Manitoba educational institution.
  • Completion of full-time study or work experience in Manitoba.

 

These factors help ensure your successful integration into the province’s business environment and community.

Contact Change of Phase Consulting Ltd.

 

The Manitoba Entrepreneur Pathway provides an attractive opportunity for skilled business owners and senior managers to establish themselves and their businesses in Canada. With a comprehensive application process, robust support systems, and the potential for long-term success, the MPNP offers a structured route to permanent residency through entrepreneurship.

 

At Change of Phase Consulting, we specialize in guiding entrepreneurs through each step of the MPNP Entrepreneur Pathway, ensuring that your application is prepared thoroughly and stands out for success. Our team offers expert advice and support throughout the entire process, from the initial assessment to business establishment and final nomination.

 

Change of Phase Consulting Ltd. is here to help you with every aspect of the MPNP process.

 

Contact us today to get started:

  • What is the Manitoba Entrepreneur Pathway (EP)?

    The Manitoba Entrepreneur Pathway (EP) is a business immigration program under the Manitoba Provincial Nominee Program (MPNP) that allows qualified entrepreneurs from around the world to establish, purchase, or partner in a business in Manitoba. Applicants are granted a temporary work permit to establish their business, and upon fulfilling the terms of the program, they can transition to permanent residency.

  • Who is eligible to apply for the Manitoba Entrepreneur Pathway?

    To be eligible, applicants must meet the following criteria:

    • Business Experience: A minimum of three years of full-time work experience in the past five years either as an active business owner (holding at least 33% ownership) or in a senior management role.
    • Net Worth: A minimum personal net worth of $500,000 CAD.
    • Language Proficiency: Minimum CLB/NCLC Level 5 in either English or French.
    • Education: At least Canadian high school equivalency.

  • What are the investment requirements for the program?

    The minimum investment required depends on the business location within Manitoba:

    • Winnipeg Metropolitan Region: A minimum investment of $250,000 CAD.
    • Outside the Winnipeg Metropolitan Region: A minimum investment of $150,000 CAD.

    The business must be eligible under the MPNP guidelines and must create or maintain at least one full-time job for a Canadian citizen or permanent resident.

  • Is there a requirement for a business research visit to Manitoba?

    Yes, it is highly recommended to conduct a business research visit to Manitoba before submitting your Expression of Interest (EOI). This visit helps you gain valuable insight into Manitoba's business environment and allows you to attend information sessions organized by the MPNP. These sessions provide key details about the Business Investor Stream (BIS) and doing business in Manitoba.

  • How do I submit my Expression of Interest (EOI)?

    Once you have completed your business research visit and eligibility self-assessment, you can submit your Expression of Interest (EOI) to the MPNP by email to [email protected]. You must include the following forms:

    • Business Concept Form
    • Self-Assessment Form
    • MPNP Code of Conduct

  • What happens after I submit my Expression of Interest (EOI)?

    After submitting your EOI, the MPNP will review it and provide either:

    • Letter of Advice to Apply (LAA) if your submission meets the program’s criteria.
    • Feedback letter if your EOI is found to be unsatisfactory.

    The MPNP aims to review EOIs within four weeks.

  • What is the processing fee for the application?

    If you receive a Letter of Advice to Apply (LAA), you will need to submit your full application along with a non-refundable processing fee of $2,500 CAD.

  • How long does the assessment of my application take?

    Once you submit your complete application, it will be assigned to a Business Immigration Officer (BIO) for assessment. The MPNP reviews applications based on the eligibility criteria and may prioritize businesses that contribute significantly to Manitoba’s economy.

    Applications are assessed thoroughly, and the review typically takes several months. During this period, the MPNP may ask for additional documents or clarification.

  • What is the Business Performance Agreement (BPA)?

    The Business Performance Agreement (BPA) is a contract between the applicant and the MPNP that outlines the terms and conditions for establishing the business in Manitoba. After your application is approved, you will be required to sign the BPA before receiving your work permit support letter.

    The BPA includes key business goals, such as creating jobs and maintaining operations as per the submitted business plan.

  • How soon do I need to report to the MPNP after arriving in Manitoba?

    Once you receive your work permit and arrive in Manitoba, you must notify the MPNP within 30 days of your arrival. You will need to provide your Manitoba address and telephone number. The MPNP will assign a Business Immigration Officer (BIO) to assist you in the process.

  • What reports do I need to submit after arriving in Manitoba?

    You are required to submit two progress reports to the MPNP:

    • First Progress Report: Submit within six months of arrival.
    • Final Progress Report: Submit no later than 20 months after arrival, detailing at least six months of business operations.

    These reports will help the MPNP assess whether you are meeting the terms of the Business Performance Agreement (BPA).

  • What happens if I do not meet the terms of my Business Performance Agreement (BPA)?

    If you fail to meet the terms of the BPA, the Business Immigration Officer (BIO) may recommend refusing your application for nomination. Reasons for refusal can include:

    • Failure to meet the BPA conditions before the expiry date.
    • Discrepancies or fraudulent information in your application or documents.
    • Non-compliance with the requirements specified in your BPA.

  • How long does it take to receive permanent residency after fulfilling the BPA?

    After successfully fulfilling the terms of your BPA, the MPNP will review your progress and, if satisfied, will issue a Confirmation of Nomination for permanent residency. The timeline for receiving permanent residency varies based on processing times but generally takes several months after the final progress report.

  • Are there any additional points for adaptability in the program?

    Yes, the MPNP offers additional adaptability points for applicants who demonstrate strong ties to Manitoba, including:

    • Your spouse’s language proficiency (CLB/NCLC 5 or higher).
    • A close relative residing in Manitoba for more than one year.
    • Your child’s enrollment in a Manitoba educational institution.
    • Completion of full-time study or work experience in Manitoba.

