Starting a business in Canada through business programs such as Quebec, Federal and PNP, might pave a pathway for Permanent Residency in Canada.
To be a part of any of these programs, you need to meet the eligibility requirements of these programs.
The programs with their requirements are listed below.
Quebec Immigrant Investor Program
Program | Quebec Immigrant Investor Program – A new application intake period began on September 10, 2018, and is scheduled to run until August 31, 2019. However, candidates with approved language test results showing an intermediate-advanced proficiency in Speaking and Reading in French will have until October 31, 2019 to apply. |
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Minimum Net Worth | CAD $2,000,000 |
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Minimum Investment | CAD $1,200,000 risk-free through an approved financial intermediary or by financing that investment. |
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Experience | 2 years of business management experience in the past 5 years prior to the submission of an application in a specific enterprise (agricultural, commercial, or industrial, OR management experience in a governmental or international organization) and in a position defined as full-time. |
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EOI System | No |
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Managerial Role | No active managerial role required to apply |
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Business Plan | None |
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Exploratory Visit | Recommended |
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Interview | May be required as part of the application review. |
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Refundable Deposit | Not required |
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PR/Work permit | PR after first obtaining Quebec Selection Certificate (CSQ) |
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Additional Requirements | Background check and medical examination |
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Quebec Entrepreneur Program
Program | Quebec Entrepreneur Program — A new application intake period began on August 15, 2018, and is scheduled to run until October 31, 2019. |
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Minimum Net Worth* | CAD $900,000 of financial resources. |
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Business ownership/operation* | Holds and controls, alone or with the accompanying spouse or common-law partner at minimum 25% of the equity of the enterprise he or she creates or at least 51% of the equity of the enterprise he or she acquires. |
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EOI System | No |
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Managerial Role | Required |
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Business Project | Required |
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Exploratory Visit | Recommended |
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Interview | Required as a final step in the application process |
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Start-up deposit* | CAD $300,000 for a business in the the metropolitan area of Montreal or CAD $200,000 for a business outside the metropolitan area of Montreal. |
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PR/Work permit | PR after first obtaining Quebec Selection Certificate (CSQ) |
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Additional Requirements | Submit a contract to prove financial self-sufficiency and demonstrate a secondary school general diploma level of education.Provide a performance guarantee deposit of $200,000 that is refundable if certain conditions are met.* |
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* This requirement applies only to Component Two of the Entrepreneur program.
Quebec Self-Employed Worker Program
Program | Quebec Self-Employed Worker Program — The Quebec government reached the intake quota allocated for this Quebec immigration category in December 2018. However, candidates with approved language test results showing an intermediate-advanced proficiency in Speaking and Reading in French can still apply and have until October 31, 2019, to do so. |
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Minimum Net Worth | CAD $100,000 |
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Minimum Investment | Not required |
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Experience | 2 years of self-employed experience in the profession or trade the applicant intends to practice in Quebec |
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EOI System | No |
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Managerial Role | Required |
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Business Plan | None |
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Exploratory Visit | Recommended |
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Interview | May be required as part of the application review |
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Start-up deposit | Register a start-up deposit of at least CAD $50,000 at a local financial institution if based in the metropolitan area of Montreal or at least CAD $25,000 if based outside of Montreal. |
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PR/Work permit | PR after first obtaining Quebec Selection Certificate (CSQ) |
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Additional Requirements | Submit a contract to prove financial self-sufficiency and demonstrate a secondary school general diploma level of education. |
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Federal Start-Up Visa Program
Program | Start-Up Visa Program |
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Minimum Net Worth | N/A |
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Minimum Investment | CAD $200,000 if the investment comes from a designated Canadian venture capital fund or designated incubatorsOR CAD $75,000 if it comes from a designated Canadian angel investor group |
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Experience | No specific requirement |
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EOI System | No |
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Managerial Role | Required |
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Business Plan | None |
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Exploratory Visit | Not required |
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Interview | Upon request by IRCC |
