New Brunswick Provincial Entrepreneurship Program

About the province of New Brunswick

New Brunswick is one of the four provinces of Atlantic Canada with a population of about 760,000 people. Unspoiled areas are abundant in this province.

85% of this province is covered by forest. There are also several coastal islands in this province.

Saint John is the largest city (130,000 people) and Fredericton is the capital of this province. The city of Moncton is another important urban center of this province. This province has two official languages. 35% of them speak French (which is considered the first language) and the remaining 65% speak English. The weather of this province is very suitable in summer and in winter it is associated with significant snowfall.

This province has abundant natural resources that form the main part of the province’s economy. Due to the large area of ​​forests, wooden products are one of the main exports of this province.

Immigrate through the New Brunswick Provincial Entrepreneurship Program

This program is an economic immigration pathway for experienced entrepreneurs who are ready to create, operate and actively manage a business while living and residing permanently in New Brunswick.

Applicants under this program must meet minimum requirements for age, language, education, personal net worth, business ownership and/or senior management experience, and type of business. Eligibility requirements must be in place at the time of EOI registration and then selected by the province. New Brunswick’s entrepreneurship program to obtain permanent residence in Canada is one of the shortest and best immigration methods. Compared to other provincial entrepreneurship programs, this program is one of the few immigration programs that directly leads to permanent residence in Canada by paying the investment amount as well as a relatively low security deposit.

Requirements to apply through the New Brunswick Entrepreneurship Program

** Having a minimum capital and assets of 600 thousand Canadian dollars, of which 300 thousand dollars must be cash and transferable. This asset can be in the form of property, cash, etc. in the name of the applicant or spouse.

**Having at least 3 years of management experience in the last 5 years for business owners (operating management, business license, active office license, etc.) Business owners must own a business with more than 33% ownership.

** Having at least 5 years of senior management experience in the last 5 years for managers.

** Having at least a graduate degree or higher.

** Having the age of 22 to 55 years.

** Having a minimum score of CLB 5 from IELTS General English or French

Listening 5           Writing 5         Reading 4            Speaking 5

**The ability to invest 250 thousand Canadian dollars to start a business, which is applicable after entering the province of New Brunswick.

** Carrying out a 5 to 10-day research trip to New Brunswick province to investigate and get to know the province

** Obtaining a minimum passing score of 65 out of 100 based on the rating table

How to process the case:

– Create an online profile

– Sending a request to act online – Expression of Interest

– Waiting to receive the Invitation to Apply letter

– Sending all requested documents, forms, business plan, etc. After receiving the above letter

– Participation in the interview if necessary and requested by the province

– Waiting to receive the acceptance letter of the province Nomination Letter. The amount of 100,000 dollars as a guarantee deposit can be paid within 60 days after receiving the acceptance letter from the province. In case of starting a business, the deposit amount will be returned to the applicant after one year.

– Sending the application file for permanent residence in Canada after receiving the acceptance letter and waiting for approval

Entering the province and starting a business. If the business is not started, the deposit amount of 100 thousand dollars is non-refundable.

Benefits of operating through the New Brunswick Entrepreneurship Program

Low investment amount and guarantee deposit, in other words, if you don’t want to start a business, you will receive a permanent residence guarantee deposit for yourself and your family members by paying only 100 thousand dollars.