    These factors help increase your chances of successful integration into Manitoba’s business and social environments.

  • Can I apply if I am over the age of 50?

    There is no specific age limit for applicants to the Manitoba Entrepreneur Pathway, though applicants between 25 and 49 years old are awarded higher ranking points. However, individuals over the age of 50 may still qualify if they meet the program's eligibility criteria and demonstrate strong business experience.

  • Can I include my family members in the application?

    Yes, you can include your spouse or common-law partner and dependent children under the age of 22 in your application. These family members will be eligible for permanent residency after you receive your nomination.

  • What if my business fails after I arrive in Manitoba?

    If your business fails or does not meet the expectations outlined in your business plan, you could be at risk of not fulfilling the conditions of your Business Performance Agreement (BPA). It is essential to actively work on ensuring the success of your business by adhering to the BPA and maintaining a sustainable business model.

For more detailed guidance on applying to the Manitoba Entrepreneur Pathway, our team at Change of Phase Consulting can provide expert support to ensure your application is completed accurately and thoroughly. We specialize in helping entrepreneurs successfully navigate the process from start to finish, making your transition to Manitoba as smooth and successful as possible.

How Change of Phase Consulting Can Help You with the Manitoba Entrepreneur Pathway (EP)

At Change of Phase Consulting, we specialize in providing expert immigration advice and guidance to entrepreneurs interested in establishing or purchasing a business in Manitoba, Canada. The Manitoba Provincial Nominee Program (MPNP) Entrepreneur Pathway (EP) offers a unique opportunity for business owners and senior managers to gain permanent residency in Canada by contributing to Manitoba’s economic development. Our team of professionals is here to simplify the process, ensure your application is complete, and help you navigate through each step of the program successfully.

Why Choose Change of Phase Consulting?

With over 17 years of experience assisting clients with immigration matters, we have developed a deep understanding of various immigration pathways available through Canada’s provincial nominee programs. At Change of Phase Consulting, we offer comprehensive support to entrepreneurs seeking to immigrate under the Manitoba Entrepreneur Pathway. Our extensive knowledge of the MPNP, combined with a personalized approach, ensures your application is handled with the highest level of professionalism and attention to detail.

What Sets Us Apart?

 

Expert Guidance and In-Depth Knowledge

 

    • We understand the intricacies of the Manitoba Entrepreneur Pathway. Our team stays updated with any changes to the program and immigration policies to ensure our clients always receive the most current and relevant information.
    • Our consultants are well-versed in the process, including eligibility requirements, investment strategies, and language proficiency expectations. We provide tailored advice based on your business profile and goals.

2. Tailored Approach for Business Owners

 

    • Each entrepreneur’s situation is unique, and we understand that the process of establishing or purchasing a business requires careful planning. At Change of Phase Consulting, we work closely with you to understand your business background, goals, and aspirations, helping you develop a strong business plan that aligns with the requirements of the Manitoba Entrepreneur Pathway.
    • We assist in crafting business concepts that are clear, feasible, and capable of meeting Manitoba’s economic needs, increasing your chances of approval.

3. Comprehensive Support Throughout the Process

 

    • From the initial eligibility assessment to the final nomination, our team is here to support you every step of the way.
    • We assist with the business research visit to Manitoba, providing you with guidance on how to make the most of your visit, including scheduling information sessions with the Business Investor Stream (BIS) to gain deeper insights into Manitoba’s business environment.
    • We help you prepare your Expression of Interest (EOI), submit your business concept, and ensure that all forms are completed correctly.

4. Personalized Business Plan Development

 

    • Your business plan is a critical component of the application process. We specialize in developing robust, detailed business plans that clearly outline your investment strategy, job creation, and economic impactfor Manitoba.
    • We work with you to ensure your plan meets MPNP’s specific criteria, enhancing your chances of receiving a Letter of Advice to Apply (LAA) and a successful nomination.

5. Navigating the Business Performance Agreement (BPA)

 

    • Once you receive your LAA and work permit, we guide you through the terms and conditions of the Business Performance Agreement (BPA). Our team offers ongoing support to help you fulfill the BPArequirements, ensuring that you establish a thriving business in Manitoba and stay in compliance with all immigration regulations.
    • We help you stay on track with progress reports and advise you on the best course of action if you encounter any obstacles during the process.

6. Post-Nomination Support

 

    • After receiving your Confirmation of Nomination, we continue to provide support as you transition to permanent residency. We guide you through the final steps, ensuring your experience in Manitoba is as smooth and successful as possible.

Our Services in Detail

 

  1. Eligibility Assessment and Self-Assessment Form Completion:
    We help you evaluate your eligibility for the Manitoba Entrepreneur Pathway by guiding you through the self-assessment process. We ensure that you fully meet the criteria, including business experience, net worth, and language proficiency, before proceeding to the next steps.

  2. Business Research Visit and Information Sessions:
    We assist in planning your business research visit to Manitoba, ensuring that you make the most of the opportunity to familiarize yourself with the local business environment. We also arrange for you to attend information sessions provided by the Business Investor Stream to help you gather valuable insights into doing business in the province.

  3. Preparation of Expression of Interest (EOI):
    Our team assists in preparing and submitting your Expression of Interest (EOI), ensuring that all required documents, including the Business Concept Form and Self-Assessment Form, are accurately completed. We provide you with guidance on submitting your EOI to the MPNP, increasing your chances of receiving an LAA.

  4. Application Submission and Processing Fee:
    After receiving the LAA, we help you complete the full application, including paying the non-refundable processing fee. Our team ensures that your application is thorough, accurate, and well-presented, helping to avoid any delays during the review process.

  5. Business Plan Development and Investment Strategy:
    We specialize in preparing customized business plans that align with MPNP’s requirements. Your plan will highlight how your business will contribute to Manitoba’s economy, create local jobs, and follow regulatory guidelines.