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Refundable Deposit | Not required |
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PR/Work permit | PR immediately |
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Additional Requirements | Have the support of a designated organization that will provide the applicant with a Letter of Support.Start-up visa applicants must give proof that they sufficient funds to support themselves and their dependants after they arrive in Canada. The amount required depends on the size of the family. |
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Federal Self-Employed Persons Program
Program | Self-Employed Person Program |
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Minimum Net Worth | N/A |
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Minimum Investment | Not required |
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Experience | At least 2 years of relevant cultural or athletic experience in the past 5 years |
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EOI System | No |
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Managerial Role | Required |
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Business Plan | None |
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Exploratory Visit | Not required |
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Interview | Upon request by IRCC |
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Refundable Deposit | Not required |
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PR/Work permit | PR immediately |
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Additional Requirements | English/French ability and work experience in a designated occupationAll self-employed persons must establish that they have sufficient funds to support themselves and their family members for at least one year after they arrive in Canada. Self-employed immigrants must obtain a minimum of 35 points out of 100 based on the five selection criteria and the program’s unique point system. |
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Alberta Self-Employed Farmer Stream
Program | Alberta Self-Employed Farmer Stream |
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Minimum Net Worth | CAD $500,000 |
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Minimum Investment | CAD $500,000 in a primary production farming business |
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Experience | Farm management experience in an existing farm business |
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EOI System | No |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Recommended |
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Interview | Required |
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Refundable Deposit | Not required |
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PR/Work permit | PR after obtaining provincial nomination certificate |
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Additional Requirements | Canadian financial institution must finance the proposed Alberta farming business |
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British Columbia Provincial Nominee Program (BC PNP) — Entrepreneur Immigration Stream
Program | BC PNP Entrepreneur Immigration |
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Minimum Net Worth | CAD $600,000 |
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Minimum Investment | CAD $200,000 OR CAD $400,000 if proposing a Key Staff Member |
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Experience | 3 + years of business ownership or management experience OR 4 + years of senior management experience OR 1+ year of business ownership & management experience and 2+ years of senior management experience within the last 10 years. |
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EOI System | Yes (province publishes info on previous draws) |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Recommended |
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Interview | Upon request of BC PNP |
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Refundable Deposit | Not required |
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PR/Work permit | 2-year work period before Letter of Acceptance to apply for Permanent Residence (PR); PR contingent on implementation of the business proposal |
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Additional Requirements | Create at least one permanent, full-time job for a Canadian citizen or permanent resident with the proposed business |
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British Columbia Provincial Nominee Program (BC PNP) — Entrepreneur Immigration — Regional Pilot
Program | BC PNP Entrepreneur Immigration — Regional Pilot (launched on March 14, 2019) |
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Minimum Net Worth | CAD $300,000 |
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Minimum Investment | CAD $100,000 |
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Experience | 3 + years of business ownership or management experience OR 4 + years of senior management experience OR1+ year of business ownership & management experience and 2+ years of senior management experience within the last 10 years. |
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EOI System | Yes (province publishes info on previous draws) |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Strongly Recommended |
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Interview | Upon request of BC PNP |
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Refundable Deposit | Not required |
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PR/Work permit | Minimum 12-month work permit period before nomination; PR contingent on implementation of business proposal |
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Additional Requirements | Community referral required to register; Must create at least one permanent, full-time job for a Canadian citizen or permanent resident |
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Manitoba Provincial Nominee Program — Business Investor Stream (Entrepreneur Pathway)
Program | Manitoba Business Investor Stream — Entrepreneur Pathway |
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Minimum Net Worth | CAD $500,000 |
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Minimum Investment | CAD $250,000 for businesses in the Manitoba Capital Region. OR CAD $150,000 if a business is outside of the Manitoba Capital Region AND must be made in an eligible business AND must create or maintain at least one job for a Canadian citizen or a Permanent Resident in Manitoba (excluding owners of the business and/or their close relatives). |
