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Nova Scotia Nominee Program - Entrepreneur Stream

CanadaStarting a business

Explore the five recorded questions, answers and sources for this pathway.

Official link

Is this for a founder, startup entrepreneur, self-employed person, freelancer, company owner or another business profile?

Experienced business owners or senior business managers who want to live in Nova Scotia.

See recorded sources
  • chars 1290-1409
    The Entrepreneur Stream is for experienced business owners or senior business managers who want to live in Nova Scotia.

What must actually exist or be demonstrated: business plan, company, innovation, clients, contracts, economic activity, job creation or other substance?

The applicant must start a new business or buy an existing business, and must actively participate in its day-to-day management.

See recorded sources
  • chars 1410-1544
    They must start a new business or buy an existing business and must actively participate in the day-to-day management of the business.

What investment, capital, income, revenue, funding or viability evidence is central to this pathway?

A personal net worth of at least CAD 600,000 (CAD 400,000 if the business is outside Halifax Regional Municipality), and the ability to invest at least CAD 150,000 of the applicant's own money to establish a business in Nova Scotia (CAD 100,000 if the business is outside HRM).

See recorded sources
  • chars 2119-2385
    have a net worth of at least $600,000 CAD ($400,000 CAD if your business is outside Halifax Regional Municipality (HRM)); be able to invest at least $150,000 CAD of your own money to establish a business in Nova Scotia ($100,000 CAD if your business is outside HRM);

What business/self-employed activity may the holder conduct? Are there important restrictions? What is the family position where clearly stated?

The holder is expected to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business. The official source does not state activity restrictions or the family position.

See recorded sources
Limits of the record
  • The capture states no restriction on the type, sector or location of business the holder may operate, beyond the net-worth and investment figures differing inside and outside Halifax Regional Municipality.
  • The capture does not state the family's position for this stream. The only family sentence on the page ('You, your spouse and your dependents must meet all requirements for medical, security and criminal admissibility') concerns admissibility for the later IRCC permanent-resident visa, not activity rights, and is outside this slice.
  • chars 2020-2118
    want to live permanently in Nova Scotia while owning and actively managing a Nova Scotia business;

What approval/application sequence applies, how long is the status granted, how is it renewed, and what longer-term residence direction is officially stated?

Within twelve months of receiving the nominee certificate the nominee applies to Immigration, Refugees and Citizenship Canada for a permanent resident visa; the applicant, spouse and dependants must meet all medical, security and criminal admissibility requirements, an interview may be required, and IRCC has the final authority to issue the visa. The official source does not state the stream's own approval sequence, any work permit, its duration or renewal.

See recorded sources
Limits of the record
  • the citation is the NSNP-wide step after nomination; it does not describe the Entrepreneur stream's own approval sequence, any work permit, its duration or renewal
  • the page states elsewhere that an approved application 'may receive a nomination, and a letter of support for a work permit, if applicable', without saying which streams that applies to
  • chars 5719-6113
    Within twelve (12) months of receiving your nominee certificate, apply to Immigration, Refugees and Citizenship Canada (IRCC) for your permanent resident visa. You, your spouse and your dependents must meet all requirements for medical, security and criminal admissibility. In some cases you may be asked to go for an interview. IRCC has the final authority to issue a permanent resident visa.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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