  6. Ongoing Support During Business Establishment:
    Once you arrive in Manitoba with your work permit, our team provides continuous support to help you establish your business. We assist in setting up operations, navigating the local regulatory environment, and connecting with resources and external business support agencies that can help your business grow.

  7. Progress Reporting and Final Nomination:
    We ensure that you meet the terms of your Business Performance Agreement (BPA) by helping you submit timely progress reports. We also assist in gathering any necessary documentation to secure your final nomination for permanent residency.

Contact Us Today

 

At Change of Phase Consulting, we are committed to providing a comprehensive and supportive service to entrepreneurs looking to immigrate to Manitoba through the Entrepreneur Pathway. With our expert knowledge, personalized approach, and commitment to your success, we stand out as the ideal partner to guide you through the immigration process.

 

Visit our website: www.copcg.com
Email: [email protected]
Phone: 1-866-960-9296

 

Let us help you turn your entrepreneurial dreams into reality in Manitoba, Canada!

Nova Scotia Nominee Program (NSNP) – Entrepreneur Stream Overview

 

The Nova Scotia Nominee Program (NSNP) – Entrepreneur Stream is an exceptional immigration pathway designed to attract experienced business owners and senior business managers who aspire to establish, purchase, or partner in a business in Nova Scotia, Canada. This program provides an opportunity for entrepreneurs to contribute to the province’s economic growth by actively managing and expanding their businesses. Successful applicants, along with their families, may be nominated for permanent residency in Canada, enabling them to enjoy the long-term benefits of living and working in one of the most attractive provinces in Canada.

 

Nova Scotia, known for its welcoming communities, diverse economy, and high quality of life, offers tremendous potential for entrepreneurs looking to make their mark. With a low cost of living, abundant natural resources, and a strong government commitment to fostering business growth, Nova Scotia is the perfect location for entrepreneurs seeking success in their business ventures. The Entrepreneur Stream of the NSNP allows entrepreneurs to obtain permanent residency in Canada by investing in a profitable business that will contribute to the province’s economy and create new jobs for Canadian citizens or permanent residents.

Eligibility Requirements for the Entrepreneur Stream

 

To be eligible for the Nova Scotia Entrepreneur Stream, applicants must meet the following criteria:

 

Age

  • Applicants must be at least 21 years old at the time of application. This ensures that entrepreneurs have sufficient maturity and experience to run a successful business in Nova Scotia.

 

Intention to Live in Nova Scotia

  • Applicants must demonstrate their intent to live permanently in Nova Scotia. This requirement ensures that applicants are committed to the long-term success of their business and integration into the province’s community.

 

Business Ownership

  • Entrepreneurs must own at least one-third (33.33%) of the equity in the business they intend to establish or purchase in Nova Scotia. This ensures that applicants have a significant role in the management and success of the business.

 

Experience

  • Applicants must have at least three years of experience as a business owner in the last 10 years OR more than five years of experience as a senior business manager. This criterion ensures that applicants possess the skills, knowledge, and expertise needed to successfully manage a business.

 

Language Proficiency

  • Applicants must demonstrate proficiency in either English or French by achieving a minimum of Canadian Language Benchmark (CLB) Level 5. This ensures that entrepreneurs can effectively communicate in the business environment, collaborate with employees, and engage with customers.

 

Education

  • Applicants must have education that is equivalent to a Canadian high school diploma. Higher education qualifications will be considered an asset, but the primary focus is on practical business experience.

 

Net Worth

  • Applicants must have a net worth of at least $600,000 CAD if the business is located within the Halifax Regional Municipality (HRM). If the business is located outside HRM, the required net worth is $400,000 CAD.
    • This requirement ensures that applicants have the financial stability to invest in and sustain their business operations in Nova Scotia.

 

Investment Requirements

  • The minimum investment required is $150,000 CAD if the business is located within Halifax Regional Municipality (HRM) and $100,000 CAD if the business is located outside HRM. This investment must come from the applicant’s personal funds and will be used for purchasing or establishing a legal, for-profit business.

 

Business Type

  • The business must be legal, for-profit, and must not fall into restricted categories such as real estate development, insurance brokerage, or payday loan services. The business must also be capable of providing long-term employment opportunities and contributing to Nova Scotia’s economy.

Application Process – Step by Step

 

The application process for the Nova Scotia Entrepreneur Stream is a structured and comprehensive processdesigned to ensure that only qualified and committed entrepreneurs are selected. Below are the steps involved in applying for the Entrepreneur Stream:

Step 1: Expression of Interest (EOI) Submission

 

  • The first step in the process is to submit an Expression of Interest (EOI) through the Nova Scotia Immigration Portal. The EOI will require applicants to provide detailed information about their business experience, proposed business plans, and personal net worth.
  • If the applicant meets the basic eligibility criteria and is selected, they will receive an Invitation to Apply (ITA) to submit a full application.

Step 2: Submit Full Application

 

  • Upon receiving an ITA, applicants must submit a full application to the Nova Scotia Nominee Program. This application includes:
    • A Business Establishment Plan outlining the proposed business operations and investment strategy.
    • Net Worth Verification: A report from a third-party verifier to confirm the applicant’s personal net worth.
    • Additional supporting documents as required by the program, such as proof of language proficiency, education, and business experience.

Step 3: Interview (if required)

 

  • Depending on the application and the review process, applicants may be invited for an interview with the Nova Scotia Immigration team. This interview serves as an opportunity to discuss the applicant’s business plan and clarify any questions regarding the application.

Step 4: Work Permit Application

 

  • If the application is approved, applicants will receive an Entrepreneur Approval Letter from the Nova Scotia Immigration office. This letter allows the applicant to apply for a temporary work permit through Immigration, Refugees and Citizenship Canada (IRCC).
  • Applicants must submit their work permit application within 60 days of receiving the approval letter.