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Experience | Business ownership and management experience or executive-level experience in 3 of the past 5 years. ANDBusiness owners are given higher points in comparison to senior managers. AND Business owners must have at least 33 1/3% ownership to qualify for points. |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Business research visit must be conducted no more than one year prior to the submission of an EOI. |
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Interview | Required |
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Refundable Deposit | Not Required |
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PR/Work permit | Temporary work permit; PR contingent on meeting program requirements |
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Additional Requirements | Score 60+ points on assessment grid CAD $100,000 refundable deposit is not a requirement anymore. |
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Manitoba Provincial Nominee Program — Business Investor Stream (Farm Investor Pathway)
Program | Manitoba Business Investor Stream — Farm Investor Pathway |
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Minimum Net Worth | CAD $500,000 |
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Minimum Investment | CAD $300,000 tangible assets to establish a farming business in rural Manitoba AND investments in a farm business operated primarily for the purposes of deriving passive investment income or speculative purposes are not eligible. |
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Experience | Minimum of three years of farm business management or farm ownership and operation experience supported by verifiable documents. |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Farm Business Research Visit required. |
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Interview | Required |
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Refundable Deposit | CAD $75,000 |
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PR/Work permit | Temporary work permit; PR contingent on meeting program requirements |
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Additional Requirements | CAD $100,000 refundable deposit is no longer required. |
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New Brunswick Provincial Nominee Program (NBPNP) — Entrepreneurial Stream
Program | New Brunswick Provincial Nominee Program (NBPNP) — Entrepreneurial Stream |
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Minimum Net Worth | CAD $600,000 |
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Minimum Investment | CAD $250,000 |
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Experience | 3 out of 5 years or more in owning a business OR 5 out of 5 years or more in a senior business management role |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required, must be of economic benefit to the province |
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Exploratory Visit | Required |
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Interview | Required |
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Refundable Deposit | CAD $100,000 |
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PR/Work permit | PR after obtaining provincial nomination certificate |
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Additional Requirements | 22-55 years old CLB 5 in English or French in reading, writing, listening and speaking |
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New Brunswick Provincial Nominee Program (NBPNP) — Post-Graduate Entrepreneurial Stream
Program | New Brunswick Provincial Nominee Program (NBPNP) — Post-Graduate Entrepreneurial Stream |
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Minimum Net Worth | N/A |
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Minimum Investment | The applicant must have 100% ownership of the equity of the eligible business |
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Experience | 6 or more years in the last 10 years in NOC O, A or B OR 1-5 years in the last 10 years in the NOC O, A or B |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | May be requested (business must be of economic benefit to the province) |
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Exploratory Visit | Not specified |
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Interview | Required |
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Refundable Deposit | Not specified |
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PR/Work permit | PR after obtaining provincial nomination certificate |
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Additional Requirements | 22-40 years old CLB 7 in English or French in reading, writing, listening and speaking Have a valid Post-Graduation Work Permit |
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Nova Scotia Nominee Program (NSNP) — Entrepreneur Stream
Program | Nova Scotia Nominee Program (NSNP) — Entrepreneur Stream |
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Minimum Net Worth | CAD $600,000 |
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Minimum Investment | CAD $150,000 |
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Experience | At least 3 years of business ownership experience including 33.3% ownership in the last 10 years OR +5 years as senior manager in the last 10 years |
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EOI System | Yes (province publishes info on previous draws) |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Required for business succession only |
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Interview | Required |
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Refundable Deposit | Not required |
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PR/Work permit | Must operate business for at least 1 year on work permit following nomination; PR contingent on meeting program requirements |
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Additional Requirements | Submit an Expression of Interest (EOI) The business must meet additional criteria English/French minimum CLB 5 |
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Nova Scotia Nominee Program (NSNP) — International Graduate Entrepreneur Stream
Program | Nova Scotia Nominee Program (NSNP) — International Graduate Entrepreneur Stream |
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Minimum Net Worth | N/A |
