The Entrepreneur Immigration program is a path to immigrate to Canada and settle in different provinces for experienced entrepreneurs who can support innovation and economic growth in the provinces.
You can immigrate to Canada by investing in an existing business or starting a new business, provided you hire Canadian permanent residents or citizens.
Every province and territory in Canada has their own business categories and the applicant must directly apply to the province in which they want to invest.
In most of the cases, if the applicant is nominated by the province, IRCC will issue a work permit for the applicant to come to Canada and start their business. After satisfying the conditions on their business, they will receive the letter of approval by the province and they will apply for permanent resident status.
The following table shows different business categories for all provinces and territories. In this table, we only provided the minimum Net worth and the minimum investment for each category. In addition, other parameters such as, % Ownership, Job Creation, Exploratory Visit, Co-Registrants, Partner with Locals, Type of business, Report period, Residency obligation, Work experience, Education, Language, Status in Province and Age of the applicants will be assessed.
Province | Category | Points System | Net worth | Investment |
BRITISH COLUMBIA | Regional | ✓ | 300,000 | 100,000 |
Base (Paused) | ✓ | 600,000 | 200,000 | |
Strategic Projects | 500,000 | |||
ALBERTA | Farmer | 500,000 | 500,000 | |
Foreign Graduate Start Up Visa | ✓ | Enough to support family and start the business | $100,000 in urban centers or $50,000 in regional areas | |
Graduate | ✓ | |||
SASKATCHEWAN | Entrepreneur | ✓ | 500,000 | 300,000 in Regina or Saskatoon. $200,000 elsewhere |
Graduate | ||||
Farmer | 500,000 or 300,000 in under 40 years | 150,000 | ||
MANITOBA | International Student | Liquid funds. LICO for 1 year | ||
Entrepreneur | 500,000 | 250,000 in Capital Region. 150.000 elsewhere | ||
Farm | 500,000 | 300,000 | ||
ONTARIO | Entrepreneur | ✓ | 800,000 in GTA 400,000 outside GTA or ICT | 600,000 in GTA 200,000 outside GTA or ICT |
NOVA SCOTIA | International Graduate Entrepreneur | ✓ | ||
Entrepreneur | 600,000 | 150,000 | ||
NEW BRUNSWICK | Entrepreneur | ✓ | 500,000 | 150,000 |
Prince Edward Island | WP Stream | ✓ | 600,000 | 150000 within 12 months of landing |
NEWFOUNDLAND AND LABRADOR | International Entrepreneur | ✓ | 600,000 unencumbered | 200,000 |
International Graduate Entrepreneur | ||||
NORTH WEST TERRITORIES | 500,000 in Yellowknife or 250,000 outside | 300,000 in Yellowknife or 150,000 outside | ||
YUKON | 65 Points | 500,000 and 300,000 in liquid assets | 300,000 |