Step 5: Arrival in Nova Scotia

 

  • Upon receiving a work permit, the applicant and their family can arrive in Nova Scotia. It is essential for the applicant to meet with the Nova Scotia Immigration office within 60 days of their arrival to provide a report on the business establishment and confirm their residence in the province.

Step 6: Business Establishment and Ongoing Compliance

 

  • Once in Nova Scotia, the applicant must establish and operate their business as outlined in their Business Establishment Plan. The applicant is required to maintain at least 33.33% ownership in the business and actively manage its operations.
  • Regular updates on the business progress must be submitted to the Nova Scotia Immigration office.

Step 7: Nomination for Permanent Residency

 

  • After operating the business for at least one year, the applicant can request nomination for permanent residency. The applicant must provide a Review Engagement and Special Purpose Report to demonstrate the success of the business and compliance with the initial business plan.
  • If the business has met all the criteria, the applicant will be nominated for permanent residency by the Nova Scotia Nominee Program (NSNP).

Step 8: Apply for Permanent Residency

 

  • After receiving the nomination, the applicant can apply for permanent residency through Immigration, Refugees and Citizenship Canada (IRCC). This final step allows the applicant and their family to become permanent residents of Canada and enjoy all the benefits that come with it.

Key Benefits of the Nova Scotia Entrepreneur Stream

 

  • Pathway to Permanent Residency: Successful applicants and their families can obtain permanent residency, allowing them to live and work in Canada indefinitely.
  • Business Expansion: Entrepreneurs can grow and scale their business in a province with a thriving economy and strong government support for new businesses.
  • Access to a High Quality of Life: Nova Scotia offers a low cost of living, beautiful natural landscapes, excellent healthcare, and educational systems.
  • Business Support: Entrepreneurs have access to local networks, business incubators, and government resources to support their ventures.

 

The Nova Scotia Nominee Program (NSNP) – Entrepreneur Stream is an excellent opportunity for skilled entrepreneurs looking to make their mark in Canada. With the right qualifications, commitment, and a well-planned business strategy, applicants can successfully establish themselves in Nova Scotia, contribute to the local economy, and eventually achieve permanent residency in Canada.

Contact Change of Phase Consulting Ltd.

 

Change of Phase Consulting Ltd. is here to help you with every aspect of the NSNP process.

 

Contact us today to get started:

  • What is the Nova Scotia Entrepreneur Stream?

    The Nova Scotia Entrepreneur Stream is a business immigration program under the Nova Scotia Nominee Program (NSNP) that allows experienced business owners or senior business managers to establish, purchase, or partner in a business in Nova Scotia. Successful applicants may be nominated for permanent residency in Canada after meeting the program’s criteria, contributing to the province’s economy through their business operations.

  • Who is eligible to apply for the Entrepreneur Stream?

    To qualify for the Entrepreneur Stream, applicants must meet the following criteria:

    • Age: At least 21 years old.
    • Intention: Must plan to live permanently in Nova Scotia and manage the business.
    • Ownership: Must own at least 33.33% of the business.
    • Experience: At least 3 years of experience as a business owner in the past 10 years or 5 years of senior business management experience.
    • Language Proficiency: Minimum CLB 5 in English or French.
    • Education: Equivalent to a Canadian high school diploma.
    • Net Worth: Minimum $600,000 CAD if the business is in Halifax Regional Municipality (HRM), and $400,000 CAD if the business is outside HRM.
    • Investment: Minimum $150,000 CAD for businesses in HRM, and $100,000 CAD for businesses outside HRM.

  • What type of business qualifies for the Entrepreneur Stream?

    The business must be a legal, for-profit enterprise and cannot fall into restricted categories such as:

    • Real estate development.
    • Insurance brokerage.
    • Payday loan services. The business should also provide a long-term contribution to the local economy, including job creation for Canadian citizens or permanent residents.

  • How do I apply for the Entrepreneur Stream?

    The application process involves several steps:

    1. Expression of Interest (EOI): Submit an online EOI outlining your business experience, proposed business, and personal net worth.
    2. Full Application: If invited, submit a full application including a Business Establishment Plan, Net Worth Verification, and supporting documents.
    3. Interview: In some cases, you may be invited for an interview.
    4. Work Permit Application: Once approved, you will receive a letter allowing you to apply for a work permit from IRCC.
    5. Business Establishment: Upon arriving in Nova Scotia, establish and operate your business as outlined in your plan.
    6. Permanent Residency: After at least one year, request a nomination for permanent residency.

  • What is the Business Establishment Plan, and why is it important?

    The Business Establishment Plan outlines how you will manage and operate your business in Nova Scotia, including:

    • Business structure and operations.
    • Investment strategy.
    • Job creation plans. This plan is crucial for your application as it demonstrates the feasibility and potential of your business and how it will contribute to Nova Scotia’s economy.

  • How much money do I need to invest in a business under the Entrepreneur Stream?

    The minimum investment depends on the location of your business:

    • For businesses within Halifax Regional Municipality (HRM), a minimum of $150,000 CAD is required.
    • For businesses outside HRM, a minimum of $100,000 CAD is required.

  • How long will it take to process my application?

    Processing times can vary based on individual circumstances and the volume of applications. On average, the process may take anywhere from 6 months to 1 year from submission of your Expression of Interest (EOI) to receiving nomination for permanent residency. However, certain steps such as the work permit application and the establishment of the business can extend the overall timeline.

  • Do I need to create jobs in Nova Scotia?

    Yes, one of the key requirements is that your business must create or maintain jobs for Canadian citizens or permanent residents of Nova Scotia. This is an important criterion for ensuring that the business contributes to the local economy.

  • Can I apply if I have no prior experience as a business owner?