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Minimum Investment | 100% ownership of the equity of the eligible business |
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Experience | At least 1 continuous year of business ownership experience in Nova Scotia prior to EOI submission Completed a degree of at least 2 years’ duration at a university/college in Nova Scotia |
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EOI System | Yes (province may publish info on draws after future draws are made; EOI must be submitted while on valid work permit) |
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Managerial Role | Required |
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Business Plan | None |
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Exploratory Visit | Required |
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Interview | Required |
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Refundable Deposit | Not required |
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PR/Work permit | PR after obtaining provincial nomination certificate |
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Additional Requirements | The business must meet additional criteria English/French minimum CLB 7 |
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Northwest Territories Nominee Program — Entrepreneur Business Stream
Program | Northwest Territories Nominee Program (NTNP) — Entrepreneur Business Stream |
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Minimum Net Worth | For businesses in Yellowknife: CAD $500,000 OR for businesses outside Yellowknife: CAD $250,000 |
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Minimum Investment | In Yellowknife: CAD $300,000 & at least 33.3% ownership OR outside Yellowknife: CAD $150,000 & at least 33.3% ownership OR CAD $1,000,000 investment |
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Experience | Relevant business experience required |
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EOI System | No |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Required |
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Interview | Required |
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Refundable Deposit | CAD $75,000 |
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PR/Work permit | 2-year work permit; PR contingent on meeting program requirements |
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Additional Requirements | CLB 4 in English or FrenchBusiness must generate significant benefits for the Northwest Territories, including jobs for local residents. |
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Ontario Immigrant Nominee Program (OINP) — Corporate Stream
Program | Ontario Immigrant Nominee Program (OINP) — Corporate Stream |
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Minimum Net Worth | None |
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Minimum Investment | CAD $5,000,000 OR CAD $10,000,000 if the proposed business is a land development or a leasehold company |
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Experience | The international corporation must have been established for at least 36 months at the time of application |
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EOI System | No |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Encouraged |
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Interview | Required |
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Refundable Deposit | Not required |
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PR/Work permit | Applicant & key staff first obtain work permits; PR contingent on meeting program requirements |
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Additional Requirements | Create 5 new jobs for a Canadian citizen or permanent resident per key staff member seeking nomination |
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Ontario Immigrant Nominee Program (OINP) — Entrepreneur Stream
Program | Ontario Immigrant Nominee Program (OINP) — Entrepreneur Stream |
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Minimum Net Worth | For businesses in the Greater Toronto Area (GTA): CAD $1,500,000 OR for businesses outside the GTA: CAD $800,000 OR for businesses in the ICT/Digital Communications sector (regardless of location): CAD $800,000 |
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Minimum Investment | In the GTA: CAD $1,000,000 and ownership of 33.3% of the business OR Outside the GTA: $500,000 and ownership of 33.3% of the business OR In the ICT/Digital Communications sector: $500,000 and ownership of 33.3% of the business |
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Experience | At least 36 months of full-time business experience in the last five years as business owner or senior manager |
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EOI System | Yes (province publishes info on previous draws) |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Required for business succession only |
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Interview | Required upon request of OINP |
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Refundable Deposit | Not required |
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PR/Work permit | Temporary work permit; PR contingent on meeting program requirements |
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Additional Requirements | Sign a Performance Agreement with Ontario English/French minimum CLB 4 Create at least 2 permanent, full-time jobs for a Canadian citizen or a permanent resident |
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Prince Edward Island Provincial Nominee Program (PEI-PNP) – Work Permit Stream
Program | Prince Edward Island Provincial Nominee Program (PEI-PNP) – Work Permit Stream |
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Minimum Net Worth | CAD $600,000 |
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Minimum Investment | N/A |
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Experience | Management experience required |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Recommended |
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Interview | Required |
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Refundable Deposit | CAD $7,500 of $10,000 application fee is refunded if application is declined or withdrawn. |
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PR/Work permit | Letter of support from the province to apply for a work permit;Obtain nomination once all of the terms and conditions of Performance Agreement are met. |
