Newfoundland and Labrador Provincial Nominee Program's International Entrepreneur Category

The Newfoundland and Labrador Provincial Nominee Program (NLNP) offers a pathway for international entrepreneurs seeking to establish and manage businesses in the province. Among its streams, the International Entrepreneur Category is designed to attract individuals with the financial means and managerial experience necessary to thrive in Newfoundland and Labrador's business environment.

Program Requirements

To qualify for the International Entrepreneur Category, applicants must meet several requirements:

  1. Language Proficiency:
    Candidates must demonstrate proficiency in either English or French, with a minimum level of Canadian Language Benchmark (CLB) 5 required.
  2. Education:
    Applicants should have completed education equivalent to a Canadian high school diploma. If their education was obtained outside Canada, they must provide an Educational Credentials Assessment (ECA).
  3. Work Experience:
    Candidates must possess relevant work experience to successfully establish and operate a business in Newfoundland and Labrador. This can be evidenced by either two years of managing or owning a business, or five years of experience as a senior business manager.
  4. Investment Requirement:
    Prospective entrepreneurs must showcase a personal net worth of at least CAD 600,000 and commit to investing a minimum of CAD 200,000 in a new or existing business within the province.

Application Procedure

The application process for the International Entrepreneur Category involves several steps:

1

Expression of Interest (EOI)

Interested individuals must submit an Expression of Interest (EOI) through the NLNP's online portal during designated periods. EOIs are evaluated based on various criteria, with the most competitive candidates receiving invitations to apply for the program.

2

Invitation to Apply (ITA)

Upon receiving an Invitation to Apply (ITA), applicants submit an official application for nomination to the province. This application includes supporting documentation, such as an Audit Report and a Business Establishment Plan, along with an application fee of CAD $1,000.

3

In-person Interview

Successful applicants are required to attend an in-person interview in Newfoundland and Labrador. During this interview, candidates must demonstrate their commitment to establishing or purchasing a business in the province.

4

Work Permit and Business Launch

Approved applicants receive a work permit authorization letter, enabling them to apply for a Canadian work permit. Subsequently, they relocate to Newfoundland and Labrador to launch their business in accordance with the Business Performance Agreement.

5

Provincial Nomination and Permanent Residency

After fulfilling their commitments outlined in the Business Performance Agreement, entrepreneurs may apply to the province for an official Provincial Nomination. Once nominated, they can then seek Canadian permanent resident status through Immigration, Refugees, and Citizenship Canada (IRCC).

The International Entrepreneur Category of the Newfoundland and Labrador Provincial Nominee Program provides a viable pathway for foreign entrepreneurs to establish and grow businesses in the province. By meeting the program’s requirements and navigating the application process diligently, individuals can pursue their entrepreneurial aspirations while contributing to the economic prosperity of Newfoundland and Labrador.

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International Entrepreneur Category?

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Other Provincial Nominee Programs

Yukon

The Yukon Nominee Program (YNP) is designed for skilled workers, entrepreneurs, and individuals with specialized experience who wish to settle in Yukon. This program offers pathways for candidates with specific job offers and those with skills that align with the territory’s labor market needs.

Saskatchewan

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Prince Edward Island

The Prince Edward Island Provincial Nominee Program (PEI PNP) offers immigration pathways for skilled workers, business owners, and international graduates. It provides opportunities to settle and contribute to the province’s economy while pursuing permanent residency.

Ontario

Ontario’s Provincial Nominee Program (OINP) is designed for skilled workers, entrepreneurs, and graduates who wish to live and work in Ontario. The program offers several streams, including pathways for in-demand professionals and business owners.

Nova Scotia

The Nova Scotia Provincial Nominee Program (NS PNP) targets skilled workers, entrepreneurs, and international graduates. The program offers multiple pathways to permanent residency, allowing applicants to settle and contribute to Nova Scotia’s growing economy.

Northwest Territories

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New Brunswick

New Brunswick’s Provincial Nominee Program (NB PNP) is for skilled workers and entrepreneurs who want to contribute to the province’s labor market. The program includes streams for skilled professionals, business owners, and those with ties to the province.

Manitoba

The Manitoba Provincial Nominee Program (MPNP) offers several immigration pathways for skilled workers, business owners, and international graduates who wish to live and work in Manitoba. Successful applicants can apply for permanent residency after meeting the program's criteria.

British Columbia

The British Columbia Provincial Nominee Program (BC PNP) is designed for skilled workers, entrepreneurs, and graduates who wish to settle and contribute to the province’s economic growth. It offers various streams, including pathways for those seeking to start or invest in businesses.

Alberta

Alberta’s Provincial Nominee Program (AINP) targets skilled workers, semi-skilled workers, and entrepreneurs who wish to live and work in Alberta. The program offers pathways for individuals to apply for permanent residency while contributing to the province’s thriving economy.