    You must have either:

    • At least 3 years of experience as a business owner in the last 10 years, or
    • 5 years of experience as a senior manager.

    If you do not have business ownership experience, senior management experience in a successful business can qualify you. Senior management roles typically include positions such as CEO, CFO, or General Manager.

  • Can my family come with me?

    Yes, once you are approved under the Entrepreneur Stream, you can include your spouse or common-law partner and dependent children (under the age of 22) in your application for permanent residency.

  • What happens after I arrive in Nova Scotia with my work permit?

    After arriving in Nova Scotia with your work permit, you must:

    • Establish and manage your business as outlined in your Business Establishment Plan.
    • Report to the Nova Scotia Immigration Office within 60 days of your arrival.
    • Comply with all regulations and submit regular updates on your business progress.

  • How long do I have to operate my business before I can apply for permanent residency?

    You must operate your business in Nova Scotia for at least one year before requesting nomination for permanent residency. During this time, you will need to demonstrate that your business is successful and compliant with the Business Establishment Plan.

  • What is the net worth requirement for the Entrepreneur Stream?

    • For businesses in Halifax Regional Municipality (HRM): Applicants must have a minimum net worth of $600,000 CAD.
    • For businesses outside HRM: Applicants must have a minimum net worth of $400,000 CAD. This net worth must be verified through a report by an approved third-party verifier.

  • What happens if my business fails after I arrive in Nova Scotia?

    If your business fails to meet the criteria outlined in your Business Establishment Plan or does not create the required jobs, you may not be eligible for nomination for permanent residency. It’s important to follow the agreed-upon business plan and stay compliant with Nova Scotia Immigration.

  • How can I improve my chances of being selected for the Entrepreneur Stream?

    To enhance your chances:

    • Ensure your business experience aligns with the program’s requirements.
    • Develop a strong and realistic Business Establishment Plan that outlines your investment strategy, job creation plans, and operational strategies.
    • Ensure your language proficiency meets the minimum CLB 5 level.
    • Demonstrate sufficient financial resources and show the potential for your business to contribute to the Nova Scotia economy.

Nova Scotia Nominee Program (NSNP) – Entrepreneur Stream: Your Pathway to Business Immigration in Canada

 

The Nova Scotia Nominee Program (NSNP) – Entrepreneur Stream offers a fantastic opportunity for experienced entrepreneurs to establish, purchase, or partner in a business in Nova Scotia, Canada. Through this program, successful applicants and their families may be nominated for permanent residency in Canada, allowing them to contribute to Nova Scotia’s vibrant economy and enjoy a high quality of life.

 

With over 17 years of experience in immigration consulting, Change of Phase Consulting is perfectly positioned to guide you through the Nova Scotia Entrepreneur Stream. Our extensive knowledge of the program, combined with a personalized approach, ensures that your application is thorough, accurate, and stands the best chance of success.

 

How Change of Phase Consulting Can Help You Navigate the Nova Scotia Entrepreneur Stream

 

At Change of Phase Consulting, we specialize in assisting entrepreneurs who wish to immigrate to Nova Scotia through the Entrepreneur Stream. Whether you are looking to establish a new business, purchase an existing one, or become a partner in a business in Nova Scotia, we provide expert advice and hands-on support to guide you through every step of the process.

 

With 17+ years of experience, our team is highly skilled at navigating the complexities of business immigration to Canada. We have helped hundreds of entrepreneurs achieve success through provincial nominee programs, and we can help you secure your future in Nova Scotia.

Our Services and How We Can Support You

 

1. Eligibility Assessment

 

The first step in the process is determining if you meet the eligibility criteria for the Nova Scotia Entrepreneur Stream. Our team will conduct a thorough eligibility assessment, reviewing your business experience, net worth, language proficiency, and investment capabilities. Based on this assessment, we will provide you with a detailed report on your eligibility and the next steps to proceed with your application.

2. Business Establishment Plan Development

 

A key requirement for the Entrepreneur Stream is submitting a Business Establishment Plan that outlines your intentions to establish or purchase a business in Nova Scotia. With our expertise, we help you develop a comprehensive, detailed business plan that covers:

  • Business structure and operations.
  • Investment strategies.
  • Job creation plans. This plan is vital for your application, and we ensure that it is aligned with Nova Scotia’s economic goals and the program’s criteria.

3. Document Preparation and Submission

 

We will guide you through the entire process of preparing and submitting the required documents, including:

  • Net Worth Verification: We help you secure a report from an approved third-party verifier to confirm your financial standing.
  • Supporting documents: We ensure that your documents, such as proof of language proficiency, education, and business experience, are accurate and complete.

4. Expression of Interest (EOI) Submission

 

The Expression of Interest (EOI) is the first step in the application process. We will help you prepare and submit your EOI to the Nova Scotia Immigration Office, ensuring that it highlights your qualifications and aligns with the program’s selection criteria. If selected, you will receive an Invitation to Apply (ITA).

5. Interview Preparation and Representation

 

If you are invited for an interview, we will provide you with comprehensive preparation to ensure you are well-equipped to answer any questions about your business plans and experience. We also represent you during the interview, making sure you present yourself in the best light.

6. Work Permit Application

 

Once your application is approved, we will assist you in applying for a temporary work permit through Immigration, Refugees and Citizenship Canada (IRCC). We ensure that all necessary paperwork is completed accurately and submitted on time.

7. Business Establishment and Ongoing Support

 

Once you arrive in Nova Scotia, we provide ongoing support as you establish and operate your business. Our team will help you:

  • Navigate the local regulatory environment.
  • Ensure that your business stays compliant with provincial and federal laws.
  • Connect with business support networks to help you grow your business in Nova Scotia.

