Entrepreneurs Have A Promising Opportunity To Apply For Nova Scotia Immigration

30 Jun 2018

On June 26^th, 2018, the immigration authorities in Nova Scotia, conducted draws in the Graduate Entrepreneur and Entrepreneur streams of the province.

In the draw for Entrepreneurs, 22 candidates received the ITAs for immigration, and the least rank for a candidate was just 120 points.

In the previous May 21^st 2018, draw 18 candidates received the ITA, where the least rank of a candidate was 123.

Generally, in the monthly draw, the highest numbers of ITA, are 36, and the lowest score is 90.

Data of Invitations under the Nova Scotia Entrepreneur Stream

This stream presently attracts candidates who have an experience in the senior management business or ownership. They have to live in the province and commence new business activities. They can also opt for buying a present business, and participate in an active manner in its  day  to day supervision .

In the Entrepreneur stream of canada, candidates initially get a temporary work permit, prior to submitting an application to seek PR after managing the business for one year. There is an EOI format in the stream, through which, all candidates of the pool get the Invitation.

Canada Nova Scotia Entrepreneur Stream: Steps

• Giving the Expression of Interest,
• Getting Invitation to Apply,
• Attending a Personal Interview and signing Business Performance Agreement,
• Obtaining Work-Permit and Establishing Business in the province,
• Making Nomination Request,
• Finally Applying for Canada PR

Nova Scotia Entrepreneur Stream: Requirements for Candidate

• Applicant must have the age of 21 years or above.
• Intention to reside in Nova Scotia permanently while owning/ managing the business.
• Having a Minimum worth of $600,000.
• Making an investment of $150,000 to establish/purchase a local business.
• Minimum 3 years of experience in managing/owning a business actively (33 percent minimum ownership) OR more than 5 years experience as a Senior Business Manager.
• Scoring minimum of 5 in the CLB in listening, speaking, reading and writing in English/French.

Moreover, on June 21^st, 2018 the province also conducted its ninth draw for International Graduate Entrepreneur stream. One candidate received the ITA, after scoring 64 points in the draw. To date 13 candidates have received the Invitation.

International Graduate Entrepreneur Stream: Historical Draws

The International Graduate Entrepreneur stream has many similarities with the Entrepreneur stream. It aims to provide opportunities to recent students, who graduate from a NS university or NS Community College. They must either start or next to that purchase a local business, and manage  it for a year on a PG Work Permit.

Candidates subsequently  get the PR nomination, when they  wish to settle in the province. The stream has the EOI format, which is similar to the Entrepreneur stream.

International Graduate Entrepreneur: Steps

• Giving the Expression of Interest
• Getting Invitation to Apply
• Attending Personal Interview and signing Business Performance Agreement
• Finally Applying for PR

International Graduate Entrepreneur Stream: Requirements for Candidates

• Intention to reside in Nova Scotia permanently, at the time of owning/managing the provincial business.
• Minimum one year of continuous experience in managing/owning current NS business and also having 100 percent ownership.

• Having a Degree/Diploma and also minimum 2 academic years of full-time, in-person studies at a NS university/Community College.
• A Valid post-graduation work permit.

• Minimum score of 7 on the CLB in listening, speaking, reading and writing in English/French.