The Entrepreneur Stream of the Nova Scotia Nominee Program is designed for entrepreneurs, senior business owners or business managers who intend to establish or own a company in Nova Scotia.
Successful NSNP visa program applicants will be eligible to obtain permanent residence and ultimately Canadian citizenship upon running the business on a valid work permit for one continuous year non-stop.
Upon obtaining the NSNP visa, the applicant will need to reside in Nova Scotia as well as participate actively in the daily running of the company.
To qualify for the Nova Scotia Nominee Program Entrepreneur Stream, these minimum eligibility conditions must be fulfilled by the applicant.
- Must be older than 21 years.
- Have not less than CAD 600,000 in unencumbered net business and personal assets which are freely obtainable for transfer to Canada, certified by NSOI authorized third party professionals.
- Agree to live and stay in Nova Scotia permanently.
- Be willing to invest not less than CAD 150,000 to set up a business venture in Nova Scotia.
- Be ready to prove that the amassed net worth was not via illegal sources. NSOI will certify this authorized third party professionals.
- Possess at least 3 year's expertise in having a business as well as 33.33 per cent holding in the last ten years or possess above 5 year's expertise in a senior business executive designation in the last 10 years.
- Have a Canadian Language Benchmark (CLB) 5 in English or French in all 4 components of reading, speaking, listening and writing.
The language competence has to be verified by a recognized language testing organization. The recognized language testing organizations under the NSNP visa program are:
A) For English:
- Canadian English Language Proficiency Index Program (CELPIP) General test.
- International English Language Testing System (IELTS) General Training Test.
B) For French:
- Test d'evaluation de francais (TEF)
The language tests need to be conducted two years before the EOI submission date.
Nomination Process Flow
The NSNP visa program application comprises six steps.
The first five are being handled by the NSOI, while the sixth is handled by Citizenship and Immigration Canada (IRCC).
Each step needs to be completed with all the criteria being satisfactorily met.
The six steps are as follows:
1. Expression of Interest (EOI)
Applicants need to indicate their interest in running a business and residing in Nova Scotia by submitting an Expression of Interest (EOI) which happens to be a short online survey.
Selection Factor | Points |
Language abilities | Maximum 35 points |
Education | Maximum 25 points |
Business ownership or senior management experience | Maximum 35 points |
Net worth | Maximum 10 points |
Age | Maximum 10 points |
Adaptability | Maximum 10 points |
Nova Scotia economic priorities | Maximum 10 points |
Investment | Maximum 15 points |
Total | Maximum 150 points |
2. Invitation to Apply (ITA)
The Nova Scotia Office of Immigration (NSOI) will notify the top scoring applicants to tender a formal request to the Nova Scotia Nominee Program. This will be done via an Invitation to Apply (ITA) letter.
The NSOI will then carry out an assessment of complete applications received from those invited to apply.
Date of Draw | Number of invitations issued | Score of lowest-ranked candidate invited |
August 7, 2018 | 32 | 116 |
June 26, 2018 | 22 | 120 |
May 21, 2018 | 18 | 123 |
March 27, 2018 | 22 | 108 |
February 20, 2018 | 22 | 100 |
January 16, 2018 | 27 | 91 |
December 19, 2017 | 27 | 91 |
November 15, 2017 | 24 | 91 |
October 10, 2017 | 12 | 97 |
September 15, 2017 | 28 | 91 |
August 9, 2017 | 25 | 94 |
July 11, 2017 | 20 | 97 |
June 13, 2017 | 30 | 95 |
May 9, 2017 | 35 | 98 |
March 7, 2017 | 26 | 90 |
January 18, 2017 | 28 | 90 |
December 22, 2016 | 36 | 97 |
November 18, 2016 | 35 | 104 |
October 3, 2016 | 9 | 110 |
August 11, 2016 | 12 | 111 |
June 28, 2016 | 8 | 115 |
April 21, 2016 | 11 | 108 |
March 31, 2016 | 8 | 113 |
March 10, 2016 | 8 | 117 |
February 19, 2016 | 6 | 112 |
3. In-Person Interview and Business Performance Agreement
After the assessment of completed applications by the NSOI, applicants who possess the eligibility requirements will be invited for a personal interview with NSOI personnel in Nova Scotia.
The interview is expected to happen not beyond 60 days of the applicant being contacted.
4. Work Permit and Business Establishment in Nova Scotia
Successful applicants who have obtained the work permit are expected to arrive in Nova Scotia, not beyond one year of obtaining the Entrepreneur Approval Letter or risk their file being closed.
Applicants are advised to begin operations in a period of six months of their arrival.
5. Request for Nomination
When the Business Performance Agreement conditions have been satisfied by the applicant for 12 months, the applicant may apply for nomination for permanent residency by the Nova Scotia province under the NSNP. This will be done by tendering a Nomination Request Form.
6. Apply for Permanent Residence
Following receipt of their letter of nomination, the applicant has six months to apply to the IRCC for Permanent Residence.
Once the IRCC confirms that all business and personal criteria have been met, the applicant will then be issued a confirmation of Permanent Residence.
We can give you the necessary assistance that you need to ease up the application process. Try us today and see why more than 5000 people trust us at a time by applying for different countries visa through us.
To get a free assessment report and professional visa services, get in touch with us at Opulentus Overseas Careers.
We offer top-notch immigration services and will make your Nova Scotia PNP visa application process stress free.
Immigrants will be looking for the service of a trustworthy consultant company that can save them the stress of figuring what to do next and the pain of losing money. That is why we at Opulentus; a highly reliable and competent Immigration Consultant Company has committed to helping immigrants with their visa and permanent residence acquisition. We own a reservoir of proficient consultants who are the finest in the international market.
As an Immigration Consultant, Opulentus offers competitive fee which is best in the Immigration Industry. We processed over a lakh of active cases from all over the world at a given time, thanks to our state-of-the-art processing center. With Opulentus, you get the best hands at the best prices. Standard prices are charged across all our offices. We ensure that besides company offers and promotions, you will not be demanded or asked to pay a higher or lower price. The company determines prices and remains the same for all clients, offices, and cases.
Job openings in Canada increased sharply to 581,600 in the 2nd quarter of 2019, up 6.4% in the corresponding period of the previous year, new figures reveal. Quebec estimated for approximate...
read moreCurrently India is a fast growing inbound market for Australian Tourism and for the five years consecutively there was a double-digit growth in it. Australia has set the plans to welco...
read moreThe number of Australian citizenship approvals by conferral has grown by 80% with above 145,000 individuals approved for citizenship of Australia in 2018-19. The sharp rise occurs in the wak...
read moreOpulentus has been very helpful. My case officers are extremely good in helping me in getting this Visa. I am very grateful.
I am very glad to choose Opulentus. Thanks to whole team and specially thanks to my case officer for guiding me through out process. I really apprecia...
The team at Opulentus has been very helpful at every step of the way. They had given the right advice and guidance and I would like to make a special ...
MARA
Registered Migration Agent
ICCRC
Regulated Canadian Immigration Agent
IAA
Licensed Migration Adviser