8. Permanent Residency Application

 

After you’ve been operating your business in Nova Scotia for at least one year, we will assist you in applying forpermanent residency through the NSNP. We will help you gather the necessary documents, complete the application forms, and ensure that everything is submitted correctly to ensure a smooth transition to permanent residency.

Why Choose Change of Phase Consulting?

 

  • 17+ Years of Expertise: With over 17 years of experience in business immigration, we have a deep understanding of Canadian immigration policies, especially provincial nominee programs.
  • Comprehensive Guidance: From the initial assessment to permanent residency, we provide step-by-step assistance throughout the process, ensuring you never feel lost or overwhelmed.
  • Tailored Business Strategy: We work closely with you to craft a customized business plan that reflects your unique vision and aligns with Nova Scotia’s economic priorities.
  • Proven Track Record: Over the years, we have successfully helped hundreds of entrepreneurs navigate the immigration process, and we are proud to have contributed to the success of many businesses in Nova Scotia.
  • Ongoing Support: Our team is dedicated to your success, providing continuous support even after you have settled in Nova Scotia. We assist with any business compliance, regulatory needs, and help you integrate into the province’s business ecosystem.

 

Contact Us

 

At Change of Phase Consulting, we are committed to helping you succeed in your immigration journey to Nova Scotia. With our personalized approach and expert guidance, we ensure that you are well-prepared for every step of the NSNP Entrepreneur Stream process.

 

If you are an entrepreneur looking to invest in Nova Scotia, we are here to help you achieve your goal of permanent residency through our comprehensive services.

 

Get in touch today:

 

Let Change of Phase Consulting guide you toward a successful future in Nova Scotia.

Northwest Territories Nominee Program (NTNP) – Business Stream

 

Unlock Your Path to Canadian Permanent Residency by Investing in the Northwest Territories

 

The Northwest Territories (NWT) offers a unique opportunity for entrepreneurs to invest, establish, or purchase a business in one of Canada’s most scenic and economically strategic regions. The Northwest Territories Nominee Program (NTNP) Business Stream is tailored to attract experienced business owners and investors who are committed to making a long-term impact in the local economy. This program is designed to help you take your entrepreneurial journey to the next level, while contributing to the prosperity of the NWT.

Program Overview

 

The NTNP Business Stream provides a direct route to permanent residency in Canada for individuals who have the drive and resources to develop a business that will contribute to the NWT’s economy. The program aims to attract skilled entrepreneurs who are ready to invest in businesses that align with the region’s economic goals. Through this stream, applicants can bring their vision to life while enjoying the unparalleled natural beauty and thriving communities of the Northwest Territories.

 

By participating in this program, you gain access to a wealth of support from local authorities, resources to help you establish your business, and a streamlined pathway to permanent residency. The NTNP Business Stream is more than just an immigration program—it’s a transformative opportunity for entrepreneurs ready to shape the future of Canada’s North.

Eligibility Requirements

 

To qualify for the NTNP Business Stream, applicants must meet the following criteria:

 

  1. Investment Requirements
  • In Yellowknife (corporate boundaries):
    • A minimum personal equity investment of $200,000 CAD in the business.
    • A personal net worth of at least $500,000 CAD.
  • Outside Yellowknife (in NWT regions):
    • A minimum personal equity investment of $100,000 CAD.
    • A personal net worth of at least $250,000 CAD.

  1. Business Ownership
  • Applicants must own at least 33.3% of the business, which ensures a significant role in its operations.
  • In cases where the applicant’s personal equity investment exceeds $1,000,000 CAD, ownership may be less than 33.3%.

  1. Language Proficiency
  • A minimum language proficiency of Canadian Language Benchmark (CLB) level 4 in English or an equivalent level in French is required.
  • Accepted language tests include IELTS for English and TEF for French.

  1. Business and Industry Knowledge
  • Demonstrate an in-depth understanding of the NWT’s economy, key industries, and market opportunities.
  • Show the ability to adapt to the local business environment and integrate into the community.

  1. Financial Resources
  • Proof of sufficient financial resources to support both the business and personal living expenses while in the NWT.
  • Applicants must demonstrate the ability to support themselves and their dependents during the business establishment period.

  1. Commitment to Settlement
  • Applicants must be willing to settle in the NWT and actively operate their business for a minimum of 12 monthsbefore seeking permanent residency status.

Step-by-Step Application Process

 

The NTNP Business Stream offers a clear and structured path to permanent residency. Here’s a step-by-step guide to help you navigate the process:

Step 1: Initial Self-Assessment

 

  • Evaluate your eligibility by reviewing the program’s requirements and determining if you meet the criteria.
  • Register your interest by submitting an online expression of interest through the NTNP portal.

Step 2: Business Trip and Interview

 

  • Visit the Northwest Territories for at least four full business days to meet local business owners, government representatives, and community leaders.
  • Attend a personal interview with NTNP staff to discuss your business plan, investment strategy, and long-term goals.

Step 3: Formal Application Submission

 

  • Submit a detailed business plan that outlines the proposed investment, business goals, expected outcomes, and how your business will contribute to the local economy.
  • Include all required documentation, such as your language proficiency test results, proof of financial resources, and business ownership details.

Step 4: Application Review and Evaluation

 

  • NTNP staff will carefully assess your application to ensure that all requirements are met.
  • If additional information or documentation is needed, you will be notified promptly.

Step 5: Approval and Business Performance Agreement

 

  • Upon successful evaluation, you will be offered a Business Performance Agreement (BPA). This agreement outlines your business obligations and expectations for the initial stages of your business operation in the NWT.
  • Review and sign the BPA within 30 days to confirm your commitment to the program.

Step 6: Temporary Work Permit

 

  • After signing the BPA, NTNP will issue a letter of support for a temporary work permit.
  • Submit the letter to Immigration, Refugees and Citizenship Canada (IRCC) to apply for your work permit and begin operating your business in the NWT.

