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Nova Scotia - Launching New Business Streams for Canadian Immigration

Author
admin
Date
2015-10-20 06:51
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453
Nova Scotia - Launching New Business Streams for Canadian Immigration

 

From January 1, 2016 Nova Scotia is launching two new business streams as the Nova Scotia Nominee Program (NSNP); The Entrepreneur Stream and the International Graduate Entrepreneur Stream. These new streams aim to attract international entrepreneurs and to retain international graduates of provincial universities and colleges.

Candidates for the Entrepreneur Stream will be required to have a net asset of at least $600,000 and to invest at least $150,000 in a Nova Scotia business. The Entrepreneur Stream aims to attract candidates who want to start or buy and actively manage a business in Nova Scotia.

The International Graduate Entrepreneur Stream aims for the international students studying in Nova Scotia to remain in the province and open a business once they have completed their studies.

“We’re excited that the International Graduate Entrepreneur Stream is the first of its kind in the country,” said Nova Scotia Immigration Minister Lena Metlege Diab. “These two new business streams have been carefully developed using best practises from around the world to ensure they have the maximum economic benefit for Nova Scotia.”

Nova Scotia has been active in its PNP programs and recently it received an additional allocation of 300 nominations from the federal government for the NSNP, bringing its total allocation for 2015 to 1,350 places.

 

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