Buying a business in New Brunswick Canada - Entrepreneur Immigration
New Brunswick has a Provincial emigration stream which allows suitable Entrepreneurs to either set up or buy a business in New Brunswick. The scheme can facilitate both temporary and full residency visas.
In conjunction with starting or buying a business in New Brunswick, the Business Plan stream enables Entrepreneurs to expedite their move to New Brunswick.
In order to be considered for this stream:
- you must have previous management experience with proven success as a senior executive and/or business owner;
- your business skills must be relevant to the business you intend to pursue in New Brunswick;
- you must have sufficient funds to finance the first phase of the planned business venture without third party assistance and to support your family for a period of up to two years (the personal net worth requirement will vary based on business venture proposed);
- you are required to participate in the business in an active managerial role.
Details of proposed criteria can be found by opening these files.
Entrepreneurs and Investors: Selection criteria.
Business immigration evaluation form.
50 points are required on the Selection Criteria as shown in the first link above in order for your evaluation form to be considered. A good understanding of English or French is also required.
Once applied for you will be contacted by A New Brunswick Program Officer.
You will also be required to plan an exploratory visit.
And Apply for immigration through the New Brunswick PNP program.
Once a final decision has been made, if successful, you will be nominated and your application sent to the appropriate Visa Office.