Step 7: Business Implementation and Progress Reporting

 

  • Establish your business and actively manage operations for at least 12 months.
  • Submit interim progress reports to NTNP to demonstrate ongoing compliance with your BPA.
  • Upon successful completion of the business requirements, you may be eligible to submit a Final Report and apply for permanent residency.

Why Choose the Northwest Territories for Your Business?

 

The Northwest Territories is an emerging business hub with vast opportunities in key industries such as mining, tourism, agriculture, energy, and manufacturing. By choosing to invest in the NWT, you gain access to:

  • Rich natural resources and industries ripe for innovation.
  • Low tax rates and business-friendly policies.
  • Strategic location providing access to global markets.
  • A supportive business environment with networking opportunities, community engagement, and growth prospects.

 

The NWT’s untapped potential offers a unique competitive advantage for entrepreneurs seeking to make their mark in Canada.

 

Start Your Entrepreneurial Journey Today

 

The Northwest Territories Nominee Program (NTNP) Business Stream presents an unparalleled opportunity for entrepreneurs to invest, grow, and thrive in one of Canada’s most exciting regions. If you’re ready to embark on this journey, we are here to guide you every step of the way.

 

Contact us today to learn more about how the NTNP Business Stream can help you achieve your Canadian immigration goals and build a prosperous future in the Northwest Territories.

 

Contact Change of Phase Consulting Ltd.

 

Change of Phase Consulting Ltd. is here to help you with every aspect of the NTNP process.

 

Contact us today to get started:

  • What is the Northwest Territories Nominee Program (NTNP) Business Stream?

    The NTNP Business Stream is an immigration program designed to attract experienced entrepreneurs who wish to invest, establish, or purchase a business in the Northwest Territories. Successful applicants can gain permanent residency in Canada after meeting business and settlement requirements.

  • Who is eligible to apply for the NTNP Business Stream?

    To be eligible, applicants must meet the following criteria:

    • Investment Requirements: A personal equity investment of at least $100,000 CAD outside Yellowknife or $200,000 CAD in Yellowknife.
    • Net Worth: Applicants must have a minimum personal net worth of $250,000 CAD outside Yellowknife or $500,000 CAD within Yellowknife.
    • Language Skills: A minimum of CLB level 4 in English or French.
    • Business Ownership: Applicants must own at least 33.3% of the business.
    • Commitment: Applicants must plan to settle full-time in the NWT and operate their business for at least 12 months before applying for permanent residency.

  • What types of businesses are eligible for the NTNP Business Stream?

    The program supports a wide range of businesses that contribute to the NWT's economic development. These can include industries such as tourism, mining, agriculture, manufacturing, retail, and services. The business must demonstrate that it will create jobs, serve local communities, and contribute to economic growth in the region.

  • Do I need to visit the Northwest Territories before applying?

    Yes, applicants are required to visit the Northwest Territories for at least four full business days. During this trip, you will meet with local business owners, government representatives, and community members. This visit helps you understand the local business landscape and is a mandatory part of the application process.

  • How long does the NTNP Business Stream application process take?

    The application process can take several months. After submitting the initial expression of interest and completing your business trip, your application will be reviewed by NTNP staff. Once approved, a Business Performance Agreement (BPA) is issued, and you can apply for a temporary work permit. The entire process, from application to obtaining permanent residency, can take approximately 2 to 3 years.

  • How do I prove that I have sufficient financial resources to operate a business in the NWT?

    You must submit documentation that demonstrates your ability to support yourself and your dependents during the initial stages of your business operation. This includes proof of your personal net worth, the source of your investment funds, and a financial plan showing how you will fund your business and personal living expenses in the NWT.

  • What happens if my business does not meet the requirements outlined in the Business Performance Agreement (BPA)?

    If your business fails to meet the terms outlined in the BPA, the NTNP may not support your transition to permanent residency. It’s essential to comply with all aspects of the BPA, including business performance, job creation, and community integration. Failure to comply could result in your application for permanent residency being declined.

  • Can I apply for the NTNP Business Stream if I already have an active application with another provincial or territorial nominee program?

    No, applicants cannot have an active application with another provincial or territorial nominee program while applying for the NTNP Business Stream. You must withdraw any existing applications before starting your process with the NTNP.

  • Can I bring my family with me if I am approved under the NTNP Business Stream?

    Yes, once your application for permanent residency is approved, you can include your spouse, common-law partner, and dependent children under the age of 22 as part of your immigration application.

  • What support will I receive once I apply to the NTNP Business Stream?

    NTNP staff provide assistance throughout the process, including help with your business plan, guidance on meeting program requirements, and support during your business setup. Additionally, once you are approved for the program, the NTNP team will assist you in accessing resources, business networks, and government services to help you establish your business in the NWT.

  • Do I need to hire local employees as part of my business plan?

    Yes, one of the key requirements for the NTNP Business Stream is the creation of jobs for Canadian citizens or permanent residents. You must demonstrate that your business will provide full-time employment opportunities for locals, which is a key criterion for achieving permanent residency.

  • Can I apply for the NTNP Business Stream if I plan to purchase an existing business in the NWT?

    Yes, applicants can either establish a new business or purchase an existing business in the NWT. However, the purchased business must be actively operated and demonstrate potential for growth and economic impact in the region. The terms and conditions of your application will include plans for improving and expanding the business you purchase.

  • What is the Business Performance Agreement (BPA)?

    The BPA is a contract between the NTNP and the applicant, outlining the terms and conditions of the applicant’s business operations in the NWT. This includes job creation, business performance, and community involvement. The BPA must be signed before proceeding with the work permit application and is a critical part of the process to gain permanent residency.

  • Will I need to submit periodic reports during the process?

    Yes, once your business is operational, you will need to submit periodic progress reports to NTNP, demonstrating how your business is meeting the agreed-upon performance goals. This will include information on job creation, business development, and financial progress.