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Additional Requirements | CLB 4 in English or French; minimum education of secondary school equivalent21-59 years old |
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Prince Edward Island Provincial Nominee Program (PEI-PNP) – Partial Ownership
Program | Prince Edward Island Provincial Nominee Program (PEI-PNP) – Partial Ownership (terminated) |
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Minimum Net Worth | CAD $600,000 |
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Minimum Investment | CAD $150,000 and own a percentage of equity in an existing business of at least 1/3 ownership OR$1,000,000 investment |
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Experience | Management experience required |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required, must fall within an eligible sector of business set out by the provincial govt |
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Exploratory Visit | Required |
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Interview | Required |
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Refundable Deposit | CAD $200,000 |
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PR/Work permit | PR after obtaining nomination certificate |
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Additional Requirements | Submit an investment agreement Minimum IELTS band score of 4.0 within the last 2 years Score 50+ points on assessment grid |
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Prince Edward Island Provincial Nominee Program (PEI-PNP) — 100% Ownership
Program | Prince Edward Island Provincial Nominee Program (PEI-PNP) — 100% Ownership (terminated) |
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Minimum Net Worth | CAD $600,000 |
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Minimum Investment | CAD $150,000 |
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Experience | Management experience required |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Not specified |
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Interview | Required |
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Refundable Deposit | CAD $200,000 |
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PR/Work permit | PR after obtaining provincial nomination certificate |
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Additional Requirements | CLB 4 in English or French 21-59 years old |
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Saskatchewan Immigrant Nominee Program (SINP) – Entrepreneur Category
Program | Saskatchewan Immigrant Nominee Program (SINP) – Entrepreneur Category |
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Minimum Net Worth | CAD $500,000 |
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Minimum Investment | CAD $300,000 in Regina or Saskatoon and at least 33.3% ownership OR $200,000 in any other Saskatchewan community and at least 33.3% ownership OR CAD $1,000,000 investment or more |
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Experience | At least 3 years’ experience as an entrepreneur or managing a business in the past 10 years |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Required for business succession, joint ventures, and regional business opportunities |
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Interview | Upon request by SINP |
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Refundable Deposit | Not required |
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PR/Work permit | 2-year work permit; PR contingent upon meeting program requirements |
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Additional Requirements | Sign a Performance Agreement Create 2+ employment opportunities if establishing a business in Regina or Saskatoon |
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Saskatchewan Immigrant Nominee Program (SINP) – Farm Owner/Operator Category
Program | Saskatchewan Immigrant Nominee Program (SINP) – Farm Owner/Operator Category |
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Minimum Net Worth | CAD $500,000 |
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Minimum Investment | N/A |
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Experience | Farming operation ownership experience using agricultural practices similar to those used in Saskatchewan-based farming |
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EOI System | No |
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Managerial Role | Required |
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Business Plan | Farm Establishment Plan (FEP) required |
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Exploratory Visit | Required |
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Interview | Upon request |
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Refundable Deposit | CAD $75,000 |
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PR/Work permit | PR after obtaining nomination certificate |
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Additional Requirements | Submit a Farm Establishment Plan Sign a Performance Agreement |
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Yukon Business Nominee Program (YBNP)
Program | Yukon Business Nominee Program (YBNP) |
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Minimum Net Worth | CAD $500,000 (including CAD $300,000 in liquid assets) |
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Minimum Investment | CAD $300,000 and at least 1/3 ownership with a Canadian citizen or permanent resident partner |
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Experience | Minimum of 3 years entrepreneurial/business management experience & minimum of 5 years relevant work experience |
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EOI System | Yes |
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Managerial Role | Required |
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Business Plan | Required |
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Exploratory Visit | Recommended, applicants are awarded points for past visits |
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Interview | Required |
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Refundable Deposit | Not required |
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PR/Work permit | 2-year work permit; PR contingent on meeting program requirements |
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Additional Requirements | Business must be in a strategic sector, as identified by the territory Must score 65+ points on assessment grid |
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