  • Can I apply for the NTNP Business Stream if I don’t have any previous business experience?

    Previous business experience is preferred; however, if you do not have direct business ownership experience, you may still be eligible if you have a two-year post-secondary education or equivalent managerial experience. Additionally, you will need to prove that you have the skills necessary to operate a business and integrate into the NWT economy.

If you have additional questions or need guidance through the NTNP Business Stream application process, contact us today to start your entrepreneurial journey in the Northwest Territories!

How Change of Phase Consulting Can Assist You with the Northwest Territories Nominee Program (NTNP) – Business Stream

 

Your Partner in Navigating the NTNP Business Stream Pathway to Permanent Residency

 

At Change of Phase Consulting, we specialize in guiding entrepreneurs through complex immigration processes, and the Northwest Territories Nominee Program (NTNP) Business Stream is no exception. With over 17 years of experience in assisting clients with immigration programs across Canada, we understand the intricacies of the NTNP Business Stream and are here to ensure your application is as smooth and successful as possible.

 

Whether you’re planning to establish a new business, invest in an existing one, or make a strategic move to the Northwest Territories, Change of Phase Consulting is your trusted partner in achieving permanent residency through this unique opportunity.

Our Comprehensive Services for the NTNP Business Stream

 

1. Initial Consultation and Eligibility Assessment

 

The first step in any successful immigration journey is understanding whether you qualify for the program. Our team will assess your personal and business background, ensuring that you meet all eligibility requirements such as investment capacity, net worth, language skills, and business experience.

  • Customized eligibility check tailored to your background and goals.
  • Detailed review of your financial capabilities and business expertise.
  • Clear action plan to ensure your application aligns with the program’s criteria.

2. Business Plan Development and Strategic Guidance

 

A solid business plan is a cornerstone of your NTNP application. Our consultants will work closely with you to develop a comprehensive and compelling business plan that meets the requirements of the NTNP and demonstrates your long-term commitment to the NWT economy.

  • Tailored business plan development focused on your business idea, industry trends, and NWT’s economic needs.
  • Feasibility analysis to ensure your business is viable and has growth potential in the region.
  • Support in crafting a clear, persuasive proposal to submit to NTNP authorities, highlighting your business’s potential impact on local employment and the economy.

3. Navigating the Application Process

 

We understand that the application process for the NTNP Business Stream can be overwhelming. Change of Phase Consulting will handle the complex paperwork, ensuring that all your documents are accurate, complete, and submitted on time.

  • Step-by-step guidance through the application process, from initial registration to business proposal submission.
  • Assistance with documentation such as language proficiency tests, financial statements, and business ownership details.
  • Liaison with NTNP staff to address any queries or concerns during the application review.

4. Support with Business Trip and Interviews

 

A mandatory part of the application process is the business trip to the NWT, where you must spend at least four full business days. We will help you plan this trip efficiently, ensuring that you make the most of your time in the region.

  • Logistical support for organizing your business trip, including travel, accommodations, and meetings.
  • Preparation for NTNP interviews, helping you articulate your business vision, goals, and understanding of the NWT’s market.
  • Post-trip follow-up to ensure your business trip aligns with NTNP requirements.

5. Business Performance Agreement (BPA) Guidance

 

Once your application is approved, you will receive a Business Performance Agreement (BPA) outlining your responsibilities and business commitments. Change of Phase Consulting will help you navigate the BPA to ensure you understand its terms and comply with all obligations.

  • In-depth review of the BPA to ensure your business strategy aligns with program expectations.
  • Strategic advice to ensure that your business operations meet the performance goals laid out in the agreement.
  • Ongoing support to help you fulfill the terms of the BPA and progress towards permanent residency.

6. Temporary Work Permit Assistance

 

Upon signing the BPA, you will need to apply for a temporary work permit to begin operating your business in the NWT. We will assist you in preparing the necessary documents and submitting your application to Immigration, Refugees and Citizenship Canada (IRCC).

  • Application assistance for your temporary work permit, ensuring all paperwork is accurate and timely.
  • Expert advice on the best approach for securing a work permit and beginning business operations in the NWT.

7. Business Setup and Ongoing Support

 

Starting a business in a new region requires a deep understanding of local laws, regulations, and market dynamics. Change of Phase Consulting offers continuous support in setting up your business in the NWT and ensuring its success over the first 12 months.

  • Practical advice on business operations, such as location selection, hiring local employees, and compliance with local business regulations.
  • Regular progress check-ins and business performance reporting to ensure you stay on track with the terms of the BPA.
  • Networking opportunities to connect with local business communities and stakeholders in the NWT.

8. Permanent Residency Application Assistance

 

Once you meet the requirements outlined in your BPA, we will guide you through the final steps of applying for permanent residency. Our team ensures that you meet all the criteria, submit the correct documentation, and receive the support needed to achieve successful approval.

  • Completion and submission of final reports required for your permanent residency application.
  • Expert advice on permanent residency eligibility to ensure a seamless transition from a temporary work permit to full residency.
  • Representation and communication with NTNP officials throughout the final stages of your application process.

Why Choose Change of Phase Consulting?

 

  • 17+ years of experience in Canadian immigration and business establishment.
  • Personalized services tailored to your unique business goals and immigration needs.
  • Comprehensive support throughout the entire NTNP Business Stream process, from start to finish.
  • Proven track record of successful permanent residency applications for entrepreneurs across Canada.

 

At Change of Phase Consulting, we believe in turning your entrepreneurial vision into a reality in the Northwest Territories. Our expert consultants will ensure that your business not only meets the NTNP requirements but thrives in the NWT’s dynamic business environment.

 

Take the first step toward permanent residency in the Northwest Territories—contact Change of Phase Consulting today to begin your journey!

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